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breakingnews
01.10.2009, 16:25
Leading russian dairy producer, Unimilk, has posted a 1H 2009 Net Profit of 19 million Roubles under IFRS.
01.10.2009, 14:52
Russian truck producer Kamaz, and German counterpart, Daimler, have moved a step closer to a joint venture to produce, sell and service Mercedes-Benz trucks in Russia, with the signing of a letter of intent.
30.09.2009, 20:37
Business leaders have poured cold water on claims that the crisis is ending, as key bankers say non performing loans are still a major problem and are the heart of increased state involvement in the economy.
12.02.2010, 19:38
11 comments
Russia is renovating its railroads and sea ports - all part of plan to bypass transit countries when exporting energy products. That means neighbours like Estonia are looking to move from stable cashflows.
22.03.2010, 10:45
3 comments
Hi-tech projects are being pushed as part of Russia's economic diversification, but the head of the Russian Venture Company, Igor Agamirzyan, says Russia’s business culture needs to be overhauled.
11.06.2009, 18:06
2 comments
Gazprom says it’s received an offer to buy a stake in Slovenia's largest fuel retailer Petrol while the nation's economy minister refuses to sell it. Last month Russia’s Sberbank bought into Germany’s carmaker Opel.
18.09.2009, 20:06
2 comments
Business and political leaders meeting at the Sochi International Investment Forum have heard that Russia will be looking to encourage greater foreign investment.
17.12.2009, 20:10
2 comments
Russia should shift its focus from oil and gas and begin developing alternative energy. But members of the International Energy forum say innovations will require state investment and social and economic policy changes.
03.07.2009, 16:48
1 comment
Dmitry Medvedev will welcome Barack Obama on his first Presidential visit to Russia, with strategic issues likely to dominate the agenda but economic ties also looking to gain a boost.
18.09.2009, 16:24
1 comment
The U.N. Conference on Trade and Development has released its World Investment Report, placing Russia in 5th position for Foreign Direct Investment inflows over 2007-2008, behind the U.S., France, China, and Britain.
Published: 01 October, 2009, 21:42
Edited: 04 October, 2009, 04:00
President Dmitry Medvedev has called for a 40% boost to Russia's energy efficiency. But experts say political will and modern technologies are not enough if Russia is to become a prudent energy consumer.
I am outraged that Duma is even thinking about outlawing incandescent lightbulbs. Mercury in energy efficient bulbs are poisonous and harmful to health and environment. The distance light travels from these bulbs are less effective, meaning more bulbs needed for same effect. Also they almost always die very quick despite being advertised a lifespan of 5 years or more. They usually die after a week to a year. The huge plastic bases on them take even more hydrocarbons to make than the incandescents. This is just Green Lobby at its worst! And you will see a Black Market spring up and criminal activity sky rocket due to stupidity of Governments.