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breakingnews
24.03.2009, 17:26
Russia’s stockmarkets dropped 3% on Tuesday after a bleak assessment of the economy from finance minister Aleksey Kudrin. Other ministers said rescue measures should be used to encourage long term growth.
24.03.2009, 16:01
Russian Prime Minister, Vladimir Putin, has condemned the signing of an agreement between the EU and Ukraine on overhauling Ukraine's gas pipelines, saying it is meaningless without Russian involvement.
24.03.2009, 15:00
Russian steelmaker Novolipetsk Steel, or NLMK, has posted a FY 2008 Net Profit of $2.278 Billion under U.S. GAAP, despite a 4Q loss of $480 million.
18.05.2010, 11:38
2 comments
Europe's debt crisis is not just threatening prosperity in Eastern Europe and Russia, it's also likely to have an impact on the world's biggest emerging economy, China.
01.06.2010, 13:39
2 comments
Nissan has announced that it will add a second shift at its St. Petersburg plant due to increased demand and economic recovery.
03.03.2009, 11:07
1 comment
Experts say cut-backs in crude oil exploration and investment could see energy costs soar again and that, when this comes, Russia should again focus on managing the upturn to diversify its economy.
09.02.2009, 10:59
Russian automakers, Avtovaz and Kamaz, which have restarted production this month, are asking the government for support in the face of falling demand and shrinking production.
20.02.2009, 18:58
The Russian government has acknowledged electricity generators won’t be able to meet their $50 billion investment obligations. State officials say they are ready to review the schedule of building new power capacity.
24.02.2009, 10:27
Taking the chance. Reform of the Russian economy in the middle of a crisis offers the chance to identify and solve systemic problems. But it's a big challenge for the government.
01.04.2009, 11:52
A large proportion of the workforce of Russia's biggest car manufacturer AvtoVAZ could lose their jobs after a dramatic drop in sales, which has already led to a cut in the salaries of 100,000 employees.
Published: 25 March, 2009, 10:03
Germany's E.On says it will delay new projects if the state doesn't keep promises, after claims officials have misled power companies about the potential of Russia's electricity market to make them build extra capacity.
