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12.03.2009, 17:53

Coal miners bear brunt of downturn as PM affirms support

Coal mining has been among the worst hit sectors in the Russian economy, as the economic crisis unfolds. Prime Minister Putin went to Russia's coal rich Western Siberia region to meet the miners.

12.03.2009, 16:50

Russia to propose new pricing formula on crude at Moscow conference

Deputy Prime Minister, Igor Sechin, says Russia will propose a new oil pricing formula at an international conference it is planning for later this year, inviting major oil producers to Moscow.

Painting by Alberto Ruggieri 12.03.2009, 10:51

Rising food prices drive push for greater import substitution

Food prices in Russia are growing three times faster than in the rest of Europe, driven by the high level of food imports and a weakening Rouble.

09.08.2010, 16:36

Iced tea market to toughen up

Competition in the Russian iced tea market is expected to get tougher with Lipton and Nestea likely to be facing competition from popular U.S. based brand, AriZona Iced Tea

25.02.2010, 13:33

Investors to be quizzed on potential state company sell off

The Russian government is preparing to ask investors which states companies and assets would be attractive business opportunities for investment and development, according to a Vedomosti report.

Vladimir Putin give a press conference on November 27, 2009 (AFP Photo / Fred Dufour) 27.11.2009, 16:31 5 comments

Putin Paris visit brings upside for South Stream and Avtovaz

A two day visit to Paris by Prime Minister Vladimir Putin has seen the announcement of agreements strengthening Russian-French business, with Renault commitment to Avtovaz, and EDF joining South Stream.

image from www.coca-cola.ru 01.09.2010, 16:54 1 comment

Coca-Cola’s Russian tale gets juicier

Coca-Cola has completed its acquisition of OJSC Nidan Juices, according to the Coca-Cola Company’s press release on September 1.

14.09.2009, 10:36 3 comments

Ailing pharmaceuticals producers look for state support

The Russian government is trying to revive the domestic pharmaceutical industry with calls to reduce reliance on imports.

Sukhoi Superjet 100 (Photo from http://sukhoi.superjet100.com) 23.07.2010, 21:44 3 comments

Russian planemakers cash in at Farnborough

The Farnborough international air show ended with $47 billion worth of deals with many believing this year's event marked the recovery of the civil aircraft industry.

12.04.2010, 12:52

Rusal posts FY 2009 net profit of $821 million

Russian aluminum producer, Rusal, has posted a FY 2009 net profit of $821 million under IFRS.

Gazprom to ramp up production in the face of global LNG glut

Published: 13 March, 2009, 12:19


LNG tanker (AFP Photo / Natalia Kolesnikova)

The world's already depressed market for LNG will come under further pressure within the next 2 years as new projects come online. Gazprom says it will continue its expansion, despite the threat of LNG over-production.

 
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