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05.03.2009, 18:19

Rosavia plans held off as doubts about smaller airlines mount

The government has suspended creation of new state-owned airline, Rosavia, for at least a year, with experts saying that some regional carriers that are supposed to be folded into the airline may not survive until then.

05.03.2009, 10:22

Government allocates more funding for banking sector

The government is allocating $15 billion dollars to boost the capitalisation of Russian banks, in order to further underpin the stability of the sector.

Sukhoi SuperJet 100 04.03.2009, 17:40 1 comment

Sukhoi SuperJet 100 ready for delivery this year

The first Sukhoi SuperJet 100 regional airliner will be delivered to Russia’s Aeroflot by December 2009, with the company already having orders for 98 of the aircraft.

RIA Novosti / Mikhail Fomichev, STF 29.07.2010, 10:48 4 comments

Kaluga Region: source of Russian VW

Just 200 kilometers from Moscow is the Kaluga Region, the center of Russian science and industry. The country's largest scientific research complex develops hi-tech advances in engineering and electronics.

Dmitry Medvedev (RIA Novosti) 18.06.2010, 17:07 4 comments

President’s keynote St. Petersburg address focuses on modernization

Russian President, Dmitry Medvedev, has announced that Russia will abolish capital gains taxes on long term direct investments, in order to boost economic modernization.

AFP Photo / Pool / Sergei Ilnitsky 05.08.2009, 22:46 2 comments

President fronts up for small business

Wednesday saw President Medvedev meet legal officials to urge progress on legislation affecting small business, repeating criticisms made earlier this year, that authorities hinder entrepreneurs.

24.12.2009, 11:37 2 comments

Eurochem boosting fertilizer potential with new plant

Russia's leading fertilizer producer has launched an $80 mln plant to produce one of the best-used fertilizers in developed countries, adding to Russia’s export portfolio.

30.12.2009, 20:48 2 comments

Economic worst avoided with much still to do

Wednesday saw the Russian government discuss this year's economic performance and the anti-crisis measures to be implemented in 2010.

18.05.2010, 11:38 2 comments

Shaky markets could still undermine China’s global economic lead

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.

A Russia-manufactured Nissan Taena dashboard. 01.06.2010, 13:39 2 comments

Nissan doubles up on Russian shifts

Nissan has announced that it will add a second shift at its St. Petersburg plant due to increased demand and economic recovery.

Geneva Car show opens against backdrop of sector gloom

Published: 06 March, 2009, 12:16


The Geneva Car Show has opened at a time when governments around the world are injecting billions of dollars into the auto sector, but, still, assembly lines are halting and lay-offs continue.

 
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