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17.03.2009, 16:06

Russian government forwards G20 economic proposals

The Russian Government has put forward its suggestions for re-building the world financial system, which it wants discussed at next month's G20 Summit in London.

17.03.2009, 11:48

AFI development posts $108 million loss for FY 2008.

Russian property developer has posted a FY 2008 Net Loss of $107.8 million under IFRS.

17.03.2009, 10:16 2 comments

Rules of physics provide insight into economic crisis

Russian scientist Victor Maslov calculated the global financial crisis using formulas derived from mathematical physics. He is is now disclosing his know how to help government fight the recession.

19.10.2009, 20:28 1 comment

Avtovaz losses bring bankruptcy talk to the surface

Mounting losses at Avtovaz, have stakeholders muttering about stemming the losses and bankruptcy, as the company races against time to rev up its range, slash employees, and service crippling debts.

30.07.2009, 10:01 2 comments

Avtovaz denies cuts as woes mount

Russia’s biggest car maker, Avtovaz, has denied media reports that it plans to cut more than 27 thousand jobs. However the company has been struggling with falling demand, and is facing problems debt with debt.

Russian Prime Minister Vladimir Putin speaks at the opening of a Nissan plant on the outskirts of St. Petersburg on June 2, 2009 (AFP Photo / RIA Novosti / Pool / Alexey Druzhinin) 02.06.2009, 16:07 1 comment

Nissan unveils new St Petersburg plant

Japanese carmaker Nissan has opened its first production plant near Russia's St. Petersburg.

10.03.2010, 12:08

Nissan to build Murano in Russia in 2011

Japananese automaker, Nissan, has announced that it will start building its sport utitlity vehicle Murano model in Russia beginning in 2011.

23.04.2010, 17:15

Rusal turns to leaner cleaner aluminium

The production processes which fuelled the aluminium boom of the last century have become increasingly less cost effective, and the Rusal Irkutsk smelter is at the vanguard of efficiency improvements.

08.06.2010, 13:03

Avtovaz to produce snowmobiles

Avtovaz, through it’s subsidiary, Avtovaz Perscpective, will produce snowmobiles twice as cheap and much slower than other national brands, reports Vedomosti.

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

Global carmakers in Russia prepare for the longer haul

Published: 18 March, 2009, 10:22


One of Russia’s main economic zones, the Kaluga region, plans to attract $500 million of foreign investment this year, less than a third of its 2008 total, as the key carmaking industry slows.

 
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