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14.02.2009, 14:14

Gold offers safety in perilous economic waters

Gold is hovering near $940/oz with Russia's leading precious metals producers claiming to Business RT the price will keep rising, because paper currencies are no longer trusted.

13.02.2009, 20:00

G7 Finance ministers meet against protest backdrop on economic fears

The G7 Finance Ministers meeting in Rome takes place against a backdrop of protest generated by fears of job cuts and factory closures. The meeting is expected to address perceptions that more coordination is needed.

13.02.2009, 11:00

Government mulls Oil production stimulus through tax

Tax breaks are on the way for new oil fields, in a bid to revive production. The Russian Government is once again considering new tax proposals for the oil industry, as the cash-cow of the economy begins to weaken.

03.05.2010, 09:08 4 comments

New players open menus on Russian fast food market

Russia's fast food market has shown huge growth over the past decade, with international and local players alike reaping in the benefits. Some local expats have come to the market looking to take a seat at the table.

01.07.2009, 22:57 2 comments

University leavers graduate to the unemployed queues

400,000 school and university students graduate this week. Many will go straight into the ranks of the unemployed. The head of the national jobs agency warned RT now is the worst time for young people to look for work.

02.05.2009, 10:42 1 comment

Matrix model sees shared office costs as answer to crisis

Moscow offices are thinning out, with two-thirds of new business centres standing empty as firms economise. But the developers loss is an opportunity for one entrepreneur.

07.06.2010, 17:41 1 comment

X5 to cut prices in Perekrestok chain

X5 retail group will cut prices by an average of 20% on many goods in its Perekrestok supermarket chain in order to stem a drop in shoppers.

Image from novate.ru 12.10.2010, 17:15

Electonics retailers look to rebound from horror recession

The Russian electronics and mobile phone retail sector was hammered by the economic and crisis during 2008–2009, and is only now looking to recover growth.

02.03.2009, 17:05

Vimpelcom appoints new CEO

Russian telecoms provider Vimpelcom, has appointed former Telekom Austria Chief, Boris Nemsic, to replace outgoing CEO Alexander Izosimov.

Painting by Steve Dininno 10.03.2009, 19:58

Bad debts draw proposal for greater state regulation

Russia's love affair with credit seems to have come to an end with the economic downturn. But debt recovery agencies are busier than ever – and some think it's now time to regulate them.

Global players in Russian telecoms look to longer term

Published: 16 February, 2009, 10:24


The current financial crisis has prompted speculation about the future of consolidation in Russia's mobile telecommunications market, with several local operators recently acquiring retail outlets and internet companies.

 
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