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breakingnews
20.02.2009, 17:58
4 comments
The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
20.02.2009, 17:31
Polymetal has unveiled a JORC compliant estimate for the Birkachan and Oroch fields, it acquired Canada’s Kinross Gold in 2008, adding adding 1.6 million ounces of gold equivalent to its reserves.
20.02.2009, 16:14
Russian coal and steel group, Mechel, has announced that it has reached agreement with Hyundai Steel of South Korea to increase coking coal deliveries by up to 300 thousand tonnes per year.
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.
28.02.2009, 11:07
Oleg Deripaska has slipped in the latest list of Russia's richest men from first to eighth. Researchers say his fate now lies in the hands of the man who replaced him at the top, and their relations are not good.
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.
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.
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.
Published: 20 February, 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.
