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Image from tatneft.ru 23.10.2009, 13:51

Tatneft posts 1H 2009 Net Profit of 29.7 billion Roubles

Russian oil major, Tatneft, has posted a 1H 2009 Net Profit of 29.7 billion Roubles under US GAAP.

23.10.2009, 08:36

Russian companies beat path to Hanoi as Vietnamese market beckons

Dozens of Russian companies are in Vietnam in a bid to win business from its traditional partner, China, with the energy sector seen as showing particular promise.

22.10.2009, 19:41

Diversification the key to post recession economic growth

With the Russian economy now emerging from the slump of the past year, focus is turning to the economic restructuring required to broaden the economic base and lay the basis for steadier economic growth.

29.10.2009, 16:11 4 comments

Russian toll roads shift into overtaking lane

Plans to construct toll roads, improving driving conditions and bolstering the economy, have gained recent attention with supportive comments from Prime Minister Vladimir Putin providing extra traction.

RIA Novosti / Andrey Arhipov 15.07.2010, 11:57 2 comments

Russia’s grain yield losses became a burning issue to the government

The Ministry of Agriculture says the continuing drought will lead to a reduced grain yield from 9.5 million hectares in 17 regions, bringing the national grain production down to 75 million tones.

16.04.2009, 09:21 2 comments

State looks to soften up the hard road ahead with more spending

Russia will spend an additional $13 billion to rebuild its roads as a way to get out of the financial crisis. It's an idea used during the Great Depression by the US and also resembles China’s current stimulus package.

31.07.2010, 10:47 3 comments

Drought hammers agriculture

Russia has declared a state of emergency in four more regions - hit by the worst drought in a century – making for 27 regions across central Russia seeing production hit, and economists concerned about inflation.

12.10.2009, 12:19 2 comments

Medvedev says budget deficit will be reigned in as soon as possible

Russian President, Dmitry Medvedev, calls for the economy to move from energy reliance in just over a decade and emphasizes that moves to address the economic downturn should limit Russia’s long term plans.

12.08.2009, 22:42 1 comment

Excise hike to drive beer lovers to bigger budget contribution

Beer drinkers are facing a sharp price rise, with the government planning to triple excises. But brewers saying higher duties could drive beer lovers to stronger drinks.

Pascal Lamy presents his vision of the WTO for the next four years to the General Council / wto.org 12.08.2009, 22:56 1 comment

Customs Union to make the case for WTO accession

Russia, Belarus and Kazakhstan have formed a single negotiating group to gain accession to the World Trade Organisation. But the newly-formed "Customs Union" may face obstacles.

Government to start grain purchases

Published: 23 October, 2009, 19:17


A state grain trading scheme could commence as early as next week, with a 10 billion Rouble programme aimed at stabilizing prices.

 
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