IKEA sets itself for the long haul in Russia
Published: 20 May, 2009, 10:46
Per Kaufmann, the Head of IKEA Russia, spoke with RT about the homeware giants response in Russia to the economic downturn, and its longer term plans for Russia.
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Gazprom and Eni of Italy have agreed to more than double the capacity of the South Stream pipeline, and several European countries have signed agreements of their own with the Russian gas giant.
Russia has signed deals that could see the South Stream project pumping gas to Europe in six years' time. State controlled energy giant Gazprom has closed initial transit deals with Greece, Bulgaria, Serbia and Italy.
Russian energy producer, Novatek, has posted a 1Q 2009 Net profit of 2.134 billion Roubles under IFRS.
09.05.2009, 11:31
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Russia's elite rental market has slumped about 30% since Novermber, marking a return to earth for Moscows once notoriously overpriced elite rental rates.
14.10.2009, 21:58
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Small and mid-size businesses in Russia generate about 15% of national income - compared with 80% in the U.S. But some foreign entrepreneurs have started businesses in Russia and achieved success - despite the crisis.
25.06.2010, 18:18
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Dominico Dolce and Stefano Gabbana are in Moscow to open their biggest brand boutique in the world as part of the company's 25th anniversary.
Staples, the worlds largest office products company, has announced a new strategic alliance with leading Russian office products suppliers, Pragmatic Express.
An appeal by major Vimplecom shareholder, Telenor, against $1.7 billion in damages it had been ordered to pay the Russian mobile operator has been adjourned until 2010.
At talks in Moscow with President Medvedev on Monday, Barack Obama will ask Russia to remove trade barriers, but RT met one US businessman making the current environment work.
12.02.2010, 19:38
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Russia is renovating its railroads and sea ports - all part of plan to bypass transit countries when exporting energy products. That means neighbours like Estonia are looking to move from stable cashflows.
Published: 20 May, 2009, 10:46
Per Kaufmann, the Head of IKEA Russia, spoke with RT about the homeware giants response in Russia to the economic downturn, and its longer term plans for Russia.
.....treat the Swedes right. IKEA is the right IDEA for Russia. IKEA has so much appeal, it crosses all cultures and peoples. Get them their permits, and get out of their way. IKEA is the right IDEA for Russia Today.