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breakingnews
14.08.2009, 15:29
Russian cosmetics and personal hygiene products producer, Kalina, has posted a 1H 2009 net income of 259 million Roubles under IFRS.
14.08.2009, 12:43
Russian airlines will have to reserve up to a quarter of profit for emergencies like flight cancellations and stranded passengers.
13.08.2009, 23:25
Canadian car parts group Magna, along with Russia's Sberbank, have come up with a revised offer to buy General Motors German subsidiary, Opel, which will now go to GM's board.
03.04.2010, 09:07
1 comment
Russian pawnshops increased lending by 18% last year amid the on-going financial crisis. But it's likely to fall back as banking gets stronger.
09.03.2009, 11:33
1 comment
Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.
21.12.2009, 21:08
Russia’s largest bank, Sberbank, global creidit bureau operator, Experian, and Russian news agency, Interfax, have created a unified credit bureau, enabling more consumer loans and reduced risks for lenders.
30.11.2009, 11:17
Russian retailer, X5 Group, has posted a 3Q 2009 Net profit of $73 million under IFRS.
11.02.2009, 10:36
The Russian government is to slash rents by 60% for small businesses. The news comes as the mayor of Moscow promises not to close SMEs which can't PAY for their premises during the crisis.
26.05.2009, 11:20
The extent to which Moscow real estate prices have subsided since their peak depends largely on what currency buyers and sellers are thinking in terms of, with analysts divided in their views on the outlook.
25.12.2009, 11:52
Russia will create a mammoth post bank that will have twice as many offices as its largest rival – Sberbank – with the country's Post service and the state owned SviazBank being merged.
Published: 14 August, 2009, 17:36
The economic downturn is seeing wealthier Russians ease off on cash transactions to indulge their love of expensive cars, while pushing pedal to the metal with loan applications.
