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breakingnews
25.08.2009, 16:09
Foreign direct investment into Russia in 1H 2009 plummeted 45% year on year to $6.1 billion, with overall foreign investment, including loans and securities flows down 30.9 % to $32.2 billion according to Rosstat data.
25.08.2009, 11:37
5 comments
As the world’s largest producer of gas, and one of the worlds major producers of oil and coal, Russia isn’t generally seen as being at the forefront of the global thrust towards greater use of renewable energy sources.
24.08.2009, 19:48
1 comment
The country's biggest developer - Mirax Group - is fighting to keep its cranes running after legal proceedings have seized its assets.
21.08.2009, 16:11
1 comment
Russia is in the middle of a horse racing boom, with the number of horse racing clubs in the Moscow region tripling over the last 5 years.
16.07.2010, 17:54
1 comment
This years drought is focusing concern on Russian agriculture, with crop forecasts being slashed, but meteorologists say climate change could make them a common occurrence.
29.05.2009, 12:23
Russian Railways has lost its monopoly on Russian cargo shipments. The company’s market share has fallen to 49% in the first quarter of the year.
31.07.2009, 14:31
President Medvedev of Russia and President Rahmon of Tajikistan have opened a new hydro-electric plant in the Pamir mountains, which will make the Central Asian state self sufficient in electricity.
10.09.2009, 15:05
Russian businessmen have defied the crisis by splashing out huge sums on luxury golf courses this year. Tycoons have already pumped half a billion dollars into the golf industry in the first 8 months of 2009.
05.10.2009, 06:50
Russia will soon start using oil as raw material, which will later be converted into synthetic fibre for its textile industry. The first contract was signed at the Fourth Textile Industry Forum in Ivanovo.
16.10.2009, 23:55
Russia's maritime watchdog wants to encourage a northern sea route opening up between the Atlantic and Pacific Oceans, as polar researchers reveal Arctic ice is melting faster than previously thought.
Published: 25 August, 2009, 22:29
Russia’s phosphorus based fertilizer producers have been exposed to a sharp global downturn. But the Ammofos plant in Cherepovets is showing that it still turn a profit.
