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20.02.2009, 13:32

President focuses on support for credit markets and reshaping economy

Russian President, Dmitry Medvedev, has called for a focus on long term economic projects to diversify and strengthen the economy, while addressing shorter term financing needs of Russian companies.

19.02.2009, 19:44

President and State Council to meet on economic support measures

President Medvedev is in Irkutsk on Friday to hold an extended meeting of the State Council on support for Russia's real economy. The government will pay special attention to the region's aircraft building industry.

19.02.2009, 13:02

Baltika posts FY 2008 Net Profit of 15.5 Billion Roubles

Russia’s largest brewer, Baltika, has posted a Net profit for 2008 of 15.5 Billion Roubles under IFRS.

10.08.2009, 11:08 2 comments

Russian wind power blows in to energy gap

Renewable energy producers are lining up to invest billions of dollars in wind power projects in Russia, though Russian power generation has long been dominated by hydro-carbons, nuclear and hydro-electric schemes.

26.03.2010, 17:31 1 comment

Russia, Botswana seek closer cooperation

Russia became the biggest producer of diamonds in 2009, overtaking Botswana. And while there might be competition for market share, officials from the two countries think there is more space for cooperation.

Gazprom building 15.07.2009, 11:31

Gazprom investment strategy to focus on matching supply with demand

While oil and gas firms spent 10% more on new assets worldwide in the first half of 2009 year on year, Gazprom in Russia sharply reduced its investment plan for the year.

27.07.2009, 11:05

Russia heads for energy efficiency

Russia is launching a programme to halve the country’s energy consumption over the next decade, as European shops face a 2014 deadline for selling only the most energy efficient appliances.

23.09.2009, 23:27

Renewable energy to get Russian kick start

Russia has thrown its weight behind alternative energy sources including wood pulp and water. The government's preparing a range of incentives to attract foreign investors.

29.12.2009, 15:07

Transneft posts 3Q 2009 net profit of 37.73 billion roubles

Russian oil transportation monopoly, Transneft, has posted a 3Q 2009 net profit of 37.74 billion roubles under IFRS.

31.12.2009, 10:58

Russian diamond producer forges through sales downturn

The global economic crisis has seen diamond sales slump dramatically. But Russian producer, Alrosa, has fended off the downturn with sales to the state repository.

Mechel to up South Korean coal deliveries

Published: 20 February, 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.

 
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