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18.03.2009, 16:20

Wimm-Bill-Dann posts FY 2008 Net Profit of $101.7 million

Wimm-Bill-Dann, a leading Russian producer of dairy foods, baby foods, and non alcoholic drinks, has posted a FY 2008 Net profit of $101.7 million under U.S. GAAP.

18.03.2009, 12:06

Home Credit & Finance Bank boosts net profit 85% for FY 2008

Leading Russian consumer lender, Home Credit & Finance Bank, has posted a Net Profit for FY 2008 of 3.659 billion Roubles under IFRS.

18.03.2009, 10:22

Global carmakers in Russia prepare for the longer haul

One of Russia’s main economic zones, the Kaluga region, plans to attract $500 million of foreign investment this year, less than a third of its 2008 total, as the key carmaking industry slows.

Image from south-stream.info 14.10.2010, 11:24 1 comment

South Stream proving a bonus for Turkey

Gazprom is currently negotiating with Romania over its participation in the South Stream gas project, with Bulgaria pushing hard, but for Turkey it’s a case of the more gas projects the better.

06.11.2009, 14:38 1 comment

Scandinavian Nord Stream approvals bring construction closer

Russia is a step closer to bypassing disputes involving gas transit nations with Nord Stream, after key approvals were granted by Sweden and Finland on Thursday.

23.10.2009, 21:01 1 comment

South Stream pushes to join there here and now

South Stream is moving away from the drawing board, with handshakes this week in Milan Belgrade and Saint Petersburg, underlining its approaching reality.

28.04.2009, 21:29

Final OK for South Stream in Bulgaria within 2 weeks

Russia and Bulgaria will sign the final contract to build South Stream across Bulgarian territory within a fortnight. The deal overcomes tensions between the two, including the fee Bulgaria will earn for gas transit.

14.05.2009, 17:27

South Stream agreement on the menu as Italian leadership comes to Sochi

Italian Prime Minister Silvio Berlusconi and ENI's CEO will meet Russian officials in Sochi on Friday over the South Stream pipeline project. An agreement is expected but several issues remain unresolved.

25.03.2010, 13:16 3 comments

Russian Silicon Valley needs global players

Russia’s new Silicon Valley needs both support from Government and young scientists to become successful, say Russian and international analysts.

11.04.2009, 04:31 1 comment

Move astern! Kiev makes peace with Moscow over gas pipelines

Russia and Ukraine have overcome differences regarding Russia’s participation in the modernization of Ukraine’s gas transportation system.

Nabucco doubts have upside for Nord Stream and South Stream

Published: 18 March, 2009, 21:50


The EU commission has excluded the Nabucco pipeline from its list of priority projects. The change in mood by the European Union may speed up the construction of South and Nord stream pipelines.

 
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