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breakingnews
11.02.2009, 21:00
One of the effects of worsening economic conditions is that consumers focus more on price, and less on brand names and marketing. That’s seeing Russian producers get the chance to win back the trust of consumers.
19.02.2009, 12:06
The ranks of Russia’s unemployed swelled by 300 thousand in January, according to figures released by the Federal Statistics Service.
08.11.2009, 19:47
Video games sales in Russia have defied the economic downturn over the last year to post increases, despite difficult download speeds and transportation issues for discs.
03.05.2010, 09:08
4 comments
Russia's fast food market has shown huge growth over the past decade, with international and local players alike reaping in the benefits. Some local expats have come to the market looking to take a seat at the table.
30.07.2009, 11:54
Even during an economic downturn, Russians haven’t abandoned their sweet tooth, with sales of sweets and chocolates holding up surprisingly well.
01.07.2009, 22:57
2 comments
400,000 school and university students graduate this week. Many will go straight into the ranks of the unemployed. The head of the national jobs agency warned RT now is the worst time for young people to look for work.
16.02.2009, 10:24
The current financial crisis has prompted speculation about the future of consolidation in Russia's mobile telecommunications market, with several local operators recently acquiring retail outlets and internet companies.
18.06.2010, 15:04
1 comment
Russian dairy producer, Unimilk, and French and leading global dairy producer, Danone, have agreed to merge their Russian, Ukraine, Kazakhstan and Belarus operations.
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.
Published: 05 March, 2010, 10:48
Edited: 05 March, 2010, 23:36
This week has seen a new trade law come into force. It regulates retailers and suppliers in an attempt to make their relationship more transparent and prices lower. Insiders say the effect may be the opposite.
Russian market is almost criminal in how they over charge us on pricing. One instance, I am looking for a Logitech G27 driving wheel for my computer. In the European and American markets it costs 200$, but in Russia the cheapest it can be found is 500$!!!!!!! There is no excuse for this type of price gouging. It is like that on everything. Quality is questionable too! We are the lowest paid/highest educated, yet we live like we are an undeveloped slave labor society. 2 years no pay increases, taxes increase, transportation, and products... TERRIBLE!!!