Opin Investments posts FY 2008 Net Loss of $61.07 million
Published: 09 July, 2009, 10:39
Russian property developer, Opin Investments, has posted a FY 2008 Net Loss of $61.07 million under IFRS.
breakingnews
Russia and the U.S. currently have a trade turnover of $36 billion. A 35 year old U.S. law aimed at Soviet emigration policy is still holding back that potential, along with the latest twist in Russia's WTO bid.
Russian air flagship, Aeroflot, has posted a FY 2008 Net Profit of $37 million under IFRS.
NLMK claims that protectionist measures in the U.S. economic stimulus package are forcing it to sack American workers, and has taken President Obama’s Moscow visit to raise awareness.
01.06.2009, 22:02
6 comments
The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.
29.09.2009, 20:04
5 comments
Russia is preparing for a new wave of privatization according to Prime Minister Vladimir Putin. The move could help not only improve Russia’s budget outlook, but also its image.
22.01.2010, 17:03
2 comments
A sharp rebound in commodity prices has seen Fitch Ratings move Russia’s credit rating from negative to stable, as PwC says Russia could become the largest European economy in two decades.
11.05.2010, 13:59
4 comments
Business RT spoke with Chris Weafer, Chief Strategist at Uralsib about the decision by Eurozone nations to agree to a €750 billion bailout mechanism to protect the European currency.
25.06.2009, 10:46
3 comments
The economic crisis is changing the structure of Russia's population, boosting the number of poor and cutting the middle class. It's part of the World Bank’s forecast for this year - and it just got more gloomy.
07.05.2010, 15:36
3 comments
The US and Russia are gaining traction on an economic rebound, with China posting rudely healthy 1Q 2010 GDP growth. But its time for Europe to get ready for Recession - the sequel.
07.04.2010, 22:38
3 comments
Improving the investment climate, reforming financial infrastructure, and clarifying the tax regime - these tasks are on Moscow's "to do" list, as it bids to become a global financial center.
Published: 09 July, 2009, 10:39
Russian property developer, Opin Investments, has posted a FY 2008 Net Loss of $61.07 million under IFRS.