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03.12.2009, 20:56

Battered SME’s look for government support

The Russian government is pledging more than $300 million in state support for small and medium-size business in 2010. It’s looking for a more diverse and flexible economy, in the wake of the downturn.

03.12.2009, 14:34

Home Credit and Finance Bank posts 9M 2009 Net Profit of 3.09 billion Roubles

Russia’s Home Credit and Finance Bank has posted a 9M 2009 Net Profit of 3.09 billion Roubles under IFRS.

03.12.2009, 14:26

Rusal signs off on $16.8 billion debt restructure

Russian aluminium producer, Rusal, has announced the signing of a comprehensive agreement enabling it to restructure $16.8 billion in debt.

07.05.2009, 22:43 1 comment

Swine flu meat bans could add to inflation pressure

The Swine flu outbreak in Mexico has spread to several countries, including the United States and Europe. That forced the Russian authorities to ban meat imports from several countries.

AFP Photo DDP / David Hecker Germany out 
31.03.2009, 17:58

Russia – German trade looks to brighter future

Doctor Frank Schauff, Chief Executive of the Association of European Businesses in Russia spoke with RT about the significance of Russia German business ties and expectations of the G20 summit in London.

27.04.2009, 10:19

Luxury goods step up despite economic downturn

The head of Estee Lauder says Russian sales are soaring, despite the financial crisis. Some economists expected consumers to go downmarket, but Moscow's top fashion retailer says there's a flight to quality.

19.06.2009, 12:55

WTO accession bid gains more business support

Russia’s government has told the country’s top businessmen that it wants to join the World Trade Organization as soon as possible.

18.07.2009, 13:09

Consumer pessimism creates vicious circle for retailers

The economic downturn is seeing people spending less, but retailers are trying to pep turnover with significant discounts and sales.

02.11.2009, 20:29

.рф to join .كوم and .山羊 as the web moves away from .com

Website addresses will soon be available in the Cyrillic alphabet, after ICANN, the organisation responsible for assigning domain names, agreed in Seoul, Korea, on domain name extensions in non latin alphabets.

PriceWaterhouseCooper 30.12.2009, 14:05

The Russian retail year in review and outlook: PricewaterhouseCoopers, Russia

2009 has been a tough year for Russian retailers with the economic downturn trimming demand. RT spoke with Dale Clark PricewaterhouseCoopers Retail & Consumer Practice Leader, about the year.

The opportunities of an economic downturn

Published: 04 December, 2009, 12:22

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TAGS: Markets, Retail, Russia and the global economy, Economy


The economic downturn can be an opportunity according to Professor Sean Meehan, Dean of External Relations Swiss business school IMD, who says that companies should focus on their core business propositions.

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03.12.2009, 20:56

Battered SME’s look for government support

The Russian government is pledging more than $300 million in state support for small and medium-size business in 2010. It’s looking for a more diverse and flexible economy, in the wake of the downturn.

Baltschug Kempinski hotel (RIA Novosti Photo) 04.12.2009, 18:05

Moscow hotels wait for down market rebound

Moscow’s hotel industry has enjoyed almost 25% growth per year in the last decade, due to growing demand and a lack of quality hotels, but a year after the crisis began, reality is kicking in.