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breakingnews
02.04.2010, 17:33
Russia’s biggest pork producer, and major meat producer, Miratorg, has posted a FY 2009 net income of 2.1 billion Roubles under IFRS.
05.04.2010, 09:34
The use of E-money is becoming more popular in Russia, but as the government begins to call for more regulation, that growth could be stalled.
02.04.2010, 19:09
A bill on micro-lending organisations is to pass the State Duma this week. It is expected to make loans more accessible for small business and individual borrowers in Russia.
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.
21.12.2009, 21:08
Russia’s largest bank, Sberbank, global creidit bureau operator, Experian, and Russian news agency, Interfax, have created a unified credit bureau, enabling more consumer loans and reduced risks for lenders.
30.11.2009, 11:17
Russian retailer, X5 Group, has posted a 3Q 2009 Net profit of $73 million under IFRS.
11.02.2009, 10:36
The Russian government is to slash rents by 60% for small businesses. The news comes as the mayor of Moscow promises not to close SMEs which can't PAY for their premises during the crisis.
26.05.2009, 11:20
The extent to which Moscow real estate prices have subsided since their peak depends largely on what currency buyers and sellers are thinking in terms of, with analysts divided in their views on the outlook.
14.08.2009, 17:36
The economic downturn is seeing wealthier Russians ease off on cash transactions to indulge their love of expensive cars, while pushing pedal to the metal with loan applications.
25.12.2009, 11:52
Russia will create a mammoth post bank that will have twice as many offices as its largest rival – Sberbank – with the country's Post service and the state owned SviazBank being merged.
Published: 03 April, 2010, 09:07
Edited: 04 April, 2010, 05:19
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.
I notice that Russia is taking all American bad habits; mostly regarding business. Pawnshops are border-line crooks and authorized ways to make money on peoples' misery . Russian firms run full speed in the Western stocks markets (New-York, London, Paris, Shangaï etc.) ready to be eaten by the sneaky capitalist system. Forbes publish with great pride the yearly increasing number of Russian billionaires, making many simple citizen dreaming about the greatness of capitalism...Logically the WTO should welcome Russia with open harms; but it does not seem to be in a hurry to do it. WHY ! If relations will turn sour, there will be very little recourse. It seems to me that Russians still have a lot to learn about American ways to do business...Sincerely...Jean-Claude Meslin