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25.06.2009, 09:59

Total signs up for Yamal gas project

Europe's largest refiner, Total, will help develop a gas field in Russia's Arctic, and build a liquified gas plant. It will also buy a 49% stake in a subsidiary of Russia's independent gas producer Novatek.

24.06.2009, 14:39

Novorossiysk Commercial Sea Port Group posts 1Q 2009 Net Profit of $33.7 million

Russia’s largest port operator, Novorossiysk Commercial Sea Port, has posted a 1Q 2009 Net Profit of $33.7 million under IFRS.

23.06.2009, 14:20

Making the Rouble a new regional reserve

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16.08.2010, 18:36

Time to focus on savings

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19.05.2010, 11:44 4 comments

Russia looking to avoid worst of economic downturn

A volatile Eurozone sees Russia with almost no exposure to national debt, but with markets pricing in a wider contagion, Russia would be affected by a return to recession.

15.01.2010, 11:56 2 comments

End of U.S. poultry imports leaves onus domestic producers

Russia will end poultry imports from the USA as of January 19 due to health concerns, with Prime Minister Vladimir Putin saying local producers can fill domestic demand and even start exporting poultry within 4 years.

09.02.2010, 17:03 2 comments

President looks for financial markets to underpin economic development

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15.12.2009, 22:29 1 comment

Ukraine waits on IMF bailout funds

Debt-laden Ukraine is waiting for an answer from the International Monetary Fund. The country has asked the lender to release the final, $2 billion dollar tranche of a massive bailout loan.

25.01.2010, 11:40 1 comment

Wine sellers furious over sudden change in customs legislation

Wine merchants in Russia could lose $400 million in 1Q 2010, after the customs service changed their import duties, driving up business costs by as much as 30%.

18.03.2010, 11:05 1 comment

Russia to power into global carbon trading market

Russia could gain 10% of the global carbon trading market in the next 3-4 years. But the need to invest in environmental projects and a forest of red tape is slowing he process.

PM’s supermarket visit puts spotlight on rising prices

Published: 25 June, 2009, 10:37


The state may soon control retail prices in Russia. A new legislation on retail business in Russia is to take its final shape in 10 days.

 
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