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breakingnews
14.09.2009, 17:41
The Communications Ministry says the Revenues of Russia’s telecommunications services providers increased by more than 8% year on year, with the internet services sector seeing a four fold traffic jump.
14.09.2009, 17:03
Russian potash fertilizer producer, Uralkali, has posted a 1H 2009 Net Profit of 4.46 billion Roubles under IFRS.
14.09.2009, 13:06
A Rusal spokesman has denied that the aluminium giant will list on the Hong Kong Stock Exchange by December, and that bankers for its IPO have been appointed.
28.09.2009, 18:22
4 comments
Funding for Russia’s road networks has been trimmed back from original plans with the government now looking to get increased private investment.
19.11.2009, 20:29
2 comments
Road construction once helped drive the United States out of the great depression. Now the development of toll roads with public private partnerships is helping Russia’s economic rebound.
25.12.2009, 18:28
2 comments
Russian President Dmitry Medvedev chaired his final 2009 meeting on the modernization of Russia's economy, calling for companies to boost their investment in research and attract foreign expertise.
19.05.2010, 13:41
1 comment
The government has raised its financial support of the small and medium size business sector 16 times in the last 5 years and is looking to boost innovative entrepreneurship.
11.01.2010, 12:32
Public private partnerships in road construction are seen by some experts as a solution for an old misery - the notoriously bad Russian roads. But the road ahead isn't getting any easier.
04.06.2009, 12:30
Billions of dollars worth of deals are to be hammered out at an annual forum in Russia's second city. Foreign direct investment and global security will be key discussion points at the St. Petersburg Economic Forum.
15.09.2009, 21:17
The government doesn’t expect electricity demand to return to pre-crisis levels until 2012, but is demanding private power generators start meeting their promises to build new capacity.
Published: 15 September, 2009, 10:18
Greater co-operation between the state and private investors is seen as one of the post-crisis scenarios. But the Russian government says public-private partnerships should focus on socially important projects.
This is definitely way to go. Provided that public-private partnerships are based on good business practices. Unlike in the West, where private-public partnerships usually means the give-away of public capital and other assets to the private sector, with no profit to the taxpayer, I hope that the partnering in Russia will be based on the model that respects public assets, land, resources and each penny of taxpayers' dollars. The state employees' work is also not something to be given away. The normal planning, outreach and promotion business aside, all other direct work for the benefit of a private sector business needs to be charged to the business, and included into the capital resources of the partnership. Good accounts, long love!