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breakingnews
23.11.2009, 20:56
A government meeting on Tuesday will discuss a rescue plan for Russia’s beleaguered domestic carmaking industry, with a Boston Consulting Group report saying it needs foreign partners, import protection and $22 billion.
23.11.2009, 14:21
Russia’s largest cosmetics and perfumery producer, Kalina, has posted a 9M 2009 Net Income of $13 million under IFRS.
05.07.2010, 14:11
The economic recovery can’t come soon enough for Russia’s property developers and mortgage issuers with both waiting for signs of a pickup in the market.
22.06.2010, 15:12
1 comment
The recent public disagreement between Sberbank Chief, Herman Gref, and Finance Minister, Aleksey Kudrin, has opened up debate about the effect falling interest rates are having on the banking system.
22.09.2010, 17:37
1 comment
Non Performing Loans continue to be an issue for the Russian banking system but key industry players say the market should be left to handle the problem rather than the creation of a bank for bad assets.
19.10.2010, 13:34
The Bank of Russia says it is expecting a 500 billion rouble net profits in the banking system this year, saying this marks a recovery, but analysts say it doesn’t reflect better fundamentals but technical factors.
12.01.2010, 17:26
Russia’s Accounts Chamber has drafted a report on the expenditure efficiency of 25 billion Rouble in state assistance to Avtovaz, which slams the performance of Russia’s largest carmaker.
10.03.2010, 13:42
Russian car sales have continued to fall sharply over the first 2 months of 2010 according to statistics from the Automakers Committee at the Association of European Businesses
03.11.2009, 18:05
This week will see Finance Minister, Aleksey Kudrin, persuading investors of Russia’s merits as he announces an $18 billion Eurobond issue.
18.01.2010, 17:19
Russia’s largest bank, Sberbank, has cut deposit rates on Rouble deposits to 8.5%, responding to falls in the Central bank of Russia’s refinancing rate and slowing inflation.
Published: 24 November, 2009, 12:22
The Russian real estate sector, having endured a torrid 2009, is slowly starting to firm, with analysts pointing to an improving economic outlook and the return of credit for potential buyers.
