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11.08.2009, 20:17 2 comments

Russian economy slumps further in 2Q

2Q data showed Russia's economy is contracting rapidly - while other emerging markets are recovering. The President says its time to change the economic structure, while analysts look for more infrastructure spending.

11.08.2009, 16:12

MTS posts 2Q 2009 Net Income of $563 million

Russian mobile operator, Mobile TeleSystems (MTS), has posted a 2Q 2009 net income of $563 million under U.S. GAAP.

10.08.2009, 22:02 2 comments

Superjet set to muscle into Russian aviation

Russia's new Superjet passenger plane is likely to be one of the stars of the Moscow air show which starts next week. The government hopes its appearance will earn more orders from foreign as well as Russian airlines.

12.04.2010, 14:18 1 comment

Kalina posts FY 2009 net profit of 415 million roubles

Russian cosmetics and perfumery producer, Kalina, has posted a FY 2009 of 415 billion roubles under IFRS.

Image from dic.academic.ru 17.05.2010, 13:26

Magnit posts 1Q 2010 net profit of $64.58 million

Russian retailer, Magnit, has posted a 1Q 2010 net profit of $64.58 million under IFRS.

28.05.2009, 11:40

X5 posts 1Q Net Loss of $82.1 million

Russia's largest retailer, X5 Retail Group, has posted a 1Q 2009 Net Loss of $82.1 million under IFRS.

27.08.2009, 11:34

X5 posts 1H 2009 Net Income of $48.3 million

X5 Group, Russia's largest retailer, has posted a 1H 2009 Net income of $48.3 million under IFRS.

27.08.2009, 12:32

Comstar UTS posts 1H 2009 Net Income of $42.6 million

Russian communications conglomerate, Comstar – UTS, has posted a 1H 2009 Net Income of $42.6 million under U.S. GAAP.

09.12.2009, 12:29

Magnit posts 9M 2009 Net income of 5.862 billion roubles

Major Russian discount retailer, Magnit, has posted a 9M 2009 Net Profit of 5.862 billion roubles under IFRS.

21.09.2010, 13:07

LSR Group posts 1H 2010 net loss of 675 million roubles

Russian properly developer, LSR Group, has posted a 1H 2010 net loss of 675 million roubles under IFRS.

Quad play sees MTS deal for Comstar

Published: 11 August, 2009, 23:04


Mobile operator MTS will acquire broadband company Comstar in what the industry calls a ‘quad play’ move, bringing its customers bundled broadband, fixed and mobile communications, as well as content.

 
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