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06.03.2009, 18:13

Ongoing Ukraine malaise adds to upside of gas alternatives

Gazprom confirmed this week that Naftogaz has paid for February gas supplies, But analysts say economic and political instability in Ukraine could see more payment issues arise over the longer term.

06.03.2009, 16:07

Rusal reaches short term deal with creditors

Russia’s largest aluminium producer, Rusal, has signed a standstill agreement with international lenders relating to the restructuring of its debts, gaining at least 2 months for the debt burdened company.

06.03.2009, 12:55

Standard Bank buys into Troika Dialog

South Africa’s Standard Bank will purchase a 33% stake in Russian investment bank, Troika Dialog.

07.05.2009, 22:43 1 comment

Swine flu meat bans could add to inflation pressure

The Swine flu outbreak in Mexico has spread to several countries, including the United States and Europe. That forced the Russian authorities to ban meat imports from several countries.

12.08.2009, 22:42 1 comment

Excise hike to drive beer lovers to bigger budget contribution

Beer drinkers are facing a sharp price rise, with the government planning to triple excises. But brewers saying higher duties could drive beer lovers to stronger drinks.

24.12.2009, 19:11 1 comment

The Russian retail year in review and outlook: El Dorado

2009 has been a tough year for Russian retailers with the economic downturn trimming demand. RT Business spoke with Anton Panteleyev, PR Manager at white good retailer, El Dorado, about the year and the outlook.

10.08.2010, 21:50 1 comment

New 1000 Rouble note to make life tough for counterfeiters

Russia's Central Bank is introducing a revised version of the 1 thousand rouble banknote, in response to significant amounts of fraud involving the current version.

25.05.2010, 11:43

CenterTelecom posts FY 2009 net profit of 5.868 billion Roubles

Fixed line provider, CenterTelecom, has published a FY 2009 net profit of 5.868 billion Roubles under IFRS.

04.05.2010, 11:15

Advertising recovery underway

The Russian advertising sector is showing signs of a turnaround after taking a battering during the economic downturn.

28.05.2009, 15:31

VimpelCom posts 1Q 2009 Net Loss of 8.5 billion Roubles

Russian mobile operator, VimpelCom, has posted a 1Q 2009 Net loss of 8.5 billion Roubles under U.S. GAAP.

Restaurants shape up as customers dine elsewhere

Published: 06 March, 2009, 19:55


One of Russia's biggest restaurant chains, Rosinter, expects revenue to drop 10% this year, and may close up to 4% of its restaurants in the face of a deteriorating market that is forcing owners to cut costs or opt out.

 
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