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31.08.2010, 16:29

Integra posts 1H 2010 $30.4 million net loss

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RIA Novosti / Iliya Pitalev, STF 31.08.2010, 14:09

Rusal posts 1H 2010 net profit of $1.3 million

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RIA Novosti / Igor Zarembo, STF 31.08.2010, 11:49 1 comment

Lukoil posts 1H 2010 net profit of $4 billion

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01.10.2010, 16:52 4 comments

Russia and US reach agreement on WTO accession

Russian Finance Minister, Aleksey Kudrin says that Russia and the United States have settled all outstanding issues relating to Russia’s bid to join the WTO.

RIA Novosti / Sergey Guneev 27.08.2010, 12:10 3 comments

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15.09.2010, 11:47 2 comments

Long wait on WTO accession nears close

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10.09.2010, 13:02 1 comment

Global grain producers cash in on Russia’s export exit

America's grain exporters are expected to raise their forecast for full-year exports to 36 million tons, after Russia stopped grain supplies to other countries on August 15, 2010.

22.09.2010, 17:25 1 comment

Automaking gains boost with two new plants

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28.09.2010, 12:23

Minister flags long term agriculture subsidy cuts

Russia is trying to accelerate its accession to World Trade Organization, with Russian Agriculture Minister Elena Skrynnik promising to reduce governmental support by half.

RIA Novosti / Mikhail Fomichev, STF 12.10.2010, 15:47

Mail.ru ready for London listing

Russian Internet company, Mail.ru Group, is seeking to list on the London Stock Exchange this year, with both the company’s chiefs and analysts expecting a positive reception.

Russian auto industry under threat by foreign carmakers

Published: 01 September, 2010, 11:55
Edited: 16 October, 2010, 14:08


RIA Novosti / Grigoriy Sisoev

Foreign carmakers at the Moscow International Motor Show have tipped Russia to drive their sales out of the economic downturn. However, observers warn success will come at the expense of domestic brands.

 
3 COMMENTS
Artyom September 01, 2010, 13:35 quote
0

I am not impressed with Avtovaz's new car and the Sibir is just an old American design rebranded and assembled here. Russia needs to build a quality car in the 20.000$ range and have it be worth its value in quality. Why? Russians are demanding more luxury and Western vehicles are delivering. Avtovaz sells a Kalina sport for almost the same price as a similar looking Ford Fiesta. When you sit inside both cars, the interior of the Ford is much more comfortable and extravagant. What choice do you think a consumer will make? Avtovaz needs to consider this and make not only cheap models, but ones that match the modern competition.

Enrique September 02, 2010, 16:52 quote
0

Spáin´s SEAT was bought by VW and it has survived. Cezch´s SKODA was bought by VW and it survived. NISSAN was bought by REANULT and it survived...so probably AUTOVAZ will be bought by RENAULT (which already hold over 20% of Autovaz´s shares) or by other carmakers which have the necessary technology and World size. What is important is that car production in Russia reaches over 3 million cars a year, something similar to Brazil, South Korea or Spain. That means doubling the present car manufacturing in the Russian Federation during the next five years.

Robert October 16, 2010, 09:29 quote
0

Make cars at American standards and sell them in America(we'll buy anything that's different or new)at American prices,and use the income from that to upgrade cars made in and for Russia.If it had quality,I'd buy a car with a Russian brand just to be different.

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