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breakingnews
29.09.2009, 13:47
The Central Bank of Russia has cut the refinancing rate by 50 basis points to 10%, as the Finance Minister said Russia is now emerging from recession.
29.09.2009, 12:56
The operator of Russia’s largest seaport, Novorossiysk Commercial Seaport, or NCSP, has posted a 1H 2009 Net Profit of $129 million under IFRS.
29.09.2009, 09:38
1 comment
British businessmen are keen to invest in Russia but remain cautious despite promises of rich rewards. Direct investment in the country from Britain fell by nearly 3% in 2008 and is expected to drop more this year.
12.02.2010, 19:38
11 comments
Russia is renovating its railroads and sea ports - all part of plan to bypass transit countries when exporting energy products. That means neighbours like Estonia are looking to move from stable cashflows.
22.03.2010, 10:45
3 comments
Hi-tech projects are being pushed as part of Russia's economic diversification, but the head of the Russian Venture Company, Igor Agamirzyan, says Russia’s business culture needs to be overhauled.
11.06.2009, 18:06
2 comments
Gazprom says it’s received an offer to buy a stake in Slovenia's largest fuel retailer Petrol while the nation's economy minister refuses to sell it. Last month Russia’s Sberbank bought into Germany’s carmaker Opel.
18.09.2009, 20:06
2 comments
Business and political leaders meeting at the Sochi International Investment Forum have heard that Russia will be looking to encourage greater foreign investment.
17.12.2009, 20:10
2 comments
Russia should shift its focus from oil and gas and begin developing alternative energy. But members of the International Energy forum say innovations will require state investment and social and economic policy changes.
03.07.2009, 16:48
1 comment
Dmitry Medvedev will welcome Barack Obama on his first Presidential visit to Russia, with strategic issues likely to dominate the agenda but economic ties also looking to gain a boost.
18.09.2009, 16:24
1 comment
The U.N. Conference on Trade and Development has released its World Investment Report, placing Russia in 5th position for Foreign Direct Investment inflows over 2007-2008, behind the U.S., France, China, and Britain.
Published: 29 September, 2009, 18:45
Edited: 30 September, 2009, 08:01
Russia and India are looking to double trade volumes between the two nations by 2012 to $20 billion annually, with trade growing despite the turbulent global economy.
We need more focus on BRIC and ROW trade whilst maintaining a balanced EU perspective. Thus developing markets where the ROI is the highest, whilst also keeping a balanced portfolio of managed risk. In other words diversify as much as possible and work for a multi market approach rather than a concentration on trying to improve a european market position, which can be resistive. The world is our maket as a major player, we don't sit inside blocks, we are equall to them and therefore work as an entity in our own right. we offer equitable reciprocal trade to everyone.