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breakingnews
01.04.2009, 10:24
Russian retailer, Magnit, has posted a FY 2008 Net profit of $187.9 million under IFRS.
31.12.2009, 10:45
Many companies in Russia are not holding holiday parties at all for the second year running, and event specialists say those that are celebrating are scaling down.
30.07.2010, 16:55
Russian pharmaceutical chain, Pharmacy 36.6, has posted a 1Q 2010 net loss of 162 million roubles under IFRS.
16.02.2009, 14:51
Russian retailer, Magnit, says it will open about 400 new convenience stores and 6 hypermarkets in 2009.
10.04.2009, 19:49
The financial crisis has hit some of Russia's leading sport clubs as they lose sponsors. Teams are now looking for other financing opportunities.
04.05.2009, 10:47
Along with banking and the financial sector, Russia's insurance market has been hard hit by the downturn. Experts say they expect a massive consolidation in the sector.
13.05.2009, 16:09
Russian mobile operator, VimpelCom, has posted a FY 2008 Net Income of $524 million under U.S. GAAP.
25.05.2009, 10:40
While Russia’s economy is contracting at the fastest pace in 15 years, the slowdown may actually provide a window of opportunity for both existing and new businesses.
02.06.2009, 09:52
Russia will create one of the world's largest telecoms firms by bringing together the largest national operator with regional providers. But experts warn the deal will leave minority shareholders out in the cold.
18.06.2009, 11:39
Russian fixed line telecom provider, Rostelecom, has posted a FY 2008 Net profit of 12.2 billion Roubles under IFRS.
Published: 19 February, 2010, 13:53
Edited: 12 May, 2010, 16:49
Japanse internet bank, SBI Holdings, is set to purchase a controling stake in Russian Obibank, owned by IFC Metropol, to develop high-tech internet banking.
The recent banking reforms are a total waste of time and will not change the economy. The credit crisis goes way deeper than we think. Most of the blogs on bank index are saying that the latest reforms will not help us by one dollar.