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breakingnews
30.07.2009, 10:01
2 comments
Russia’s biggest car maker, Avtovaz, has denied media reports that it plans to cut more than 27 thousand jobs. However the company has been struggling with falling demand, and is facing problems debt with debt.
29.07.2009, 22:38
Russian Railways is considering leasing out some of its railway lines for the first time, with many seeing the proposal as indication of the rail monopoly’s need for cash.
29.07.2009, 12:15
The first mutual fund offering investment in art may soon appear in Russia, but investors looking to diversify their portfolios won’t need to be art collectors.
15.01.2010, 14:32
1 comment
Russia’s largest zinc producer, Chelyabinsk Zinc Plant, has elected a new board of directors.
19.02.2009, 13:02
Russia’s largest brewer, Baltika, has posted a Net profit for 2008 of 15.5 Billion Roubles under IFRS.
01.07.2010, 12:57
The June survey of Russian purchasing managers from VTB Capital has revealed the fastest manufacturing growth since April 2008 on the back of growing new orders.
02.08.2010, 11:42
VTB Capital has released the results of its July Purchasing Managers Index showing the seventh successive month of expansion and marking the highest growth since April 2008.
05.03.2010, 10:48
1 comment
This week has seen a new trade law come into force. It regulates retailers and suppliers in an attempt to make their relationship more transparent and prices lower. Insiders say the effect may be the opposite.
12.03.2010, 14:39
5 comments
Russia's budget deficit in January and February reached $6.6 billion, according to the Finance Ministry. The government hopes to limit the annual deficit to about 7% in 2010 and fill the gap between income and spending.
20.02.2009, 17:58
4 comments
The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
Published: 30 July, 2009, 11:54
Even during an economic downturn, Russians haven’t abandoned their sweet tooth, with sales of sweets and chocolates holding up surprisingly well.
