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AFP Photo / Sergey Mikheyev / Kommersant / Russia out 12.10.2009, 16:52

Avtovaz posts 1H 2009 Net Loss of 19.3 billion Roubles

Russia’s largest domestic carmaker, Avtovaz, has posted a 1H 2009 Net Loss of 19 billion Roubles under IFRS.

12.10.2009, 12:19 2 comments

Medvedev says budget deficit will be reigned in as soon as possible

Russian President, Dmitry Medvedev, calls for the economy to move from energy reliance in just over a decade and emphasizes that moves to address the economic downturn should limit Russia’s long term plans.

10.10.2009, 08:34 1 comment

Iran looks to join Nabucco axis

Iran says it will supply half the capacity for the Nabucco international gas pipeline. It will invite foreign firms to overhaul its decrepit gas infrastructure, but Nabucco's key shareholder says that will not be enough.

From left: Sergei Sobyanin, Prime Minister Vladimir Putin, President Dmitry Medvedev (RIA Novosti / Alexsey Druginyn) 21.10.2010, 11:13

New Moscow mayor to have business upside

The nomination of Sergey Sobyanin as Moscow Mayor, who is seen as having close ties to President Medvedev and Prime Minister Putin, has been greeted with optimism by the capital's business community.

Dmitry Medvedev (R) and Arnold Schwarzenegger (RIA Novosti / Mikhail Klimentyev) 11.10.2010, 18:45 29 comments

Russia can learn from America – Medvedev

Russia can learn from Americans how to tackle corruption and turn new products into money, President Medvedev has said at a meeting with the US businessmen delegation led by Californian governor Schwarzenegger.

29.10.2009, 16:11 4 comments

Russian toll roads shift into overtaking lane

Plans to construct toll roads, improving driving conditions and bolstering the economy, have gained recent attention with supportive comments from Prime Minister Vladimir Putin providing extra traction.

25.06.2009, 10:23 5 comments

World Bank says Russian liquor and tobacco taxes should rise as poverty jumps

The World Banks says the economic crisis is boosting poverty in Russia, with the number expected to increase by 5% this year to 17% of the population.

10.06.2010, 17:42 4 comments

Russian companies facing bankruptcy

About one third of Russian firms lost money in the first quarter this year. Many are trying to negotiate new loans, but the slow economic recovery means covering interest payments is tough.

10.07.2009, 19:19 2 comments

John Deere ploughs ground for the longer term

The world's biggest farm machinery producer John Deere said this week Russia’s protectionist measures make the company more cautious with its investment into the country.

16.02.2010, 10:58 3 comments

Russia to get western quality roads

First Deputy Prime Minister Sergey Ivanov has told RT that Russia will get - quote “Western quality” roads starting this year, but drivers will have to PAY to use them.

Russia’s Far East seizes the moment ahead of APEC

Published: 12 October, 2009, 18:57


Russia's Far East could attract $100 Billion dollars of investment with Vladivostok hosting the Asia Pacific Economic Cooperation Summit in 2012. Spending on the summit has already boosted the economy of the region.

 
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