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18.09.2009, 18:10

Banking for a better future

With Prime Minister Putin and business leaders meeting at the Sochi International Investment Forum, Business RT spoke with Joerg Bongartz, Chairman of Deutsche Bank Russia, about the Russian economy and finance system.

18.09.2009, 16:24 1 comment

World Investment Report shows Russia moving into 5th position

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.

image from www.lukoil.ru 18.09.2009, 12:56

Lukoil affirms commitment to renewables

Russia’s largest private sector oil producer, Lukoil, has reaffirmed its commitment to increasing the presence of renewable energy in its mix.

Changing standards create Svyazinvest mobile opening through Skylink

Published: 21 September, 2009, 11:34


The State is to enter Russia's mobile telephone market, after announcing the acquisition of operator Skylink, with experts doubting it can get a foothold against the country's Big 3.

 
1 COMMENT
Count Cash September 21, 2009, 12:53 quote
0

There is risks in everything, but the data market, in a country plagued by poor fixed line connections isn't that stupid. The game is access the current customer base, always good for any market, then have these with you as you move to Long Term Evolution (LTE) which will cover convergence, and access to a bigger market. They are actually concentrating on their market. I really don't think they are aiming for circuit switched voice. I think they are going straight after the data market, which is where they are at the moment. Not sure I would put my money on it, but I don't think it is ridiculous either. Let's see what happens, interesting!

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