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02.07.2009, 12:49

Avtovaz posts FY 2008 Net Loss of 24.7 billion Roubles

Russian automobile maker, Avtovaz, has posted a FY 2008 Net Loss of 24.7 billion Roubles under IFRS.

02.07.2009, 11:48

Gazprombank posts 1Q 2009 Net Profit of 16.6 billion Roubles

Gazprombank, has posted a 1Q 2009 Net Profit of 16.6 billion Roubles under IFRS.

01.07.2009, 22:57 2 comments

University leavers graduate to the unemployed queues

400,000 school and university students graduate this week. Many will go straight into the ranks of the unemployed. The head of the national jobs agency warned RT now is the worst time for young people to look for work.

19.03.2010, 13:31 6 comments

Russian ‘Silicon Valley’ to be built near Moscow

President Medevev has announced during a speech to young scientists that Russia is to build its equivalent of Silicon Valley in the village of Skolkovo near Moscow.

image by flickr user d2tone382000 10.06.2010, 13:20 2 comments

Vodka, cigarettes may get tax hike

The Russian Finance Ministry is proposing new taxes on cigarettes and vodka with some analysts fearing that it could lead to a significant increase in counterfeit goods.

19.10.2009, 20:28 1 comment

Avtovaz losses bring bankruptcy talk to the surface

Mounting losses at Avtovaz, have stakeholders muttering about stemming the losses and bankruptcy, as the company races against time to rev up its range, slash employees, and service crippling debts.

27.08.2009, 15:12 1 comment

Yokohama Rubber and Itochu sign up for tyre plant in Lipetsk region

Japan’s Yokohama Rubber and Itochu Corporation have agreed to build a 4.8 billion rouble tyre plant in the Lipetsk region.

Photo Igor Spanholi 08.06.2010, 17:11 1 comment

Productivity the key to farming self sufficiency

Speaking with Business RT, Dr Frank Schauff, head of the Association of European Business in Russia, said that efforts to promote agricultural self sufficiency in Russia could learn from the European experience.

Russian Prime Minister Vladimir Putin speaks at the opening of a Nissan plant on the outskirts of St. Petersburg on June 2, 2009 (AFP Photo / RIA Novosti / Pool / Alexey Druzhinin) 02.06.2009, 16:07 1 comment

Nissan unveils new St Petersburg plant

Japanese carmaker Nissan has opened its first production plant near Russia's St. Petersburg.

22.06.2010, 14:04 1 comment

Coors beer coming to Russia

American-Canadian beer company, Molson Coors Brewing Company, has signed Moscow brewing company to bottle the Coors Light brand in Russia, reports Kommersant.

Unilever looks to cash in on Russian ice cream demand

Published: 02 July, 2009, 18:08


Global household and grocery goods producer, Unilever, is spending $140 million to build Russia’s largest ice cream plant.

 
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