United Confectionary defies the gloom as Russians take to caramel
Published: 06 February, 2009, 17:25
Russia’s economic downturn isn’t hitting United Confectionary. Its looking to boost revenues by 45% this year to 45 Billion Roubles.
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The Russia government says it will not nationalize private banks to help them through the crisis. Instead it plans to give them $9 Billion in subordinated loans and expect banks to restart credit activity.
The Russian government is to provide 400 Billion Roubles – about $11 Billion – in additional funding for Russian state and private banks.
The Rouble briefly slipped below the Central bank's trading limit of 41 to the dollar-euro currency basket at around 1300 Moscow time on Thursday.
04.03.2009, 17:40
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The first Sukhoi SuperJet 100 regional airliner will be delivered to Russia’s Aeroflot by December 2009, with the company already having orders for 98 of the aircraft.
Press reports suggesting that a key Metalloinvest shareholder is looking to sell a 20% stake in the company have market watchers looking to existing shareholders or international investors as the likely buyer.
Scientists at Dubna, Russia's Silicon Valley, have developed a unique technology to treat the world's biggest killer – heart disease. But the government's only starting to help bring such products to the market.
Competition in the Russian iced tea market is expected to get tougher with Lipton and Nestea likely to be facing competition from popular U.S. based brand, AriZona Iced Tea
27.11.2009, 16:31
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A two day visit to Paris by Prime Minister Vladimir Putin has seen the announcement of agreements strengthening Russian-French business, with Renault commitment to Avtovaz, and EDF joining South Stream.
14.09.2009, 10:36
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The Russian government is trying to revive the domestic pharmaceutical industry with calls to reduce reliance on imports.
23.07.2010, 21:44
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The Farnborough international air show ended with $47 billion worth of deals with many believing this year's event marked the recovery of the civil aircraft industry.
Published: 06 February, 2009, 17:25
Russia’s economic downturn isn’t hitting United Confectionary. Its looking to boost revenues by 45% this year to 45 Billion Roubles.