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06.02.2009, 12:40

Support comes for banks amidst worries it is fuelling currency speculation

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.

05.02.2009, 17:22

Russian Government unveils more funds for banks

The Russian government is to provide 400 Billion Roubles – about $11 Billion – in additional funding for Russian state and private banks.

05.02.2009, 17:07

Rouble reaches Central Bank's limit

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.

Sukhoi SuperJet 100 04.03.2009, 17:40 1 comment

Sukhoi SuperJet 100 ready for delivery this year

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.

26.10.2010, 15:46

Metalloinvest stake reportedly on the block

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.

16.03.2009, 10:38

World class scientific centre needs business acumen for new products

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.

09.08.2010, 16:36

Iced tea market to toughen up

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

Vladimir Putin give a press conference on November 27, 2009 (AFP Photo / Fred Dufour) 27.11.2009, 16:31 6 comments

Putin Paris visit brings upside for South Stream and Avtovaz

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 3 comments

Ailing pharmaceuticals producers look for state support

The Russian government is trying to revive the domestic pharmaceutical industry with calls to reduce reliance on imports.

Sukhoi Superjet 100 (Photo from http://sukhoi.superjet100.com) 23.07.2010, 21:44 3 comments

Russian planemakers cash in at Farnborough

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.

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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