Leading the move towards creating an innovative economy became tougher for Rusnano as investment capital began drying up. But the state run engine of local innovation is looking at diversifying its sources of finance.
European transport giants Alstom and Siemens say they are ready to start producing train locomotives in Russia, with Russian railways signing cooperation agreements at the 4th International Railway Business Forum.
Russia has been warning of the possibility of a yet another gas crisis as Ukraine is again facing problems with gas payments, and is calling on Europe to give it a hand and jointly lend the to the transit country.
Russian producers are stepping up their efforts to sell to local supermarkets. First quarter results show food retailers are doing well, But producers say they can't get a foot in the door without state help.