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Russia and the global economy

Russian and Turkmen leaders meet on gas
All gas problems between Russia and Turkmenistan have been cleared, according to the President of Turkmenistan, Gurbanguly Berdimuhamedow, who met his Russian counterpart, Dmitry Medvedev, at the weekend.

September 14, 2009 09:02

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.

March 02, 2010 04:02

The benefits for Russia of buying into Opel
By the end of the year, the Russo-Canadian joint venture will reach a deal to take a stake in Opel. But what does the Russian side gain?

September 15, 2009 03:30

Central Asia and Russia: Gas partners
President Dmitry Medvedev heads to the Caspian and Central Asia this weekend for talks with Russia's gas suppliers. Business RT spoke with Mikhail Krutikhin, Partner at Rusenergy about the significance of the links.

September 14, 2009 07:15

PM Putin sees economic stabilization
Prime Minister Vladimir Putin said on Friday that the Russian economy stabilised in June, showing slight growth.

September 11, 2009 13:49

Expo 1520 brings railways and Russia back into focus
International Railway Salon Expo 1520 is taking place in Moscow Region, bringing together all the countries using the 1520 millimeter gauge. They plan to boost demand for wagons, locomotives, and high speed trains.

September 12, 2009 16:31

Magna Sberbank buy in to Opel paves way for resurrection
The Opel Trust, which owns 65% of Opel and has the final say on who will buy the car maker, has approved its sale to Magna-Sberbank, after an earlier vote by General Motors.

September 11, 2009 04:15

GM decides on Magna – Sberbank bid for Opel
GM has announced that the future of its European arm, Germany based Opel, has been decided in favour of the joint bid by Canadian car parts producer Magna and Russia’s Sberbank.

September 11, 2009 03:01

Golf Tees off in Russia
Russian businessmen have defied the crisis by splashing out huge sums on luxury golf courses this year. Tycoons have already pumped half a billion dollars into the golf industry in the first 8 months of 2009.

September 11, 2009 12:30

RAS, IFRS and U.S. GAAP in corporate Russia
Corporate results can be confusing, but when looking at results from Russian companies it is important to know what accounting standard is being used.

September 10, 2009 13:15

MMK posts 2Q 2009 Net Profit of $59 million
Russian Steelmaker, Magnitogorsk Iron and Steel or MMK, has posted a 2Q 2009 Net profit of $59 million under IFRS.

September 10, 2009 10:05

Gazprom to boost Kaliningrad supply through Lithuania
The launch of a new Russian pipeline is set to boost supplies to energy-starved countries in Eastern Europe. Gazprom’s CEO Aleksey Miller met Lithuania's Premier to discuss the deal.

September 10, 2009 09:50