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Russian Business and Law News


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31.03.2008 16:27

Russias oil and gas reserves are slowly shrinking due to their constable production, says the rector of St. Petersburg Mining Institute Vladimir Litvinenko.


31.03.2008 15:55

VSMPO Avisma, the worlds largest titanium manufacturer, has been recognized as the leading titanium supplier for Airbus.


28.03.2008 13:53

Russian Orthodox businessmen have represented a project called Seven Churches per Day. They are concerned about the lack of Ortjhodox churches in majority of bedroom communities of Moscow, where criminality, drug addiction and alcoholism are spread.


28.03.2008 12:26

Edible snails live in the southern part of the Pskov Region, where they progressively procreate and seriously damage the agriculture.


27.03.2008 15:15

The first upgraded MiG 29 aircraft will soon enter service of the Serbian Air Force. All modification works and restoration airworthy condition is done by Russian Aircraft Corporation MiG.


27.03.2008 14:38

Glavstroy Corporation, a part of Basic Element controlled by Oleg Deripaska, has completed a transaction on acquisition of Fahrni Fassadensysteme AG, a leading provider of technically advanced aluminum-glass façades, from Swiss developer RWD.


26.03.2008 15:25

Today CJSC Infrastructura managed by Roman Abramovich is signing a contract on production of the worlds biggest tunnel boring machine. The 19 m. dia. tunneling shield valued at over 100 million Euros will supposedly be used to implement infrastructure projects in Moscow, St. Petersburg and Sochi.


26.03.2008 14:00

JSC Mechel, one of Russian leading mining and steel-making companies, has made an offer for Oriel Resources shares valued at approximately US$1.498 billion.


25.03.2008 18:37

Russia has forbidden placing adverts on the South Korean astronauts space suit. The South Korean Institute of Aviation and Astronautics planned to cover some part of $26 million expenses by placing the adverts.


25.03.2008 16:03

Three Russian biggest mobile network operators MTS, Vympelkom and Megafon will be listed as strategic companies. Therefore, the Russian Federal Antimonopoly Service will be able to fix their prices.


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