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Russian Business and Law News


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30.06.2008 14:05

Russian gas monopolist Gazprom took the fourth place in the ranking of world 500 biggest corporations made by The Financial Times.


30.06.2008 12:26

The London Stock Exchange and Lehman Brothers establish a Pan-European trading platform Baikal, named after the world deepest lake.


27.06.2008 15:22

Bank of Cyprus takes over Russian Uniastrum Bank for $576 million. It has become known that two key shareholders of the Russian bank will hold 10% of the stake each.


27.06.2008 10:20

Every second Russian citizen believes introduction of ration cards for food can make the life of the poorest better. At this, 22% of the respondents are absolutely sure that ration cards are urgently needed.


26.06.2008 17:10

Rusian steel giant Severstal announced it has reached an agreement on acquisition of Esmark Inc., one of the fastest growing steel services companies in the world, for $1.25 billion.


26.06.2008 15:08

The first Kika store will open in December of 2008, and then the company plans to launch a network of 15 stores in Moscow, Yekaterinburg, Rostov-on-Don, Tyumen and other Russian cities.


25.06.2008 17:49

Yesterday Italian architect Dr. David Fisher announced two first buildings in motion to be constructed within two years, one of them in Moscow.


25.06.2008 11:41

Russians have bought up 30% of all apartments in Marina 101 Project in Dubai, the head of BuyDubai Investment Company reported on Monday.


24.06.2008 14:18

French Company LOreal and the authorities of the Kaluga Region, Russia, signed an agreement on construction of a cosmetics factory. The expected volume of investments is 45 million EUR.


24.06.2008 12:34

LUKoil and ERG S.p.A. based in Italy signed an agreement on creation of a joint venture to operate the ISAB refinery located in Sicilia.


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