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Russian Business and Law News


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14.09.2009 23:26

Olympic Village Marina is the first object of this kind in Russia, so, no wonder, the Russian developers preferred to attract a world-known operator to run the project.


14.09.2009 18:48

After completing a transaction on acquisition of a 55% stake in Opel from GM the consortium of Sberbank and Magna is planning to lay off approximately 10 500 employees.


8.09.2009 21:24

Russia appeared to be a country that benefited from the cut in output announced by the OPEC member states it has grown its share of the market to become the world leading oil exporter.


8.09.2009 17:48

Lukoil, Russia's largest oil company, has announced intention to build an alternative oil pipeline from Kharyaga oil deposit to Varandey terminal located in the Nenets autonomous area.


7.09.2009 20:54

A pool of Russian investors acquired a land plot of 400 ha located 70 kilometers away from Nice and 8 kilometers away from the town of Entrevaux. The businessmen plan to build a private resort town


4.09.2009 13:33

Yesterday General Motors Avto started mass production of Chevrolet Cruze cars at its plant under St Petersburg.


3.09.2009 08:16

Collective Brands, an American footwear retailer, is prepared to introduce Payless ShoesSourse chain to the Russian market.


2.09.2009 15:03

Lukoil has completed the acquisition of a 45% stake in Total Raffinaderijj Nederland (TRN), an oil refinery plant based in Holland, from French Total


2.09.2009 15:17

The board of directors of Deere & Co., the leading manufacture of agricultural machinery based in Illinois, the USA, approved the idea of building a machinery and parts factory in the Moscow Region.


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