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Russian Business and Law News


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29.12.2009 23:29

China Investment Corporation is considering purchase of a stake priced at $300 million in UC Rusal during the upcoming listing of the company on Hong Kong Stock Exchange.


29.12.2009 14:26

The new facility, owned by Russian car maker Sollers, will produce SsangYong 4x4, the renewed model of UAZ and Japanese trucks and vehicles based on Fiat Ducato.


24.12.2009 14:09

EdF, a European energy and electricity supplying company, is ready to let the Russian gas monopolist in the French market in exchange for a share in the South Stream gas pipeline project.


14.12.2009 20:32

Russia's Savings Bank, also known as Sberbank, is ready to undergo a large-scale rebranding including change of its corporate colour and logo, reports the Kommersant newspaper.


11.12.2009 16:48

Renault is going to use its Moscow facilities located at Avtoframos plant to produce Duster 4x4 in addition to Logan and Sandero models, which are already being assembled.


9.12.2009 16:54

The Russians are going to enjoy New Year's holidays for ten days a good chance for many to celebrate them abroad or visit all friends. However, the Russian economy will surely sustain huge losses, about 700 billion rubles, over the holidays.


17.11.2009 00:11

Starting 1 January 2010 the minimum price on a bottle of vodka in Russia will make up 89 rubles this is in line with the new regulations approved by the Russian authorities.


12.11.2009 23:57

The Russian State Duma passed the new law on energy saving implying, by the way, the ban of incandescent light bulbs starting 2014.


20.11.2009 23:04

The amount of foreign investments in Russia reduced by 27.8% compared to the same period of 2008 in the first nine months of the year, the statistics says.


26.11.2009 22:41

Alexei Kudrin, the Russian Minister of Finance expects oil prices to go down to $60 per barrel within the next two years.


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