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Russian Business and Law News


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24.12.2009 16:42

An 148, a regional jet aircraft, performed its first flight from St Petersburg to Moscow with the landing in Domodedovo airport.


23.12.2009 16:37

Burger King postpones entering the Russian fast food market until 2010, though the first restaurant of the company was due to open in autumn of 2009, reports the Kommersant newspaper.


22.12.2009 16:33

Rosatom, Russian State Atomic Energy Corporation, received 800 million rubles for building a research and technology park in the Russian town of Sarov, and 14.2 billion rubles for acquisition of assets abroad.


21.12.2009 16:29

Rambler Media, a group of companies owning a leading Internet brand of the same name, has made a decision to delist its shares from AIM on the London Stock Exchange.


21.12.2009 16:07

It is reported that SUEK's market value may reach $8-9 billion, if the IPO takes place in the first half of 2010.


17.12.2009 16:04

Kamchatka, one of Russia's furthest regions, will stop alcohol production at the region's only distillery, which proved to bring no profits to its owners.


17.12.2009 16:00

Mikhail Prokhorov, Russia's richest man, arranged purchase of a controlling stake (80%)in New Jersey Nets and 45% in Barclays Centre in Brooklyn.


15.12.2009 15:56

Sergei Kirienko, the head of the Russian State Atomic Energy Corporation Rosatom, and Pham LeThanh, the head of Vietnam's electricity company EVN, signed a memorandum of understanding implying construction of the first nuclear power plant in Vietnam.


15.12.2009 15:53

Russia and Vietnam signed a contract on delivery of six diesel-electric "Project 636" Varshavyanka submarines for a total of $2 billion.


11.12.2009 15:51

Russia's largest long-distance call operator Rostelecom is set to delist from the New York Stock Exchange, the official press release of the company reads.


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