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Russian Business and Law News


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28.10.2011 15:01

The Transaero airlines has signed a memorandum on mutual understanding on acquiring four air jets A 380, the largest jets in the world.


31.10.2011 16:24

Russians keep on investing into English football. Maxim Demin, the co-owner of the bank Zenit has acquired 50 % of shares of Bournemouth football club from the club management.


31.10.2011 13:03

Russian Internet company Mail.ru Group is to launch its own service of micro blogs, which may compete with Twitter.


27.10.2011 17:48

The Disney Channel will air on broadcast stations in 54 cities, including Moscow and Saint Petersburg.The Walt Disney Company is acquiring a 49 percent stake in the Seven TV network from media company UTH Russia.


27.10.2011 14:40

Rosatom plants to get no less than 20 % nuclear power station deals in the world market in the nearest twenty years.


26.10.2011 11:07

The company Intourist is to join its hotel net under the new brand Intotel hotels and resorts.


26.10.2011 10:21

Barclays Bank PLC has sold Barclays Bank LLC, including retail and commercial banking operations in Russia to a group of investors. One of the leading Russias banker, Igor Kim, is called among the investors.


25.10.2011 16:55

The investment company VTB Capital is about to create the largest investment fund into agriculture with the volume of $ 1 billion in Russia, reports The Vedomosti. From next year the fund will start to buy agricultural assets in Russia and Kazakhstan.


25.10.2011 13:15

Champagne, one of the symbols of a New Years Day, wont be present at a table of a Russian family from 2023. As according to the agreement between Russian sparking wine producers and the Comité Interprofessionnel du Vin de Champagne (CIVC) Russian wine might not be called champagne from December 31, 2022.


24.10.2011 11:45

The world largest furniture retailer IKEA plans to open a car wash net at its stores in Russia. The first car wash will be opened in November 2011 on the territory of Mega store in Kazan.


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