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Russian Business and Law News


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30.09.2012 17:46

BlackRock, the worlds largest asset manager, has acquired a share in the Moscow stock exchange from the Russia Direct Investment Fund.


29.09.2012 18:06

In 2012 the export volume of military goods is expected to exceed $13 billion. The exact volume was not announced as the numbers may change'.


29.09.2012 17:49

On Friday the largest Russian bank Sberbank has completed acquisition 99.85% share of Turkish Denizbank from Franco-Belgian bank Dexia S.A. The agreement for acquisition was signed between the parties on June 8, 2012.


28.09.2012 19:10

According to KPMG research The chocolate of tomorrow: What todays market can tell us about the future, Russian chocolate market, which is now estimated $ 8 billion, may grow 45% by 2016.


28.09.2012 17:32

The largest Russian heavy truck manufacture KAMAZ OJSC has announced 56.6 billion Rubles revenue in the first half of 2012.


27.09.2012 17:04

The German company Media-Saturn-Holding GmbH has given up developing brand Saturn in Russia. A shop Saturn in the shopping center Vegas in Moscow is changing its name to Media Markt.


26.09.2012 21:16

Fitch Ratings has assigned FSUE Post of Russia a Long-term foreign and local currency rating of 'BBB'. Post of Russia needs the Fitch rating for attracting investments, which are necessary for upgrading its infrastructure.


27.09.2012 08:36

Moscow budget will receive about $ 940 million due to Sberbanks SPO, reports Interfax.


26.09.2012 11:55

CEO of Transaero, Olga Pleshakova, was put on the list of 50 most influential business ladies of the world in 2012 according to a rating made by the business magazines Fortune


26.09.2012 13:10

A unique diamond, weight 158,2 carats, estimated over $1,5 million, was found by JSC Alrosa, the largest diamond producer in Russia, in Yakutia in September.


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