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Russian Business and Law News


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31.10.2012 22:42

The Fund Horizon Capital has acquired 4% of the on-line bank ZAO Tinkoff Credit Systems for $ 40 million. So the whole credit organization has been estimated in $ 1 billion.


31.10.2012 10:36

Russian Internet company Mail.ru Group has claimed about its intention to expand in the international Internet markets, using its new global name my.com


30.10.2012 23:58

Russian businesses may face a new tax which would be neither an income nor a payroll tax. Rather, it would be paid in advance and would not depend on whether you ultimately win or lose.


30.10.2012 16:43

Yandex, the leading internet company in Russia, operating the country's most popular search engine and most visited website, today announced its unaudited financial results for the quarter ended September 30, 2012.


30.10.2012 16:56

The Israeli company Strauss Group, which owns some coffee brands like Black Card (Chernaya Karta) and Platinum, is negotiating on selling its coffee business in Russia.


29.10.2012 17:51

Russian retailers may get a permission to sell medicines, which do not require a prescription. Selling prescription-free medicines outside chemistries is to increase the competition in the pharmaceutical market and to cut down prices on the medicines.


29.10.2012 16:05

In the South-East of Finland large stores have claimed they will accept Rubles as payments since December 2012.


26.10.2012 17:58

New Microsoft operation system Windows 8 has come to Russia. The start of sales was done simultaneously with the whole world on October 26.


28.10.2012 13:14

The largest Russian airline Aeroflot has confirmed its intention to found a low cost airline in Russia within a year, reports Interfax.


28.10.2012 11:20

In October Mail.ru Group has sold a part of its shares in the social net Facebook. According to the companys financial report for the third quarter, its share has reduced from 1.34% to 0.75%.


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