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Russian Business and Law News


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29.06.2014 12:33

On Wednesday, June 25, Russian Finance Ministry published a draft resolution that softens operating conditions for Visa and MasterCard before they acquire the status of nationally significant card payment systems (CPS).


22.06.2014 11:36

Russias Transneft has set up its own entity to ensure security of the pipelines in line with a law adopted earlier, according to the news agency Interfax.


14.06.2014 00:01

Perekopsky brothers claim 40 million rubles of "golden parachutes" from Vkontakte social network.


15.06.2014 13:13

According to the Rosstat materials, Russia has reduced production of alcohol and tobacco products in April of the current year.


14.06.2014 13:15

Bank of Cyprus intends to sell Russian Uniastrum Bank as a part of the restructuring process.


14.06.2014 00:09

VTB, the second largest bank by assets in Russia, its affiliate VTB 24 and other banks of the group refuse to render services to U.S. customers, citizens and companies.


14.06.2014 00:13

The Board of Directors of OJSC Gazprom Neft approved the signing of sponsorship contracts with Omsk based Avangard hockey club and SKA from St. Petersburg.


11.06.2014 10:35

Gazprom has again delayed the switch to the advance payment scheme in its contractual relations with Ukraines Naftogaz, this time to June 16.


9.06.2014 18:01

Qiwi, a leading Russian payment system, has announced of a change in its board of directors, including the appearance of former Google top executive Osama Bedier along with three other new directors.


9.06.2014 14:50

The Kalashnikov company, one of the worlds largest firearms manufacturers, has backpedaled on its earlier plans to issue a license for the production in the US.


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