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Russian Business and Law News


25.08.2014 13:22

AvtoVAZ, Russias biggest carmaker, has announced a 25,000-unit cut in output in the next three months amid slackening demand.

25.08.2014 13:10

Yandex, the leading search provider in Russia, has announced a reshuffle in its senior management team, with Alexander Shulgin, who until now used to be the groups Chief Financial Officer, appointed Chief Operating Officer of Yandexs Russian business.

22.08.2014 22:21

The Polish economy could lose as much as 800 million euro due to the Russian food embargo, according to the Polish Federation of Food Producers.

20.08.2014 17:09

VTB Bank has extended a RUR 700 million seven-year credit facility to Merletto, a major regional confectionary and sausage producer.

20.08.2014 15:17

Swedish furniture giant IKEA has announced it will not replenish its supplies of Norwegian salmon and traditional Swedish cheese in its stores due to the food embargo imposed by the Russian government on August 7.

18.08.2014 16:23

Russia will ramp up IT products exchange with China amid a looming trade war with the West, says the online news outlet

13.08.2014 12:25

The Federal Antimonopoly Service may modify the list of products that have come under embargo on the results of monitoring of the Russian market.

10.08.2014 11:53

The West Alpha rig owned by Karmorneftegaz, a JV by Russian and US oil giants Rosneft and ExxonMobil, has launched exploratory drilling of Universitetskaya-1, Russias northernmost well.


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