From: RussiaToday on Tue, Feb 17 2009 4:45 PM

Russian retailer, Magnit, says it will open about 400 new convenience stores and 6 hypermarkets in 2009.

From: RussiaToday on Wed, Jan 28 2009 11:21 AM

Alexander Izosimov, Head of Vimpelcom, spoke with RT at the World Economic forum in Davos about the changed Russian business environment, and about how he sees the mobile industry evolving in Russia.

From: RussiaToday on Mon, Jan 19 2009 6:51 AM

Billionaire majority shareholder of Rusal, Oleg Deripaska, the world largest aluminium maker, will return to the CEO position after being re-elected by the company board.

From: RussiaToday on Fri, Dec 19 2008 5:20 PM

Development of small and medium size business in Russia's regions may become one of the anti-crisis solutions. The government is calling the regional authorities for practical support, including more state orders for small entrepreneurs.

From: RussiaToday on Fri, Dec 12 2008 12:24 PM

Russia's jewellery business is facing tougher times, but the crisis is the best time for promoting innovation in the business - that’s the message from major jewellery producers meeting in Moscow.

From: RussiaToday on Mon, Dec 08 2008 4:11 AM

Among the government's latest stimulus measures is the move to buy mortgages from banks.

From: RussiaToday on Tue, Dec 02 2008 4:39 PM

Russian stocks shrugged off some ominous early sentiment, despite little lead from oil and commodities, and with a possible Rouble devaluation hanging over banks and retailers. The RTS added another stoppage to its recent collection, but at the close of trade the Micex had posted a gain.

From: RussiaToday on Tue, Nov 25 2008 3:44 AM

Russia’s regional banks are sending an SOS after failing to get access to State money. They are urging the Central bank to give them credits backed by their real estate. But market watchers say a massive acquisition of regional banks is unavoidable.

From: RussiaToday on Fri, Nov 21 2008 6:01 AM

President Dmitry Medvedev met Thursday evening with Russian oligarchs to discuss how the global financial crisis is affecting the real sector of the economy. The business leaders are looking for faster moves to keep business turning over through the crisis.

From: RussiaToday on Tue, Nov 11 2008 4:33 PM

Russia's Central Bank has increased its refinance rate by 1 percentage point to 12 percent. The aim is to lower capital outflow and restrict inflation.

From: RussiaToday on Fri, Oct 31 2008 12:28 PM

Russia’s leading truckmaker, Kamaz, has posted a Net Profit for 1H 2008 of $165 million under IFRS.

From: RussiaToday on Wed, Oct 22 2008 9:52 AM

The Russian Rouble has fallen to its lowest level against the U.S. dollar in 2 years, after 6 successive days of falls.

From: RussiaToday on Tue, Oct 14 2008 6:41 AM

Russia’s air flagship, Aeroflot, has seen Net Profit for the first half of 2008 fall 55% year on year to $72 million under IFRS.

From: RussiaToday on Fri, Oct 10 2008 9:33 AM

The situation on the international markets remains grim as global stocks take yet another plunge. A massive sell-off on Wall Street on Thursday, and the escalating global equity crisis, sent Asian stocks down sharply.

From: RussiaToday on Tue, Oct 07 2008 4:23 PM

The Russian government wants to triple pensions for less well-off. But it will come at the expense of business which will have to pay higher taxes.

From: RussiaToday on Tue, Oct 07 2008 4:22 PM

Russia’s Finance Ministry has denied reports in the European media that Russia will loan ?4 Billion to the Central Bank of Iceland. In a statement to Interfax Deputy Finance Minister Dmitry Pankin stated that no decisions have been passed concerning any loan to Iceland. "There haven't been ...

From: RussiaToday on Tue, Sep 16 2008 3:22 AM

US-based bank Lehman Brothers on Monday filed for bankruptcy after it failed to find a white knight to come to its rescue. Crushed under the weight of a $60 Billion debt, it lost over 70 percent of its value last week, dragging other markets down. The fall out from the latest phase of the cred...

From: RussiaToday on Mon, Sep 15 2008 1:52 PM

Dmitry Medvedev has promised Russian business there will be no shortage of bank finance. He said the government would minimize the negative impact of the global financial crisis and the military conflict in South Ossetia.

From: RussiaToday on Mon, Sep 15 2008 11:03 AM

In the major market economies small business is the key driver. In Russia however, it is all too often dependent on the optimism of individual entrepreneurs. But efforts are being taken to create the necessary infrastructure, cut red tape, remove tax hurdles and make visa procedures easier.

From: RussiaToday on Sun, Sep 14 2008 4:52 AM

A Siberian solar panel maker is leading a hi tech push by Russian companies to add more value to Chinese exports from Russia, with both the government and industry looking for the private sector to lead the way.