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Home > Economy
Economy  
Rosneft starts share buyback program (20/04/2011)
Russia's state-run oil giant Rosneft has started buying back its shares from the market and plans to initially spend $100-200 million for that purpose, the firm said on Tuesday.
Mamut buys 3.5% of fertilizer giant Uralkali (20/04/2011)
Tycoon Alexander Mamut has acquired a 3.5% stake in Russia's largest fertilizer producer Uralkali for an undisclosed sum, Uralkali said on Tuesday.
Bankers to succeed officials at Russia company boards (08/04/2011)
Kommersant business daily published a list of candidates who could replace deputy prime ministers and ministers on the boards of the top 19 companies which accounted for 15 per cent of the country's gross domestic product in 2009.
Medvedev unveils new plan to improve investment climate (31/03/2011)
Russian President Dmitry Medvedev on Wednesday slammed the country's investment climate and reeled off a list of measures in a bid to entice foreign capital into the country.
Smallholder farmers growing force – Putin (21/03/2011)
The smallholders of the southern regions of Rostov, Krasnodar and Stavropol turn out 80 percent of the country’s fruit and vegetables and 55 percent of its dairy products. They also produce about 5 million tons of grain each year.
Russia to boost chopper sales in Asia-Pacific (21/03/2011)
Roman Kirillov said that there were currently 1,500 Russian helicopters in the region. Easy to operate, reliable, with a large load lifting capacity and capable of flying at high altitudes, they are in great demand, especially in China, Malaysia, Indonesia and Vietnam.
Russia doubles car output (21/03/2011)
According to national statistics, 227,000 cars were built in Russia in January and February, which is 2.2 times more compared to the same period of last year. Russia's leading automakers are AvtoVAZ, Sollers, a Renault plant in Moscow, KAMAZ and GAZ.
High oil prices may threaten economic recovery - chief economist (06/01/2011)
High oil prices may threaten global economic recovery, Fatih Birol, the Chief Economist of the International Energy Agency said in an interview with the Financial Times.
Higher Fitch spot for Russia (06/01/2011)
The agency Fitch says it is about to upgrade its sovereign credit rating of Russia.
Russia posts record oil, gas output (04/01/2011)
In 2010 Russia set a 20-year record oil output with the daily production exceeding 10 million barrels, and retained its position of the world’s biggest oil producer, Bloomberg agency reports citing official statistics.
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