Today it seems almost impossible to find a customer able to buy the whole building at once. No wonder, one of the developers is prepared to sell its only large-scale project in parts.

The Russia-Italy gas pipeline project designed to go through the Black Sea to the Bulgarian port is an alternative to Nabucco gas pipeline projected to deliver gas from Central Asia to the EU countries.

About half a million people lost their jobs today – Russia closed all operating gambling facilities not located in special gambling zones, which have not been opened for visitors yet.

AIG announced sale of AIG Bank (Rus) to PSA Finance, a subsidiary of PSA Peugeot Citroen Group.

The highest paying jobs offered to foreign specialists are surprisingly not in Europe, but in Russia, Asian countries and the Middle East.

One of the most significant Russian airports, Pulkovo in St Petersburg, will be renewed by a consortium formed by VTB Capital and Fraport Group operating Frankfurt International Airport.

General Motors is set to suspend production at its plant under St Petersburg for a period from July the 1st to August the 31st 2009

Russian State corporation Rosoboronexport and Thales International Group are joining efforts to promote joint production to the world weapon market.

Russian gas monopolist and Nigerian National Petroleum Corporation signed a memorandum to set up a joint venture on a 50/50 basis, the information administration of the Russian company reports.

Sberbank, the largest bank of Russia, ranks 23rd in terms of revenue in the rating of world's largest banks published by The Banker.