RBC – Out of the four competitors for building development of the site of the Rossiya hotel in the centre of Moscow the winner is JSC ST-Development

RBC – The European Bank for Reconstruction and Development (EBRD) will decide today on the purchase of the Moscow International Bank (MIB) preferred stocks about $ 10 mln worth.

RBC – The air companies KrasAir, Samara, Domodedovskie airlines, Omskavia and Sibaviatrans are going to sign a memorandum on alliance and strategic partnership at the third Siberian airspace salon in Krasnoyarsk on December 3 – 5

RBC – Transmashholding, the biggest holding on the Russian market of railroad machinery and the leading supplier of JSC Russian Railways, will start placement of the issue of 3-year bonds at the nominal value of RUR 1.5 bln

RBC - Vnesheconombank, Vneshtorgbank, the Italian Mediobanca and SIMEST (the Italian Financial Institution for the development and promotion of Italian business abroad) have signed an agreement on co-operation

AK&M - Toyota has chosen St.-Petersburg as a place where to build its Russian factory which is to be put into operation in 2006.

AK&M - The Russian brewing company Baltika will become a producer and distributor of Foster’s Lager beer in Russia

www.rbcdaily.ru - 30 November will see the opening of Russian art auctions at Christie’s, Sotheby's and MacDougall's

www.rg.ru The redrafted law ‘On insolvency (bankruptcy) of credit organizations’ has come into force.

www.vedomosti.ru and PRIME TASS – the Russian Railways and Chinese Railways companies will establish a joint venture to organize container transportation between the countries in 2005