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Russian Business and Law News


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20.05.2005 00:00

The Chinese and Russian border gets defined as the State Duma ratifies the frontier treaty, a long-awaited move, not hailed by either nation.


19.05.2005 00:00

The Federal Tax Service accomplished a regular inspection of the companys records as of 2002 and issued a bill on unpaid tax of 372.15m roubles, or $13m


19.05.2005 00:00

Rostiks concedes its position on the market, making room for the US Yum!, a deal estimated at $18 to $30m.


19.05.2005 00:00

The fight over a popular vodka brand flared up last year, between the Kristall distillery, owned by Sergey Divenko and St. Petersburg Liviz distillery held by Alexander Sabadash.


19.05.2005 00:00

Famous vodka Stolichnaya, is on its way to a new producer as negotiations kick off between its owner, Soyuzplodimport, and Kristall distillery, another giant in this sector.


19.05.2005 00:00

Moscow-based bakeries may soon put their assets together to form an amalgamation. The holding may include Cheremushky, Khlebzavod #6, Prostor and others who sent the concept to be reviewed by the municipal government.


19.05.2005 00:00

Severstal looks westwards again, in a bid to invest in Altos Hornos de Mexico SA. The experts are now inspecting engineering facilities and estimating its off-the-record assets.


19.05.2005 00:00

The president approved the new bill on the elections to the State Duma abolishing single-mandate constituencies and raising the hurdle to 7%.


18.05.2005 00:00

The European Bank for Reconstruction and Development took a groundbreaking decision to issue five-year bonds in roubles.


18.05.2005 00:00

Russian and Estonian foreign ministers signed a mutually satisfactory frontier treaty exchanging territories in an attempt to determine land and maritime delimitation with the new EU state.


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