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Russian Business and Law News


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28.04.2007 15:31

The leading Czech power-producing company CEZ is interested in constructing a new combined-cycle plant of 400-420MW capacity on the basis of one Russian state district power plant.


28.04.2007 12:48

South-African Sun International Corporation has applied for a long-term lease of 2 of 3 hectares of the special gambling zone located on the boarder of the Krasnodar Region and the Rostov Region in Russia.


27.04.2007 11:42

The bank of Moscow has launched a new mortgage lending program implying 7% per annum, which is the lowest rate at this segment of the market.


26.04.2007 11:41

In the segment of the famous brands market counterfeit production makes up 15-17%. Presently Russia rates the second country to produce fake products, yielding to China only. However, it is followed by Ukraine, Chile and Turkey.


25.04.2007 14:20

The procedure of getting a car loan is expected to become easier for the Russians, since Toyota, Japanese car-manufacturer, has registered a bank in Russia.


25.04.2007 12:53

About 60% of all subsidies meant for the poorest people are given to their richer co-citizens, said the chief economist of the World Bank in Moscow.


24.04.2007 15:19

Very soon all Russian banknotes and coins will be imprinted a new symbol on the sign of the Russian ruble.


24.04.2007 11:00

LUKoils brand estimated at 810 million dollars rates 9th on the list of leading fuel-manufacturers. Baltica goes 14th among beer brands with its brand of 897 million dollars.


23.04.2007 15:18

Russian JSC Avtovaz and Canadian Magna International Inc. are planning to sign a contract on making a new C class passenger car in May. The production process will be carried out at one of the plants belonging to the Russian party.


23.04.2007 12:52

The representative from the European Union said there was no point to keep the trade restrictions working and the ban was considered needless.


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