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Russian Business and Law News


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30.11.2007 14:04

Russia and Canada have agreed to set up a joint venture for uranium enrichment. The documents confirming the bilateral cooperation were signed within the framework of the Russian Prime ministers visit to Canada.


30.11.2007 11:50

Gazprom, the Russian gas monopolist, is going to build the Europes largest underground natural gas storage. It will be located at the depth of 650 meters in the town of Hinrichshagen, Germany.


29.11.2007 14:01

Volkswagen AG has launched a EUR50-million plant in Kaluga, westward from Moscow. Several car models such as Skoda Octavia, Volkswagen Passat, Golf and Polo will be assembled at the plant.


29.11.2007 10:59

Austrian construction company Strabag in cooperation with Siemens and Deutsche Telecom has formed a consortium to build toll roads in Russia.


28.11.2007 16:47

General Motors Corporation plans to start assembling Opel Astra autos in Russia. In future GM intends to arrange assembly of several other Opel models including Corsa, Zafira and Vectra.


27.11.2007 18:17

Swiss company Nestle seems willing to crash all its Russian rivals on the chocolate market.


27.11.2007 13:35

The third biggest international grocery and general merchandising retailer by global sales has reported it may open its stores in Russia.


26.11.2007 13:51

The largest mining and smelting complex may soon enter the worlds markets of aluminum, nickel, copper, platinum and palladium.


26.11.2007 13:02

Russian company Rosneft and China National Petroleum Corp. (CNPC) have agreed to jointly build an oil refinery in Tianjin, Northern China. The capacity of the enterprise is planned to make up 10million tons per year.


23.11.2007 15:25

Saudi Arabia is going to purchase Russian weapons for the first time ever, reports the Kommersant newspaper. It is reported that 150 tanks T 190C priced at $500 million, 100 helicopters Mi 35 and Mi 17 estimated at $2 billion and about 20 Buk M2 air defense medium-range systems will be supplied to Saudi Arabia.


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