Great Britain is set to receive first Russian gas transported by Nord Stream pipeline in 2012 – the country has already applied for piping 4 billion cubic metres of gas per year.

Ovi music shop boasts over 3.8 million songs of various artists from all over the world. Besides, the company plans to add about 20 000 songs by Russian artists in early 2010.

Axel Springer Russia publishing house has closed the deal on acquisitionn of Gruner+Jahr Russia, the press service of the company reports.

Russian leading truck manufacturer Kamaz and German Daimler AG signed an agreement on creation of two joint ventures in the town of Naberezhnye Chelny, Russia.

Zolotoy Vavilon (Golden Babylon) mall, located not far from the centre of Moscow (211, Prospekt Mira Street) represents over 450 stores placed on 241 000 sq.m.

Michelin & Cie, Europe's largest tire maker, is set to double production in Russia, reports Bloomberg. The company is reported to increase production capacity of passenger car tires up to 4 million items per year in the town of Davydovo, the Moscow Region.

The operators see the retail price recommended by Apple for the Russian market too expensive – 35 000-40 000 rubles ($1225-1400).

First Takaful insurance company, based on the Islamic Laws, is established in Russia, reports the Kommersant newspaper. The company is going to offer its clients to participate in profits in order to enter into the segment of Islamic insurance in Russia.

Renault Logan (5 076) surpassed Ford Focus and Lada Kalina and became third on the list following Lada Priora (8 562) and Lada Samara (7 436).

German car maker Audi announced plans to almost double sales in Russia by 2015 – like many other companies Audi is sizing up the the developing markets estimating the growth potential.