Sistema JSFC has won an open auction to have the right to acquire a 100% stake in OJSC First Cavalry Army Stud Farm from the State for RUB 303 million.

The Federal Agency for State Property Management has sold publishing house Prosveshcheniye to the company Olma Media Group for 2.25 billion Rubles.

From 1 January 2012 export oil duty has fallen to $ 397.5 per ton in Russia. This is $ 9.1 less than in the end of 2011.

As a result of geological survey, Russian oil and gas reserves grew in 2011, claimed the Minister of Natural Resources and Ecology Yuriy Trutnev.

Turkey approved building the gas pipeline South Stream by Gazprom on the high level.

Officials of Russian Gazprom and Turkish Botas sign commercial documents on gas supplies to Turkey in 2012.

An average cost of 2012 New Year’s treatments will make up 3 060 Rubles (about $100) in Russia, counted the Federal State Statistics Service.

In February 2012 the largest Russian oil company Rosneft is going to make an agreement on creating a new joint venture with the American company Exxon Mobil.

The state bank VTB has acquired 20 % shares of the holding Metalloinvest from the businessman Vasiliy Anisimov and has become a partner of the Russian oligarch Alisher Usmanov.

In 2011 Abkhazia will cut significantly mandarin supply into Russia, claimed Abkhazian Minister of agriculture Beslan Djopua.