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Russian Business and Law News


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28.02.2012 09:35

The company Raspadskaya, one of the leading coal producers in Russia, will buy out 48.352 million of its own common shares by 1 April 2012. The company will spend 7.253 billion Rubles for the buy-back.


27.02.2012 17:17

The Kirghiz parliament has approved a project of an intergovernmental agreement on giving Gazprom Neft Asia (a subsidiary of Gazprom Neft) a monopoly right on supplying and distribution of oil products in the inner market of the country.


27.02.2012 09:06

The Holding Russian Helicopters has put off its initial public offering again, which was planned on May 2012.


23.02.2012 16:06

The Russian petrochemical holding Sybur and Indian Reliance Industries (RIL) has created the joined venture on production butyl rubber in Jamnagar, India. Sibur will get 25.1 % share in exchange for its technologies.


16.02.2012 12:50

The Kremlin has created its own brand of premium vodka, "Kremlin Award", for serving it at special Kremlin events of presidential administration.


13.02.2012 17:50

One minute advertising at broadcasting Euro 2012 at Russian TV channels will cost 11 million Rubles or about $ 367 000.


13.02.2012 16:10

Belorussia will get $ 500 million loan from Vnesheconombank for building a nuclear power station.


8.02.2012 17:53

Bulgaria paid off a 4.7 million euro debt to Russia for its withdrawal from the construction project of the Burgas-Alexandroupolis oil pipeline.


8.02.2012 16:10

The Austrian oil and gas company OMV is negotiation with Russian gas giant Gazprom on selling 51% shares of Romanian oil company OMV Petrom.


7.02.2012 17:29

Ukraine has become the main purchaser of Russian vodka, its share is 27% out of total export volume in 2011, or 1.4 million decalitres.


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