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22.01.2013
Russia’s biggest retailer becomes Sochi-2014 partner

X5 Retail Group, the biggest Russian retailer and owner of Pyaterochka, Perekryostok and Carousel will be the official partner of Sochi-2014 Olympic Games, reports the Vedomosti on 22 January, referring to anonymous X5 and Olympic committee representatives.

16.01.2013
By 2050 Russia will be the 6th in world GDP rating
<p>The 'World in 2050' report by PricewaterhouseСoopers (PwC) states that Russia will take up the sixth place in GDP volume rating, tying with Japan head to head.</p>
10.01.2013
Russia climbs five places up in the economic freedom rating

Russia climbed five places up in the ranking of economic freedom, compiled annually by experts of Heritage Foundation (Heritage Foundation) in conjunction with The Wall Street Journal. In a year’s time Russia changed its 144 place to 139, remaining among ‘mainly constrained’ countries.

24.12.2012
IDS Borjomi to be bought by Russians

IDS Borjomi controlling stake is to be repurchased by the Mikhail Friedman’s Alpha-Group related enterprise by the end of 2012, reports the Kommersant referring to anonymous sources.

12.12.2012
Renault Nissan finally holds control over AutoVaz
Renault Nissan and Rostekhnologii Corporation have signed the mutual controlling agreement on AutoVaz , according to which Renault is to invest 23 mlrd rubles in the Russian production, RIA Novosti reports.
04.12.2012
A new cinematic chain launched by Alpha Group in Russia
Formula Kino and Cronwerk Cinema have been merged by A1, an investment unit of Alpha Group. The newly created chain, with its 237 Russian and 17 Ukrainian halls will be the second largest in the current market not only in quantity, but also in box office sales, which now comprises 9,4% of the total Russian sales, as states the company’s official release.
28.11.2012
Tiffany will purchase Russian diamonds for billion dollars annually

Jewelry company Tiffany and the largest Russian diamonds producing company Alrosa have agreed on supplements for 60 million dollars (over 1,8 billion rubles) annually. It was reported by the newspaper Kommersant, referred to the sources close to the process negotiations.

22.11.2012
The rating of the most successful young Russian businessmen has been formed
The rating of the most successful young Russian entrepreneurs, formed by the web-site Hopes&Fears, has been lead by the shops network Svyaznoi founder Maxim Nogotkov. His fortune has been estimated by the web portal as around 1,5 billion dollars.
12.11.2012
IzhAuto will double the production
Izhevsk Machinebuilding Plant, owned by “AutoVAZ”, can increase an annual production up to 80-90 thousand cars in 2013. This was reported on Monday 12, November by RIA Novosti, which referred to the Minister of Industry and Energy in Udmurtia Oleg Radionov.
07.11.2012
Russia and Cuba plan to establish joint airline
Russia and Cuba have launched negotiations on establishment of a joint airline. It was reported by Rossiiskaya Gazeta with the reference to the Duty Minister of Transport in Russian Federation Sergei Aristov. Besides that, there is a plan to build a large hub for indirect flights to South America.
30.10.2012
Yandex has overtaken Mail.Ru Group in terms of outcome growth
The Yandex outcome for the third quarter of 2012 has risen by 41% in contrast to the same period in previous year and amounted to 7,3 billion rubles. It was reported in the official press-release of the company, received by “Lenta.ru”.
22.10.2012
Rosneft agreed on total purchase of TNK-BP
Rosneft has announced the signing of the agreement with BP for purchasing 50% of TNK-BP shares. It was reported in the official press-release of the Russian company. Besides this, Rosneft agreed on acquisition of the second half of TNK-BP shares from Russian shareholders – consortium AAR (Alpha-Group, Access Industries and Renova).
17.10.2012
Russian companies have significantly increased the gold and silver producing
The company Polymetal, which combines gold and silver mining assets in Russia and Kasakhstan, has significantly increased production volumes. According to the official Polymetal press-release, in first nine months in 2012 the gold mining volumes enlarged by 47% up to 452 thousand oz (14,1 tons), silver production enlarged by 52% up to 20,5 million oz (637,6 tons).
12.10.2012
Results of the Business mission to Italy. Bilateral negotiations in Milan and Mestre.
Bilateral negotiations between Russian trading companies and Italian furniture producers were conducted from 3 to 5 December, 2012 in Milan and from 5 to 7 December, 2012 in Mestre. In the course of the event the acquaintance with opportunities of northern Italian regions in the furniture sector and consultations with bank UniCredit on long-term project financing were carried out. From the Italian party the representatives of more than 200 producing companies, the list of which was provided to Russian companies in advance, participated in the meetings.
08.10.2012
Suggestion to assemble Chinese cars in Ulianovsk
Authorities of the Ulianovsk region plan to launch the production of the Chinese cars Lifan. According to the RBC Daily, referring to the source in the regional administration, among the possible assembling platform there are spare manufactories at the Ulyanovsk Automobile Plant (UAZ).
02.10.2012
The Ekaterinburg airport was recognized as one of the best in the world
The Ekateringburg airport “Koltsovo” was recognized as one of the best in the world and received the World Routes Awards 2012. It was reported in the official press-release of Routes, one of ceremony organizers.
24.09.2012
The Ministry of Natural Resources and the Environment of the Russian Federation agreed to sell the largest oilfields
The Ministry of Natural Resources and the Environment of the Russian Federation offered to conduct auctions for three undistributed land oilfields – Spielmana, Imilorskoe and Lodochnoe. It was reported by Izvestia. Final stage of the oilfields exploration was concluded in last months.
20.09.2012
RZD won in the contest for the subsidiary of Peugeot Citroen
French concern Peugeot Citroen has chosen RZD as a buyer of 75% share of its logistic subsidiary Gefco, as reported in the press release of Russian monopoly. RZD launched exclusive negotiations on the deal conclusion with Peugeot Citroen. JP Morgan and VTB Capital act as financial consultants for RZD.
14.09.2012
The Central Bank has announced foreign banks entered Russia
In the nearest future several foreign banks will enter Russia. This forecast was presented by the Duty Chairman of the Central Bank Mikhail Sukhov, as reported by RIA Novosti.
04.09.2012
The production of Toyota components will be launched in Leningrad region
The Toyota subsidiary plans to decide on the components production point in Leningrad region for its plant in Shushari. It was announced by the Leningrad region Vice-Governor Dmitrii Yalov on September, 4, as reported by RIA Novosti.
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Company news

Summing up of the business mission of the Italian company Cioccolateria Beppiani to Moscow
The meetings between the Italian manufacturer of chocolate products Cioccolateria Beppiani and top-management of interested Russian companies were held on 28 October. During the negotiations a possible partnership was discussed.

On October 23 the Russian-Polish business lunch was held at InterCHARM 2015
On 23 October 2015 the Trade and Investment Promotion section of the Embassy of the Republic of Poland in the Russian Federation initiated bilateral meetings of Russian and Polish companies in business lunch format.

Summing up of the business mission of the Italian company StudioTre Contract to Russia
The meetings between the Italian company StudioTre Contract and top-management of interested Russian companies were held from 15 to 19 October. During the negotiations a possible partnership was discussed.

News from Russia

The American cookie king developing a monopoly in Moscow’s cafes
American entrepreneur Karl Swanson is defying the economic downturn and food sanctions over Russia’s involvement in the Ukrainian conflict by rapidly growing his cookie business in conjunction with Moscow’s leading coffee shops.

Ford to assemble trucks in Russia
The Avtotor plant in the Russian exclave of Kaliningrad is about to begin assembling Ford trucks. The vehicles will be adapted specifically for the Russian market and comply with European safety standards.

Virgin Atlantic considers expanding to Moscow - Branson
Virgin Atlantic wants to take over the London-Moscow route from EasyJet, according to founder Richard Branson in an interview with the Sputnik news agency.

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