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2007-02-12, 12:15

Russia, Greece and Bulgaria sign pipeline deal

A protocol preceding a trilateral agreement on co-operation and use of Bourgas-Alexandroupolis pipeline was signed by representatives of Bulgaria, Russia and Greece in Bulgaria’s Black Sea coast city of Bourgas.

2007-02-05, 20:01

$25 billion stolen - new charges against Khodorkovsky

Prosecutor filed new charges today against Mikhail Khodorkovsky, chief of Yukos oil company, one of the richest men in Russia, who has served almost 4 years of his 8-year sentence on fraud and tax evasion charges.

2007-02-02, 12:09

India, Russia to jointly develop Hypersonic Cruise Missiles

Chief Executive Officer (CEO) and Managing Director of the Delhi based BrahMos Aerospace Centre A Sivathanu Pillai said here that India and Russia are working towards developing a Hypersonic Cruise Missile, a more advanced version of the BrahMos.

2006-03-13, 15:01

Trial on Yukos bankruptcy case appointed on March 28

The arbitrage of Moscow has appointed the trial of YuKOS bankruptcy case on March 28. "The application is accepted to the examination. The first session in this case is assigned on March 28 ", said the press- service of Moscow arbitration.

2006-03-13, 12:25

Moscow to outdo Philadelphia in Wi- Fi technology

Russian Communication operator Golden Telecom company declares about the beginning of works on the creation of the largest network of the wireless access to the Internet in Moscow.

2006-03-12, 20:18

Wine drinking increased by 8% in Russia

During recent years a wine drinking in Russia increases at higher rates comparing with other kinds of alcohol production, such as vodka and beer.

2006-03-12, 16:31

Ruble course to stay 28 rubles for $1 in next 2 years

Russian vice-premier Aleksandr Zhukov has announced that ruble course will stay at level of 27.5-28 rubles for $1 in next 2 years. Exchange adjustments of national currency may come to 6.5% in 2006, 2.8% - in 2007, 1.1% in 2008 and will gradually come to naught afterwards.

2006-03-11, 00:05

Russia cancels $4,7 milliard Algerian debt

Russia completely canceled the Algerian debt the total sum of which came up to $4,7 milliard. At the same time Algeria engaged itself to purchase industrial production to the equal or exceed sum of the debt.

2006-03-10, 22:47

Lada producer to attract $4.5bln investment

Russian car manufacturer AvtoVAZ, known for its Lada brand, plans to attract up to $4.5 billion of investment to update its product range under an agreement signed between the company and a Russian bank, the company`s press service said Friday.

2006-03-09, 15:01

Inventory of Russian Black sea fleet may be conducted with no conflicts

The military departments of the Ukraine and Russia can solve the problem of the inventory of the objects of the Russian Black Sea fleet in the Crimea getting in no conflicts. This opinion was expressed by the Ukrainian Minister of Defense Anatoliy Gritzenko on Thursday.

2006-03-07, 21:40

Central Bank reserves climb 3.97% in February

The gold and foreign currency reserves held by Russia`s Central Bank totaled $195.9 billion on March 1, up 3.97% month-on-month, and 7.5% from the beginning of the year, the CBR said Tuesday.

2006-03-07, 09:19

Russia and Sweden plan to 2,4 times increase turnover

Russia and Sweden signed the plan of actions on the development of commercial and economic collaboration during the years of 2006-2007, which was aimed at mutrual turnover increase up to $10 billion, reported the press-service of Russian Economic Development and Trade Ministry.

2006-03-06, 23:18

Boeing steps up pitch for Aeroflot deal

Aviation giant Boeing said Friday that it hoped to win a $3 billion contract to deliver 22 new long-haul planes to flag carrier Aeroflot, even if its rival Airbus has offered a discount.

2006-03-06, 23:03

Klepach: Lenders at risk if oil plunges

Russia`s huge current account surplus could disappear by 2009, potentially threatening a liquidity crunch in the banking system if oil prices slump, the Economic Development and Trade Ministry`s chief forecaster said on Friday.