Russian Standard, MDM Bank merge ATM networks
Russian Standard and MDM Bank have merged their ATM networks for cash withdrawal operations.
Russian Standard and MDM Bank have merged their ATM networks for cash withdrawal operations.
Published: 17.05.2012 11:49
Central Bank revokes Sembank’s licence
The Russian Central Bank has revoked the banking licence of Moscow-based Sembank (registration No. 2606) with its resolution dated May 16, 2012.
The Russian Central Bank has revoked the banking licence of Moscow-based Sembank (registration No. 2606) with its resolution dated May 16, 2012.
Published: 17.05.2012 11:47
Central Bank revokes Holding Credit’s licence
The Russian Central Bank has revoked the banking licence of Moscow bank Holding Credit (registration No. 3030) with its resolution dated May 16, 2012.
The Russian Central Bank has revoked the banking licence of Moscow bank Holding Credit (registration No. 3030) with its resolution dated May 16, 2012.
Published: 17.05.2012 11:46
Russia’s defence contracts executed by 96% in 2011
The Russian Defence Ministry executed the state defence contracts for 2011 by 96.3%.
The Russian Defence Ministry executed the state defence contracts for 2011 by 96.3%.
Published: 17.05.2012 11:44
Net capital outflow from Russia reaches $42bn in four months
Net capital outflow from Russia reached $42bn in January-April 2012, Central Bank Chairman Sergei Ignatyev said at the “government hour” at the State Duma.
Net capital outflow from Russia reached $42bn in January-April 2012, Central Bank Chairman Sergei Ignatyev said at the “government hour” at the State Duma.
Published: 17.05.2012 11:43
Central Bank “determined” to keep inflation within 5%-6%
The Russian Central Bank hopes that it will be possible to keep the year’s inflation rate within the official forecast range of 5%-6% despite the expected surge in prices after the indexing of regulated tariffs on July 1, 2012.
The Russian Central Bank hopes that it will be possible to keep the year’s inflation rate within the official forecast range of 5%-6% despite the expected surge in prices after the indexing of regulated tariffs on July 1, 2012.
Published: 17.05.2012 11:41
Novatek’s profit up 14% in first quarter
Novatek’s net profit under Russian Accounting Standards grew 14.2% in the first quarter of 2012 compared to the same period of last year, to RUR16.079bn ($519.08mn, or €408.8mn) from RUR14.083bn, according to the quarterly financial statement of Russia’s largest independent gas producer.
Novatek’s net profit under Russian Accounting Standards grew 14.2% in the first quarter of 2012 compared to the same period of last year, to RUR16.079bn ($519.08mn, or €408.8mn) from RUR14.083bn, according to the quarterly financial statement of Russia’s largest independent gas producer.
Published: 17.05.2012 11:39
AvtoVAZ manufactures 27 million vehicles
The twenty-seven-millionth car rolled off the production line at Russia’s leading car manufacturer AvtoVAZ on May 16 in a ceremony chaired by AvtoVAZ President Igor Komarov and Samara Region Governor Nikolai Merkushkin.
The twenty-seven-millionth car rolled off the production line at Russia’s leading car manufacturer AvtoVAZ on May 16 in a ceremony chaired by AvtoVAZ President Igor Komarov and Samara Region Governor Nikolai Merkushkin.
Published: 17.05.2012 11:37
Russia amends 2012 budget, cuts deficit 92%
Russia is amending its federal budget for 2012, cutting deficit 92% to RUR68.1bn ($2.2bn, or €1.7bn).
Russia is amending its federal budget for 2012, cutting deficit 92% to RUR68.1bn ($2.2bn, or €1.7bn).
Published: 17.05.2012 11:36
Regulator approves United Shipbuilding Corporation’s bid for shipyard stakes
The Federal Anti-trust Service (FAS) has approved United Shipbuilding Corporation’s bid for stakes in three St Petersburg shipyards.
The Federal Anti-trust Service (FAS) has approved United Shipbuilding Corporation’s bid for stakes in three St Petersburg shipyards.
Published: 17.05.2012 11:34
Contract for Vnukovo International Airport maintenance totals $43mn
The state enterprise managing civil airports has called a tender to choose general contractor for maintenance operations at Moscow’s Vnukovo International Airport. The maximum contract price is RUR1.33bn ($42.9mn, or €33.8mn), reads a statement on the official procurement site.
The state enterprise managing civil airports has called a tender to choose general contractor for maintenance operations at Moscow’s Vnukovo International Airport. The maximum contract price is RUR1.33bn ($42.9mn, or €33.8mn), reads a statement on the official procurement site.
Published: 17.05.2012 11:32
Head of Moscow’s department of consumer rights regulator faces dismissal
The dismissal of Nikolai Filatov, head of Moscow’s department of the consumer rights regulator, for violating the anti-corruption law does not necessarily require criminal prosecution. His dismissal may be his only punishment.
The dismissal of Nikolai Filatov, head of Moscow’s department of the consumer rights regulator, for violating the anti-corruption law does not necessarily require criminal prosecution. His dismissal may be his only punishment.
Published: 17.05.2012 11:30
Regulator dissatisfied with Ukrainian cheese quality
Experts of Russia’s consumer rights service have found technological flaws during laboratory checks of cheese produced at the two Ukrainian plants which were recently cleared to restart exports to Russia.
Experts of Russia’s consumer rights service have found technological flaws during laboratory checks of cheese produced at the two Ukrainian plants which were recently cleared to restart exports to Russia.
Published: 17.05.2012 11:28
Last year Russia increased international development aid 8.8% y-o-y
Last year, Russia increased allocations for international development aid 8.8%, to $514mn, Acting Deputy Finance Minister Sergei Storchak said when presenting the Russian portion of the G8 report on international development assistance.
Last year, Russia increased allocations for international development aid 8.8%, to $514mn, Acting Deputy Finance Minister Sergei Storchak said when presenting the Russian portion of the G8 report on international development assistance.
Published: 17.05.2012 11:26
Moody’s downgrades Intesa bank’s Russian subsidiary
Moody’s Investors Service has downgraded the long and short-term local and foreign currency deposit ratings of Banca Intesa (Russia) from Baa3/Prime-3 to Ba1/Not Prime, with a stable outlook.
Moody’s Investors Service has downgraded the long and short-term local and foreign currency deposit ratings of Banca Intesa (Russia) from Baa3/Prime-3 to Ba1/Not Prime, with a stable outlook.
Published: 17.05.2012 11:23













