Russia to join ASEM in October
Russia will become a full member of the Asia-Europe Meeting (ASEM) in October 2010, Russian Foreign Minister Sergei Lavrov said at a meeting on the development of the Russian Far East chaired by President Dmitry Medvedev.
Russia will become a full member of the Asia-Europe Meeting (ASEM) in October 2010, Russian Foreign Minister Sergei Lavrov said at a meeting on the development of the Russian Far East chaired by President Dmitry Medvedev.
Published: 02.07.2010 18:56
Over $48mn to be invested in Novosibirsk technology park
Over RUR1.5bn ($48mn, or €39.2mn) of budget funds will be invested in building a technology park in the science town Akademgorodok, where Russian high tech booms, in the suburbs of Novosibirsk, the largest city in Siberia. It is one of the key investment projects in the region.
Over RUR1.5bn ($48mn, or €39.2mn) of budget funds will be invested in building a technology park in the science town Akademgorodok, where Russian high tech booms, in the suburbs of Novosibirsk, the largest city in Siberia. It is one of the key investment projects in the region.
Published: 02.07.2010 18:10
Transition from budget to state programmes possible in three years
The Economic Development Ministry will forward its proposals on state programmes to the government within two weeks, said Minister Elvira Nabiullina.
The Economic Development Ministry will forward its proposals on state programmes to the government within two weeks, said Minister Elvira Nabiullina.
Published: 02.07.2010 14:35
Government to gradually stop supporting pivotal enterprises
Instead of providing financial assistance to pivotal enterprises in single-company towns, the government will issue state guarantees for large projects in manufacturing, said Economic Development Minister Elvira Nabiullina.
Instead of providing financial assistance to pivotal enterprises in single-company towns, the government will issue state guarantees for large projects in manufacturing, said Economic Development Minister Elvira Nabiullina.
Published: 02.07.2010 14:33
Moscow airports to be managed by one company
Russian authorities are searching for a single asset management company for the Moscow hub’s airports, said Economic Development Minister Elvira Nabiullina.
Russian authorities are searching for a single asset management company for the Moscow hub’s airports, said Economic Development Minister Elvira Nabiullina.
Published: 02.07.2010 14:31
Some 70% of Ingria business incubator occupied
The Ingria business incubator, which is part of the St Petersburg Technopark, continues to expand and accept new residents. In June, another five IT investment projects, i.e., Ecoteco, e-Shtab, IQ, Copysprint and IT Brain, were added to it bringing the total to 28 residents.
The Ingria business incubator, which is part of the St Petersburg Technopark, continues to expand and accept new residents. In June, another five IT investment projects, i.e., Ecoteco, e-Shtab, IQ, Copysprint and IT Brain, were added to it bringing the total to 28 residents.
Published: 02.07.2010 14:11
Tambov Region to set up tourism zone
The government of the Tambov Region in central European Russia discussed prospects for developing the tourism business in the region. With rural tourism holding much promise, it was decided to set up a multifunctional zone in the region called The Symphony of Russia’s Expanses.
The government of the Tambov Region in central European Russia discussed prospects for developing the tourism business in the region. With rural tourism holding much promise, it was decided to set up a multifunctional zone in the region called The Symphony of Russia’s Expanses.
Published: 29.06.2010 18:04
Federal government to finance Novosibirsk business incubator
Russia's third-largest city after Moscow and St Petersburg, Novosibirsk, plans to set up a business incubator centre. The project will be financed through an inter-budgetary transfer from the federal budget.
Russia's third-largest city after Moscow and St Petersburg, Novosibirsk, plans to set up a business incubator centre. The project will be financed through an inter-budgetary transfer from the federal budget.
Published: 29.06.2010 17:59
Russia proposed hosting G20 summit in 2013
Russia has proposed hosting the 2013 summit of the world’s 20 leading economies, presidential aide Arkady Dvorkovich said.
Russia has proposed hosting the 2013 summit of the world’s 20 leading economies, presidential aide Arkady Dvorkovich said.
Published: 29.06.2010 14:11
Russian president calls for special levy on oil companies to fight pollution
Russian President Dmitry Medvedev called at the G20 summit in Toronto, Canada, on Sunday for a special levy on oil companies to finance a fund to help clean up environmental disasters such as BP’s oil spill in the Gulf of Mexico, Reuters reports.
Russian President Dmitry Medvedev called at the G20 summit in Toronto, Canada, on Sunday for a special levy on oil companies to finance a fund to help clean up environmental disasters such as BP’s oil spill in the Gulf of Mexico, Reuters reports.
Published: 28.06.2010 18:55
Russia unlikely to join WTO before spring 2011
Russia is unlikely to join the World Trade Organisation before spring 2011, presidential aide Arkady Dvorkovich said adding that the delay is due to technical problems.
Russia is unlikely to join the World Trade Organisation before spring 2011, presidential aide Arkady Dvorkovich said adding that the delay is due to technical problems.
Published: 28.06.2010 18:54
Vologda Region boosts foreign trade
The foreign trade of the Vologda Region increased 17.7%, to $1.066bn in January through April this year. Export went up 29.8%, to $990mn, while import plummeted 47%, to $75.7mn.
The foreign trade of the Vologda Region increased 17.7%, to $1.066bn in January through April this year. Export went up 29.8%, to $990mn, while import plummeted 47%, to $75.7mn.
Published: 28.06.2010 18:41
42% of Novgorod Region enterprises report losses
A positive consolidated balance of the Novgorod Region enterprises totalled RUR2.55bn ($82.1mn, or €66.5mn) in 2010. Total profit amounted to RUR4.0761bn ($131.2mn, or €106.3mn), while the aggregate loss equalled RUR1.5261bn ($49.1mn, or €39.8mn).
A positive consolidated balance of the Novgorod Region enterprises totalled RUR2.55bn ($82.1mn, or €66.5mn) in 2010. Total profit amounted to RUR4.0761bn ($131.2mn, or €106.3mn), while the aggregate loss equalled RUR1.5261bn ($49.1mn, or €39.8mn).
Published: 28.06.2010 18:39
Russia’s GDP up 4% in January-May
Russia’s GDP in May 2010, excluding seasonal factors, amounted to 0.4% compared to April 2010 and 5.8% compared to May 2009, reads the survey of the Russian economy in January to the end of May 2010 prepared by the Economic Development Ministry.
Russia’s GDP in May 2010, excluding seasonal factors, amounted to 0.4% compared to April 2010 and 5.8% compared to May 2009, reads the survey of the Russian economy in January to the end of May 2010 prepared by the Economic Development Ministry.
Published: 28.06.2010 13:41
Investment in funds buying Russian and CIS shares up 350% over week
From June 17 to 23, the inflow of capital into the funds that invest in the shares of Russia and the CIS grew 350%, to $125mn from $28mn.
From June 17 to 23, the inflow of capital into the funds that invest in the shares of Russia and the CIS grew 350%, to $125mn from $28mn.
Published: 28.06.2010 13:40
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