Russian food price inflation will amount to 6–7 percent in 2010, but annual inflation will be the lowest in the last 20 years, the Kremlin's senior economic aide Arkady Dvorkovich said on Friday.
// Sep. 03, 2010 - 07:49 GMT
Russia's Federal Antimonopoly Service has opened an investigation into a Siberian subsidiary of Russia's top dairy producer Wimm-Bill-Dann, after the firm raised its wholesale prices by 11–17.9 percent while its production costs grew by just 4.5 percent.
// Sep. 03, 2010 - 07:49 GMT
Evraz group, one of Russia's largest steelmakers, made a first half net loss to IFRS of $270 million, down by 73 percent year-on-year, the company said on Thursday.
// Sep. 02, 2010 - 09:10 GMT
Kazakhstan has approved Canada's Uranium One's sale of a controlling stake to Russian state-owned miner Atomredmetzoloto (ARMZ), the deputy head of the Kazakh Ministry of Industry and New Technologies said on Thursday.
// Sep. 02, 2010 - 08:55 GMT
Subsidies for railway grain transportation should be given to farmers, not to transport operators, Russian Railways (RZhD) President Vladimir Yakunin said on Thursday.
// Sep. 02, 2010 - 07:18 GMT
A criminal case has been initiated in Russia against the South Korean company LG Electronics on charges of using illegal software, a leading Russian business daily said on Thursday.
// Sep. 02, 2010 - 07:13 GMT
Russia's gas giant Gazprom's first quarter IFRS net profits tripled to 324.9 billion rubles year-on-year.
// Sep. 02, 2010 - 07:09 GMT
First half net profits at Russia's dairy giant Wimm-Bill-Dann rose by 7.1 percent year-on-year to $69.5 million to US GAAP, the company said on Thursday.
// Sep. 02, 2010 - 06:32 GMT
Russia is considering selling over a billion dollars worth of rough diamonds purchased last year, but has no urgent need to do so, Finance Minister Alexei Kudrin said on Wednesday.
// Sep. 01, 2010 - 08:32 GMT
The Russian Finance Ministry is close to completing a revision of nickel and copper export duties tying them to market prices, Finance Minister Alexei Kudrin said on Wednesday.
// Sep. 01, 2010 - 08:07 GMT