Russia's average spot prices for gasoline rose by 1.1–1.7 percent last week despite a high export duty imposed by the government to stabilize the domestic market, Vedomosti daily reported on Tuesday.
// Jul. 19, 2011 - 08:45 GMT
Russia's consumer rights watchdog Rospotrebnadzor criticized Russian grocery chain Seventh Continent on Tuesday for failure to eliminate food hygiene violations.
// Jul. 19, 2011 - 07:45 GMT
Russia's Economic Development Ministry hopes to sell off a 10 percent share package of the RusNano hi-tech government corporation in its new privatization plan, Economic Development Minister Elvira Nabiullina said on Monday.
// Jul. 18, 2011 - 07:52 GMT
Russia's VTB group, which includes the country's second largest VTB bank, saw first quarter net profits jump 70.6 percent year-on-year to 26.1 billion rubles ($932 million) to IFRS, the group said on Monday.
// Jul. 18, 2011 - 07:44 GMT
Italy's auto giant Fiat has given up plans to construct a plant in the central Russian city of Nizhny Novgorod and is considering the Caucasus or St. Petersburg as alternative production sites, Kommersant business daily reported on Monday.
// Jul. 18, 2011 - 07:31 GMT
Russia and the United States during the World Trade Organization (WTO) talks could not reach an agreement on meat imports, Russian Economic Development Minister Elvira Nabiullina said.
// Jul. 18, 2011 - 07:00 GMT
Russia will not cancel its new car assembly rules for foreign companies for the sake of jointing the World Trade Organization (WTO), Prime Minister Vladimir Putin said on Friday.
// Jul. 15, 2011 - 08:59 GMT
Russia may build a third link in the Nord Stream gas pipeline intended to bring Russian natural gas to Germany on the Baltic seabed, Russian Prime Minister Vladimir Putin said on Friday.
// Jul. 15, 2011 - 08:34 GMT
Russian businessman Vitaly Yusufov, Bank of Moscow's second largest shareholder, has asked the central bank to allow him to increase his 19.91 percent share to a blocking stake, Kommersant business daily quoted Yusufov as saying on Friday.
// Jul. 15, 2011 - 08:01 GMT
Russian power generating company Kvadra, formerly TGK-4, posted a 2.4 billion ruble ($85.71 milllion) 2010 net profit to IFRS, the company said on Thursday.
// Jul. 14, 2011 - 07:46 GMT