Latest News

Showing 10 of 110 articles
  • by

    Russian Private Equity Market Grows in 2011

    Jan. 18 – Russia saw 15 new private equity funds established last year, but very few newly established and existing funds succeeded in attracting institutional investors, Financial Consulting Group (FCG) says in its report “Private Equity Market in 2011.” The non-food retail sector – clothing retail, children’s clothing and toys, household appliances, and media retail[…..]

  • by

    Investors Come Back to Russia

    Jan. 16 – Russia-focused equity funds attracted US$43 million of inflows in the week to January, 11, equaling about 0.4 percent of the total amount under management, UralSib Financial Corp. said in a report, citing EPFR Global Data. “This is the first week of positive flows in the last eight,” UralSib analyst Slava Smolyaninov said[…..]

  • by

    Social Networking in Russia’s Top 100 Banking Sector in 2011

    Russian banks explode onto social networks: popularity has increased by over 50 times the rate since last year Dec. 27 – According to expert research published on December 21, the combined popularity of bank resources in Russia’s social networks (official Facebook pages, Twitter accounts, etc. ) has increased by over 50 times since last year.[…..]

  • by

    Merged MICEX-RTS Starts Trading

    Dec. 22 – MICEX and RTS, Russia’s two main stock exchanges, started trading on a unified platform with an estimated value of US$4.5 billion in new company assets this Monday. The merger marks the end of competition between the two bourses, allowing them to focus on attracting domestic investors, many of which have been seeking[…..]

  • by

    Russia Ranks 39th in 2011 Financial Development Index

    Dec. 15 – Russia ranks in 39th out of 60 countries in the 2011 World Economic Forum’s Financial Development Index, according to a report published on Tuesday. However, many experts disagree that Moscow is becoming more of a financial hub. The Financial Development Index, launched in 2008, is based on efficiency and size of banking[…..]

  • by

    Report: Russia Claims Highest Economic Crime Rate

    Dec. 2 – Russia has the world’s highest economic crime rate, according to a newly released survey by PricewaterhouseCoopers and The London Business School. The survey shows that the misappropriation of assets remains the most common economic crime (72 percent) with a US$5 million loss reported by 22 percent of the businesses who had encountered[…..]

  • by

    New Issue of Russia Briefing: The Russia-Belarus-Kazakhstan Customs Union

    Nov. 24 –The new issue of Russia Briefing Magazine, titled The Russia-Belarus-Kazakhstan Customs Union, is out now. Nearly two years have elapsed since Russia, Kazakhstan and Belarus boldly began to link their economies by forming a Customs Union planned to evolve into a more ambitious common market by 2012, with Russia as its hub. While[…..]

  • by

    Russia’s Schools and Clinics to be Free from Profit Tax

    Nov. 21 – Russia’s Cabinet has finally approved a list of educational and medical services that are no longer subject to pay profit tax. Authorities believe the move will attract investment and inspire entrepreneurs to set up new schools and hospitals, but the market is predicting only modest results. The law on zero taxes for[…..]

  • by

    Pros and Cons of Russia’s WTO Membership

    Nov. 18 – After roughly 18 years of membership talks, Russia finally looks set to enter the World Trade Organization on favorable conditions, both Russian and international analysts say noting the minor import tariff cuts. The final barrier keeping Russia from the global trade club fell when Russia and Georgia signed an agreement approving Russia’s[…..]

  • by

    Restrictions for Russian Entities Listing Abroad to Last Until 2013

    Nov. 14 – Restrictions on Russian companies that want to list equity on foreign exchanges will not be lifted until a central security depositary is fully implemented, Federal Financial Markets Service (FFSM) Head Dmitry Pankin said on Thursday. Speaking at a Deutsche Bank forum, Pankin said the restrictions on foreign listings could only be removed[…..]

Showing 10 of 110 articles