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    Daimler Trucks Expands its Local Presence in Russia

    Mar. 31 – Daimler AG and Russia’s investment bank Troika Dialog have signed a memorandum of understanding regarding the strengthening of Daimler’s role in the Russian truck manufacturer KAMAZ, through the acquisition of five percent of the KAMAZ shares held by Troika Dialog. Under this plan, Daimler AG and the European Bank for Reconstruction and[…..]

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    Retail Giant Auchan to Declare 2009 Turnover in a Court Ruling

    Mar. 30 – French retail giant Auchan, which has never publicized its financial indicators in Russia, has now been compelled to do so in a judicial dispute with tax inspectors. The operational company of the hypermarket network Auchan, is trying to challenge the decision of the Moscow branch of The Russian Federal Tax Service (FTS)[…..]

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