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    Talks Concerning Russian Pipeline through Korean Peninsula to Continue

    Feb. 7 – North Korea’s new leadership supports an agreement on the proposed extension of a Russian pipeline into North and South Korea. Kim Jong-un, North Korea’s recently appointed 29-year-old “supreme leader of the party, state and army” is looking favorably to gas pipeline construction from Russia that would run across the Korean Peninsula, Russian[…..]

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    Russian Gold Production Increases, but Fails to Meet Expectations

    Feb. 6 – Russian gold production rose 3.6 percent year-on-year in 2011 to 209 metric tons, but below an earlier forecast, data published on Wednesday by the Gold Industrialists’ Union industry lobby showed. The union expected Russia to produce 211 tons of gold last year – up from 202 tons in 2010 – of which[…..]

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    Russia to Become Europe’s Second Largest Retail Market

    Feb. 3 – Russia is to become Europe’s second largest retail market with sales in 2011 amounting to US$621 billion, according to Euromonitor International, and may become the largest market in Europe by 2013-2014. Retail sales in Russia rose 9.5 percent year-on-year in December, compared to 2.6 percent growth in the UK.

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    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.[…..]

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    Toyota Corp. to Open Dealerships in Far East Russia by Next Summer

    Dec. 23 – Toyota Motor Corp. plans to open new authorized dealer’s centers in the Far East Russian cities of Khabarovsk, Vladivostok and Nakhodka by summer of 2012, President of Toyota Motors Russia Takeshi Isogaya said in a statement released to the press. Dealer’s centers would be established in concentrated areas within the cities already[…..]

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    Russia Briefing Now Accessible in Mobile App

    Free app brings Russia Briefing to your fingertips Dec. 16 – The brand new Asia Briefing mobile application brings the latest business news and foreign investment insights from Russia Briefing web site right to your fingertips. The free app integrates with legal and tax regulatory updates from Dezan Shira & Associates, along with China, India,[…..]

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    Details on Russia’s Real Estate Deals Soon Available Online

    Nov. 16 – The Federal Service for State Registration, Cadaster and Cartography, known as Rosregister, will launch a new online service providing information about each real estate deal that has been made in every Russian region. Information about all registered real estate deals since 1999 will also be published in the new portal. For example,[…..]

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    Russia Set to Return to Deep Space after 15 Years

    Nov. 9 – Russia is preparing for a historic return to deep space with the launch of the Phobos-Grunt spacecraft on Wednesday on an ambitious and risky three-year US$163 million mission to bring back a soil sample from the Red Planet. The launch is scheduled for 12:16 a.m. Moscow time this Wednesday (20.16 GMT Tuesday),[…..]

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    Russian Companies to Break into Brazilian Market

    Nov. 8 – The Russian gas giant Gazprom opened an office in Rio de Janeiro last week, while another Russian oil producer TNK-BP announced an agreement to buy 45 percent of the Solimoes Basin project for US$1 billion from the Brazilian HRT Participacoes em Petroleo. TNK-BP and HRT Participacoes em Petroleo will jointly produce oil[…..]

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    South Koreans to Energize 2014 Winter Olympic Games in Sochi

    Nov. 4 – Russia and South Korea are teaming up to develop a tourism hub in the mountainous North Caucasus region and Korean investors have signed on to contribute US$1 billion towards the US$30 billion project. The state-run OJSC Northern Caucasus Resorts Company (NCRC) signed a joint venture agreement with Korean Western Power Co. (KOWEPO)[…..]

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