BMIR # 7

2008-05-15 09:35:22  From May 25 through August 25, 2007, Moscow hosts an exhibition of historical jewellery by the famous French company Cartier, which is on display at the Assumption Cathedral of Moscow’s Kremlin.

2008-05-07 10:28:41  The news conference by Sergei Ivanov, Russia’s first deputy prime minister, hosted by Interfax news agency on May 24, has been discussed as a “presidential bid,” and probably rightly so.

2008-05-07 10:21:47  Fixed capital investment in 2007 in the Tula Region will total RUR26bn ($1.01bn, or €745.2mn), the region’s Governor Vyacheslav Dudka said in an exclusive interview with an FC Novosti correspondent. He said a strategy of socio-economic development until 2025 would be developed for the Region as a necessary element of state planning and management at the current stage.

2008-05-15 09:33:14  “The harvest will be at least the same as last year, but we are facing many issues, including unfair competition,” says Russia’s Agriculture Minister Alexei Gordeyev in an exclusive interview with BM’s Alexei Podymov.

2008-05-07 09:56:14  Heated debates with economy-related ministers in the government seen at the cabinet’s meeting with the president received its logical continuation. It has been decided to set up a Russian development bank. The new large stateowned player on the stock market is expected to start working this autumn and, apparently, will be able to take part in additional issues and initial public offerings of some leading companies.

2008-05-07 09:51:08  Recently, the venture sector of the Russian economy is becoming increasingly popular with the foreign financiers. It has been growing and, importantly, bringing almost guaranteed handsome profits.

2008-05-07 09:43:57  The last liquid asset of Yukos, once the darling of the Russian oil sector which was declared bankrupt last August, was auctioned on May 11 in Moscow. An obscure company Prana paid more than RUR100bn (about $4bn) for the 22-floor Yukos Headquarters at the Paveletskaya Railway Terminal.

2008-05-15 09:30:53  While the private aviation market soars like never before, many companies are looking east, especially to Russia.

2008-05-19 13:17:05  Three young entrepreneurs have taken it upon themselves to combine Swiss watch-making know-how with Soviet submarine technology. The result? A unique, waterproof watch that athletes - and posers - are wrapping around their wrists.

2008-05-07 09:06:45  The May summit of the Russian, Kazakh and Turkmen leaders showed that the Russian plan of developing and exporting energy resources of the post-Soviet countries is the best.