The World Bank is planning to increase financing for targeted government programs to develop technoparks in Russia, Information Technologies & Communications Minister Leonid Reyman told reporters on Wednesday.
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Rosneft, a state-owned Russian oil company, will be fully privatized over the next three to ten years, Igor Shuvalov, aide to Russian President Vladimir Putin, told reporters on Monday
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Gazprom is considering building a second branch of its Blue Stream natural gas pipeline southward, the Russian energy giant’s chief executive said Thursday.
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Gazexport, an export arm of Russian energy giant Gazprom, may prolong an agreement with Gaz de France on natural gas supplies until 2020, the company's first deputy director said Thursday.
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Accession to the World Trade Organization by either Russia or Belarus may hinder the creation of a customs union between the two post-Soviet nations, a Russian official involved in the integration process said Thursday.
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Siemens is planning to sign a contract with Russian Railways (RZD) before February 2007 to service eight high-speed trains, Ilya Timofeyev, head of the German company's Transport Equipment department, told reporters on Tuesday in Moscow.
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The Russian Agricultural Bank (Rosselkhozbank) and Germany's AKA Export Finance Bank have signed a cooperation agreement on the credit financing of foreign trade operations, Rosselkhozbank said Monday.
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Russia’s trade balance surplus was $100.1 billion from January to July 2006, up 27.4 percent from $78.6 billion in the same period last year, the Federal Customs Service reported.
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