The president of railroad monopoly Russian Railways (RZD) said the company intended to establish a new major railroad transportation company to attract investment.
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The European Bank for Reconstruction and Development (EBRD) plans to invest more than $500 million in Russia's financial sector in 2006, a senior EBRD's official said.
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While foreign banks are likely to increase their presence in Russia, their share on the Russian market is unlikely to exceed 15% in the near future
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Russia banned poultry imports from a number of Danish and French regions after an outbreak of Newcastle disease November 1, said the Agriculture Ministry.
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Russia and the European Union signed an agreement on trade in certain steel products for 2005-06, the Ministry of Economic Development and Trade said.
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Russia's largest state-owned savings bank Sberbank and the Dutch export agency Atradius Dutch State Business N.V. have signed a cooperation agreement
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The CIS Electricity Union member states agreed during a session in the Georgian capital to create a common electricity market, according to the head of the Russian electricity monopoly.
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