The Association of European Businesses represents and promotes the interests of European companies conducting business in and with the Russian Federation.
The AEB carries out activities to improve the Russian business and trade environment and to promote economic integration and partnership between the Russian Federation and the European Union.
The AEB is proud to present you with yet another edition of its guide - Step by Step: Living in Russia.
This year's guide gives you detailed information on Russia's region - Yekaterinburg, as well as step by step istructions on traveling with pets and moving valuables to and from Russia, amongst other updates.
To get your own hardcopy of this guide, please contact Irina Aksenova by email ia@aebrus.ru or phone +7 (495) 234 2764 ext. 115
The AEB Real Estate Monitor for the 3rd quarter of 2011
The AEB Real Estate committee is proud to present its Real Estate monitor for the third quarter of 2011.
According to the report - The total investment volume into the Russian commercial real estate in Q3 2011 was almost three times larger than that in the same period of 2010: $852.3 mln against $293 mln. The overall investments into commercial real estate in the first three quarters of 2011 reached $4.896 bln, which exceeds the total investments in 2010 by 17.3% ($4.17 bln).
Ukraine should own a 34 percent stake in any gas transortation consortium with Russia and the EU to manage its gas transportation system, Germany's Sueddeutsche Zeitung newspaper reported on Friday, quoting Ukrainian President Viktor Yanukovych as saying.
Faced with a cold snap, some Gazprom customers in Europe have complained that deliveries of Russian natural gas have declined, but Gazprom said they were asking for above-contract volumes, a Gazprom export official, Sergei Komlev, said on Friday.
Russia's largest oil company, Rosneft, saw 2011 net profit jump 19.7 percent year-on-year to $12.452 billion to US GAAP, the company said in a statement on Friday.
Russian makers of low alcohol beverages have suspended production due to a lack of new excise labels from the Federal Service for Alcohol Market Regulation, Business FM radio station reported.
Hungary's national carrier Malev ceased operations and grounded all its flights on Friday due to inability to cover a $270 million debt after the Hungarian government had stopped financing the airlines.
Russian gas giant Gazprom will build a connection to Montenegro in the South Stream gas pipeline, which is to carry Russian natural gas under the Black Sea to Europe, the company said on Friday.
Bank of Russia First Deputy Chairman Alexei Ulyukayev said on Friday that it would be harder for Russia to reach inflation levels of six percent in 2012 than last year.
Europe has been receiving less Russian gas through Ukraine's pipelines because Russia has cut blue fuel supplies, Ukrainian Energy Minister Yuriy Boyko said on Friday.
The Central Bank of Russia (CBR) will keep its key refinancing rate unchanged at 8 percent annually, and other rates will also remain unchanged, it said following its Friday board meeting.
Russia's central bank kept interest rates and its key refinancing rate unchanged at eight percent amid concerns about the euro zone's economic recovery, the bank said on Friday.
Russian gas export monopoly Gazprom is to increase its gas supplies to Europe and neighboring states as severe cold hits the EU, Gazprom export head Alexander Medvedev said on Thursday.
In a move likely to gain broader public support ahead of the March presidential election, Prime Minister Vladimir Putin on Thursday instructed Russia’s second largest bank VTB to devise a buyback plan for the bank’s IPO stock holders.
Russia must make a gigantic leap forward and become one of the 20 economies with the most favorable investment climate, Prime Minister Vladimir Putin said on Thursday.
The Eurasian Economic Union comprising Russia, Belarus and Kazakhstan should take into account the experience and mistakes of the European Union countries, Prime Minister Vladimir Putin said on Thursday.
Russia’s largest state-owned shipping company Sovcomflot will be the first asset the government may privatize in the spring, an Economics Ministry official said on Thursday.
Russia's economic growth will slow to a snail's pace in coming years without serious structural reforms, New York University Economics Professor Nouriel Roubini said on Thursday.
