Business Watch
Russian oil giant Rosneft and Italian tire maker Pirelli have agreed to open a Pirelli tire store at a Rosneft filling station in the Black Sea resort of Sochi, Rosneft said on Monday.
First quarter investment in the Russian commercial real estate market soared to a record high of $2.4 billion, a figure nearly 25 times higher than the first quarter of 2012 and almost three times higher than the previous record in 2006.
Russia plans to offer Chinese investors participation in joint natural resources projects and is ready to give Beijing access to Russian mineral deposits, First Deputy Prime Minister Igor Shuvalov said on Wednesday.
Russian Defense Minister Sergei Shoigu on Monday criticized as totally unacceptable the existing practice of 100 percent prepayment for state defense contracts.
The Russian government approved a bill on Thursday easing foreign investment in strategic sectors of the economy.
By Ben Kramer-Miller
Originally published by Seeking Alpha the investor newsletter
In this article I discuss the benefits and risks of investing in Russia. Since its 1995 inception the RTS Index of 19 large cap stocks traded in Russia has been one of the best performing indexes in the entire world increasing in value from 100 to roughly 1500.