Rostelecom Mulls Up to $4Bln Investment in Mobile NetworksNational operator Rostelecom could invest $3 billion to $4 billion to develop mobile networks in the next four years as the state-run company seeks a bigger share of the wireless Internet market. |
Grain Priced Out of TenderRussia lost the latest wheat tender in Egypt because it offered the cereal for nearly 12 percent more than the winning bid from the United States. |
Renaissance Sees Outflows EndRussia probably won't see net outflows of capital this year as election-related concerns subside, according to Renaissance Capital. |
New Property Tax a Work in ProgressIf the government's plans come to fruition, this year will be spent completing property evaluations across the country according to market-based standards, paving the way for the implementation of a new property tax, which could partially enter into force as early as 2013. |
New Traffic Reduction Measures in WorksDrivers groups have reacted with anger to a radical Transportation Ministry plan that proposes making driving more expensive in a bid to lower the burden on Russia's overcrowded roads. |
Moskva Hotel Relaunches as MallA slew of Moscow real estate players unveiled a reconstructed Moskva Hotel on Tuesday, relaunching the premier Soviet hotel as a commercial center with 70 shops, a department store, underground parking and a hotel. |
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