VTB Capital bought Interros Holding’s 19.3 percent of Rosbank, which is controlled by Societe Generale, VTB said Monday.(Bloomberg)
A second trans-Siberian railway line may have to be built to handle increasing freight traffic, Russian Railways said Monday, saying the proposed BAM-2 link may cost 448 billion rubles ($14.3 billion). (Bloomberg)
Aeroflot closed Monday at 83.94 rubles, up 1.9 percent, after the airline said it boosted net income 65 percent to $281 million in the first nine months, and revenue rose 28 percent to $3.16 billion. (Bloomberg)
Norilsk Nickel said Monday that it plans to restart its Lake Johnston nickel mine in Western Australia in the first half of 2011.(Bloomberg)
Russia Post is in talks with Poste Italiane on creating a postal bank in Russia, Vladimir Dmitriyev, head of VEB, told reporters Monday in Khabarovsk. (Bloomberg)