Russian car sales rose 14 percent year on year in April, slightly more than the 13 percent growth rate seen in March, the Association for European Businesses said Saturday.
"The solid growth of the Russian automotive market continues into the second quarter," David Thomas, head of the AEB's auto committee, said in a statement. "Although the pace of the year-on-year growth is stabilizing to less than 15 percent in recent months, we still feel that...
... models based on the Renault vehicle platform.
While the tentative accord is a "solid step" toward alliance control of AvtoVAZ, "it should by no means be taken for granted that the deal will progress smoothly to its conclusion," IHS Automotive analyst Tim Urquhart said. "There's little doubt that the relationship between Renault and AvtoVAZ has been fraught with management, financial and legal difficulties," he said.
Under the agreement, Renault-Nissan would buy out Troika...
... statement.
According to the statement, “this option suggests a significant increase in the efficiency parameters of the economy,” with labor capacity more than doubling by 2030 from the 2010 level and the joint share of telecommunications, automotive construction and the knowledge-based sectors growing 80 percent.
With an average GDP growth of about 4.4 percent a year, Russia will become the world’s fifth-largest economy by 2021, having moved from its current sixth place, the statement...
... to contribute $1 billion into the fund.
"Given that the fund only obtained registration in January, we're satisfied with the pace at which we're moving," Dmitriyev said, adding that the fund is also eyeing new projects in forestry and the automotive construction industry.
But some economists doubted that the RDIF would be able to accomplish its goal of creating a comfortable environment for foreign investors.
"The RDIF's participation in the deal with InterRAO is a classic example...
Sweden’s Loreen won the Eurovision Song Contest in Azerbaijan on Sunday before an international TV audience of 100 million, days after angering Azeri authorities by meeting rights activists critical of the host country’s human rights record.
Ukraine's ruling party has triggered violent protests with a move to upgrade the official role of Russian, a sensitive issue opponents say will split the country.
A manager for the Aeroexpress train service faces fraud charges after being caught taking a bribe in exchange for extending a shop's lease at Sheremetyevo Airport, police said.
A Russian cargo ship loaded with weapons is en route to Syria and was due to arrive at a Syrian port over the weekend, Al Arabiya television said in a report that Western diplomats in New York described as credible.
President Vladimir Putin will travel to Belarus on May 31 for his first foreign visit since taking office earlier this month, followed by a trip to Germany and France.
Diplomas from 210 foreign universities will now be acknowledged in Russia without an additional state evaluation, according to a government order published Friday by Rossiiskaya Gazeta.
The movement that gave us rallying cries like "for fair elections" and "Putin thief!" may have found a new slogan to add to their repertoire: "cigarettes and alcohol."
In "The Godfather," author Mario Puzo describes criminal boss Don Corleone's organization as a highly centralized money-making machine. The Godfather is the CEO of an underground business empire, a kind of shadowy Henry Ford who collects all the money and makes all the decisions.
A tabloid claims that Russian intelligence agencies are investigating the possibility that the U.S. military may have brought down the Sukhoi Superjet that crashed in Indonesia.
A 46-year-old furniture magnate was killed with six gunshot wounds to the head and chest early Sunday as he arrived in his Mercedes at his home in the Moscow region.
President Vladimir Putin on Monday announced the makeup of the new Cabinet answering to Putin and Prime Minister Dmitry Medvedev, with three-fourths of the members having been replaced.
Russia's group Buranovskiye Babushki has made it into the finals of the Eurovision Song Contest in Baku, Azerbaijan, bringing the elderly folk singers from a far-off Russian village to the attention of more than 100 million viewers around the world.
Prime Minister Dmitry Medvedev insisted that the “reset” was still on during a meeting with U.S. President Barack Obama on the sidelines of a weekend G8 summit at Camp David.
Sweden’s Loreen won the Eurovision Song Contest in Azerbaijan on Sunday before an international TV audience of 100 million, days after angering Azeri authorities by meeting rights activists critical of the host country’s human rights record.
As Moscow gears up to celebrate its victory in World War II, 67 years ago Wednesday, the shadow of political conflict shrouds the capital as hundreds of arrests cloud Victory Day festivities.
A stunning 121-megapixel snapshot of the Earth was taken by a Russian weather satellite in what is thought to be the highest resolution picture of the planet ever taken from space.
Search and rescue helicopters and volunteers struggling through thick forest and mountainous terrain spotted bodies but no survivors on the Indonesian mountainside where a Sukhoi Superjet 100 crashed by the time darkness forced an end to the search Thursday night.
Moscow’s sky was back to normal Friday after a mysterious green cloud that descended on part of the city and prompted emergency calls from residents fearing a chemical spill had dissipated.
A tabloid claims that Russian intelligence agencies are investigating the possibility that the U.S. military may have brought down the Sukhoi Superjet that crashed in Indonesia.
A 46-year-old furniture magnate was killed with six gunshot wounds to the head and chest early Sunday as he arrived in his Mercedes at his home in the Moscow region.
Three thrill-seekers who climbed two Vladivostok bridges earlier this week and took photos from the top were fined 300 rubles ($10) each for trespassing.
President Vladimir Putin on Monday announced the makeup of the new Cabinet answering to Putin and Prime Minister Dmitry Medvedev, with three-fourths of the members having been replaced.
A dark cloud was cast Wednesday on the revival of Russia’s aviation industry when a Sukhoi-built Superjet 100 with 50 people on board disappeared from the radar screens of Indonesian flight controllers.
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