Russia's economy grew by a robust 4.9 percent in the first quarter, significantly outperforming forecasts, but economists remained cautious about lifting their growth outlooks for 2012 against the backdrop of a cooling global economy. Russia's economy grew by a robust 4.9 percent in the first quarter, significantly outperforming forecasts, but economists remained cautious about lifting their...

... share at their June 23 meeting, Interfax reported. This change would raise the total dividend payout for 2011 to 67.6 million rubles ($2.1 million), compared with 30.4 million rubles paid out for 2010. The announcement comes following considerable growth for the company, which saw its net profits triple last year to 1.8 billion rubles. Aeroflot is also preparing to give big payments to its shareholders. The company's board of directors agreed to direct 19.2 percent of its net profits for 2011 toward...

... chose new people for all other places in the government. The first appointments to the new government could be held on May 19, a Kremlin official thought, and the rest will be in the "20s." Medvedev formed a "government with room for growth," the official said, with many new and young people. The president promised not to insist on his own candidate, said a source close to the presidential administration. According to the source, Putin chose leaders for only three agencies —...

Russia's economy lost momentum in April after a strong start to the year, with data showing Monday that growth in domestic consumption is now struggling to compensate for weak exports as the global economy deteriorates. Russia's economy lost momentum in April after a strong start to the year, with data showing Monday that growth in...

After considerable growth of retail real estate investment deals in Russia in 2010-11, a major intrigue is the possibility of active expansion of institutional investment deals into regional markets. We already see that such high-quality retail assets as Karnaval in Chekhov...

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...

... suspect in the case. While Thompson said political tension between Britain and Russia could have had some negative consequences for the work of RBCC, he highlighted the opportunities available for British businesses from "blinding" economic growth and the political "common sense" emerging in society. "The U.K. can't exclude Russia because they are looking at Russia as one of the key growth markets for U.K. businesses," he said. He also stressed Russia's large economic...

The Russian real estate market was hit hard by the global economic crisis between 2008 and 2010. Growth has since returned to the market and looks set to continue, although global developments and local bureaucratic issues could create problems. Steve Openshaw Real Estate Group Leader Deloitte CIS The Russian real estate market was hit hard...

... who is demanding consistent delivery of the brand promise and, in the upscale to luxury segments, will define a successful brand as much as the finer points of the product design. In emerging markets such as BRIC countries there will be a significant growth of mid-classes, generating an increase in demand for both business and leisure travel. While much of the development until recently has focused on the upscale and luxury market the greatest potential in these markets lies in the growth of branded...

... year saw a rise in its market share, sending its shares up more than 3 percent. Carlsberg failed to meet first-quarter profit forecasts after the Russian market was hit by beer tax hikes but reiterated that it expected the market to return to modest growth this year after a 3 percent decline in 2011 as consumers who stocked up ahead of the tax rises get buying again. The brewer's Russian market share by volume rose to 37 percent in the first quarter from 36.8 percent in the previous period. The Russian...

... segmentation of the demand has not undergone any considerable changes during the last quarter and still shows an increased demand for apartments in a price segment of up to $6,000 (about 75 percent). Supply In 2011, there was a slow but noticeable and stable growth in the number of free properties in the elite rental market. However, the start of 2012 showed a tendency of decrease in their quantity. During the last three months, the number of properties offered for rent in the elite rental market decreased...

... 178 percent to 55,500 rubles. HR departments have started to feel more confident as interest in corporate education continues to grow in 2012, Klestova-Nadeyeva said. Companies and educational service providers surveyed by Vedomosti corroborated the growth in demand for corporate education. This demand is driven first by stiff competition, secondly by companies' efforts to dominate new markets and thirdly by the desire to motivate the most talented and effective employees' career growth and allegiance...

... living off rising commodity export revenues with not enough industrial and economic reform progress means that the risk premium used in valuation models is very high end, even as, in fact, the country's fiscal strength and relatively strong economic growth point to a lower risk premium and a much higher asset valuation base. For that reason, Russian stocks directly exposed to the relatively fast growing domestic economy are trading at an average discount of 26 percent compared with global emerging...

... services on a large scale. The first research on the matter covered about 80 companies specializing in accounting outsourcing whose total earnings amounted to 32 billion rubles in 2009. The next year, the Russian BPO market demonstrated a 13 percent growth and the total earnings of surveyed companies amounted to 3.8 billion rubles. In 2011, according to the results of the last Expert RA survey, published on May 7, 2012, a 17 percent sustainable growth of the BPO market in Russia was registered. Similarly...

... competitive rating, Russia gets 130th place for road quality, below Angola, Kyrgyzstan and Tajikistan. Expenditures on road construction are growing — from 255 billion rubles ($8.5 billion) in 2005 to 545 billion rubles in 2011. But the rate of growth of automobiles is outpacing road building. Traffic intensity rose 1.8 times over 10 years. Road density in Russia is at six kilometers per 1,000 inhabitants — higher than in India and China (at two kilometers per 1,000 inhabitants), but significantly...

... doubt that socialist Francois Hollande will become the new French president in May. His rival, incumbent President Nicolas Sarkozy, came to power five years ago promising to increase living standards, stability and economic growth. Soon after, the global economic crisis hit, and the measures France and Germany employed to overcome the crisis resulted instead in the economic collapse of Greece and Spain. Few people doubt that socialist...

... that house and protect sensitive electronics and electrical components, as well as protect people that use them. Product Manager for Subracks, Front Panels and Cases category Drive brand awareness in US to achieve 30% growth YOY through developing and implementing marketing campaigns. Developed marketing and promotion plan to double sales of MultipacPro products in 2013 Performed a market need and manufacturing capacity analysis...

... up its fiscal consolidation and consider monetary tightening while oil prices are high and inflation is benign, the Organization for Economic Cooperation and Development said Tuesday. The OECD raised its forecast for Russia's gross domestic product growth to 4.5 percent for this year from an earlier 4.1 percent. It left its 2013 GDP growth forecast unchanged at 4.1 percent. "The government should use high oil prices to accelerate fiscal consolidation and restore the fiscal rules suspended during...

Sberbank posted a 14 percent increase in four-month net profit under Russian accounting standards, with gains partly offset by a rise in bad loan provisions that followed rapid growth in the lender's loan book. Sberbank posted a 14 percent increase in four-month net profit under Russian accounting standards, with gains partly offset by a rise in bad loan provisions that followed rapid growth in the lender's loan book...

... The report also singles out poor water treatment, degradation of agricultural soil and increasing volumes of waste as major challenges facing the country. Proposals in the wide-ranging document include promoting "environmentally oriented economic growth," slashing pollution from industry to levels "of other developed countries" and making environmental education a key part of schools' curriculum. Businesses may face compulsory environmental impact assessments for new developments...