Support The Moscow Times!

PIK Boosts Cash Collections

PIK Group said Wednesday that it more than doubled residential cash collections to 12.8 billion rubles ($423 million) in the first half, compared with a year earlier. In Moscow, cash collections, which exclude offsets with suppliers, rose 18-fold to 4.45 billion rubles, PIK said.

(Bloomberg)


Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.