Silk Road Economic Belt climbs up President Xi Jinping’s agenda

Silk Road Economic Belt: China’s President Xi Jinping  today pledged to  accelerate plans to resurrect the old…

Victor Kharitonin buys into Nürburgring German FI race track

Victor Kharitonin, the Russian billionaire,  has bought a majority stake in the Nürburgring German Formula One race track…

RT launches UK channel and looks at German and French versions

RT,  the state-run TV broadcast channel formerly known as Russia Today,  has launched a London-based news…

Bouygues appointed to build Baku Metro tunnel

France’s Bouygues Travaux  has been appointed  to build a new tunnel at the 28 May station in…

Gerry Weber to terminate Russian franchise agreements

Gerry Weber, the German clothing manufacturer Gerry Weber is considering terminating its Russian franchise agreements. It is…

RusVinyl to expand Kstovo petrochemical operations

RusVinyl: The petrochemical joint venture between Russia’s Sibur and Belgium’s Solvay is considering expanding  the operations of the…

Mistral helicopter carrier contract suspended by Hollande

Mistral helicopter carrier contract suspended: French President Francois Holland has bowed to international pressures and suspended the supply…

Rotterdam oil terminal to go ahead despite protests

Rotterdam oil terminal: The Russian Summa construction company is to go ahead and build a €750m oil terminal…

Snoozebox football village proposed for World Cup

Snoozebox football village: World Cup organisers in Saransk have signed a preliminary deal with Britain’s Snoozebox company to build…

European reliance on Russian gas to last ten years

European reliance on Russian gas: The international rating agency Fitch predicted this week that countries in…

Baku Metro equipment contract goes to Thalys

Baku Metro equipment contract: France’s Thalys has won the contract to supply Baku Metro control and signalling…

VTB sets sights on Roberto Cavalli fashion house

Roberto Cavalli: The VTB Group’s investment arm VTB Capital is negotiating the acquisition of a controlling stake in Italian…

Russian EU import ban may call for Swiss solution

Russian EU import ban: It is being reported that EU food exporters are considering smuggling milk…

Glencore in line to modernise Tajik Aluminium Company

Tajik Aluminium Company: Glencore, the world’s largest supplier of commodities and rare earth materials, is planning…

Russian UK asset withdrawal accelerates after plane tragedy

Russian UK asset withdrawal: Several businessmen close to President Vladimir Putin have begun withdrawing their assets…

US leads Kazakhstan FDI table while Holland pulls back

Kazakhstan FDI: The US was the largest investor in Kazakhstan in the first quarter of the…

Malofeyev to build first Russian history theme park

Russian history theme park: Billionaire Konstantin Malofeyev has signed an agreement with France’s Puy du Fou International to build…

Titanium Valley pulls in Figeac Aero

Titanium Valley: France’s  Figeac Aero is to partner VSMPO AVISMA in the machining of titanium parts and manufacture of finished…

Miratorg cattle hides to be used in European car interiors

Miratorg cattle hides: Miratorg Agribusiness, one of Russia’s leading pork and beef producers, is planning to market…

Unode50 and Inventive Retail in franchise deal

Unode50 and Inventive Retail: Spanish jewellery retailer Unode50 has granted the Inventive Retail Group  the exclusive right to open…

Moscow Dynamo stadium contract goes to Italians

Moscow Dynamo stadium: The €520m contract to build a new 27,000-seat stadium for the Moscow Dynamo football…

New Moscow Mercedes plant for Daimler

Moscow Mercedes plant: Daimler, the German car manufacturer, has decided to produce top-of-the-range Mercedes sedans in…

Sheremetyevo airport privatisation enters new phase

Sheremetyevo airport privatisation: The Russian Government has appointed Germany’s Deutsche Bank as its agent for the sale of its…

Zurich Group pulls out of Russian retail insurance

The Zurich Group has decided to sell its Russian retail insurance arm to the Olma Investment Group for…