Archive for January 2011

Foreign investment sought to solve Russia's transport woes

Jan 11th, 2011 | By | Category: Rouble News

The transportation infrastructure in Moscow is expected to receive major investments from foreigners this year in a bid to solve its problems. The Mayor of Moscow, rx Sergei Sobyanin, has invited foreign investors from numerous different countries across the globe to bid in forthcoming tenders which are valued at more than 200 billion roubles. The [...]

Russian football clubs in trouble due to rouble debt

Jan 4th, 2011 | By | Category: Rouble News

Following its winning bid to host the 2018 World Cup, generic Russia has suffered a big blow as several of its football clubs have been forced to pull out of the Russian championship due to financial difficulties. One club, link Saturn Ramenskoye, has pulled out of the championship following a decision by the Moscow region [...]