Archive for May 2013

Russia becoming top retail destination

May 22nd, 2013 | By | Category: Featured

Retailers have long acknowledged the importance of the Russian market, adiposity but the region looks set to overtake some of its competitors this year. According to analysts at Cushman & Wakefield, rx within two years time, Russia is set to become the largest shopping centre in Europe. At the moment, France and Britain are well [...]



Russian gold producer attracts 32m rouble investment

May 16th, 2013 | By | Category: Asides

Russia's largest gold producer, this web Polyus, rx has attracted a 32 million rouble investment, it has been confirmed. The company has announced that the investment, worth the equivalent of around $1 billion, is to play an important role in helping double the firm's gold production by 2018. However, it has refused to disclose the [...]



Russia a key buyer of British luxury items

May 8th, 2013 | By | Category: Asides

Russia has become one of a number of key markets to have helped the British luxury market to healthy levels of growth over the past few years. According to the latest data from Walpole British Luxury, more about the organisation representing the UK luxury industry, the sector is set to grow by 12 per cent [...]



Russia considers offshore zone

May 2nd, 2013 | By | Category: Central Bank

Russia is considering the creation of an offshore zone within its borders in an attempt to boost the inflow of overseas capital. Igor Shuvalov, pill the country's deputy prime minister, has put forward the suggestion, which would effectively create a domestic offshore bank. Shuvalov has been in discussions with the Russian Central Bank and the [...]