Tag Archives: growth

Russia exports 22 mln tonnes of grain from July 1, 2014, supplies slow down – AgMin

MOSCOW. Jan 26 (Interfax) – Russia exported 22.088 million tonnes of grain from July 1, 2014 until January 21, 2015, against 17.024 million tonnes in the corresponding period of the previous agricultural year, the Russian Agriculture Ministry said in materials … Continue reading

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Global Market for Organic Cosmetic Packaging to Reach 13.2 Billion Us Dollars by 2018

Custom cosmetic tube packaging especially made from organic material will reach a new standard from 2012 to 2018. As a new study forecasts, beauty packaging will grow at a compounded annual growth rate (CAGR) of 9.6% during these year. Guangzhou, … Continue reading

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VTB24 Bank boosts RAS earnings 50% to 31.5 bln rubles in 2014 (Part 3)

MOSCOW. Jan 22 (Interfax) – VTB24 (MOEX: GUTB), Russia’s second biggest retail bank, boosted net profit to Russian Accounting Standards (RAS) before events following the reporting date 50% last year to 31.5 billion rubles, the bank said in a presentation. … Continue reading

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Justice minister puts Russia’s prison population at 600,000

MOSCOW. Jan 2 (Interfax) – Russian Justice Minister Alexander Konovalov has estimated the country’s prison population at over 600,000 people. “The data available as of December 1, 2014 indicate that 671,726 people are being held behind bars, including 562,172 convicted … Continue reading

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Drop in oil prices to $60 per barrel ‘unlikely’ – Nabiullina (Part 2)

MOSCOW. Dec 11 (Interfax) – The Central Bank of Russia continues to believe it unlikely that oil prices will decline to $60 per barrel for an extended period, as contained in the “stress scenario,” Central Bank Governor Elvira Nabiullina told … Continue reading

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Drop in oil prices to $60 per barrel ‘unlikely’ – Nabiullina (Part 2)

MOSCOW. Dec 11 (Interfax) – The Central Bank of Russia continues to believe it unlikely that oil prices will decline to $60 per barrel for an extended period, as contained in the “stress scenario,” Central Bank Governor Elvira Nabiullina told … Continue reading

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Otkritie Financial Corporation raises 21.4 bln rubles in Moscow Exchange SPO

MOSCOW. Nov 17 (Interfax) – Otkritie Financial Corporation (MOEX: NMOS) has raised 21.4 billion rubles as part of an open-subscription secondary public offering (SPO) on the Moscow Exchange (MOEX: MOEX), the bank said in a statement. A total of 22.8 … Continue reading

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Inflation in Oct in Russia – 0.8%, annual rises to 8.3% – Rosstat (Part 2)

MOSCOW. Oct 29 (Interfax) – Inflation in Russia in October 2014 was 0.8%, after 0.7% in September, 0.2% in August, 0.5% in July, 0.6% in June, 0.9% in May and April, 1.0% in March, 0.7% in February and 0.6% in … Continue reading

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Ulyukayev: GDP likely to decline in 2015 if low oil prices persist

MOSCOW. Oct 24 (Interfax) – If current prices for oil persist in 2015, Russian GDP, retail trade, real incomes and investment will all decline, Ulyukayev said at a business breakfast hosted by Rossiiskaya Gazeta.” “If the current price of oil … Continue reading

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Yandex boosts Q3 revenue 28%, EBITDA up 34%, above forecast (Part 2)

MOSCOW. Oct 23 (Interfax) – Yandex (MOEX: YNDX) boosted sales revenue to US GAAP 28% year-on-year in Q3 2014 to 13.1 billion rubles, the Russian Internet company said in a report. “Q3 was another strong quarter notable for an acceleration … Continue reading

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