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Russia & CIS Retail News. Service for global professionals. Constantly updated news and information about Russia & CIS Retail.
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Latest Russia & CIS Retail News

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  • The Russian retail year in review and outlook: Auchan 24 Dec 2009 18:54 GMT
    ... has the economic downturn had on Auchan Russia this year? “Auchan Russia has had a stable ... Petersburg and Omsk, and hypermarkets in Penza, Moscow, with Kaluga to open soon.” RT: How ... market in the coming year? "Expansion of retail chains (new outlets opening in the regional ...

  • Nine out of 50 largest Ukrainian banks issue credits to buy housing on secondary market 24 Dec 2009 15:33 GMT
    ... Nine out of 50 largest Ukrainian banks issue credits to buy housing on ... business is conducting market research on the retail products of commercial banks. ...

  • VTB 24 to assess efficiency of retail operations in Azerbaijan banking market 24 Dec 2009 10:10 GMT
    ... VTB 24 to assess efficiency of retail operations in Azerbaijan banking market Baku, Fineko/abc.az. VTB Bank (Azerbaijan) ... he said. VTB Bank (Azerbaijan) belongs to Russia’s VTB Bank by 51% and to Azerbaijan’s ...

  • VTB can buy bank with developed retail network in Azerbaijan 24 Dec 2009 13:30 GMT
    ... VTB can buy bank with developed retail network in Azerbaijan Baku, Fineko/abc.az. Bank VTB (Azerbaijan) OJSC has ... O. Krasnojon said. VTB (Azerbaijan) belongs to Russian Bank VTB by 51% and to Azerbaijan ...

  • Russians Wary of Cyrillic Web Domains 24 Dec 2009 00:36 GMT
    ... An Internet cafe in Moscow. Cyrillic Web addresses will be available next year, but a Russian computer consultant said people did not see ... one of the largest cellphone and electronics retailers in Russia, which has not applied for ...

  • Rusal's Hong Kong IPO: A Study in Russian Self-Regulation 24 Dec 2009 09:39 GMT
    ... Why is it that everything involving Russian business, and especially Oleg Deripaska, is murky beyond ... the exchange imposed an unprecedented condition: That retail investors not be permitted to buy shares. ...

  • Russia's Seventh Continent names new CFO 24 Dec 2009 15:33 GMT
    ... MOSCOW, Dec 24 (Reuters) - Russian grocery chain Seventh Continent ( ) has ... the company said on Thursday. The heavily-indebted retailer said it had reshuffled the management structure ...

  • Who is Spyker, the Company Trying to Save Saab? 24 Dec 2009 02:54 GMT
    ... Spyker makes hand-built, high-end sports cars that retail for $250,000 each, while Saab mass produces ... says sales have stabilized in recent quarters. Russian bank Convers Group, which is controlled by ... in an attempt on his life in Moscow.) His son Vladimir, 34, is the chairman ...

  • How Latvia Exports Cars Without a Car Industry 24 Dec 2009 16:20 GMT
    ... — Latvia, which doesn't produce any vehicles of ... losses, with car loans representing the biggest retail borrowing item after mortgages. Repossessed cars "largely ... of the cars were shipped to Germany, Belarus, Estonia and Lithuania, with Germany alone importing ...

  • The Russian retail year in review and outlook: El Dorado 24 Dec 2009 18:54 GMT
    ... RT: How difficult has a year 2009 been and ... expecting final quarter sales to develop? "The market for household appliances will shrink by approximately ... think, will play key roles for the retail market in 2010? "The situation with liquidity: ...

  • Verifone is Gregory Pepin's Highest Conviction Holding - Here's Why 24 Dec 2009 20:34 GMT
    ... self service payment systems for the financial, retail, hospitality, petroleum, transportation, government and healthcare vertical markets. ... potential, especially in the BRIC countries (Brazil, Russia, India and China). We think that more ... approach--picking only high end customers, high end retailers and high end markets--along with its great ...

  • Intrinsyc Software International, Inc.: Destinator 9 GPS Navigation Powers Vobis' Smartphone Portfol 24 Dec 2009 09:39 GMT
    ... announced that Destinator 9 was selected by Moscow-based Vobis Computer, to power the GPS navigation ... solutions of leading consumer electronics, mobile and retail brands worldwide with the industry's most reliable ... Vobis includes an updated on-board map of Russia from the leading provider of navigation map data—NAVTEQ—along ...

  • Boodles considers Middle East move 24 Dec 2009 00:35 GMT
    ... “Last year was awful for every luxury retailer; it was the eye of the storm. ... a joint venture in the region. The company, which created the octagonal silver stand for ... 18 months from Chinese, Middle Eastern and Russian consumers, giving weight to Bain & Co’s prediction ...

  • Georgia Has Power On Its Mind 24 Dec 2009 11:55 GMT
    ... one was the Gardabani thermal plant (TPP)--virtually Tbilisi's only source of power in the winter. ... an exporter of electricity, shipping power to Russia, Turkey and Azerbaijan. --The power sector is largely privately owned, ...

  • Bernanke presses his luck 24 Dec 2009 09:05 GMT
    ... part of the JSW Group, a leading business group in India. JSW Group has a ... also due to the continuing strengthening of Russian ruble, which, considering significant dollar liquidity of ... average, and by the reduction of the retail price of gas by 9.6% in the ...


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