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Russia Bankruptcy News. Service for global professionals. Constantly updated news and information about Russia.
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Latest Russia Bankruptcy News

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  • Russia: Yegor Gaidar, Russia's Economic Reformer, Dies at 53 20 Dec 2009 01:14 GMT
    ... / Russia: Yegor Gaidar, Russia's Economic Reformer, Dies at ... the Soviet Union, died on Wednesday in Moscow at the age of 53. said the ... Thing #1. Sberbank of the USSR was bankrupt by 1992 - it had handed out ...

  • Russia's vanishing villages revisited 19 Dec 2009 21:15 GMT
    ... project was halted for unknown reasons. LEMESHOVO, Russia // A pair of bulldozers rumbled back ... on these rough plains 30km south of Moscow are less dramatic. They appear to be ... natural resources becoming exhausted; Soviet-era enterprises going bankrupt. On his website, Dead-cities.ru, Mr Karakovsky has ...

  • Russia's market reform architect Gaidar dies at 53 16 Dec 2009 11:53 GMT
    ... Russia's market reform architect Gaidar dies at 53 MOSCOW (Reuters) - Yegor Gaidar, architect of the ... minister by Yeltsin. "The Soviet Union was bankrupt in 1991 -- there were no reserves ...

  • UPDATE 2-Russia's market reform architect Gaidar dies at 53 16 Dec 2009 11:34 GMT
    ... MOSCOW, Dec 16 (Reuters) - Yegor Gaidar, architect ... of the tumultuous reforms that helped cement Russia's post-Soviet transition but drove many into poverty, ... minister by Yeltsin. 'The Soviet Union was bankrupt in 1991 -- there were no reserves ...

  • UPDATE 3-Russia's market reform architect Gaidar dies at 53 16 Dec 2009 13:14 GMT
    ... MOSCOW, Dec 16 (Reuters) - Yegor Gaidar, architect ... of the tumultuous reforms that helped cement Russia's post-Soviet transition but drove millions into poverty, ... was from inside. 'The Soviet Union was bankrupt in 1991 -- there were no reserves ...

  • Russia's Supreme Court to review 2003 arrest of Khodorkovsky's partner Lebedev 17 Dec 2009 17:30 GMT
    ... MOSCOW (AP) - The chief justice of Russia's Supreme Court has ordered a review of ... oil company, Yukos, when it was declared bankrupt in 2006 and later sold to pay ...

  • Remembering Russia's 'shock doctor' Yegor Gaidar 16 Dec 2009 13:45 GMT
    ... too many variables at play in post-Soviet Russia to risk any safe predictions. At the ... in charge of steering Russia’s battered economy, bankrupt and corrupt after 70 years of mismanagement. ... Bolshevik Biscuit Factory, on the outskirts of Moscow, was selected to serve as a litmus ...

  • Russia's saviour 16 Dec 2009 16:12 GMT
    ... vilified politicians in the world. The former Russian prime minster, who died suddenly in Moscow at the age of 53, is rightly ... choking Russia; immediate default and massive state bankruptcy seemed unavoidable. The system of food provision ...

  • Russia's saviour? 16 Dec 2009 16:31 GMT
    ... vilified politicians in the world. The former Russian prime minster, who died suddenly in Moscow at the age of 53, is rightly ... choking Russia; immediate default and massive state bankruptcy seemed unavoidable. The system of food provision ...

  • Russia c.bank sees more bank failures in 2010 17 Dec 2009 15:46 GMT
    ... MOSCOW, Dec 17 (Reuters) - Russia's central bank expects that more banks will go bankrupt next year than in 2009, the central bank's first deputy chairman, Gennady Melikyan, said ...

  • Russian Court Reviews Khodorkovsky Partner's Case 17 Dec 2009 16:56 GMT
    ... The chief justice of Russia's Supreme Court has ordered a review of ... liberty and security were violated and ordered Moscow to pay him €10,000 (almost $15,000). The ... oil company, Yukos, when it was declared bankrupt in 2006 and later sold to pay ...

  • UPDATE 1-Russia VEB may resume giving out subordinated loans 17 Dec 2009 18:12 GMT
    ... MOSCOW, Dec 17 (Reuters) - Russia's state development bank VEB may resume giving ... written consent of Thomson Reuters. Bonds, money Bankruptcies, receiverships, liquidations Central banks Macroeconomic stories, OECD ...

  • Russia eyes postal bank to rival Sberbank 18 Dec 2009 08:13 GMT
    ... MOSCOW, Dec 18 (Reuters) - Russia plans to secure the future of bankruptcy escapee Svyazbank by turning it into a postal bank with twice as many branches ...

  • Central Bank: Russia to see more bankrupt banks in 2010 17 Dec 2009 16:19 GMT
    ... Central Bank: Russia to see more bankrupt banks in 2010 The number of banks to go bankrupt in 2010 is expected ...

  • Moody's reviews Caa2 deposit ratings of BTA Bank (Russia) for downgrade 15 Dec 2009 13:03 GMT
    ... placed on review for possible downgrade BTA Russia's National Scale Rating (NSR) of B3.ru. -based ... trigger financial rehabilitation, administration and possibly a bankruptcy procedure. The rating agency cautions that if ...


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Exchange Rates: Russian Ruble
USD 1 = RUB 30.5560
EUR 1 = RUB 43.7666
USD 1 = EUR 0.6982
EUR 1 = USD 1.4323

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RU10D: 2,895.04(2.12%)

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Dec. 21

Josef Stalin was born. He transformed the Soviet Union by brutal industrialization and party purges. He successfully repelled the German invasion in World War Two and his armies carried on to occupy most of Eastern Europe. He died in 1953.
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