Export To Russia - Business News

Denmark has been developing a strategy to boost business cooperation with Russia, the Danish Foreign Minister Lene Espersen said.

At a business conference in London last week H.R.H. Prince Michael of Kent set the tone when he said in opening remarks, "2011 may well go down as a watershed year in Russian post-Soviet history."

The Russian-British business and political partnership is getting back on track. In 2010 Great Britain regained the leadership position in terms of foreign investment in Russia. This was announced by the Russian Ambassador to the UK Alexander Yakovenko during the Russo-British Chamber of Commerce (RBCC) Annual Forum in London.

The Association of European Businesses (AEB) has summed up the results of its annual opinion poll, asking foreign and Russian businessmen about the conditions they face operating in this country. Even though Russia's investment climate that has been improving for a couple of decades now is still not close to MFN standards, the size and profundity of the Russian market is a very attractive feature.

AS the St Petersburg International Economic Forum wrapped up over the weekend, the business leaders and investors who flew into Russia to see President Dmitry Medvedev outline his vision for attracting foreign investment into the resource rich former super power were hopeful that reform is finally on the way, but sceptical that the Russian leadership will finally deliver on their promises to create a more business friendly environment.

The opening sessions of the St. Petersburg Forum highlighted once again the divergence in perspective between East and West on the global economy.

Leaders from China and Russia have expressed hope economic cooperation between the two countries will catch up with the pace of the expanding political relationship. China's Minister of Commerce, Chen Deming, talked about his optimism for the future of Sino-Russian business cooperation. CCTV reporter Xu Zhaoqun reports from Moscow.

As growth slows in the UK and US, Costa and Starbucks are racing each other to expand in eastern markets

Czech truck producer Tatra will assemble vehicles in Brazil and Saudi Arabia, and possibly also in Russia

Forget about Indian food and soap operas. Roll up your sleeves, and get ready to taste success and smell the coffee in the Russian market, says Sandeep Garg, an entrepreneur from New Delhi who has set up a thriving food business in Russia. RIR caught up with Garg, who now sees the freezing Siberia as a second home.

The Turkish state minister for foreign trade said on Wednesday that the trade volume between Turkey and Russia should be increased.

Turkey and Russia will start two-day talks on Tuesday in an intergovernmental council to further improve bilateral relations, with the main focus on trade and business.

China overtook Germany to become Russia's largest trading partner in 2010. Here we take a look at the Sino-Russian economic relationship and opportunities for investors looking to enter the market.

"Our message is simple: Britain is now open for business," Prime Minister David Cameron Taking its title from early speeches by David Cameron, BSR is preparing to publish a Special Supplement 'Britain Open for Business' with Rossiyskaya Gazeta, the official gazette of the Russian Federation. The supplement to be published in July focussing on British-Russia trade and investment opportunities is the shop window for a BSR project promoting Britain to senior Russian decision makers in government, business and industry across the Russian Federation. The supplement will be produced in cooperation with the Trade Mission of the Russian Federation in the UK. It will be supported by extensive materials in both English and Russian on the BSR web site, www.bsr-russia.com.

The Government's charm offensive on the so-called BRIC nations continues on Wednesday as Vince Cable leads a delegation of 37 business leaders on a three-day trade mission to Moscow. The Business Secretary will be joined by bosses from Britain's biggest companies including Rolls-Royce, British Airways, Rio Tinto and Diageo in a bid to "strengthen ties and promote trade" with Russia.

The bilateral trade with Russia can help Pakistan augment its exports and exploring further business opportunities in that region can benefit Pakistani entrepreneurs, said the CEO of Siddiqsons, Tariq Rafi, while visiting Russia with a trade delegation to explore Russian market.

Paris 92100 , France. The new office will offer the full range of Copernicus international services including the business to business matchmaking service "Connecting Markets"and the acclaimed market entry support of the Interim Key Account Manager Service.

RUSSIAN households literally cannot get enough exotic, boldly patterned British wallpaper. The demand is there but, as Graham & Brown, which makes the stuff in Blackburn, explains, the export-credit insurance is not. So instead of selling as much as it can-say £5m ($7.8m) worth-into Russia every three months with the proceeds insured, it is selling only £2m, taking on itself the risk that the Russian wholesalers will not pay their bills.

French and Russian business leaders pledged to strengthen economic ties Tuesday with cross-border deals in sectors ranging from heavy industry to the more controversial oil and gas market.

Russian manufacturing expanded for a second month in February, signalling a "fragile"recovery, as new orders continued to grow, while employers shed more jobs.

Russian President Dmitry Medvedev will seek to boost Russian-French relations during a state visit to France, seeking energy and transport deals and defense sales.

RUSNANO Deputy CEO Andrey Malyshev and Reijo Munther, Director, Materials technology, of Tekes, the Finnish Funding Agency for Technology and Innovation, signed a memorandum on standardization and regulation in nanotechnology at a recent Russian-Finnish roundtable.

On 3 February, 2010, UK Trade & Investment hosted the inaugural Investor Relations Business Meeting at the British Embassy in Moscow. The event was organised by UK Trade & Investment and PR Newswire Europe in partnership with Finance & Investment Markets Players Club (KIFIR).

Russian IPOs and secondary public offerings (SPOs) are likely to pick up in 2010 on the back of the recovery on global and Russian equity markets. Announced and rumoured transactions point to equity issues of around $10bn-12bn.

Russia's Inter RAO UES and Finland's Fortum have signed an additional agreement to the contract on export of Russian electric power to Finland to increase supplies by 110 million euros, according to the statement of the Russian company. Thus, the export contract totals 360 million euros.

Turks and Russians have never had such amicable contacts, never intermingled and cooperated so closely. The historical reconciliation process between Turkey and Russia should generate the same degree of enthusiasm as the French-German reconciliation process.

Russian Federal Anti-Monopoly Service has granted a permission to Kraft Foods Corporation to acquire the Russian business of Cadbury which is known as OOO Dirol Cadbury, according to Russian media reports. The petition was filed by Kraft Foods in November 2009.

Most small companies seeking to tap overseas markets know they'll have to navigate foreign laws, taxes and regulations. But they also need to figure out how to avoid cultural blunders.

Sterling hit one-week lows against the dollar and euro this morning, as the pound fell to political uncertainty as Prime Minister Gordon Brown fought off an attempt within his party to unseat him.

The Russian government will develop additional tax incentives for innovative activities in 2010. Russian Prime Minister Vladimir Putin has made the corresponding request today at the government presidium meeting. "You should think about additional tax measures to support innovations," he stated.