MOSCOW Russia's top food retailer X5 is gearing up to compete with burgeoning online players to meet growing demand for convenience foods from time- and price-conscious consumers, Chief Executive Officer Igor Shekhterman told Reuters.
MOSCOW Russia's Gazprom, the world's largest conventional gas producer, has raised about $2.20 billion from selling a 2.9% stake to a single buyer at a large discount to the market price.
* Gazprom says there was one buyer
(Adds details, background)
MOSCOW Russia's Gazprom , the world's largest conventional gas producer, has received bids worth $3.15 billion for 3 percent of its own shares that it decided to sell after the stock hit its highest level in more than a decade.
MOSCOW Russia's largest lender Sberbank is in talks to buy mid-sized food retailer O'Key, six industry sources told Reuters.
MOSCOW, April 11 Russia's largest lender
Sberbank is in talks to buy mid-sized food retailer
O'Key, six industry sources told Reuters.
MOSCOW, April 2 Russian poultry producer
Cherkizovo Group is in talks to buy major local rival
Prioskolie, two industry sources and an official in Belgorod,
one of the country's leading agricultural regions, told Reuters.
MOSCOW, March 15 Russia's largest petrochemicals
company, Sibur, does not plan to conduct its initial public
offering (IPO) before this autumn, as it is waiting for its huge
new plant in western Siberia to be launched first, four banking
sources close to the deal said.
MOSCOW The founder of Russian lender TCS Group sold $150 million of its global depository receipts (GDRs) on Thursday, the second time this week that a Russian billionaire has cashed in on an investment amid favourable market conditions.
MOSCOW Uncertainty caused by the expansion of U.S. sanctions on Russia last year has pushed companies' share prices lower, prompting investment bankers to suggest their clients should delist from local and international exchanges.