About the SUMMEX: Market Experts Germany-Russia Group
SUMMEX is a new solution for the German-Russian business partnership www.summex.de
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Russia: Companies leading by capitalisation growth in 2011
RBC magazine has published a ranking of companies by capitalisation in 2011. It shows that 100 largest Russian public companies reduced ...

Russia: Prices for some goods may change after country enters WTO
Russia may change the prices for some goods after it enters WTO due to the decreasing duties. In particular, it will concern perfumery & ...

Russia: Sberbank becomes Fiat partner for building plant near St. Petersburg
Fiat has chosen Sberbank as its partner for building a plant in Russia. The bank is to finance the project and to acquire a share in the ...

Russia: Private consumption may become new engine of economy
According to a report by the Center for Markets in Transition (Cemat), of Finnish Aalto University, consumer demand in Russia has ...

Gazprom may acquire shares in DONG Energy projects
Interfax reports Gazprom plans to take part in the projects of Denmark-based DONG Energy in Germany and the UK. It may acquire 50% in ...

CIS: SAP posts loss in Ukraine and profit in Russia and Kazakhstan in 2011
SAP Ukraine, a subsidiary of the Germany-based SAP AG, posted a EUR 920,000 (USD 1.23mn) net loss in Ukraine in 2011. The loss rose by ...

Russia: Real to work out unified tariff for marketing services for suppliers
Real hypermarket chain (Metro Group) has elaborated a unified tariff for marketing services for food suppliers. The cost of services is ...

Sberbank's plans with Volksbank revealed
Russian-based Sberbank has chosen the Czech Republic as a new strategy testing point for its European activities related to the takeover ...

Deutsch-Russische Konferenz SUMMEX 2012 in Sankt-Petersburg
Nach dem erfolgreichen Start in Köln fördert die SUMMEX weiterhin neue Geschäftskontakte und ermöglicht den internationalen Austausch ...

SUMMEX 2012 в Санкт-Петербурге
После удачного старта в Кёльне SUMMEX в Санкт-Петербурге продолжает быть ведущей платформой для обмена опытом представителей российской ...

Russia: St Petersburg leading by living standards among regions of North-West
The analytical centre Expert Severo-Zapad has surveyed living standards in the North-Western federal district. According to HeadHunter, ...

Russia: Experts doubt sharp changes in foodstuff prices after country joins WTO
The experts of the corresponding associations are expecting neither sharp rise nor sharp fall in the prices for the main foodstuffs ...

Germany: IWH expects economy to grow by only 0.3% in 2012
German economic research institute IWH expects the German economy to grow by only 0.3% in 2012. However, economic growth in Germany ...

Russia: People to cut expenses for major purchases in next six months
According to a survey conducted by Romir, Russians are planning to reduce expenses for major purchases in the next six months. First of ...

Russia: Economy Ministry offering to set up special department for state orders
The Ministry of Economic Development of Russia has offered the government of the country to set up a special department for state ...

Germany/Russia: Siemens, Gazprom cooperate
Siemens of Germany and Russian energy group Gazprom have concluded a strategic cooperation that is to cover nine business areas such as ...

Germany: BDI expects exports to grow 3% in 2012
German industry association BDI forecasts exports to increase by about 3% in 2012, mainly thanks to the machine building and electric ...

Russia/EU: Protocol on joining WTO signed
The 8th WTO Ministerial Conference has finally approved Russia's joining WTO. The standard package of documents is approved as well: a ...

Bavaria concludes cooperation agreement with Gazprom
The German federal state of Bavaria has concluded a cooperation agreement with energy group Gazprom of Russia. The agreement concerns ...
