Sistema 4Q Net Up 37%, Mulls 'Substantially' Higher Dividend

Russian integrator Sitronics plans to complete its re-organisation sometime between April and May, reports Prime citing Vladimir Yevtushenkov, the main shareholder of the telecommunications holding company Sistema. It is expected that Sitronics will ...

MOSCOW. May 22 (Interfax) - The following is a digest of Moscow newspapers published on May 22. Interfax does not accept liability for information in these stories. POLITICS & ECONOMICS Russia's economy will not be able to grow by more than 2% for ...

ST PETERSBURG, April 29 (Itar-Tass) - The United Arab Emirates (UAE), Iraq and Mauritanai will take part in Arabia EXPO in St Petersburg to demonstrate their business opportunities, deputy director of the Russian-Arab Business Council Vladislav ...

A relatively small business deal, VTB By mid-April, the U.S. S&P 500 was up by 12 percent. By contrast, Russia's RTS was down by 12 percent. That is a big difference. Economic growth is often a cause of stock market moves, but both economies are ...

* VTB's Tele2 purchase seen as financial, not strategic in nature * MTS selling debt mostly for refinancing needs in 2013 * Anti-American rhetoric in Russia at "elevated level" * Poor perceptions of Russia too prevalent among U.S. businesses By ...

Russian telecommunications holding company Sistema is considering a bid to acquire the Serbian operator Telekom Srbija, reports RBC Daily citing Vladimir Yevtushenkov, the CEO of Sistema. A decision on the issue will be taken in the near future.

Last week, at the Moscow State Institute for International Relations, perhaps Russia's most prestigious and influential foreign policy breeding ground, Chinese President Xi Jinping spoke to his audience in words that revealed as much as they hid.