Moscow

Moscow Property Developer Seeks Up to $182 Million in IPO

RGI International Ltd., a Moscow property developer part-owned by a Morgan Stanley fund, is seeking to raise as much as $182 million in an initial share sale to tap rising demand for real estate in Russia’s capital, according to Bloomberg.

Popularity: 10% [?]

November 28, 2006

Unilever to Invest 100 Million Euro in Russia

Consumer goods giant Unilever aims to invest €100 million (₤68 million) in the next two to four years developing plants in Russia, a company official said on Friday.

Popularity: 4% [?]

November 24, 2006

Indonesia, Russia to Sign Military Cooperation Agreement

Indonesia and Russia will sign an agreement on military cooperation during Indonesian President Susilo Bambang Yudhoyono’s visit to Russia on November 29.

Popularity: 23% [?]

November 23, 2006

Co-owner of Russian Private Bank Shot in Moscow

A co-owner of a small Russian private bank was gunned down in an apparent contract killing in central Moscow, prosecutors said Wednesday

Popularity: 3% [?]

November 22, 2006

Sherlock Holmes Statue to Appear in Moscow

“Moscow City Hall’s Monuments Committee has decided that there needs to be a monument of Sherlock Holmes and Doctor Watson in Moscow,” Sergei Petrov, head of the committee, said in remarks carried by the Interfax news agency.

Popularity: 7% [?]

November 20, 2006

Head of Russian Orthodox Church Says Roman Catholics Are Allies

A top Russian Orthodox cleric said on Sunday that the Roman Catholic Church and the Orthodox Church were allies in the face of hostile secularism, the Reuters news agency reported Monday.

Popularity: 7% [?]

Bush Plans to Visit Moscow

Bush is attending the November 18-19 APEC summit in Hanoi. At first Moscow stop was planned for refuelling but Russian President Vladimir Putin invited Bush and his wife for a social visit during the stop.

Popularity: 3% [?]

November 10, 2006

1941 Military Parade Recreated on Red Square

The legendary Red Square parade of 1941 was staged on November 7 in Moscow the Associated Press news agency reported on Tuesday.

Russian veterans, soldiers and patriotic youth groups gathered to pay homage to Russia’s World War II effort and to celebrate the anniversary of the Bolshevik Revolution of 1917.

Popularity: 4% [?]

November 7, 2006

Millionaire Fair in Moscow

A $1.3 million diamond-encrusted cellphone, a $500,000 racehorse and a $70,000 mini airplane are among the items on display at the Millionaire Fair held in Moscow this week — a screaming showcase of the country’s oil-driven wealth and the free-spending ways of its nouveau riche, The Associated Press reports.

Popularity: 3% [?]

November 3, 2006

Moscow Close 70% of City Gambling Facilities

Almost 70% of Moscow’s casinos and slot machine parlors had been closed recently Moscow deputy mayor Iosif Ordzhonikidze said at a press conference on Thursday, the Interfax news agency reports.

However, the official noted that tax revenues of the Moscow budget from gambling have declined by just 3 percent. Over 2,000 from total 2,720 gambling houses have been closed, so tax revenues were supposed to decline substantially Iosif Ordzhonikidze said.

According to the independent research the owner of just one slot machine makes an average profit of $10,000 per month. Gambling business tax returns have struck a seven billion ruble mark, roughly 260 million U.S. Dollars.

Popularity: 4% [?]