Real Estate & Economic News in Russia from Propertyshowrooms.com

Debts in exchange for square meters of residential real estate

Mon, 26 Jan 2009 00:00:00 GMT

Developer’s company issued obligations for 22 billion rubles, Russian daily Delovoy Peterburg reports...

Russia hikes rates to help rouble

Tue, 11 Nov 2008 00:00:00 GMT

Russia's central bank increases its key interest rate to 12% from 11% in an attempt to reduce an outflow of capital...

Russia Facing Economic Isolation

Fri, 19 Sep 2008 00:00:00 GMT

With economies across the globe slumping, one country's economy is facing a different problem: foreign investors are fleeing from investments in Russia. For more on this, read the following article from Money Morning: While U.S. financial turmoil has seeped into virtually every global market, Russia...

New nose dive of Russian stock market

Thu, 11 Sep 2008 00:00:00 GMT

On Wednesday Russian stock market took another nose dive. The situation on the money market remains tough as well...

Chinese-funded Economic Zone debuts in Russia

Tue, 12 Aug 2008 00:00:00 GMT

The first phase of a Chinese-funded economic and trade cooperation zone that has gone into operation in Russia’s Ussuriysk will simplify trade procedures. The zone, located in the city of Ussuriysk near the border of Heilongjiang Province in northeast China, is one of six zones to be established in foreign countries — the others are Zambia...

The Russian bear growls across the Atlantic

Fri, 18 Jul 2008 00:00:00 GMT

Rich Russians are 'raiding' the US property market and buying real estate at an astonishing rate, according to agents...

Enterprise Estonia: tourists from St Petersburg are important for us

Wed, 16 Jul 2008 00:00:00 GMT

Tarmo Mutso, the director of Enterprise Estonia, told postimees.ee that he cannot say the exact number of tourist coming from St Petersburg but according to him, they are definitely valued customers whose number may decline after the closure of Tallinn-St Petersburg train service...

GoRail to stop its Tallinn-St Petersburg passenger rail service

Tue, 15 Jul 2008 00:00:00 GMT

Estonian rail passenger operator Go Rail said yesterday it had decided to terminate the Tallinn-St. Petersburg passenger rail service from September 1...

Estonian Air expands cooperation with AVIAREPS to Russia

Tue, 15 Jul 2008 00:00:00 GMT

After more than ten years of successful cooperation, Estonian Air has chosen AVIAREPS for its representation in Russia...

Mariinsky construction play: new act

Mon, 14 Jul 2008 00:00:00 GMT

French company RFR will adapt cupola project of the new building of Mariinsky theatre to Saint-Petersburg climate...

International Real Estate News from Russia

Wed, 9 Jul 2008 00:00:00 GMT

There has been a great deal in the press recently regarding the fast emerging Russian market with details on Russian buyers investing in property around the world in ever increasing numbers. Six years ago the aiGroup created the full mechanism to enable International Real estate agents and developers to target and contact potential Russian investors...