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Russian car sales fell 38% in May as ruble gains eased pressure

2015-06-08 17:37:17| Auto Dealers - Topix.net

Russian car sales slumped 38 percent in May, a fifth month of declines, as the government employed measures to help the industry amid a deepening economic contraction. Sales of new cars and light commercial vehicles dropped to 125,801 units last month from 201,487 a year ago, the Association of European Businesses in Russia said Monday in a statement .

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Ukraine agrees to fill gas storage for smooth transit of Russian gas to Europe

2015-06-05 01:00:00| Hydrocarbons Technology

Ukrainian government has given its consent to pump enough gas into its storage facilities to keep up the pressure in order to ensure transportation of Russian gas to Europe in winter.

Tags: to europe storage gas

Russian Pork Imports Fall

2015-06-04 02:00:00| ThePigSite - Industry News

RUSSIA - During the first three months of 2015, Russia imported less than half as much pork as in the same period last year.

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World Bank Says Russian Macro Forecast Better Than Expected, Russian Stocks Higher

2015-06-02 19:57:33| IT Services - Topix.net

The World Bank came out on Tuesday and revised its Russian GDP forecast to a 2.7 percent decline through 2015, marking an improvement from the previous 3.8 percent contraction that was previously projected. The Moscow Times cited the bank's lead economist for Russia who noted that the revision is attributed to a recovery in oil prices in recent months, a stronger ruble and slowing inflation.

Tags: world higher expected bank