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Tag: russian
Weekly Recap: GM scales back as Russian auto market teeters
2015-03-21 18:46:13| Auto Dealers - Topix.net
General Motors ' extensive plans to scale back its Russian operations are the latest sign the automotive market in the former superpower is collapsing and there are few signs of recovery. GM said Wednesday it will stop selling mainstream Chevrolets and shutter the entire Opel brand in Russia.
Tags: back
auto
market
russian
The Russian auto market is imploding
2015-03-18 18:52:34| Auto Dealers - Topix.net
Half a decade ago, Russia was seen as a vast growth opportunity. The US market had been weakened by the financial crisis, and Europe looked limited.
Tags: auto
market
russian
imploding
Russian Railways issues open tender for Moscow-Kazan high-speed rail project
2015-03-18 01:00:00| Railway Technology
Russia's freight rail company OJSC Russian Railways has issued an open tender to undertake projects related to the construction of a section of the Moscow-Kazan-Yekaterinburg high-speed railway line.
Tags: open
project
issues
russian
Petrogrand enters into an agreement regarding an investment in the Russian Federation
2015-03-13 22:28:34| Appliances - Topix.net
On Friday 13th of March, Petrogrand AB's subsidiary, Sonoyta Limited, has signed a Share Subscription Agreement , regarding the subscription for newly issued 49 per cent of the shares and votes in Ripiano Holdings Ltd, a Cyprus holding company with oil producing subsidiaries in Russia . The subscription price for the shares and votes in Ripiano is 21,500,000 USD.
Tags: the
agreement
investment
russian
Russian auto market collapsing, but luxury cars still a must
2015-03-11 14:37:31| Auto Dealers - Topix.net
" Russia's auto market is in freefall. As financial turmoil in the country makes cars more expensive by the day, demand for many brands has almost evaporated.
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