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Russian auto market collapsing, but luxury cars still a must

2015-03-11 14:37:30| Auto Dealers - Topix.net

In this photo taken on Tuesday, March 10, 2015, customers walk next to cars on a display at an automobile dealership in Moscow, Russia.

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Russian Auto Sales Plunge 38%

2015-03-10 21:54:15| Auto Dealers - Topix.net

New-car sales in Russia last month plunged 38% over a year earlier, and auto-industry executives warned a weaker economy and declines in the ruble's value mean the worst is yet to come. "The market is entering a very difficult phase now, and February is only the beginning.

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UK aims to block Russian oligarch's gas project in North Sea

2015-03-10 04:34:55| Oil & Gas - Topix.net

Beggars can't be choosers, but if you're working with a Russian oligarch it's best to exercise caution. At least that's the opinion of the United Kingdom 's Department of Energy and Climate Change, who now intends to block the purchase of North Sea oil and gas assets by Mikhail Fridman and his Luxembourg-based LetterOne investment vehicle.

Tags: north project sea block

 

Škoda's Russian subsidiary to deliver trains for St Petersburg Metro

2015-03-05 01:00:00| Railway Technology

Russia's St Petersburg Metro has selected Škoda Transportation subsidiary OOO Vagonmaš as the preferred bidder for a 54.6m contract to deliver trains for line 3 of the network.

Tags: russian deliver metro subsidiary

 

Hungary passes legislation to conceal about Russian deal for nuclear project expansion

2015-03-04 01:00:00| Power Technology

Hungary has approved a new legislation vowing to keep secret the key details of a nuclear power contract with Russia for 30 years.

Tags: project deal russian expansion

 

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