Eon, Germany's largest power group, has made a clear commitment to expand significantly in Russia but will seek to minimise the risks by using its €3bn ($3.7bn) worth of shares in Gazprom more »
Vice-Premier Radmila Sekerinska and Dutch Ambassador to Macedonia Frederique de Man signed Friday a Memorandum of Understanding on economic cooperation within the Programme for Co-operation with Central and Eastern Europe (PSO) in the period of 2004-05 more »
Philip Morris Lithuania will invest another USD 20 million into upgrading and expansion of its production facilities more »
The Russian central bank on Wednesday moved to stem the country's growing financial crisis by cutting minimum reserve requirements more »
The negative balance of Moldova's foreign trade amounted to $242.1m in January to May 2004 more »
Russian oil giant YUKOS says that it is unable to meet a midnight deadline to pay a $3.4 billion back-tax bill more »
Russian Guta Bank is temporary unable to take money on deposit from individuals and make payments from such deposits, according to a notice posted on the doors of several of the bank’s offices more »
The Budapest and Vienna bourses are interested in bidding during the process of privatizing the Warsaw Stock Exchange (WSE), said Attila Szalay-Berzeviczy, president of the management board of the Hungarian floor more »
Lithuania is among the most attractive countries to invest into retail trade more »
OAO Yukos Oil Co. investors with a combined $3 trillion under management, including Deka Investment GmbH and Janus Capital Group Inc., urged President Vladimir Putin to end the ``fear and uncertainty'' about Russia's investment climate more »