Norilsk Nickel, Russia's leading mining company and the world's largest producer of nickel and palladium, said its net profit in 2006 increased 2.5-fold compared with the previous year, to $5.965 billion, in accordance with the International Financial Reporting Standards (IFRS).

Russian company Kraftway launched a computer plant in Obninsk, Kaluga region, on Wednesday. Investments in the project reached 20 million dollars, PRIME-TASS reported. Taking part in the opening ceremony was Minister of Information Technologies and Communications Leonid Reiman, Kaluga region

The capitalization of the Russian stock market, based on Russian Trading System trading, decreases 1.07%, or by $10.851 billion from the previous session, to $1003.371 billion on Thursday. The leaders in market value were Gazprom (RTS: GAZP), with $223.303 billion,

From January to May 2007, the net inflow of foreign capital into Russia amounted to $60 billion, Sergei Ignatyev, Chairman of the Central Bank of Russia, said at the 16th International Banking Congress in St. Petersburg on Thursday. Ignatyev said

The committee of the Legislative Assembly on budget-fiscal policy and financial resources at its meeting on June 6 examined the report of the Territory Administration on fulfillment of the regional budget in the first quarter of 2007.VLADIVOSTOK, June 6, vladivostoktimes.com

Foodstuffs in the Territory shops become more expensive.VLADIVOSTOK, June 7, vladivostoktimes.com Price of rice has increased 1.8 times in Primorye since the beginning of the year. As Primorskstat (Primorye Statistics Service) reported to RIA PrimaMedia, rise in prices is connected