For the Record

Rusnano Posts $660M Loss

Rusnano posted IFRS losses of 21.8 billion rubles ($660 million) in 2012, compared to a profit of 1 billion rubles in 2011, Interfax reported. (MT)

Sistema Buys Construction Company

Sistema has closed a deal to buy 51 percent of construction company Moskapstroi, though it declined to disclose the price of the deal, or the name of the seller, Interfax reported. (MT)

PepsiCo to Double Snack Output

PepsiCo will start production on two new lines at its snack plant in Azov, Rostov region in September, doubling the facility's production to 50,000 tons a year of products including potato chips, corn curls, croutons and oatmeal, Interfax reported. (MT)