Articles by Inna Kolomeiskaya

Drug Market $560M in Q1

Russia's pharmaceutical market grew to $560 million in the first quarter, up 19 percent over the same period last year, according to the industry monitor Farmexpert.

Home Remedies Growing Profits

Devotion to home remedies has created an entire industry. The market for plant additives, herbal mixtures, tea and capsules increased by 2 1/2 times last year.

Luzhkov Moves Against Underpass Kiosks

Mayor Yuri Luzhkov has cited August's Pushkin Square bombing in ordering a limitation in the range of goods that can be sold in Moscow's pedestrian underground walkways.

St. Pete Hotels 8th-Priciest in World

St. Petersburg has entered the top 10 in a survey of cities with the world's most expensive hotels while Moscow has dropped from 4th to 17th place in the last year.

EBRD Quietly Buys 17% of Kalina

The Smolensk Regional Investment Fund, established by the EBRD, was the secret, third shareholder that last month took a 16.7 percent of perfumes and cosmetics holding Kalina.

Foreigners Acquire 16% of Cosmetic Giant

The nation's No. 1 perfumes and cosmetics holding, is to be 16-percent owned by foreigners.

City Eyes Tender to Better Hotel

The Moscow city government has called a tender for financing reconstruction of the Hotel Moskva.

Tourism Chief Sees Increased State Role

Court Decision on Deductions Allows 3% Mortgages