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. Last Updated: 07/27/2016


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Press Review

A brief look at the stories making headlines in the Russian-language press

Wealthy Pay to Cut Queue for Phone Service

Historically, Russians who buy new apartments have to wait several months, sometimes years, for state-owned operators to install a phone.

Ask a Stupid Question

What are the best deals for getting a high-speed Internet connection at home?

Innovative Dance Film Festival Comes to Moscow

Kinodance, an international festival of groundbreaking films about dance and choreography, is coming to Moscow, St. Petersburg and Yekaterinburg later this month.

Business in Brief

DHL Plans Terminals MOSCOW (MT) -- Global express delivery giant DHL said Tuesday it would spend 20 million euros ($25.6 million) next year to build three new processing centers in Russia. DHL plans to build a 10,000 square meter, 9.5 million euro terminal in the Moscow region and one each in St. Petersburg and Samara. Baltika Brewing Frenzy MOSCOW (Reuters) -- Russia's top brewer, Baltika, controlled by Denmark's Carlsberg and Scottish & Newcastle, hopes to raise its 2005 output by as much as 16 percent, its head was quoted as saying Tuesday. Baltika has said it produced 6.35 million hectoliters of beer in the first 9 months of 2004. Last year its sales were 16.2 million hectoliters. ""We hope to increase production by 10 percent to 16 percent,"" Baltika head Teimuraz Bolloyev was quoted by Vedomosti as saying. Bolloyev said beer market growth would slow from last year's levels, however. Naftogaz Eyes LUKor MOSCOW (Bloomberg) -- Ukraine's Naftogaz said it plans to buy a 47.

Yukos Plummets on Shock Tax Bill

Shock new government tax claims of $10 billion knocked ailing oil giant Yukos' dollar shares down 17 percent Tuesday as prospects for the company's survival appeared to dim.

Gazprom Closes In on Exxon's Sakhalin-1

Gazprom, the world's largest producer of natural gas, and ExxonMobil are studying ways to cooperate on a $10 billion Siberian project that Gazprom plans to enter through an acquisition and to export gas from the area to Asia.

Crude Exports Surge in October, But Output Stalls

Crude oil exports to countries outside the former Soviet Union surged 17 percent in the first 10 months of the year as companies led by LUKoil ramped up output and sales abroad amid record-high prices.

Deadline Set for Pipeline Decision

Russia will decide in the next six weeks on the route for a future pipeline to supply the Far East with Siberian crude , a top Kremlin adviser said Tuesday.

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