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. Last Updated: 07/27/2016


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Nestle Sees Sales Up 12%, New Local Capacity

Nestle, the world’s largest food producer, saw its sales in Russia shoot up 12 percent last year despite a steep drop off in the food market, Stefan de Loecker, the company’s regional head, said Wednesday.

Bastrykin Calls for Test DNA Database

The Moscow Times
Investigative Committee chief Alexander Bastrykin called for fingerprints and DNA samples to be collected from residents of a single Russian region as part of a pilot program for a possible federal database.

Gryzlov Skips Critical Online Interview

In skipping the interview with, State Duma Speaker Boris Gryzlov missed being asked some of the more than 1,100 questions submitted by readers over the past five days over his ambitious water filtering program.

Police Roll Out Plan To Improve Reputation

The Interior Ministry started a nationwide public relations campaign this week to burnish its tarnished image, posting billboards showing respectable cops and Internet ads promoting reports acts of police heroism.

Trutnev Warns TNK-BP on Kovykta

The Moscow Times
Oil major TNK-BP won't be compensated for its investment into the Kovykta gas field should its license be revoked, Natural Resources and Environment Minister Yury Trutnev said Wednesday.

Disabled Athletes Show Up Olympics Team

Five days into the Winter Paralympic Games in Vancouver, Russia's team has already left its rivals — and the Russian Olympic team — in the dust with six gold medals, six silvers and three bronzes.

Tax Breaks Planned for Innovation Investors

By Dmitry Kazmin / Vedomosti
The government is planning to exempt investors from long-term capital gains taxes, but for now the rules would only apply to shares of companies not traded on exchanges, in hopes of stimulating private equity and venture capital investment.

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