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. Last Updated: 07/27/2016

For the Record

Restaurant holding Rosinter reported a net loss of 281.2 million rubles ($9 million) in 2011 versus a net profit a year earlier hit by write-offs, the company said Monday.

Microsoft plans to invest tens of millions of dollars in its own development center in Skolkovo and will do applied research associated with designing products for "optimizing the Russian economy," said Alexei Palladin, Microsoft Russia director for work with the Skolkovo Foundation, Interfax reported.