fbpx

Today in Russian Business – Jan 16, 2012

The main benefactor of rallies against election fraud?  IT manufacturers, who will benefit from government plans to ensure online monitoring of the next vote.  Do this month’s capital inflows herald a change in attitudes towards emerging markets on the whole?  The government’s privatisation plans could be put on hold, which could reduce company incentives to improve corporate governance, says Bloomberg.  Deputy Prime Minister Dmitry Kozak has admitted that over 70 Winter Olympic construction projects are running behind schedule.  It is being reported that Yelena Baturina, the billionaire wife of former Moscow mayor Yury Luzhkov, will buy Morrison’s Hotel in Dublin for $31.7 million.  The aviation watchdog has annulled the certificate of Avianova, which has filed for bankruptcy.  Russian ‘minigarchs are taking over, says The Daily Beast, at least in terms of foreign real estate buys.