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Today in Russian Business – Aug 17, 2011

Vladimir Putin is expected to attend the MAKS airshow on the outskirts of Moscow today, which is anticipated to see $10 billion worth of deals made during its five-day run.  Orders for the fifth-generation T-50 fighter jet are anticipated,  and state-owned United Aircraft Corporation is also expecting to sell Superjets and civilian aircraft at the show.  RFE/RL interviews an economic analyst on current issues facing the economy including the global downturn, the price of oil, and capital outflows.  Russia’s pharmaceutical industry looks set to expand in terms of manufacturing as production increases, causing companies to recruit new managers and focus on hiring, says this report.  Brewer Carlsberg is struggling with second-quarter profits, in part due to a slow recovery in the Russian market, in which beer taxes have been raised.  Gazprombank owns a 6.5% stake in Rostelecom.  Russian resellers have reportedly spent $1.5 million on mobile antenna products from C-Com.