Remember back in the heady days of Russian IPOs – when companies like Rosneft and Sberbank, among dozens of others, led the charge in new stock listings on the London Stock Exchange? Alas, the past couple quarters have not been so robust due to the global credit crunch, and many blockbuster IPOs coming out of Russia have had to delay their plans for new share issues while they wait for sunnier weather in the markets (Rusal being a prime example). Although Russian banks and financial institutions which issued IPOs near the end of last year have not been performing well, the IPO slowdown may soon experience a reversal of fortunes with a mega-offering from Globaltrans, a Russian freight railway operator, which is looking to raise over $500 million on the LSE. Additionally, the supermarket chain Magnit is looking to raise $480 million. According to a report in the Wall Street Journal, analysts believe that the timing of both these large scale IPOs shows that the business community is settling into the post-election scene, and are no longer afraid that politics will overshadow their efforts to raise funds. Back to business as usual?