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Today in Russian Business – June 27, 2012

Despite warnings from ex-Finance Minister Alexei Kudrin, Labour and Social Protection Minister Maxim Topilin maintains that Russia has enough reserves in order to not raise the retirement age.  The Russian government has reportedly valued domestic rail monopoly Russian Railways at about $85 billion.  The Russian postal service is, according to a new study, one of the worst in the world.  International cinema experts have recommended that Russia should introduce a variety of new measures to promote co-productions with North America.  Norilsk Nickel is, according to this report, eyeing up coal mines in Indonesia as a part of a railway venture between the two countries.  Rusal may be on the lookout for a new chairman.   Billionaire Alfa shareholder Mikhail Fridman has helped to set up a $1 million “Jewish Nobel Prize”.