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Today in Russian Business – June 5, 2012

Vladimir Putin has warned the EU that Russia cannot agree with the requirements stated in the new EU Cooperation Agreement as they are incompatible with commitments undertaken by Russia when it entered the WTO.  The Kremlin has dismissed claims that BP’s departure from Russia will act as a deterrent to foreign investors.  Booming food retailer Dixy Group has reported a whopping 116.6% jump in first-quarter net income year-on-year, thank partly to its purchase of smaller rival Victoria last year.  Russia’s flagship airline Aeroflot saw a 30% increase in passenger numbers in April on the same period last year.  A sting operation by immigration authorities in Moscow has resulted in more than 2600 foreign workers being detained.  A new official portal, Rosregister, has been launched to increase transparency in real estate deals.  Property agency Miel has, according to the Moscow Times, been searched by the FSB this week.