fbpx

Today in Russian Business – May 25, 2012

Out of all the BRICs, Goldman Sachs’ Jim O’Neil has good things to say about Russia at the moment.  Sberbank will be the only Russian bank to help arrange the initial public offering of telecoms company MegaFon.  The Moscow Times reports on the bountiful road construction contracts Mostotrest, run by Putin’s close friend and judo partner Arkady Rotenberg, had the fortune to receive by special decree.  Russian grid firm MRSK may increase 2011 dividends for preferred shares by 40%.