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Today in Russian Business – April 19, 2011

Under a tribunal ruling, Rosneft will be forced to provide information on its 2009 board meetings to the activist blogger Alexei Navalny, who is also one of the company’s minority shareholders.  The Skolkovo business center is a central tenet of President Dmitry Medvedev’s innovation program, in which case something ought to be done to improve the road that leads there, says the Moscow Times.  The Moscow property market is seeing an increase in high-end rentals as ‘stable economic growth‘ brings an influx of foreign workers to the city, and slow housing market recovery makes renting more economical than buying, estate agents say.  Sukhoi will deliver its first Superjet regional airliner to Armenia’s Armavia today, with another 11 planned to go to Aeroflot later this year.  Russia’s investment in Armenia generally has been growing steadily over the last decade. The board of VTB will recommend a $213 million dividend payout for 2010.  Nomos Bank is expecting to raise at least $718 million from its London/Moscow IPO, pricing shares just above mid-range.  The Hong Kong Stock Exchange has not yet included Russia in its accepted jurisdictions, meaning that Russian companies that want to list there are still facing regulatory hurdles.  Sberbank says it has ‘every chance of challenging the best brands‘ in the European market, outlining this as its ‘strategic goal‘.  Rosselkhoznadzor estimates that the fight against swine fever could cost $426 million over the next seven years.