Today in Russian Business – Aug 13, 2010

The President of the dairy Russkoye Moloko, ‘established to promote the Orthodox revival of Russia‘, says that employees who have abortions or get married outside of the Orthodox church will be fired.  It’s official: Moldovan wine imports are banned, just weeks after ‘Moldova’s acting president irritated Moscow by denouncing Soviet rule as occupation.‘  According to President Dmitry Medvedev, a quarter of the grain harvest has been destroyed, and the Prosecutor General’s Office has been instructed to track the price of basic foodstuffs to prevent suppliers profiting from the drought.  Does Russia’s export ban break World Trade Organization rules?  Reuters reports on the scramble to take Russia’s place on the world grain market, as fears arise that farmland may not be ready for next year’s crops to be sowed.  The Kremlin has ambitious plans to develop Siberia over the next decade into ‘a comfortable place to live and do business‘, despite extreme weather conditions and lack of infrastructure.  On the ongoing investigation into Hewlett-Packard, which is suspected of having paid over $10 million worth of bribes in Russia. Egyptian telecoms company Orascom denies reports that it is in talks with VimpelCom. Severstal is putting some of its underperforming US steel mills up for sale.