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Today in Russian Business – May 26, 2008

President Dmitry Medvedev signed a $1 billion deal to supply a uranium-enrichment plant in China during his visit to the country. Private equity fund Pallinghurst Resources is seeking a deal for its Faberge luxury goods brand to use gems from state diamond producer Alrosa. London-listed Russian miner Aricom plans to raise more than $1 billion to expand its iron ore projects in the country. A Unilever advertising campaign directed at Russian women boosted sales from €10 million to more than €160 million in three years. Special report on “less risky” Russian stocks. Russia’s central Bank Rossii is “concerned” by the pace of corporate lending. Carlsberg’s Baltika Breweries has opened a brewery in Novosibirsk, seeking to gain a share in the potentially huge Siberian market.