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News from Russia |
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News from Russia |
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Recycling in Russia lags behind rest of world
While developed countries compete to recycle the highest percentage of their waste, only about 3% of household waste in Russia is being recycled. Meanwhile, business in this sector could see high profits.
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Structural fault delays launch of Chinese power plant
The operation of the Russian-built Tianwan nuclear power plant in eastern China is being delayed by six months, after cracks in one of the four steam generators were detected during construction.
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More Russians to explore e-commerce pros and cons
Russia's leading online shopping site Ozon has received $US 18 MLN of international investment. Even though less than 20% of Russian homes have internet access, e-commerce is growing fast.
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IEA Chief urges Hungary to diversify energy supplies
Russia’s gas giant, Gazprom, may face a shortage of marketable gas if it does not invest more in developing upstream capacity, according to the head of the International Energy Agency.
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Baby food boom in Russia
Baby food is a growing business in Russia: up by almost 30% in the past year. The switch from home made baby food towards prepared products has made the market one of the most profitable food segments in Russia.
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Russian air cargo operators aim for global market
The international air cargo market has an annual revenue of about $US 60 BLN, and until recently, Russian companies were minor players. However, that is changing with Russia's Volga-Dnepr carving out a considerable niche market.
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