Russia is Europe’s largest internet market

VKontakte

After a slow start, Russia has now officially got the largest number of web users in Europe.

According to the latest Comscore report, 50.8 million Russians have access to the internet through either a home or work connection. This means that, for the first time, Russia has more internet users than Germany, which… Read the rest

Russia WTO entry – all but guaranteed

wto-logo

Russia’s World Trade Organisation entry has been all but guaranteed after the WTO’s Working Party on Russian membership agreed the precise rules and obligations that Russia will have to meet as a member of the global trading body.

The news comes almost immediately after a customs and trade monitoring agreement between Russia and Georgia which… Read the rest

Otkritie – Mail.ru overvalued

otkritie mail ru

Otkritie bank hit the headlines for valuing Facebook at $74 bn, but real story for Russia is that mail.ru is overvalued

Yuri Gagarin’s test capsule Vostok 3KA-2 for sale

vostok 3ka-2

The Vostok 3KA-2 capsule, the test spacecraft launched into space just three weeks before Yuri Gagarin’s historic first space flight will go on sale at Sotheby’s in New York next month.

Aeroflot customers flex their muscles

Aeroflot passengers are demanding 4,000 roubles compensation for every hour they were delayed at Sheremetyevo during last year’s freak ice storm.

Russian internet market is the second largest in Europe, and growing

russia internet growth

Russia is the second largest online market in Europe, and the seventh largest in the world, according to a set of slides produced by Russian search engine Yandex.

i Newspaper

i newspaper

i Newspaper is launched today for just 20p. It’s the first pay newspaper to be launched in the UK since 1984.

Sukhoi Pak-FA T50 (aka Russian Stealth Fighter) makes its first test flight

sukhoi-PAK-FA-Russian-Stealth-Fighter

The long awaited 5th generation Russian Stealth Fighter, classified as the Sukhoi Pak-FA T50, flew its first test flight on 29 January 2010.

Russian Watches Inspired by Soviet-Era Achievements

ekranoplan

The Energia space launcher. The Ekranoplan KM ground effect vehicle. The TU-144 supersonic passenger plane. All provided the inspiration for top selling Russian watches.

Google barred from buying Russian advertising company

Begun - Russian internet advertising company

In an interesting piece of protectionism, Google’s bid to buy Begun, the advertising arm of Russian search engine company Rambler Media, has been blocked by the Russian competition regulator.

Begun - Russian internet advertising companyRussia is the only European country where Google doesn’t have a dominant position in the online advertising market – it’s been struggling to push its… Read the rest

Russia bails out Iceland. Media reacts in horror.

When I heard the news earlier today that Russia is about to loan Iceland $5.4 billion (the equivalent of 1/3 of Iceland’s GDP) to bail out the financially crippled country’s ailing banks, I thought to myself:

“Hmm, when I get home tonight I think I’ll write a tongue in cheek post wondering how long it

Read the rest

Russian President caught playing with black market iPhone

Yushchenko iPhone

Dmitry Medvedev caught on video playing with his black market iPhone during a press conference with French President Sarkozy.

Russian Women Find New Ways of Entrepreneurship

Sale at a Second Hand Store -- Welcome, Everyone!

How Russian women are running their own online businesses that make fashion affordable – and make a profit.

Coca-Cola Kvas

Coca Cola Kvas - Kruzhka & Bochka

Coca-Cola has begun production of Kvas in Russia, proving that there is no soft-drink market they are not prepared to take on.

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