The increase of inflation not only reduces consuming ability, but also increases the necessary rate of return for the enterprises. Recently, profitability of the capital in 10 % was considered sufficient for the beginning of a business and the reference point was the bank rate.More >>
Inprom plans to take on Evraz and Ukraine's Metinvest in a battle for market share in the CIS constructional steel market, ceo Igor Konavalov told MB.More >>
The Acron chemicals holding company intends to hold its IPO on the London Stock Exchange in July 2008. It expects to raise around $900 million by selling 20% of its shares. This is consistent with the company's current capitalization in Russian trading arenas.More >>
MMK managed to raise $1bln through IPO for its investment projects. The offering allowed to obtain the market valuation of MMK as well as to establish the company as a public company in the international market.More >>
Wimm-Bill-Dann Foods OJSC today announced the appointment of Dmitry Ivanov as Chief Financial Officer (CFO). Mr Ivanov has 17 years of financial experience in leading Russian and international companies.More >>