Foreign investment in Russia totals $50 bln so far this year

Conferences

Foreign investment in the Russian economy has totaled $50 billion so far this year, First Deputy Prime Minister Sergei Ivanov said on Tuesday.

“In 2007, despite crises on western financial markets, capital inflow into Russia has reached about $50 billion, while capital outflow has totaled $10 billion,” Ivanov said. Russia’s economy received $55.1 billion in foreign investment in 2006, or 2.7% more than in 2005. According to Ivanov, foreign investment has been growing steadily in the past few years due to political stability in Russia and the improving business environment. (rian.ru)

Fiscal Council Head Points to Need for 'Very Disciplined' Bu... Analysis

Fiscal Council Head Points to Need for 'Very Disciplined' Bu...

Balázs Hankó Tapped to Head Culture and Innovation Ministry Government

Balázs Hankó Tapped to Head Culture and Innovation Ministry

Booking Site Operator Szállás Group Acquires Romanian Peer Deals

Booking Site Operator Szállás Group Acquires Romanian Peer

CEU Closing Hungarian University Entity City

CEU Closing Hungarian University Entity

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.