Mitsubishi may start car production in Russia Another plant of a foreign automaker may soon appear in Russia. The Japanese Mitsubishi signed a memorandum with the Ministry of Economic Development on the possibility of its construction at the end of last year, Deputy Head of the Investment Policy Department of the Ministry of Economic Development and Trade Dmitry Levchenkov told Interfax last Friday.

The President canceled quotas on the export of diamonds and platinum group metals Russia has abolished export quotas for precious metals and natural diamonds. As the press service of the country's president reported last Saturday, Vladimir Putin signed a decree “On improving state regulation of the import into and export from the Russian Federation of precious metals and precious stones,” which provides for the abolition of quotas on the export of diamonds and platinum group metals from Russia.

Lord Browne will leave BP earlier than planned A change of power in one of the largest private oil and gas corporations in the world, BP, will occur much earlier than expected. A series of troubles, which over the past year threw the company from second place in terms of capitalization among energy giants to fifth place and almost brought its head Lord Brown to the dock , eventually did their job. He will leave his post on July 31, although he planned to remain in it for another 1.5-2 years.

Most of the money from the deal with Mazeikiu Nafta shares ended up in the accounts of Yukos International The office of YUKOS bankruptcy manager Eduard Rebgun found the location of the money that the Polish PKN Orlen paid for a controlling stake in the Lithuanian concern Mazeikiu Nafta to the Dutch company Yukos International. These funds, as expected , did not reach the deposit of the Amsterdam court, which will distribute them. In addition, the amount has decreased significantly.

The Russian financial market is gradually recovering after the holidays On the first trading day of the year, January 9, the RTS index rolled back from the historical high of 1,906.32 points reached on December 29 to 1,798.63. At the close of the session on Friday it was 1797.59. On January 9, the MICEX index fell from 1688 to 1571 points; on Friday it closed at 1591.47. According to analysts, lower oil prices will not allow the Russian stock market to repeat the successes of last year.

European financial institutions issued Eurobonds denominated in Russian currency For the first time, two foreign financial institutions issued Eurobonds denominated in rubles on the market. The German state agency KfW and the European Bank for Reconstruction and Development placed five-year issues worth RUB 2 billion. every. This event, according to market participants, became a turning point in the attitude towards the ruble on the part of European financial institutions.