15:00 Finns Sell-Up After Smolny Share Grab
Finnish energy concern Fortum has finally sold its stake in St. Petersburg based JSC Lenenergo for approximately 295 million euros ($403 million) to three companies — VTB Bank, I.D.E. Electricity Distribution Investments 1 and United Energy Systems.
14:52 Gambling Hall Ban Makes Operators Creative
Legislation banning gambling halls and casinos may end up driving many operators out of business, but for some, it is spurring creative partnerships, while others are seeking fortune elsewhere.
Business news archive for August' 2007
Business news archive for 2007 year.