Ceasefire agreement enters into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
Doping samples of all athletes from past three Olympics should be re-analyzed ― lawmakerSport December 10, 2:01
Russia’s figure skater Medvedeva leads with world record after SP at Grand Prix finalsSport December 10, 1:28
Russian energy minister expects OPEC, non member countries to sign agreement on oil outputBusiness & Economy December 10, 0:46
40 ceasefire violations reported in Syria in past day ― Russian reconciliation centerWorld December 10, 0:02
Russia open for cooperation with IOC, WADA ― ROC presidentSport December 09, 23:44
McLaren’s report speaks for ‘fundamental attack’ on sports integrity ― IOC chief BachSport December 09, 23:08
German retailer Metro may hold an initial public offering of its Russian subsidiary Metro Cash & Carry in London next spring. It may sell a 25 percent stake, two investment bankers who know about the retail giant’s plans told Vedomosti.
Currently, Metro searches for additional sources of financing to expand on the Russian market, the company said in its statement published on Tuesday. “One of such possible sources may be the stock offer of Metro Cash & Carry Russia’s minority share while keeping control over business in the long-term.”
Vedomosti recalled that Metro had opened its first hypermarket in Russia in 2001. At present, the German company has 70 small-scale wholesale centers in 45 Russian regions. Its revenues totalled around 4.12 billion euro in 2012, up by 20.4 percent year-on-year. The main clients of these hypermarkets are small shops, hotels, restaurants and cafes.
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