Investors finding Russian stock market the most attractive among BRIC nations

Posted by Galiya Sayfudinova on January 19, 2010

The Russian stock market was the most attractive of the BRIC countries in the first half of January.

According to Emerging Portfolio Fund Research, only during the last week, $245m was invested in overseas funds in Russia or the CIS - the highest amount since last autumn and the second-highest since May 2008, when Russian stock indexes reached a historical maximum.

Over the same period, $107m was invested in the Indian stock market, and $37m in Brazil's. $290m left the Chinese stock market.

A source at UFG Wealth Management commented that Russia is benefiting from its relatively low level of external debt and the healthy state of internal finance, compared to other BRIC nations.

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Microsoft's Moscow Technology Centre Up and Running

Posted by Galiya Sayfudinova on December 17, 2009

Microsoft Technology Centre has begun its work in Moscow. The Centre is designed to model and demonstrate IT solutions developed by the corporation's partners. Total investment in the centre has already reached 300m roubles (nearly 7 mln euro), and will pass 500m in the next three years.

The Moscow technology centre aims to set up industrial installations - a chance for various sectors to ‘test-drive' Microsoft technologies, and also for conducting briefings and demonstrations at corporation management level for partners and clients.

In contrast to Microsoft's development centres, where products are created by the corporation itself, in Microsoft's technology centres, IT solutions for clients are realised and tested with the participation of Microsoft's partners. Prepared solution models are then shown to clients in a special showroom. The Moscow showroom the largest of its kind in Europe and Asia.

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