In 2002, revenues of the Svyazinvest telecommunications company gained 16 percent to RUR115.3bn (about $3.65n), Svyazinvest's General Director Valery Yashin reported at a meeting of the enlarged board of the Russian Telecommunications Ministry. Capital investments in the company's development reached RUR26.7bn (about $845.45m) in 2002. According to Yashin, over the past year, 2.6 million additional telephone numbers were created, which was 700,000 more than in 2001. Gross revenues per telephone line amounted to RUR4,000 (about $127). Revenues per employee were RUR317,000 (about $10,038) in the reported period.
Yashin believes that the most important event of 2002 was a merger of seven regional telecommunications companies of Svyazinvest. This provided for increasing the capitalization of the holding from $1bn as of January 1, 2001, to $1.8bn on January 1, 2003.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year