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Tag: rubles
Underwater 2 billion rubles Fiber-Optic Link
2015-10-28 06:17:25| Telecom - Topix.net
The cost of construction of underwater fiber-optic link from Kamchatka to Chukotka could exceed 2 billion rubles. Prospects for the project discussed the governor of the Chukotka Autonomous District Roman Kopin, the president of "Rostelecom" Sergei Kalugin and executive vice-president Alexander Rogov.
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This Massachusetts tech CEO gets paid in dollars, euros and rubles
2015-04-09 03:51:28| Electronics - Topix.net
Valentin Gapontsev , the founder and CEO of IPG Photonics and considered by Russians to be the father of the fiber-optic laser industry, reported total compensation last year of $1.2 million. But what separates Gapontsev's salary from most other Massachusetts technology executives is that he was paid partially in Russian rubles and euros, which have both been hit hard by the strength of the U.S. dollar.
GM, Audi and Jaguar halt car sales in Russia on ruble's collapse
2014-12-18 14:38:31| Auto Dealers - Topix.net
MOSCOW -- General Motors Co., Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse. Automakers are battling a more than 40 percent drop in the value of the ruble since June, Russia's biggest financial crisis since 1998.
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