Severstal will pay 2.3 billion rubles as a bonus to CherMK employees

Russia’s Central Bank chief under pressure to cut interest rates amid economic strain of war, sanctions

Russia’s central bank governor, Elvira Nabiullina, is under growing pressure from the Kremlin to cut interest rates as businesses struggle with record-high borrowing costs and signs of economic strain outside the military sector mount. Government officials …

Penguins Sign Mikhail Ilyin To Entry-Level Contract

The Penguins have reached an agreement with one of their prospects, announcing on Saturday that they signed Mikhail Ilyin to a three-year, entry-level contract.  PuckPedia reports that the agreement will carry a cap hit of $851,667. The 20-year-old winger …

Microsoft initiates bankruptcy proceedings

(MENAFN) A Russian branch of Microsoft has indicated its intention to initiate bankruptcy proceedings, as noted in a recent entry on the national registry. This decision aligns with Microsoft's earlier move to withdraw from the Russian market following …

Penguins sign Mikhail Ilyin to entry level contract

There were some whispers that Russian forward Mikhail Ilyin had chose to re-sign in Russia instead of going with the Penguins at this time. Turns out that was incorrect, the Pens were able to sign Ilyin today. There’s some talk that Pittsburgh could still …

Microsoft’s Russian Subsidiary Initiates Bankruptcy Files

(MENAFN) One of Microsoft's divisions operating in Russia has revealed intentions to initiate bankruptcy proceedings, as indicated in an official statement posted on the Fedresurs registry on Friday. The American technology conglomerate made the …

Penguins sign forward prospect Mikhail Ilyin to 3-year, entry-level contract

The Pittsburgh Penguins have signed forward prospect Mikhail Ilyin to a three-year entry-level contract. The contract will begin in the 2025-26 season and will run through 2027-28. Ilyin, 20, spent the majority of the 2024-25 season with the Severstal …

Microsoft’s Russian Subsidiary to File for Bankrup

The main Russian subsidiary of U.S. tech giant Microsoft Corp., known as Microsoft Rus, is preparing to file for bankruptcy, according to a notice published May 30 on the official Fedresurs portal. The move appears to mark the final step in Microsoft's …

Penguins sign talented Russian prospect to ELC

This article originally appeared on PGHHockeyNOW.com. There is another Pittsburgh Penguins prospect on the way. Saturday afternoon, the team announced they signed Russian prospect Mikhail Ilyin to a three-year entry-level deal. Ilyin, 20, was the Penguins’ …

Penguins sign forward prospect Mikhail Ilyin

The Pittsburgh Penguins signed forward prospect Mikhail Ilyin to a three-year entry-level contract on Saturday. This contract begins with the 2025-26 season. A native of Cherepovets, Russia, the 20-year-old Ilyin was a fifth-round draft pick (No. 142) of …