News

Finance ministry intends to keep Russia’s state debt at up to 20% of GDP
Russia’s national debt will reach $496 bln, or 17.5% of GDP, by 2025.
Business in Russia
Russian company to supply battery-powered tractors to seven countries — project manager
It is noted that the annual production of more than one hundred equipment units will begin in 2023 with a subsequent increase to four hundred units per year.
Business in Russia
Russia's gambling zones opt for import substitution amid sanctions
Its entire volume of electronics is currently purchased in Asia, although earlier this process took place through European companies, head of the Association of Operators of Entertainment Industry and Sports Events Dmitry Anfinogenov said.
Business in Russia
India's ONGC applies to retain stake in Sakhalin-1 project
On October 7, Russian President Vladimir Putin signed a decree on the creation of a new operator of the Sakhalin-1 project.
Business in Russia
Russia ready to supply food to poor countries in Africa - Russian envoy
Ruslan Edelgeriyev congratulated Egypt on the beginning of its presidency in COP27.
Business in Russia
Uralchem to supply fertilizers to Africa free of charge - CEO
The company is providing fertilizers to African countries on a free basis as part of its humanitarian mission on the continent.
Business in Russia
Russia’s manufacturing PMI index down to 50.7 points in October
It is reported that cost inflation at Russian manufacturing firms picked up pace for the second successive month during October.
Business in Russia
Inflation in Russia to be below Economic Development Ministry’s forecast by New Year's
On October 26, the Economic Development Ministry maintained its inflation outlook for 2022 at 12.4% considering the recent trends.
Business in Russia
Business in Russia