News

Russia’s industrial production rises by 4.6% in January
According to statistics, Russia’s mining production in January increased by 0.8% in annual terms and production in manufacturing industries increased by 7.5%.
Business in Russia
Russia close to canceling visas for citizens of Saudi Arabia, Myanmar, Malaysia — ministry
Oman, Bahrain, Saudi Arabia, Malaysia, Myanmar are prior in terms of cancellation of visas, Deputy Economic Development Minister Dmitry Vakhrukov said.
Business in Russia
Russian Cabinet plans to ban gasoline exports from March 1
The restriction will not apply to member-nations of the Eurasian Economic Union and to South Ossetia, Abkhazia, Mongolia and Uzbekistan.
Business in Russia
Russia’s export duty on wheat to be $41.26 per metric ton from February 28
The duty for corn will total 828.9 rubles ($9) per metric ton.
Business in Russia
LG profits in Russia rise around 9-fold in 2023, despite supply suspension
Net profit in Russia in 2023 amounted to 3.259 bln rubles ($35.06 mln).
Business in Russia
Russia to commission 20 GW of renewable capacity by 2035 — Novak
The total installed capacity of renewable energy sources in Russia amounts to 6 GW at present.
Business in Russia
Putin calls Gazprom one of world industry leaders
Gazprom sets itself the most ambitious goals despite all external challenges, develops promising global markets, said Russian President.
Business in Russia
Industrial production in EAEU up 3.7% in 2023
Output in manufacturing rose by 7.4%, in power supply, gas and steam supply, air conditioning - by 0.3%, the Eurasian Economic Commission reported.
Business in Russia
Malaysia links with Russia Academy of Sciences 300th anniversary
Malaysia links with Russia Academy of Sciences 300th anniversary
Events
Expenditures on National Projects in Russia total $2.44 bln as of February 1
According to the Finance Ministry’s data, performance is over 2% for International Cooperation and Export, Ecology, Science and Universities, and Safe and High-Quality Roads.
Business in Russia