News

Russia expects free trade agreement between EAEU, UAE to be concluded shortly
The international industrial trade fair Innoprom is taking place in Yekaterinburg on July 8-11.
Business in Russia
Tires production in Russia may grow by 5% in 2024
"The annual capacity is about 70 mln units which almost fully cover the domestic market need in the car and truck tire segment," the statement reads.
Business in Russia
Russia’s international reserves down $2.6 bln over week — Central Bank
Russia’s international reserves edged down by $2.6 bln over the week and totaled $590.5 bln as of June 28, 2024, the Central Bank said.
Business in Russia
Share of domestic production of vital medicines in Russia to rise to 90%
The move "will facilitate the formation of technological sovereignty in the area of pharma and medical industry," Mikhail Mishustin stressed.
Business in Russia
World Bank recognizes Russia as high income country
It follows from the document that the gross national income per capita in Russia is $14,250.
Business in Russia
Russian Central Bank’s inflation outlook for this year to be revised
According to the Central Bank’s outlook, the current monetary policy will limit excessive expansion of the domestic demand and its proinflation consequences.
Business in Russia
Business in Russia has become more patriotic and state-oriented — Putin
The head of state noted that Russian entrepreneurs did not allow the national economy to collapse after the departure of Western companies.
Business in Russia
Russia’s wheat export to China up nine-fold in January-May — Agroexport
Australia, France and Canada are among top three largest wheat exporters to China in natural terms.
Business in Russia
Alrosa’s proven resources enough for 30 years of mining
The company continues exploration for the purpose of developing the mineral and resource base.
Business in Russia
Indian coal imports from Russia plunging in March-May 2024
According to BusinessLine news outlet, Russia scaled up coking coal deliveries to India by 200% to 6.4 mln metric tons in 2023 and entered ranks of its top three suppliers after Australia and the US.
Business in Russia