News

Russia’s currency reserves stand at comfortable level, says Central Bank chief
Reserves are on the rise due to the fiscal rule, the current level of reserves is sufficient.
Business in Russia
Russia's Economy Ministry maintains 2019 GDP growth outlook at 1.3%
Russia’s Economic Development Ministry does not expect a recession in the Russian economy in the second half of 2019.

Business in Russia
Sberbank CEO does not expect serious GDP growth in 2019
According to Herman Gref, the funds allocated on national projects will not be used this year as the projects have not yet been committed to paper.

Business in Russia
US and China's trade war may cut prices for Russian resources
The trade war between the United States and China can reduce the prices of Russian resources.
Business in Russia
Expert: Arctic awaits new wind energy solutions
The wind energy has been developing for more than 50 years.

Business in Russia
Russian non-energy export expected to reach $160 bln in 2019
This is an increase of $9 bln compared with 2018, according to the finance minister.

Business in Russia
Russian flag carrier Aeroflot stops flights to Sri Lanka, Bali
All the flights after May holidays until July are canceled, according to the Association of Tour Operators of Russia.

Business in Russia
Russian government initiates bill on support for businesses in the Arctic
The document regulates aspects of construction in the Arctic zone, entrance, exit and residence of foreign citizens in the Arctic.
Business in Russia
Moscow could make top-3 of global startup ranking by 2023
According to General Director of Moscow’s Agency of Innovations Alexey Parabuchev, Moscow’s innovation ecosystem continues to develop rapidly.
Business in Russia
Foreign investors show interest in agricultural projects in Crimea
Russian Deputy Minister of Industry and Trade Alexey Gruzdev believes Crimea has a huge potential as a "unique international tourist center".
Business in Russia