News

How foreign citizens can save on purchases in Russia.

The tax-free system has started operating in pilot mode in Russia.

Business in Russia
Kremlin says Russia’s economic system has sizable margin of safety.

Russian presidential spokesman urges for "calm, rational assessment of the situation" on the market.

Business in Russia
European Commission approves creation of Rosneft-General Electric JV.

Sibintek LCC and General Electric signed a shareholder agreement on the establishment of a joint venture in June 2017.

Business in Russia
Russia's Nornickel company working on drones for mines monitoring.

The Norilsk Nickel Company plans to make an unmanned aerial vehicle, which can move inside mines.

Business in Russia
Skolkovo Foundation greenlights 50 companies to join Robotics Forum.

The Skolkovo Foundation’s board approved 50 companies already having functioning prototypes of their developments to join the exhibition at the Skolkovo Robotics Forum.

Business in Russia
Ruble rate becomes less sensitive to oil prices.

All-time low inflation levels in Russia are becoming systemic by nature.

Business in Russia
Russian government allocates $53.14 mln for ‘Digital Economy’ program.

"Digital Economy of the Russian Federation" program approved in the summer of 2017 was designed until 2024 and includes five areas.

Business in Russia
Russia's Nornickel shells out millions of rubles for ecology, educational programs.

Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of refined nickel and palladium and a leading producer of platinum, cobalt, copper and rhodium.

Business in Russia
Russia’s agriculture ministry expects grain harvest of 100 mln tonnes this year.

Ministry is satisfied with the condition of winter crops and the region’s preparedness for the spring sowing campaign.

Business in Russia
Russia suggests creating Russia-Japan green corridor for pharmaceutical companies.

Moscow has suggested to Tokyo that a green corridor be created for pharmaceutical companies, Russian Deputy Prime Minister Olga Golodets said ahead of a meeting with Japan’s Minister of Economy, Trade and Industry Hiroshige Seko on Saturday.

Business in Russia