News
Over 980 agreements concluded at SPIEF-2024 for $71.87 bln — organizing committee
982 agreements were signed for a total of 6.43 trillion rubles.
Business in Russia
Russia’s inflation expected to slow down in 2H 2024 — Siluanov
In March, the Russian Finance Minister said that the Bank of Russia’s measures to combat inflation were effective.
Business in Russia
Russian economic growth reaching 5.4% in Q1 2024 — Putin
Russia will invest resources in its technological independence, the President noted.
Business in Russia
Severstal has worked out new development strategy for 2024-2028
Severstal completed the implementation of the previous strategy in 2022, Alexander Shevelev noted.
Business in Russia
Russia’s manufacturing PMI index up to 54.4 points in May — S&P Global
"Output growth strengthened amid sustained and robust customer demand, which drove the upturn in new orders," the report said.
Business in Russia
Outbound tourist flow from Russia to gain 16.6% this summer — association
The highest tourist flow is expected this summer to Turkey, Abkhazia, the UAE, Egypt, and Thailand.
Business in Russia
Russia’s international reserves up $2.2 bln over week — Central Bank
Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government.
Business in Russia
Russia to promote reasonable protectionist policy
There is no objective to substitute all imported goods by Russian ones, Viktor Evtukhov noted.
Business in Russia
Russian banks receive $3.45 bln of profit in April — Bank of Russia
"At the same time, the return on capital increased to 24.5% from around 22%," the regulator said.
Business in Russia
Import duty on wines from NATO to become prohibitive if approved — customs
"Paying the duty and then carrying on with business, from an economic point of view, is possible only for very high-margin products," an official noted.
Business in Russia