News

Russia greenlights tax-free shopping for foreign citizens.

The Federal Customs Service will organize 14 refund offices at international airports in Moscow, St. Petersburg and Sochi.

Business in Russia
Testing of second MC-21-300 airliner to begin in February or March.

"The Irkutsk factory is getting ready to streamline the manufacturing of the MC-21-300 jets, the newest Russian airliners, in 2019.

Business in Russia
US dollar hits its lowest level against ruble since mid-October on Moscow Exchange.

The US dollar dropped against the ruble by 29 kopecks to lie at 56 rubles and 92 kopecks.

Business in Russia
Russia’s upgraded MiG-29 fighter jets to test new aircraft armament in Syria.

A batch of MiG-29SMT aircraft was sent to the Hmeymim air base in Syria in September for testing.

Business in Russia
Russia's Fintech to discuss contracts with Visa and Mastercard in 2018.

The issue of concluding contracts with the companies may be considered next year.

Business in Russia
Russia plans selling 30 Sukhoi Super Jet -100 in coming year.
Sukhoi Superjet 100 (SSJ-100) is the Russian short-range passenger jet developed by Sukhoi Civil Aircraft (part of UAC) with participation of foreign companies.
Business in Russia
Siemens, Enka to build 495 MW power plant in Russia’s Tatarstan.

The main specific feature of the power plant is the possibility of working on syngas, a byproduct of petrochemicals production.

Business in Russia
Rosneft starts drilling exploration well on Black Sea shelf.

The resource base of the Zapadno-Chernomorsky Area is provisionally estimated at 600 mln tonnes of oil and 100 bln cubic meters of gas.

Business in Russia
Kaspersky Lab eyes stronger presence on Indian market.
The planned output is 6.5 billion cubic meters of gas a year for a period of 15 years.
Business in Russia