News
Putin expands exceptions to ban on deals with assets of financial, energy companies
The decree's requirement does not apply to foreign-owned shares transferred to trust management.
Business in Russia
Russians' inflation expectations continue to decline in March
In January, reportedly, population inflation expectations were 12.7%.
Business in Russia
Russia’s export duty on wheat to be $34.27 per metric ton from March 20
The floating duty on Russian grain exports is effective from June 2, 2021.
Business in Russia
Russia's foreign trade surplus rises to $9.1 bln in February from $8.2 bln last year
The current account surplus in February 2024 increased to $5.2 bln compared to $4.5 bln in January 2024.
Business in Russia
Russia one top 10 countries for AI use
Deputy Prime Minister Dmitry Chernyshenko noted that the economic effect from the introduction of artificial intelligence technologies was currently estimated at more than 1 trillion rubles ($10.9 bln).
Business in Russia
Cargo turnover of Russian seaports down 1% YOY in 2M 2024
The cargo turnover of Russian seaports totaled 139.6 mln metric tons in January - February 2024.
Business in Russia
Investments in fixed capital up 8.6% in Q4 2023
Investments totaled 13.75 trillion rubles ($151.5 bln) over the reported period.
Business in Russia
Russia plans to create three new special economic zones, expand two existing ones
According to the report, Prime Minister Mikhail Mishustin signed the resolutions on the creation of three new and expansion of two existing special economic zones in Mordovia, Kaluga, Lipetsk, Rostov and Tver regions.
Business in Russia
Russia extends suspension of oil statistics publications until April 2025
Russia suspended publications of oil and gas production data from information for March and the first quarter of 2023.
Business in Russia
Russia becomes 4th country for agricultural exports with revenues of $43.5 bln
"The volume increased 30-fold - not just some percentage, but export revenues increased 30 times," the president said.
Business in Russia