News
Russia’s lentil exports up 2.4-fold in 2023 to 297,000 tons
According to the report, in value terms lentil exports surged 2.2-fold in the reporting period compared with 2022 to $215 mln.
Business in Russia
Russia to cut oil production by 471,000 per day in Q2 2024 — deputy PM
Production cuts in the first quarter of 2024 was 500,000 barrels a day.
Business in Russia
Russia's annual GDP growth reached 4.6% in January after 4.4% in December
According to the first estimate of Rosstat, Russia's GDP growth at the end of 2023 reached 3.6%.
Business in Russia
Russia’s industrial production rises by 4.6% in January
According to statistics, Russia’s mining production in January increased by 0.8% in annual terms and production in manufacturing industries increased by 7.5%.
Business in Russia
Russia close to canceling visas for citizens of Saudi Arabia, Myanmar, Malaysia — ministry
Oman, Bahrain, Saudi Arabia, Malaysia, Myanmar are prior in terms of cancellation of visas, Deputy Economic Development Minister Dmitry Vakhrukov said.
Business in Russia
Russian Cabinet plans to ban gasoline exports from March 1
The restriction will not apply to member-nations of the Eurasian Economic Union and to South Ossetia, Abkhazia, Mongolia and Uzbekistan.
Business in Russia
Russia’s export duty on wheat to be $41.26 per metric ton from February 28
The duty for corn will total 828.9 rubles ($9) per metric ton.
Business in Russia
LG profits in Russia rise around 9-fold in 2023, despite supply suspension
Net profit in Russia in 2023 amounted to 3.259 bln rubles ($35.06 mln).
Business in Russia
Russia to commission 20 GW of renewable capacity by 2035 — Novak
The total installed capacity of renewable energy sources in Russia amounts to 6 GW at present.
Business in Russia
Putin calls Gazprom one of world industry leaders
Gazprom sets itself the most ambitious goals despite all external challenges, develops promising global markets, said Russian President.
Business in Russia