News

Regulator determines specifics of foreign exchange control over digital rights operations
The ordinance also specifies documents and information residents are supposed to provide to banks.
Business in Russia
Russia’s imports of vegetables up by 9.9% yoy in 2024
In 2024, import of tomatoes increased by 14.9% year-on-year to 479,400 tons.
Business in Russia
Russia to expand gas supplies to Central Asia and consider India pipeline
Gas supplies to China via the Power of Siberia pipeline could surpass the design capacity of 38 billion cubic meters in 2025.
Business in Russia
Rosatom to build Europe’s safest nuclear power plant in Hungary – CEO
The company is about to pour first concrete as part of the construction, the Russian company’s Director General Alexey Likhachev said.
Business in Russia
Russia’s economic growth will be almost 4% in 2024, Putin says
The Russian leader noted that the volume of trade between Moscow and Yerevan had doubled compared to 2023, and by the end of the current year it would amount to more than $ 10 billion.
Business in Russia
Russia intends to lift restrictions on oil product exports in the future
Alexander Novak noted that gasoline production in Russia exceeds the level of demand in the country by approximately 10%, so some of it needs to be exported.
Business in Russia
Deliveries to unfriendly countries are slightly above 15% in Russian exports
CIS and the nearest Russian neighbors, Southeast Asia, Persian Gulf countries, Africa, Latin America and Iran are among other destinations for Russian exports.
Business in Russia
Mineral fertilizer export duty in Russia to be 7% by end of December
"The measure will provide for lowering of the fiscal burden of mineral fertilizer producers, which paid export duties at a higher rate since last fall," the Russian Ministry of Economic Development stated.
Business in Russia
Russia considers launching direct flights with Brazil, Malaysia, Pakistan
Roman Starovoyt noted that Russia is holding negotiations with many airlines from friendly countries.
Business in Russia
Bank of Russia keeping close eye on prevention of excessive cooling of economy
The regulator said earlier following its board meeting that the cooling of credit activity has already encompassed all segments of the credit market.
Business in Russia