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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.
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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.
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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.
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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.
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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.
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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%.
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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%.
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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