News

Foreign insurers from WTO countries becoming entitled to work in Russia
To create branches, such market players should have assets worth at least $5 bln and the accreditation with the Bank of Russia.
Business in Russia
Annual inflation in Russia is now 6.5% — Putin
According to him, the financial authorities are taking the necessary measures to bring inflation back to the planned level.
Business in Russia
Russian PM orders to close three Sakhalin ports for foreign vessels
Seaports of Alexandrovsk-Sakhalinsky, Moskalvo, and Poronaisk will be closed for provision of services and calls of foreign ships.
Business in Russia
Russia to send proposal on zero duty for chipboards to EEC
This measure is aimed at stabilizing the construction materials market.
Business in Russia
Russia to reach record-high oil production by summer 2022 - forecast
The OPEC+ coalition’s recent agreement to steadily raise oil production is paving the way for Russia to slowly shrug off Covid-19 curtailments, Norway’s Rystad Energy consulting company said in a statement.
Business in Russia
Gazprom Neft builds Russia’s first LNG bunkering vessel
The trials of gas and cryogenic equipment, loading systems, pumps and compressors for LNG storage and unloading have already been completed.
Business in Russia
Russian agency notes BRICS, South Asian states demand for cooperation with country’s firms
According to Svetlana Chupsheva, 40 Russian projects entered new markets and became winners of international contests and ratings last year only.
Business in Russia
Russia in 2021 will reach 2019 level in terms of trade
This year, the trade turnover in six months amounted to $340 bln.
Business in Russia
Russia’s Inflation Moderates, Remains at 5-Year High
The pace of food price increases has started to slow down, but inflation remains well above government targets.
Business in Russia
Cabinet measures to curb inflation have positive effect on economy - Putin
Russian President recalled that the government had introduced increased export duties on the products of the metallurgical industry.
Business in Russia