News
World Bank improves Russian GDP dynamics, expects its drop by 0.2% in 2023
In January 2023, World Bank experts forecast that Russian GDP would drop by 3.3% in 2023 and grow by 1.6% in 2024.
Business in Russia
Trade turnover between Russia, Vietnam to reach $10 bln by 2025
Vietnam is known to be Russia's long-standing partner.
Business in Russia
Russia’s 2022 meat exports hit 650,000 tons — veterinary watchdog
Meanwhile, Russia both exports and imports products, Sergey Dankvert noted, adding that exports exceeded imports by 100,000 tons.
Business in Russia
Bank of Russia sells foreign currency worth almost $70 mln with settlements on April 3
Sales of foreign currency on the domestic market with settlements on March 31 also totaled 5.5 bln rubles.
Business in Russia
Payments in national currencies to lift efficiency of Sino-Russian trade turnover
In the current situation, China and Russia may "experience financial persecution and sanctions by the United States to a certain degree".
Business in Russia
Extra revenues to Russia’s budget total $32.2 bln in late March
In March, Prime Minister Mikhail Mishustin reported that the Russian budget deficit was $42.5 bln.
Business in Russia
Exit of international players not affecting Russian grain exports
Earlier, it was reported that Viterra, a leading international grain trader, intends to halt Russian grain exports and exit the country’s market.
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UAE authorizes use of Mi-171A2 multirole helicopter
The Mi-171A2 is the latest model of a multirole heavy helicopter.
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Iranian cars assembly can start at plant in St. Petersburg
Evgeny Chizhov, director for strategic development of the company, noted that earlier MAN trucks were assembled on the territory of this industrial zone.
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Russia does not allow excessive militarization of its economy, says Putin
Russian President noted that the West is going to increase the production of weapons.
Business in Russia