News

GDP growth in 2026 projected at 0.5-1.5%, further growth expected at 1.5-2.5%
Russia's economy grew by more than 4% during two years of rapid growth in 2023-2024, Adviser to Central Bank Governor Kirill Tremasov noted.
Business in Russia
Russia’s oil and gas revenues down 33.87% in November
In January-November, oil and gas revenues fell by 21.4%.
Business in Russia
Russia finds ways to prevent decline in oil supplies
Minor dips may take place for a while, Dmitry Peskov noted.
Business in Russia
Russia’s manufacturing PMI index up to 48.3 points in November
Although the headline figure rose slightly, underlying data indicated a steeper fall in output levels during November, the report said.
Business in Russia
Tourist flow between Russia, Saudi Arabia could triple after visa abolition
"According to Artur Muradyan, vice president of ATOR for international tourism, general director of the tour operator Space Travel, if visa-free travel is introduced between Russia and Saudi Arabia, inbound tourist flow could increase two to threefold by next summer," ATOR reported.
Business in Russia
Rosneft produces 134 mln tons of liquid hydrocarbons, 58 bcm of gas in 9M
"The indicator performance is primarily driven by the production cap in  compliance with the decisions of the Russian Government," the report said.

Business in Russia
Exports from Russia to Thailand could be expanded through supply of machinery
Chairman of the Board of Eximbank of Russia Pyotr Zaselsky noted the growing interest in products from the Made in Russia segment such as eco-friendly products, cosmetics, goods for children and home.
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Talks on BRICS cross-border payment system at a crawl
According to Anton Siluanov, payments are being made in reliable currencies and using the reliable infrastructure.
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Foreign investments in Russian government bonds were 3.9% in October 2025
The par value of OFZ bonds held by nonresident totaled $13.7 bln as of early November 2025.
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Tanker rates soar by 576% since year’s start amid sanctions against Russia
The publication states the run-up in supertanker bookings came as US penalties on the oil exports of Russia’s Rosneft and Lukoil took effect on Friday, which has forced buyers to turn to other suppliers.
Business in Russia