Russian company starts preparing documents for construction of power grid in Mongolia.

Russia’s Federal Grid Company (FGC), an affiliate of Rosseti holding, initiated preparation of a preliminary feasibility study for the Russia - Mongolia power bridge. Study results are scheduled to be discussed in the second quarter of 2018.

Business in Russia
Russia ready to supply rocket engines to Argentina.

Vladimir Putin said that domestic business was interested in projects in Argentina.

Business in Russia
Meeting with Ambassador of Malaysia to Russia.

Delegation of the Russian Business Council for Cooperation with Malaysia, headed by its Chairman, Mr. Vladimir Sautov, met with newly Appointed Ambassador Extraordinary and Plenipotentiary of Malaysia to Russia, H.E.Datuk Mat Dris Haji Yaacob.

News of Business Council
International Monetary Fund names Russia among sources of global GDP acceleration.

Current upswing in the global economy "furnishes an ideal moment to act on a range of multilateral challenges".

Business in Russia
Moscow Exchange may become a site for trading in cryptocurrencies.

According to a lawmaker, the Central Bank is now considering the Moscow Stock Exchange for those purposes.

Business in Russia
World Bank predicts Russia able to reach global economic growth average rates.

It is necessary to enhance the efficiency of capital and labor in order to achieve high growth rates.

Business in Russia
Russia greenlights tax-free shopping for foreign citizens.

The Federal Customs Service will organize 14 refund offices at international airports in Moscow, St. Petersburg and Sochi.

Business in Russia
Testing of second MC-21-300 airliner to begin in February or March.

"The Irkutsk factory is getting ready to streamline the manufacturing of the MC-21-300 jets, the newest Russian airliners, in 2019.

Business in Russia
US dollar hits its lowest level against ruble since mid-October on Moscow Exchange.

The US dollar dropped against the ruble by 29 kopecks to lie at 56 rubles and 92 kopecks.

Business in Russia
Russia’s upgraded MiG-29 fighter jets to test new aircraft armament in Syria.

A batch of MiG-29SMT aircraft was sent to the Hmeymim air base in Syria in September for testing.

Business in Russia