News
State Duma approves bill on tax maneuver in IT sector
The reduced 7.6% rate of insurance contributions will be set for IT companies since 2021 and perpetually.
Business in Russia
Russia Signals Return to Fiscal Conservatism with Future Budget Cuts
The Finance Ministry wants to cut spending by up to 10% from next year.
Business in Russia
Russia’s first COVID-19 vaccine ready, deputy defense minister says
All volunteers without exception developed immunity against the coronavirus and felt normal.
Business in Russia
Putin signed law on electronic receipts in tax-free system
The document will come into force from January 1 of the next year.
Business in Russia
S&P confirms Russia's BBB-rating with ‘stable’ outlook
The decline in oil prices, reduction of oil output under the OPEC+ deal, and the negative consequences of the COVID-19 pandemic will lead to a decrease in the Russian economy by 4.8% in 2020, the report said.
Business in Russia
Russian Economy Won't Reach Pre-Coronavirus Level Until 2024
Recovery will be among the world’s slowest.
Business in Russia
Russian Economy Shrank 10% in Second Quarter – Central Bank
Oil production cuts outweighed recent recovery in other parts of economy.
Business in Russia
Russian hi-tech firm develops mobile anti-drone system
The Ataka-Trophy anti-drone system can be employed during mass events and for protecting vital infrastructure.
Business in Russia
Terms of achieving National Projects' goals to be extended until 2030
The government faces the work amid tight budget restrictions in coming years, the Russian PM noted.
Business in Russia
Russian university says clinical trials of COVID-19 vaccine completed
The volunteers will be discharged on July 15 and July 20.
Business in Russia