News

Severstal has worked out new development strategy for 2024-2028
Severstal completed the implementation of the previous strategy in 2022, Alexander Shevelev noted.
Russia’s manufacturing PMI index up to 54.4 points in May — S&P Global
"Output growth strengthened amid sustained and robust customer demand, which drove the upturn in new orders," the report said.
Outbound tourist flow from Russia to gain 16.6% this summer — association
The highest tourist flow is expected this summer to Turkey, Abkhazia, the UAE, Egypt, and Thailand.
Russia’s international reserves up $2.2 bln over week — Central Bank
Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government.
Russia to promote reasonable protectionist policy
There is no objective to substitute all imported goods by Russian ones, Viktor Evtukhov noted.
Russian banks receive $3.45 bln of profit in April — Bank of Russia
"At the same time, the return on capital increased to 24.5% from around 22%," the regulator said.
Import duty on wines from NATO to become prohibitive if approved — customs
"Paying the duty and then carrying on with business, from an economic point of view, is possible only for very high-margin products," an official noted.
More than 128 countries confirm participation in SPIEF 2024 — Roscongress
The St. Petersburg International Economic Forum will be held on June 5-8, 2024.
Russia’s international reserves up $5.3 bln in one week to $603.7 bln — Central Bank
Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian government.
Russia’s steel production down 5.7% in April to 6.2 mln tons — WSA
Steel production by Russia, Ukraine and other CIS countries totaled 7.4 mln tons in April, which is 3.5% lower than in the same period last year.