News
Russia’s industrial production rises by 4.6% in January
According to statistics, Russia’s mining production in January increased by 0.8% in annual terms and production in manufacturing industries increased by 7.5%.
Russia close to canceling visas for citizens of Saudi Arabia, Myanmar, Malaysia — ministry
Oman, Bahrain, Saudi Arabia, Malaysia, Myanmar are prior in terms of cancellation of visas, Deputy Economic Development Minister Dmitry Vakhrukov said.
Russian Cabinet plans to ban gasoline exports from March 1
The restriction will not apply to member-nations of the Eurasian Economic Union and to South Ossetia, Abkhazia, Mongolia and Uzbekistan.
Russia’s export duty on wheat to be $41.26 per metric ton from February 28
The duty for corn will total 828.9 rubles ($9) per metric ton.
LG profits in Russia rise around 9-fold in 2023, despite supply suspension
Net profit in Russia in 2023 amounted to 3.259 bln rubles ($35.06 mln).
Russia to commission 20 GW of renewable capacity by 2035 — Novak
The total installed capacity of renewable energy sources in Russia amounts to 6 GW at present.
Putin calls Gazprom one of world industry leaders
Gazprom sets itself the most ambitious goals despite all external challenges, develops promising global markets, said Russian President.
Industrial production in EAEU up 3.7% in 2023
Output in manufacturing rose by 7.4%, in power supply, gas and steam supply, air conditioning - by 0.3%, the Eurasian Economic Commission reported.
Expenditures on National Projects in Russia total $2.44 bln as of February 1
According to the Finance Ministry’s data, performance is over 2% for International Cooperation and Export, Ecology, Science and Universities, and Safe and High-Quality Roads.
Russia’s National Wealth Fund totals $130 bln as of February 1 — Finance Ministry
The ministry added that the amount of liquid assets of the NWF was $53 bln, or 2.7% of GDP projected for 2024.