News

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.

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.

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.

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.

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.

Russia's Fintech to discuss contracts with Visa and Mastercard in 2018.

The issue of concluding contracts with the companies may be considered next year.

Russia plans selling 30 Sukhoi Super Jet -100 in coming year.
Sukhoi Superjet 100 (SSJ-100) is the Russian short-range passenger jet developed by Sukhoi Civil Aircraft (part of UAC) with participation of foreign companies.
Siemens, Enka to build 495 MW power plant in Russia’s Tatarstan.

The main specific feature of the power plant is the possibility of working on syngas, a byproduct of petrochemicals production.

Rosneft starts drilling exploration well on Black Sea shelf.

The resource base of the Zapadno-Chernomorsky Area is provisionally estimated at 600 mln tonnes of oil and 100 bln cubic meters of gas.

Kaspersky Lab eyes stronger presence on Indian market.
The planned output is 6.5 billion cubic meters of gas a year for a period of 15 years.