business in Russia

Nisanov and Iliev buy Moscow’s Central Market

The Kievskaya Ploshchad group of companies, owned by immigrants from Azerbaijan, God Nisanov and Zakhar Iliev, acquired the Central Market on Rozhdestvensky Boulevard in Moscow. The deal was reported by the head of Gremm Group, Mikhail …

Read
Russia improves its position in global rating

Russia, ranking No. 23, is seen as both the second-most powerful country and the fourth-most influential country in the world, according to U.S. News & World Report’s 'Best Countries' annual rating. Each country …

Read
Usmanov names his heirs

Billionaire Alisher Usmanov admitted that the family and top managers of the USM company could become possible heirs to his fortune, the businessman said in an interview to the Financial Times. According to Usmanov, many people helped …

Read
Rambler drops effort for criminal case against Nginx

Russia’s Rambler Group said it will stop trying to have a criminal case brought against web server Nginx, which was developed by former Rambler employees. Last week, Nginx’s offices in Moscow were searched following a …

Read
Opel resumes car sales in Russia

PSA Peugeot Citroen has begun selling new Opel models in Russia. "Opel is returning to Russia: today, first models of the German automaker from Russelsheim arrived at car dealerships of official dealers in main cities of …

Read
Moscow hosts 10th Russia-Azerbaijan Interregional Forum

The 10th Russia-Azerbaijan Interregional Forum has opened in Moscow today. The event is co-organized by the Russian Ministry of Economic Development and Azerbaijan’s Ministry of Economy. The business programme will feature an …

Read
What's in gain in Doing Business ranking for Russia?

Russia has risen to the 28th position in the Doing Business 2020 rating of the World Bank and the International Finance Corporation from the 31st position it occupied last year. The WB said in the report that it happened thanks to …

Read
"Caspian Convention lays groundwork for joint projects"

The Convention on the Status of the Caspian Sea, signed more than a year ago by the heads of the five Caspian littoral states, has laid the groundwork for for the active development of joint bilateral and multilateral projects in this region, the …

Read
Russia's business depression continues

Seventy nine percent of entrepreneurs believe that there are unfavorable conditions for doing business in Russia now, according to the results of the poll conducted by the All-Russian Public Opinion Research Center (VCIOM). The poll …

Read
Does Russian business suffer from nihilism?

Russian First Deputy Prime Minister and Finance Minister Anton Siluanov believes that Russian business does not want to see positive changes in public administration and the economy, and, having record profits, believes that …

Read
Forbes names Russia's wealthiest businessmen

The Russian edition of Forbes published the list of Russia’s 200 wealthiest businessmen. The list is topped by retailer Leonid Mikhelson, co-owner of Sibur and Novatek, with $24 billion. Vladimir …

Read

Populars