business in Russia

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Voronezh hosting Russian-Turkish business forum

About 20 Turkish companies will take part in the regional Russian-Turkish business forum, which opened in Voronezh today. The event is held by the Chamber of Commerce and Industry of the Russian Federation, the Russian Trade Mission in …

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Russian and Azerbaijani businessmen to meet in Baku

A business meeting between Azerbaijani and Russian businessmen will be held in the Baku Business Center on November 16, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said in a message. The meeting was organized …

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Russia improves its position in Doing Business rating

Russia has moved up to 35th place from the 40th in the Doing Business-2018 rating, which is annually prepared by one of the World Bank's divisions, the country's Economic Development Minister Maxim Oreshkin said at a …

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Russia's Gazprom ranks first in global power rating

Russia's Gazprom snagged the number 1 spot in the 2017 S&P Global Platts Top 250 Global Energy Company Rankings, ending U.S. oil and gas giant ExxonMobil's 12-year reign at the top of the list  Germany's E.ON …

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Russian companies pulling in less money

Russia's largest companies increased their incomes last year three times slower than a year earlier, according to the RBC 500 rating. The rating's participants increased their revenues by 4.2% in 2016, although a year …

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Russian billionaires increase capital

The total capital of 28 Russian dollar billionaires increased by $17.09 bln in January-August period of this year, according to the updated Bloomberg Billionaires Index, TASS reports. Aleksei Mordashov, the main shareholder of …

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Russian industrialists want strong ruble

Most (66%) of the Russian industry sector believes that strengthening of the ruble will have a positive impact on their work, annual study of the international consulting company Deloitte shows. According to vice-president of the …

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Russians support state control of food prices

Vast majority of Russians believe that only the state should establish and regulate food prices, annual issue of "Russian Monitoring of Economic Situation and Population Health", conducted by the Higher School of Economics, says. …

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Crimean winery ‘Massandra’ to produce champagne

The largest winery enterprise of Crimea, ‘Massandra’, this year will start producing champagne for the first time, the according message appeared on the official page of the winery on Facebook on Sunday. ‘’The …

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Export duty for Russian oil increases

The export duty for Russian oil has increased by $10.4 to $89.5 on February 1 from $79.1 per ton, the Russian Ministry of Economic Development said. The export duty for heavy oil has grown from $12 per ton in January to $13.9 per ton …

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 Russia is priority of Azerbaijan's export

Azerbaijan highly appreciates the level of trade and economic relations with Russia and plans to increase them in the future, the head of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), Rufat Mammadov, said, …

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Azerbaijan to open its first trade mission in Russia

Azerbaijan's first trade mission will be opened in Russia in the near future, the deputy head of the Ministry of Economy of Azerbaijan Sahil Babayev said at a meeting with members of the US Chamber of Commerce. …

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