business in Russia

Forbes names Russia's richest businesman

Forbes magazine has compiled the rating of 200 richest Russian entrepreneurs, topping the list is head and beneficiary of Norilsk Nickel Vladimir Potanin with a fortune of $19.7 billion (up from the 6th place with $18.1 billion). …

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Elena Baturina is no longer Russia's richest woman

The founder of the online retailer Wildberries Tatyana Bakalchuk topped the list of Russia's richest women, Forbes magazine said. According to the publication, her fortune reached $1.4 bln. Bakalchuk pushed off the …

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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 …

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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 …

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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 …

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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 …

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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 …

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