business in Russia

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Greek and Bahraini enterprises to appear in Crimea

Crimean Deputy Prime Minister Georgy Muradov said today that a delegation of entrepreneurs from Greece will arrive in the peninsula in the nearest time. ‘’We are expecting a delegation from Greece on Monday-Tuesday,’’ he …

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EU finds sanctions imposed on Rotenberg unjustified

An EU court has partially upheld a complaint from Russian billionaire Arkady Rotenberg against personal sanctions placed on him following the annexation of Crimea.  The court's decision acknowledged that the sanctions against …

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Massandra to send wine to Taiwan

A state owned company ‘Massandra’, the largest producer of wine in Crimea, plans to send the first batch of wine to Taiwan in a volume of 20 thousand bottles,  the director general of the enterprise, Yanina Pavlenko, said. …

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Private Internet Access shuts down Russian servers

Private Internet Access announced today to all its customers via email that it made the decision to shut down all of the company's Russian servers. The VPN provider, who operates servers in dozens of countries, cites a new Russian …

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Baku to host Azerbaijan-Russia business forum

Baku will host the Azerbaijan-Russia business forum June 20, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said June 4, Trend reports. The event, to be organized with the support of Azerbaijan's Ministry of …

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Austrian businessmen return to Russia

Austrian investors decided to be the first to return to Russia, since right now there are extremely favorable conditions for investments, Die Presse newspaper writes. As the report of the Federal Economic Chamber of Austria states, over …

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Russia increases its oil exports by 5%

The administration of the central dispatch of the Energy Statistics published today the Russian oil industry’s statistics in January-April 2016, from which it follows that Russian oil exports in this period increased by 5.1% to …

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 Moody's withdraws national scale ratings in Russia

Moody's Interfax Rating Agency has today withdrawn its Russia national scale ratings. "This decision was taken in light of legislative changes and other potential restrictions applicable to the business of providing NSRs in …

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Sergey Aksenov: "Crimea got on 'the rails' of peaceful life"

The head of the Republic of Crimea, Sergey Aksenov, speaking about what was done in the region two years after the reunification of Crimea with the Russian Federation, noted that the republic no longer depends on food supplies from Ukraine, and …

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 Gazprom extends contract with Alexei Miller

Alexey Miller's contract with Gazprom has been extended till May 2021. "The board of directors has considered the issue of election of Gazprom chairman of management committee and unanimously elected Alexey …

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