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About 250 billion roubles have been invested in the development of import-substituting manufactures in the past two years.


Gold and foreign currency reserves of Russia fell by eight billion dollars during the week from December 9 to December 16, which is by more than two percent. Their volume now amounts to 379 billion dollars.


The Russian company NTechLab announced the launch of a new product - FindFace Enterprise Server SDK. The companies will be able to use FindFace facial recognition system within their own corporate IT infrastructures.


Russian Direct Investment Fund (RDIF) has multiplied the investment in the project of Hyperloop extra-fast train.


The system of fraud prevention on the basis of biometric verification and identification of individuals allowed the Russian banks to save more than four billion rubles in 2015.


Norwegian company Opera Software closes its Russian office.


German consortium offered Russian Railways (RZD) financing the construction of a high-speed highway Moscow - Kazan.


The volume of counterfeit goods in Russia in some sectors is almost one-third of the total market volume.


The Bank of Russia has changed the status of one of the existing microfinance institutions from a micro-credit to a micro-finance company (MFC) for the first time.


Economic growth in Russia will be slow in 2017 after overcoming the recession - an average of 2 percent per year. This is about 1.5 times lower than the world rates and the country will be closer to the poorest nations of the world in its performance indicators.


The Minister for Affairs of the North Caucasus Lev Kuznetsov announced the need to change the image of the region.


Businessmen from Iran want to invest in waste processing, as well as in the production of agricultural products, seeds and poultry in Dagestan.


Nord Stream 2 AG company has applied to the Swedish government for a permit for the construction of a gas transportation system Nord Stream-2.


The first order of Russias largest data processing and storage centre will be launched in Tver Oblast in spring of 2017.


Nokia company intends to localize their services in Russia and will consider the issue of establishing local production.


The largest Russian company of Danone Group located in Oryol Oblast may be closed.


The consortium including Total and Gazprom companies has commenced commercial operation of Incahuasi field in Bolivia.


The market of Russian luxury cars has increased by almost 23 percent in the first seven months of 2016, as compared to the same period of last year.


The Reserve Fund of Russia decreased by 18.4 percent and amounted to 2.09 trillion roubles by September, as compared with the beginning of last month.


Russian programmers have repeated the success of their colleagues at the global competition for face recognition.


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