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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.

Technological Development Agency (TDA) and the Japanese New Energy and Industrial Technology Development Organization (NEDO) have signed a memorandum of cooperation.

Russian Export Centre (REC) and Alibaba Group have opened the Russian pavilion at the Chinese online trading platform Tmall Global.

Nissan company has begun to export spare parts produced at the St. Petersburg factory to Europe.

The volume of the Reserve Fund amounted to more than 2.56 trillion roubles (38.18 billion dollars) as of August 1, having increased by 4 percent in rouble terms in one month.

The European regulator points it out that Russias GDP returned to growth in the first quarter of 2016 and grew by 0.3 percent, as compared to the fourth quarter of 2015.

Rosneft Trading SA Company being a part of the Rosneft Group delivered the first batch of gasoline in the Asia-Pacific Region (APR).

The profit of Gazprom decreased by 19 times in the second quarter of 2016, as compared to the second quarter of 2015 - from 137 to 7.2 billion roubles.

ccording to the proposals of the agency, the financial support may amount to 4.6 billion roubles (excluding capital investment) instead of 12.1 billion.

Food prices in Russia grew by 31.6 percent during the two years of the food embargo mode.

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