The businessman Vitaly Orlov, owning the “Norebo Holding” company located in Murmansk, got into the “Bloomberg Billionaires Index” ranking.

One of the largest Russian multiformat retail companies X5 Retail Group has taken back the leadership in the Russian food retail sector.

In November, Russia set a record for delivery of sweets abroad: more than 48 thousand tons worth 113.8 million dollars were exported.

This happened after the amendments to the Tax Code entered into force with the beginning of the new year.

The transaction of the purchase of a 19.5 percent stake in the “Rosneft” company by a consortium consisting of the Glencore oil trader and the Qatar Investment Autority (QIA) sovereign fund has been closed.

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.

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.

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.

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

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

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.

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.

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

“Rostekh” has presented an annual report on the activities of the state-owned corporation in the form of an art object with augmented reality.

The experts of the Russian Quality System praised the products of such brands as MAKFA, Shebekinskiye, Fine Life, Barilla.