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Articles:

The First Rating of the Best Pharmaceutical Companies in Russia
World health care and pharmaceuticals were not ready for coronavirus infection. There was a shortage of doctors, hospital beds, medicines, and an understanding of how to fight the new virus successfully. The states redesigned hospitals, built new ones, involved doctors of almost any specialization and even medical students in the treatment of patients, in pharmaceuticals the race for drugs against the new virus and vaccines began. What is happening has significantly increased the interest of investors in the industry, including in Russia.
--03-09-2020--
Farewell to Cyprus: the Breakdown of the Double Taxation Agreement with the Island
The news that the Russian Ministry of Finance decided to break the agreement on the avoidance of double taxation with Cyprus, although it sounded like a bolt from the blue, was not entirely unexpected. There are several strategies that can be considered for the future.
--08-08-2020--
Pandemic Consequences
Analysts from SPARK-Interfax have studied settlements with suppliers from companies included in the government's list of the most affected industries. It turned out that their payment discipline was lame even before the pandemic, and companies had a certain practice in settlements with suppliers.
--19-07-2020--
Russian Economy will Need Four Years to Recover from the Crisis
The world economy will be able to return to pre-crisis levels in 2022, while the Russian economy - only in 2024, analysts of the Economist Intelligence Unit (EIU) predict. Recovery will be hampered by low raw materials prices, experts warn.
--17-07-2020--
New Restrictions on Exports to Russia Come into Force in the USA
Two new rules have come into force in the United States that restrict the export of goods to Russia. They relate, inter alia, to the export of computers and bearings, which will need to be licensed even for deliveries to civilian consumers.
--30-06-2020--
A New Law Protecting Russian Companies under Sanctions
The Federation Council approved a bill that allows Russian sub-sanctioned persons transfering any disputes to a Russian court and punishing opponents who disagree with this maneuver.
--06-06-2020--
Sistema-Biotech Developed a Coronavirus Test that Allows Finding out the Result in Two Hours
In terms of accuracy, it surpasses the analogues currently used in Russia.
--19-03-2020--
Yandex will Launch a Platform for Distance Learning
Yandex is investing more than 200 million rubles in creating a platform for distance learning. In March, the platform will be available free of charge throughout Russia.
--18-03-2020--
The Leader of the List of Richest Russians has Changed
The co-owner of Novatek and Sibur Leonid Mikhelson ceded leadership of the Russian part of the global Forbes list to Vladimir Potanin.
--11-03-2020--
A New Member has Entered the Ranking of 200 Richest Businessmen in Russia
The founder of Komus has been included into the list of the richest Forbes businessmen.
--05-03-2020--
Russian Gold Producers
Forbes has compiled a rating of entrepreneurs who control the production of gold in Russia. The list contains 17 names. These businessmen account for about two-thirds of Russian gold production.
--27-02-2020--
Tens of Billions Spent on Supporting Small Businesses in Russia were Wasted
For four years, the Russian state spent 80 billion rubles to support small business, but the effect is not obvious. It is more profitable for small entrepreneurs to take a loan from a bank on market conditions than to apply for state support.
--25-12-2019--
A New Image of Sberbank: How German Gref Decided to Reform the Country's Largest Bank
Sberbank and Mail.ru Group hope to create a rival to Yandex in the field of the "last mile" delivery.
--23-12-2019--
Migration of Billions: Main Transactions of Russian Businessmen in 2019 Took Place Outside the Country
Perhaps the main outcome of 2019 is that the most interesting transactions and investments with the participation of Russian businessmen were in no way connected with Russian assets.
--23-12-2019--
Story of Lukoil's Success: Company's Shares are Growing for the Third Year in a Row
The largest Russian private oil company Lukoil F 1 is growing rapidly for the third year in a row - the rally that started in mid-2017 continues.
--19-12-2019--
How Millennials and Boomers Evaluate Changes in Russian Business
In the 90s, businessmen were afraid of bandits, now - the state.
--28-11-2019--
Wow-products of Russian Cosmetics Brands
We have already posted a review of the best Russian-made natural cosmetics brands. However, such a big variety of products may seem confusing for potential customers who have never tested them before. Thus, here you will find a list of the wow-products of different Russian cosmetics brands recommended by experienced beautyholics.
--28-10-2019--
Best Russian-made Natural Cosmetics Brands
Here you will find the list of reputable cosmetics brands made in Russia. These producers conscientiously manufacture and test their products, use natural substances and care about consumers.
--28-10-2019--
Russian Oligarchs: How Billionaires Try to Improve the Image of Russia in the USA
Russian businessmen and companies controlled by them donate millions of dollars to cultural events, exhibitions and tours to promote Russian culture in the United States and improve Russia's image.
--08-10-2019--
Quiet Haven for Business. 10 Most Suitable Countries for Russian Companies
Cyprus, Luxembourg and Singapore topped the ranking of the best countries for Russian business, compiled by UFG Wealth Management and Confideri family office.
--25-09-2019--
Large Russian Companies with the Best Reputation
The top 3 of the ranking of Russian companies with the best reputation according to the Reputation Institute includes Domodedovo, Yandex and Sheremetyevo. In general, the reputation of Russian companies is worse than that of foreign companies working in Russia, follows from the study.
--24-09-2019--
Moscow Entered the Top 10 Cities in the World with the Best Ecosystem for Startups
This is evidenced by the rating of the research company StartupBlink, which covered more than a thousand cities and one hundred countries.
--20-09-2019--
5 Most Rapidly Developing Companies in Russia
Moscow's constructors and exporters of coal and grain are among the five fastest growing companies in the Forbes rating.
--18-09-2019--
Private Companies Growing by 150-250% Per Year in Russia
The growth rate of the Russian economy in 2018 reached a record for six years, 2.3%, despite the tightening of international sanctions and pressure on financial markets.
--17-09-2019--
Russian Businessmen Entered the Top 5 in Terms of Wealth Growth in the World Ranking
This is evidenced by the Forbes Real Time rating data. It tracks the change in capital of the richest people on the planet and is updated in real time.
--16-09-2019--
10 Best Banks for Russian Millionaires - 2019
Forbes compiled an annual ranking of the best Russian and foreign banks for millionaires. For the first time in the history of this rating, Sberbank did not take the first place.
--06-09-2019--
Organic Agriculture in Russia
Organic agriculture, also known as biological or ecological agriculture, is a global trend that is practiced in 180 countries of the world, including Russia. The main task of organic agriculture is to be as natural as possible, ethical in relation to nature.
--26-08-2019--
P2P Financing in Russia
The search of financing is one of the key issues in business. Bank requirements are becoming tougher, the rates are growing, refusals are received all the more often. Against the backdrop of all these processes, the business is constantly looking for alternative sources of financing. There exist the following types of p2p financing.
--26-08-2019--
The Investment Activity of Russian Companies
The researchers note that the reason for the investment activity slowdown was a lack of resources: the net financial result of Russian companies in January-May 2019 increased by 36.5%, and the annual growth rate of funds on rouble deposits reached a local maximum and exceeded 30% against the background of high rates of enterprises.
--24-08-2019--
S&P Assessed the Impact of New US Sanctions on Russia's Creditworthiness
New US sanctions will not affect Russia's creditworthiness, S&P analysts say. At the same time, they do not exclude the risk of introducing more stringent restrictions by Washington.
--23-08-2019--
Pink Diamond from Russia may Become One of the Most Expensive in the World
This year, Alrosa may sell the Phantom of the Rose diamond for a close to a record price of $ 60-65 million, Bloomberg writes. The company itself indicates that it will become the most expensive diamond ever mined and cut in Russia.
--20-08-2019--
Subsidies for Franchisees in Moscow
New measures have been introduced to support franchising in small and medium-sized businesses in Moscow.
--16-08-2019--
Sanctions War: Who Benefits from the Food Embargo
Five years ago, Russia imposed retaliatory sanctions against the countries of the European Union, the USA, Canada, Australia, and Norway.
--16-08-2019--
Russia's Switching to Euro. The Process of De-dollarization in the Foreign Trade
Amid the desire to reduce dependence on the dollar, the share of settlements with major foreign trade partners in euros is growing significantly.
--16-08-2019--
Bloomberg: Russia will Bypass Saudi Arabia in Gold and Foreign Exchange Reserves
For the first time in eight years, Russia can enter the list of four countries with the largest foreign exchange reserves, Bloomberg predicts. This may become a “lever of pressure” on OPEC countries.
--15-08-2019--
The Flexibility of the Ruble and Low Public Debt. Fitch Upgrades Russia
The international rating agency Fitch upgraded Russia's long-term foreign currency credit rating BBB- to BBB with a stable outlook due to the “reliable and consistent” policy.
--15-08-2019--
“Power and Money” Ranking - a List of the 100 Richest Civil Servants and Deputies of Russia
Forbes magazine presents the traditional “Power and Money” ranking - a list of the 100 richest civil servants and deputies of Russia, according to the results of the 2019 declaration campaign. The cumulative income of the participants in the “Power and Money – 2019” ranking by Forbes made up approximately 71 billion roubles.
--23-07-2019--
The Most Profitable Russian Franchises - 2019
Forbes Magazine has published the ranking of the most profitable franchises of Russia for the year 2019. The ranking was divided into three parts: “Investments of 5-25 million roubles”, “Investments of 1–5 million roubles” and “Investments of up to 1 million roubles”.
--18-07-2019--
The Most Generous Russian Companies
Forbes has compiled a list of the most generous Russian companies that value their top managers more than others in monetary terms.
--20-05-2019--
Foreign Companies with the Best Reputation in Russia
Toyota, Rolex and Bosch took the first places in the ranking of foreign companies with the best reputation in Russia. The authors of the rating, analysts from the Reputation Institute, are sure that the reputation of companies in Russia and in the rest of the world is perceived in completely different ways.
--19-05-2019--
The Most Unusual Acquisitions and Gifts of Russian Billionaires
Forbes magazine has made a list of the most unusual acquisitions and gifts of Russian billionaires. The participants of the list were not ranked by lines.
--18-05-2019--
Investors from Arab Countries will be Invited to Participate in Russian National Projects
In particular, the Arab Mubadala investment fund that had previously invested in Russian projects showed interest in investments in Russia.
--27-04-2019--
Russian Billionaires Ranking
The founder of the “Magnit” store chain, Sergei Galitsky who sold 29.1 percent of his company’s shares to the VTB group for $ 2.44 billion in early 2018, headed the annual ranking of Russian billionaires with the highest income composed by the Forbes magazine.
--30-03-2019--
Forbes: the Most Reliable Russian Banks
Unicredit Bank ranked first in the top 100 of the most reliable banks in Russia compiled by the Forbes magazine.
--30-03-2019--
Undisclosed Financial Services of the Russian Market
The Bank of Russia posted the information about the economy sectors that created the main demand for undisclosed financial services in 2018 on its website.
--29-03-2019--
The Second Billionaire Woman in Russia
Turning Wildberries into a unicorn company makes its sole owner Tatiana Bakalchuk a billionaire.
--21-02-2019--
The Most Expensive Runet Companies - 2019
The trend towards the transformation of Russian Internet companies into ecosystems and the consolidation of the industry led to changes in the Forbes rating.
--21-02-2019--
“Regulatory Sandboxes” for IT Companies
It is proposed to create "regulatory sandboxes" for the blockchain, neurotechnology, robotics, systems based on big data and wireless communications in Russia in 2019.
--29-01-2019--
Russia May Significantly Increase Gas Supplies
In the next five years, Russia may significantly increase gas supplies to Europe and its share in the local market.
--29-01-2019--
The Best Russian Employers
Five Russian enterprises were listed in the ranking of the best employers by Forbes.
--24-10-2018--
Average Wages in Russia
Russian National Agency for Financial Studies published a report on average wages in Russia, including the most highly paid employees in the country and districts with the highest average salaries.
--23-10-2018--
The Largest Private Companies In Russia
”Lukoil” with its annual revenue of 5.47 trillion roubles has become the largest private company in Russia. This conclusion can be made from the annual ranking published by the Forbes magazine. The list includes a total of 200 largest Russian companies, more than 50 percent of their shares belong to private owners.
--11-10-2018--
Top 15 Russian Grain Exporters
Top 15 exporters of grain in Russia supplied almost 75% of all exported volumes of Russian grain last year, or about 25 million tons.
--31-07-2018--
Forbes Rating Of the Largest Companies Includes 27 Russian Corporations
The largest enterprise in the country is Gazprom, which took the 40th line of the list (53rd - last year).
--24-05-2017--
Randstad Award-2017 Chose the Best Employers Of Russia
The statuette of the Randstad Award was obtained by Gazprom Neft and Mercedez-Benz companies.
--15-04-2017--
X5 Retail Group Became a Market Leader
One of the largest Russian multiformat retail companies X5 Retail Group has taken back the leadership in the Russian food retail sector.
--23-01-2017--
Electronic Russia: 10 Russian Ñompanies Able to Meet Competition with the West, Part 1
The import substitution strategy undertaken by the Russian authorities in the sphere of electronics in the last two years has had limited effect so far. However, it does not mean that Russia has little to show in the global market. The Forbes has made a list of ten Russian companies that are a success abroad.
--28-10-2015--
200 Largest Private Companies In Russia
The ranking of the 200 largest private companies in the country is headed by the “Lukoil” oil company which revenue under US GAAP amounted to 4.75 trillion roubles in 2014.
--24-09-2015--
Vympelcom 'Stronger Than a Year Ago'
Vympelcom, Russia’s major telecom company, has published its 3Q results.
--16-11-2014--
Corporate New Year Parties Over After Kremlin's Barb
The party’s over after for many state-run companies after the Kremlin indicated it’s wrong to use corporate funds to pay for lavish New Year celebrations.
--19-12-2013--
Russian, Chinese, U.S. Companies Link Up to Form New Rating Agency
A new rating agency to take on the big trio is being established by three companies from Russia, China and the U.S. Russia-IC looks at the future of the new institution.
--25-10-2012--
Capturing Moscow
Russian officials have discovered Swedish mobile operator Tele2 signal in the Moscow region. The company has no permission to work on this territory. The Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (Roskomnadzor) has already warned Tele2 of a licenses revocation possibility.
--22-05-2012--
The Growth of Auto Industry in Russia
The Ministry of Economic Development has signed four agreements with global automakers to boost country's auto industry. This is the beginning of increase of investments made into country’s economy.
--22-05-2012--
The Failure of BP-Rosneft Deal
BP's and Rosneft's deal for $16 billion collapsed. Russian state-owned company is out of the agreement with BP due to the refusal of the Russian shareholders of TNK-BP to sell its stake in the company, at this moment Rosneft is searching for the new partners.
--22-05-2012--
ICQ Servers will be Located in Moscow
Mail.ru company is ready to transfer ICQ servers to Moscow. This may cause several problems for alternative ICQ clients users.
--22-05-2012--
Russia and Egypt Telecom Companies Agree to $6.6 bln Merger
Russia's VimpelCom Ltd and Weather Investments, the investment company headed by Egyptian telecom mogul Naguib Sawiris, said they are merging to form what would become the world's fifth largest mobile telecommunication service provider in a deal valued at over $6.5 billion.
--22-05-2012--
Russian Steel Producers Ready to Sweep U.S. Market
Russian steel giants are gradually expanding their presence on the American market by acquiring U.S. steel producers. No wonder, they are thought to be among potential bidders for AK Steel, the third largest steel maker in the USA.
--08-08-2008--
Coal and Energy Giant was Born in Russia
The biggest energy holding in Russia has been created as a merger of Siberian Coal and Energy Company (SUEK) and a number of power assets owned by Gazprom. The new company will be under control of the Russian gas monopolist. In case the deal is approved by the Russian regulatory bodies, the energy holding's value will exceed $16 billion. Consolidated SUEK plans to file IPO in prospect.
--28-02-2008--
Russian Aircraft Manufacturers
Nowadays Russia is not sufficiently represented at the world aviation market, since the key roles are played by foreign aircraft manufacturers. However, it doesn’t mean Russians have nothing to be proud of in the field of aircraft construction. Here you can find the information about Russian leading aircraft builders and design bureaus.
--02-12-2011--
Russian Metallurgical Companies
The metallurgical industry of Russia is one of most rapidly developing sectors. Here is a list of Russian metallurgical companies occupying key positions on the market.
--07-12-2011--
Google in Russia: Interview
For over 10 years the Russian market has been found very attractive for foreign companies, and number of their Russian departments is growing fast. At Google International Party conducted recently Russia-IC arranged an interview with Vladimir Dolgov, head of Google department in Russia, and here is what he said.
--31-05-2007--
Foreign Cars vs. Russian Car Manufacturers
A new foreign car for a common Russian citizen is the evidence of prosperity and a steady well-paid job. That is why Russians prefer Fords, Toyotas and Mitsubishi to domestic Ladas and Nivas and the results of the recently conducted survey prove this idea.
--22-03-2007--
The First Stock Exchange for Small Companies Opens in Russia
Small turnover companies or just new ones, which couldn’t operate at the exchange, have recently been given such an opportunity. RTS START, a new market, has been established especially for them.
--22-05-2012--
Mergers and Acquisitions of Russian Market
Western M&A markets got used to mergers prevailing over acquisitions, but as for the Russian part, here acquisitions form the major share of dealings.
--14-12-2006--
Russian Cellular Market: Faster, Bigger and More Expensive
Today Russia is the world’s third country by number of mobile subscribers (140 million, which is equal to the population) yielding China and the USA only. Therefore, operators are expected to develop the market not extensively but intensively by means of new services for subscribers.
--21-11-2006--
40 Most Expensive Russian Brands
Interbrand Zyntzmeyer & Lux AG agency together with weekly newspaper Business Week Russia published the yearly rating of 40 the most expensive Russian Brands.
--09-11-2006--
Norilsk Nickel Abandons Globalization Ambitions
The dreams of becoming a transnational corporation seem to have vanished in the new development policy the Norilsk Nickel is expected to announce by the end of May.
--22-09-2012--


News:

25% of Russian Companies are on the Verge of Bankruptcy
The increase in the number of potential bankrupts can be attributed to debts.
--28-12-2020--
Freedom Buys American Broker
As the company says, membership in FINRA and the purchase of an American broker gives Freedom Holding direct access to US exchanges and the ability to serve American investors.
--22-12-2020--
The First Serial Electric Car in Russia will be Available Next Year
The developers are completing tests of a prototype of the first mass electric car in Russia, Kama-1.
--29-11-2020--
Franchise Business in Russia Went Down
The number of applications for the purchase of a franchise in Russia decreased by 12% yoy.
--09-11-2020--
Russian Delivery Market may Grow by almost 50%
By the end of the year, the Russian food delivery market may reach 258 billion rubles: growth will reach a record 47%,.
--07-11-2020--
AliExpress will Store and Send Orders from Russian Regional Sellers
The AliExpress Russia company will now provide services for storing and sending orders for entrepreneurs from Russian regions.
--23-10-2020--
Moscow will Distribute to Businesses Free Accounts on eBay and Europages
The Moscow Export Center (MEC) is accepting applications for free accounts on the world's leading marketplaces until October 10.
--08-10-2020--
More than a Third of Russian Companies will not Survive Second Quarantine
39% of Russian companies may not survive a second quarantine in the event of a worsening epidemiological situation in the country.
--08-10-2020--
AliExpress will Launch an Express Food Delivery Service in Russia
AliExpress Russia (owned by Alibaba Group, Mail.ru Group, MegaFon and RDIF), together with the Samokat service, is launching express delivery of products and consumer goods in Russia.
--31-08-2020--
AliExpress will Allow the Self-employed Opening Stores on the Site
Self-employed from 75 regions of Russia will be able to open their own stores on the AliExpress marketplace.
--29-08-2020--
Small Business Returned to Stagnation after a Period of Activity
Business activity index in July fell from 45 to 44.2 points.
--25-08-2020--
Brand Finance Named the Most Expensive Russian brands
The consulting company Brand Finance has presented the annual rating of the most outstanding Russian brands - Brand Finance Russia 50 2020.
--20-08-2020--
More than a Third of Russian Enterprises are Unprofitable
In January-May 2020, the share of unprofitable enterprises in Russia reached 36%.
--11-08-2020--
Yandex is Planning to Launch its Own Financial Ecosystem
Yandex plans to start working in the banking and financial sectors.
--11-08-2020--
The State Duma Adopted a Law on Tax Maneuver for IT Companies
The State Duma adopted a bill on tax maneuver for IT companies in the third final reading.
--25-07-2020--
Vkusvill Stores will Pour Water Free of Charge to Combat Disposable Bottles
The company decided to pour water for free in order to encourage customers to avoid plastic bottles.
--25-07-2020--
Medical Insurance Startup BestDoctor Raised $ 4.5 Million from International Funds
BestDoctor develops an online health insurance platform.
--25-07-2020--
AnderSon Russian Cafe Network has Become a Partner of the AliExpress Platform
They started selling positions from the menu at the marketplace.
--07-07-2020--
VkusVill Opened in Netherlands
The first VkusVill store opened in Amsterdam.
--02-06-2020--
Sberbank Took the Sixth Place among the Largest World Companies in Creating Value for Shareholders
The average annual shareholder return (TSR) of Sberbank for 2015–2019 amounted to 41%.
--26-05-2020--
23 Russian Companies Entered the List of the Largest in the World
The American Forbes magazine published an annual rating of the largest public companies in the world. The list included 23 Russian companies - one more than a year earlier.
--15-05-2020--
Elementaree Delivery Service Raises $ 5 Million Investment
Elementaree grocery delivery service has attracted investments from the Russian Direct Investment Fund (RDIF), Bonduelle and a number of Middle Eastern partners.
--08-05-2020--
Main Problems of Doing Business in Russia
Foreign companies cite lack of staff and administrative barriers as the main problems of doing business in Russia.
--17-03-2020--
Every Fifth Russian Travel Agency May not Survive the Coronavirus Pandemic
Up to 20% of Russian travel companies may close due to the consequences of the new type of coronavirus pandemic COVID-19.
--13-03-2020--
CEO of Lamoda Invested in Russian Cosmetics Company Blom
The Russian cosmetics company Blom, which produces patches with bio-soluble hyaluronic microneedles, has attracted investments from Lamoda co-founder Burkhard Binder.
--11-03-2020--
Embria will Invest One Million Dollars in the Russian Service
Embria company will invest one million dollars in the Russian platform for the marketing of ASOdesk mobile applications.
--05-03-2020--
Vkusvill Enters the Dutch Market
The Russian retailer Vkusvill chose the Netherlands as its first European market: the company registered a legal entity Vkusvill Netherlands B.V. in the country.
--28-02-2020--
M.Video-Eldorado, X5 Retail Group, Hoff and Beeline will Create a Retail Innovation Tech Alliance
M.Video-Eldorado, X5 Retail Group, Beeline and Hoff are looking for innovative startups.
--28-02-2020--
Wildberries may Bypass AliExpress in Russia in Terms of Turnover
Analysts believe that the success of the Chinese site in Russia forced Russian companies to reconsider their strategy.
--27-02-2020--
The ED2 Accelerator has Launched the Fifth Enrolment of EdTech Startups
The accelerator invites projects from Russia and the CIS working in various fields of education (pre-school, school, additional, professional, etc.), as well as in the HR-tech and Talent-tech industries.
--13-02-2020--
Russian Post is Thinking of Launching a Corporate Venture Fund
The initial price of the contract makes up 59.8 million roubles; the contractor will have to prepare two documents - a long-term development program and an innovative development program.
--11-02-2020--
The Russian Dating Service Mamba will Enter Turkish Market
The Russian dating service Mamba will invest more than one million dollars in entering the Turkish market in 2020.
--11-02-2020--
YouDo Offers B2B Services
The service for the search of contractors YouDo launches a special platform where you can hire self-employed people for execution of orders.
--11-02-2020--
Capsula Clothing Startup Got Investment From YellowRockets
Capsula startup developed for the selection and delivery of clothing has attracted investments from the YellowRockets fund, which manages the Samara region's venture capital fund.
--31-01-2020--
The Service for Hiring General Laborers Attracted Investment from Two Business Angels
Rabochiye Ruki LLC allows companies to find laborers at a fixed price.
--31-01-2020--
Russian Online Cinema IVI will Conduct an IPO on NASDAQ
The Russian online cinema ivi will conduct an initial public offering (IPO) on the US exchange NASDAQ.
--30-01-2020--
IIDF Subsidiary has Developed a Platform for Selling Personal Data to Business
IDX, a subsidiary of the Internet Initiatives Development Fund (IIDF), is launching the Datamania platform to sell the right to use the personal data.
--30-01-2020--
Russian Startup MyBuddy.ai was Recognized as the Best at the GESAwards Educational Projects Competition
MyBuddy.ai prize amounted to 100 thousand dollars.
--30-01-2020--
The Founder of Yandex will Sell about Two Million Shares of the Company
The founder of Yandex, Arkady Volozh, will start selling off the company's shares belonging to him and his family trust.
--30-01-2020--
"Azbuka Vkusa" will Start Selling its Products through Ozon
The marketplace presents more than 500 positions under its own brands.
--14-01-2020--
Yandex.Drive Launches its Service in Europe
Yandex.Drive plans to launch electric car sharing in one of the European cities.
--14-01-2020--
Wildberries Enters the European Market and Opens a Platform in Poland
The largest Russian online retailer, Wildberries, is entering the European market: Poland will be the first EU country to launch the online store.
--10-01-2020--
The Pessimism of Small Businesses has Grown Stronger in the First Half of 2019
In recent years, greater negativity indicators were observed only in 2015.
--23-12-2019--
Russian Companies will be Able to Protect their Trademarks Abroad
The World Intellectual Property Organization (WIPO) will include Russian language into the list of working languages of filing applications for the international protection of trademarks and design solutions.
--23-12-2019--
An Online Grocery Store Selling Goods from Russia has Opened in the Tmall Food Segment
The agreement on the creation of the store was signed in September by the Russian Export Centre (REC) and the Chinese Epinduo company.
--30-11-2019--
A Free Business Accelerator was Launched in Moscow
The training program is designed for the representatives of the fields of beauty industry, preschool education and tourism - both for beginning entrepreneurs and those who want to scale their business.
--30-11-2019--
The Fastest Growing Enterprises in Russia
The Yargeo oil and gas company has topped the ranking of the fastest growing enterprises in Russia in 2019.
--28-11-2019--
The X-Cart E-commerce Platform from Ulyanovsk will be Merged with the American SellerLabs Company
The merger will take place through a stock exchange; together the companies will form the Seller Labs Group including all assets.
--28-11-2019--
Seven Russian Companies Got into the Top 500 of the Global 2000 Ranking: The World’s Best Employers by Forbes
The highest position among Russians belongs to the Nornickel company that ranked 36th; there are no other Russian companies in the top 100.
--28-11-2019--
Russia Ranks Third in the World in Terms of Fintech Services Penetration
Russia ranks third among the 20 largest world markets in terms of penetration of fintech services.
--25-11-2019--
Central Bank: the Russian Crowdfunding Market Fell Sharply in 2019
In the first nine months of 2019, the Russian crowdfunding market declined by 42%.
--25-11-2019--
American Retailer Acquired 25% of Familia Store Chain
Large American retailer TJX Companies acquired a 25% stake in Familia’s Russian chain of stores.
--25-11-2019--
American Marketplace iHerb Opens a Division in Russia
IHerb Marketplace sells natural supplements, cosmetics and other products. The Russian market is the largest for iHerb.
--21-11-2019--
The Largest Russian Companies have Accumulated over 3.4 Trillion Rubles in their Accounts
Gazprom has become the company with the largest reserve of funds accumulated in accounts in Russia.
--21-11-2019--
The Number of People Employed in the SME Sector Decreased by Almost 600 Thousand People
The number of people employed in the small and medium-sized business sector in Russia reached 15.4 million in October this year, decreasing by 567 thousand compared to the same period last year.
--11-11-2019--
Russian Tickets' Resale Platform Attracted $ 1 Million from Private Investors
The funds received are planned to be spent on platform development, marketing, team strengthening and the introduction of new technologies.
--11-11-2019--
The HSE Business Incubator Has Become the Best University Accelerator in the World
The business incubator of the Higher School of Economics (HSE) was recognized as the best university accelerator in the world according to UBI Global.
--11-11-2019--
New Safe Transaction Service for Small Companies
Alfa-Bank has launched the Safe Transaction service, which will allow small companies to conduct transactions between each other without contacting a bank or a lawyer.
--31-10-2019--
The Highest Salaries in Russia
The highest salaries in Russia are observed in the field of construction.
--30-10-2019--
Chinese Company May Receive 100% of the Shares of the Russian Intourist Tour Operator
The Fosun investment company from China may receive 100% of the shares of the Russian Intourist tour operator after the bankruptcy of the British Thomas Cook holding that included the tour operator, if it is agreed with external managers.
--23-10-2019--
Neurodata Lab Technologies have Entered the World Top Three
The AI technology for the recognition of human emotions developed by Neurodata Lab has been included in the top 3 of the best such technologies in the world.
--14-10-2019--
Yandex Ranked Among the Fastest Growing Companies in the World
Yandex took the 24th place in the list of the fastest growing companies in the world, compiled by the American magazine Fortune.
--02-10-2019--
The Service for Gamers Legionfarm has Attracted $ 1.5 Million
With the help of Legionfarm, gamers can move faster through the game: the service allows players to hire advanced gamers to complete quests or gain new levels in online multiplayer games faster.
--02-10-2019--
Russian Startups will be Able to Take Part in the Facebook Accelerator
Startups from Europe, the Middle East and Africa will be able to take part in the Facebook accelerator for the first time.
--01-10-2019--
5G Laboratory for Startups
MTS plans to open a 5G laboratory for startups developing products on the basis of the fifth generation network in a number of fields, including in cloud rendering, remote game play and new formats for data computing and storing.
--30-09-2019--
Venture Fund for Food Tech Startups
Agro-industrial holding Efko has created a venture fund for food tech startups.
--27-09-2019--
Sberbank and the California Accelerator 500 Startups Started to Accept Applications
The second round of the accelerator, organized by Sberbank and the California accelerator 500 Startups started to accept applications.
--04-09-2019--
VkusVill Network Plans to Expand in Europe
In particular, the possibility of opening a store in Paris is being considered.
--04-09-2019--
Russian Railways Launches its Own Corporate Accelerator for High-tech Startups
Russian Railways is interested in technologies that will improve the infrastructure of the railway, traffic control and rolling stock.
--04-09-2019--
Sberbank and Mail.ru Group will Create a Joint Venture
The company will be created on the basis of DeliveryClub and Citimobil; the parties plan that it will become the “leading Russian platform” for online-to-offline services in the field of food and transportation.
--17-08-2019--
The Russian SOK Co-working Network will Expand Abroad
The Russian SOK co-working network plans to expand to Israel and the United States: the first co-working space of the network in Tel Aviv should open this year.
--17-08-2019--
Russia will Get its Cheese Valley
The construction of the first plants has started at the “Syrnaya Dolina” (“Cheese Valley”) agricultural park in Dmitrovsky district of Moscow Oblast.
--17-08-2019--
10 Startups have Become Finalists of the MTS Corporate Accelerator
The list includes projects in the spheres of HR, e-sports and fintech.
--16-08-2019--
Russian Company Raises $ 15 Million from a Group of Investors
The express delivery service Dostavista has raised $ 15 million from a group of investors: funds Vostok New Ventures, Flashpoint and AddVenture. Terms of the transaction and company valuation is not disclosed.
--13-08-2019--
Russian Educational Startup Raises $ 6 Million Investment
MEL Science, an educational startup that developed a kit for conducting chemical experiments using VR technology, has attracted six million dollars.
--08-08-2019--
Technical Recession in the Russian Economy is Predicted
Experts of the Stolypin Institute of Economics of Growth predict the onset of a technical recession in the Russian economy in 2019.
--05-08-2019--
More than Half of Entrepreneurs in Russia Consider their Occupation to be Dangerous
The Head of the Accounts Chamber (AC), Aleksei Kudrin, stated that more than half of entrepreneurs in Russia consider their occupation to be dangerous. In particular, he noted that attention should be paid to a number of issues related to the work of law enforcement agencies.
--25-07-2019--
Russian Business Doesn't Go Digital
“Strategy Partners” consulting company has conducted a research on the readiness of Russian business for digital information.
--24-07-2019--
Russian Meat is the Most Promising Category of Food to be Sold to China
The forecast of KPMG analysts took into account the current manufacturing plans of the entire sector and individual major players.
--18-07-2019--
The Number of Ads for the Sale of Ready-made Businesses Increased
Against the background of growing numbers of people wishing to sell their businesses, the prices are falling. The price has decreased by 8% during the year; now the average cost of a ready-made business makes up 3.05 million roubles.
--18-07-2019--
Russian “Barista Robot” Attracted More Investments
Foodtronics company has attracted 12 million investments from the Moscow Seed Fund and business angel Aleksandr Zhdanov. Foodtronics has developed a Fibbee “barista robot” - an automated coffee shop that makes coffee without human participation.
--18-07-2019--
The Crunchbase Platfrom will Publish Information about the Russian Venture Capital Market
The Russian analytical platform Dsight will merge databases on technology projects with one of the world's largest platforms, Crunchbase.
--12-07-2019--
Rostech will Support Technology Startups
Rostech has launched the Industry 4.0 investment fund, which will specialize in technology startups with ready-made technology.
--11-07-2019--
Ministry of Agriculture will Support Regional Product Brands
The Ministry of Agriculture of the Russian Federation will develop measures to support regional food brands.
--11-07-2019--
Abrau Durso and X5 Retail Group will Create a Joint Venture
The companies will create a joint venture and develop the Russian Loza wine brand, which has been owned by Abrau Durso since 2016.
--11-07-2019--
In 2018, 984 Thousand Legal Entities were Penalized Under Administrative Law in Russia
This figure has doubled since 2015: 400 thousand legal entities were fined then.
--27-06-2019--
Sberbank and McDonald’s will Cooperate in Innovational Development
Within the frame of the signed agreement, the companies intend to develop partnership in the field of acquiring, as well as in other innovative fields.
--26-06-2019--
Russian IT Market is Growing
Russian IT market grew by 17% in 2018, as compared with 2017, reaching a volume of 1.5 trillion roubles.
--14-06-2019--
More than 600 Thousand Russian Enterprises Went out of Business in 2018
The number of closed companies exceeded the number of those that were opened 2.14 times.
--14-06-2019--
Xiaomi is Planning to Launch its Own Contactless Payment Service in Russia
The manufacturer of smartphones and smart devices Xiaomi is planning to launch its own contactless payment service, Mi Pay, in Russia.
--14-06-2019--
The Far Eastern High Technology Fund, Created in 2018, has Decided on its First Investments
The fund will invest 75 million roubles in the cloud telephony service for Hotlead business.
--13-06-2019--
The Russian Startup BestDoctor Attracted the Investment of $ 3 Million
The Russian Startup BestDoctor, which deals with technologies in corporate health insurance, attracted the second round of investment of $ 3 million.
--31-05-2019--
The Russian Direct Investment Fund will Invest in Artificial Intelligence
The Russian Direct Investment Fund (RDIF) has raised two billion dollars from foreign partners, and plans to invest them in Russian companies in the field of artificial intelligence.
--31-05-2019--
Russian Companies were Minimally Involved in the Transactions on the Purchase of Foreign Business in 2019
The indicator of the first quarter of 2019 has become the second lowest in the last 20 years; only the indicator for the first quarter of 2017 was worse, when there were no such transactions at all.
--20-05-2019--
It is Planned to Open 30 New “My Business” Centres in Russia in 2019
“My Business” centres operate by the “one contact” principle; entrepreneurs will be able to get all the necessary services for starting and running businesses at these centre.
--16-05-2019--
The Number of Sentences Imposed by Russian Courts with Regards to Economic Crimes has Increased by 20%
A total of 7,700 people were found guilty of committing economic crimes.
--16-05-2019--
Ozon.Invest P2B Financing Service
Ozon online retailer launched Ozon.Invest p2b financing service: using it, individuals will be able to invest in companies.
--15-05-2019--
AliExpress will Sell Goods of Russian Retailers and Manufacturers
The site has already begun to test the access system of Russian goods.
--25-04-2019--
Russian Crowdfunding Market Grew by 34% during 2018
In 2018, the market grew mainly due to an increase in the segment of small and medium business loans, which accounted for 96% of all funds raised.
--25-03-2019--
The Best Russian Banks by Forbes
Banks in 23 countries of the world were evaluated on the basis of 40 thousand customer reviews by Forbes.
--05-03-2019--
The Online Grocery Delivery Market Grew by 50% in Russia
The online grocery delivery market grew by 50%, reaching a volume of 23 billion rubles in 2018.
--05-03-2019--
The Date of Launch of the “Power of Siberia” Became Known
The Head of “Gazprom”, Aleksey Miller, has disclosed the date of launch of one of the large-scale state-owned projects - the “Power of Siberia” gas pipeline for transferring Russian gas to China for the first time.
--25-02-2019--
The Russian Sistema_VC Fund Invested in the DataSine Project that is Engaged in Personalizing Content for Customers
The company is developing the Pomegranate platform that personalizes digital content - emails, SMS, phone scripts and even landing pages for customers.
--24-02-2019--
The Moscow Authorities Plan to Simplify the Process of Entry of Businesses Into the Innovation Cluster
The bill on the innovation cluster has already been approved by the Presidium of the Government of Moscow
--24-02-2019--
The Index of Business Activity of Russian SMEs Dropped Down
An index value of less than 50 points indicates a decline in business activity of the sector; the indicator fell below this mark in the third quarter of last year.
--24-02-2019--
The Russian Startup StartRocket Plans to Create an Advertising Billboard in Near-earth Orbit
It is noted that the technology can be used not only for advertising purposes, but also for the transfer of emergency messages.
--08-02-2019--
The Vkusvill Chain of Stores is Discussing the Possibility of an IPO
Various options are being considered: among them is the placement of up to 25% of the increased authorized capital on the Moscow Stock Exchange.
--08-02-2019--
Large Foreign Companies Showed the Worst Results in Entering and Leaving the Russian Market in 2018
The activities of foreign brands in Russia are influenced by the fall in real incomes of Russians, as well as the active development of commerce on the Internet and changes in consumer demand.
--08-02-2019--
IIDF Annouonced Participants of Its New Accelerator
This year, the recruitment included many regional projects - startups from Chelyabinsk, Tomsk, Krasnodar, Khabarovsk and other cities.
--07-02-2019--
The Number of Companies Set Up in Russia in 2018 Fell by Almost 20%
At the same time, the percentage of companies that have ceased operations is growing.
--28-01-2019--
"Pobeda" has Become the Fourth Largest Russian Company
In 2018, the Pobeda's fleet increased. Now, it has twenty four Boeing 737-800 airplanes.
--27-01-2019--
Mass Production of Aurus Cars will be Launched
Ñars will be manufactured in Alabuga (Tatarstan), where it is planned to create capacities for the production of five thousand cars per year.
--23-01-2019--
Tatarstan Industrial Tourism
A new tourist route is planned to be launched in Tatarstan. It will be created for businessmen and students.
--22-01-2019--
SME in Moscow Received over 27.7 Billion Rubles of Loans with State Guarantee Support in 2018
The volume of guarantees of Small Business Assistance Fund in Moscow equaled to 13.7 billion rubles in total, which exceeded the previous year statistics by 13%.
--20-01-2019--
AliExpress Russia will be Launched in 2019
The common joint venture of Mail.Ru Group, Alibaba Group, MegaFon and Russian Direct Investment Fund (RDIF) named AliExpress Russia may already start working in early 2019.
--20-01-2019--
Main Trends of the Russian Grocery Retail Trade
Further consolidation of retailers, development of promotion offers and the rivalry for the leadership between the major market players will determine the prospects for the development of retail trade in Russia.
--11-11-2018--
Russian Exports in the Sphere of Services is Growing
Exports in the sphere of services have reached a volume of 30.9 billion dollars in the first half of 2018, showing the highest indicator since 2014.
--17-10-2018--
Russia to Develop Heavy Drones for Military Purposes
Russia's Defense Ministry has placed an order with the Russian Helicopters Company for creation of the new heavy UAVs with advanced technical characteristics, the company's deputy head told the press on Tuesday.
--12-05-2015--
Russia Directs Biggest Companies to Cut Dollar Holdings
The Russian Government has ordered five biggest firms to limit foreign currency reserves in order to support the rouble.
--26-12-2014--
Kaspersky Lab Posts 6 Percent Revenue Growth in 2013
Kaspersky Lab, a major anti-virus vendor in the world, has reported a 6 percent increase in earnings in 2013.
--04-05-2014--
US Brings New Sanctions Against Russians and Russian Companies
On Monday, April 28, the United States introduced sanctions against seven individual Russians and 17 Russian companies, White House Press Secretary Jay Carney said.
--30-04-2014--
Ukraine to File an Action Against Russia's Gazprom
Ukrainian authorities have decided to launch a lawsuit against Russian energy giant company Gazprom, acting Ukrainian Prime Minister Arseny Yatsenyuk told the press on Monday.
--29-04-2014--
State-Run Companies Agree to Disclose Salaries
State corporations and state-run companies would disclose the pay of their staff in a move to improve transparency and curb corruption after a deal with the government and the trade unions
--25-12-2013--
Snowden Gets New Job in Russian Company
Former US intelligence contractor Edward Snowden has started his new job at a major Russian company, his lawyer said on Friday.
--12-11-2013--
Pig DNA Found in Halal Meat in Moscow
Pig DNA has been found in sausages and ham produced at a halal meat processing plant in Moscow, though the company denies any use of pork in its halal products.
--02-04-2013--
Gazprom Becomes Chelsea Sponsor
Russian energy giant Gazprom and reigning European club champions Chelsea have signed a three-year sponsorship deal.
--19-07-2012--
EVRAZ and Polymetal Are Included in FTSE 100 Index
EVRAZ plc, owned by the Russian oligarch Roman Abramovic, and the producer of precious metals Polymetal have been included in the FTSE 100 Index of the UK’s leading public companies.
--08-12-2011--
Large Russian Cigarette Producer to be Sold to Foreign Investors
The last large Russian cigarette producer Donskoy Tabak may be sold to foreign investors by March 2012, reports Russian mass media.
--22-11-2011--
LiveJournal Will Be Free from Advertising Banners
LiveJournal will remove all banner adverts from the service's pages. The famous blogging platform's new Director General, Ilya Dronov, announced it within a special press-conference dedicated to the service's future.
--22-11-2011--
Largest Russian Beauty Producer to be Acquired by Unilever
Unilever PLC has agreed to acquire 82% Russian skincare company JSC Concern Kalina for about 16.7 billion (?390m), is reported in Unilever press release. Unilever has been preparing the deal for several years.
--14-10-2011--
Russian Largest Fertilizer Producer is to Buy Plants in France and Belgium
Russian agrochemical holding EuroChim, owned by Andrey Melnichenko, intends to acquire BASF’s fertilizer assets located in Belgium and France.
--28-09-2011--
Rusal May Build Aluminium Plant in Iran
Rusal considers the possibility of building an aluminium plant in Iran, which would make the 9% from its whole production, writes the newspaper Kommersant. The U.S. sanctions against Iran make some difficulties for the project realization.
--22-09-2011--
AutoVAZ Has Sold 393 000 Cars for 8 Months
AutoVAZ has sold out 392 999 Lada cars on the results of the eight months, what is 22.9% more than for the same period last year. The sales including import has made up 425 663 cars.
--03-09-2011--
VTB Group Doubled Bonuses to its Top Management in the First Half a Year
VTB Group has doubled bonuses to its top management in the first half a year, what made 3.2 bln Rubles (about $106.6) in comparison with the same period last year.
--03-09-2011--
AvtoVAZ Announced 2 Billion Rubles Net Profit in the First Half Year
AvtoVAZ posted a 2 billion ruble ($70 million) net profit to Russian Accounting Standards in the first half of 2011, after a 724 million ruble loss in the same period last year.
--15-08-2011--
The Head of General Electric to Join the Board of Directors of RAO UES
Russian state-controlled power exporter is going to appoint Jeffrey Immelt, General Electric Co. Chief Executive, to its board.
--14-07-2011--
Abrau-Durso's Owner Bought the Vineyards of "Putin's Palace"
Abrau Durso company, Russia's largest producer of sparkling wines, owned by Boris Titov, buys vineyards and a winery in Gelendzhik from Russian businessman Alexander Ponomarenko.
--06-07-2011--
Nordgold Will Mine Gold in Burkina Faso
The Bissa Gold company, owned by Nordgold, a subsidiary of Severstal, has recieved a permission to mine gold in Burkina Faso.
--06-07-2011--
Volga is Gone
The Volga brand, owned by the Gorky Automobile Plant, will be no more. The GAZ company decided to get rid of it.
--05-07-2011--
300 000 Lada Cars Sold
In the first six month of this year the Volga Automobile plant sold about 300 000 Lada cars in Russia.
--04-07-2011--
Gazprom and Severslat Entered the List of Most Expensive Companies
Russian Gazprom and Severstal entered the annual ranking of world's largest companies of the FT Global 500.
--28-06-2011--
Russian Globus Gourmet Supermarkets Will Appear in London
Russian luxury supermarket chain of Globus Gourmet is going to open seven stores in some European capitals. The first luxury supermarket will appear in London at the end of 2011.
--27-06-2011--
Russia's Largest Oil Companies Stop Selling Gasoline
Russia's largest oil companies, including Rosneft, Gazprom and Lukoil, temporarily stopped selling gasoline in the St. Petersburg's International Commodity Exchange.
--23-06-2011--
One more IPO is Planned
O1 Properties, Russian investment and development company, owned by Boris Mints, plans an IPO in autumn, 2011.
--22-06-2011--
Luxemburg to Seiz Lisin's Assets
The Palace of Justice of Luxemburg has arrested Russian steelmaker NLMK's share in a joint venture with Duferco trader, owned by Luxembourg company Steel Invest & Finance.
--20-06-2011--
Diamond Monopoly Privatization
Russia is going to sell 10% stake in Alrosa, Russia's largest diamond company by 2012-2013.
--20-06-2011--
Ford and Sollars to Create a Joint Venture
Russian second-biggest automaker Sollers and Ford Motor signed an agreement to establish a joint venture and car producing in Russia.
--09-06-2011--
Yo-auto is Coming
Russian Yo-Auto will launch car production in St. Petersburg. The ceremony of the foundations of two future plants in St. Petersburg to be laid today.
--08-06-2011--
Crystal Owner Gets Rid of the Alcohol Business
Vasily Anisimov, Russian billionaire, is going to withdraw from the alcohol business.
--31-05-2011--
Rosneft Has Found Another Partner
Russian Rosneft oil company discusses possible collaboration and exploring oil and gas with Royal Dutch Shell Plc.
--26-05-2011--
Outlet Village Belaya Dacha to Appear in November
Russia's first outlet store Outlet Village Belaya Dacha will be opened in November, 2011. The outlet mall will be located in Kotelniki, Moscow region.
--26-05-2011--
Rosneft to Deal with Japan
Rosneft, Russian state oil company, is going to create a joint venture with Japan to fund oil exploration in Siberia.
--25-05-2011--





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