#economy

Stanislav Kiselev: Doing Business in Russia

Stanislav Kiselev, founder of the cleaning service Helpstar, on how he came back to Moscow to become a businessman

FIAT Hopes to Make Tractors in Russia

The Ministry of Industry and Trade of the Russian Federation is considering Italian automobile company FIAT’s proposal to produce tractors in Russia

World Bank Praises Russia for Budget Openness

In terms of openness level and budgetary data quality - Russia outstripped Germany and Italy in 2015

Foreign Tourists in Russia Spend $12 Billion Annually

The Russian Federal Agency for Tourism, or Rostourism, calculated how much foreign tourists spend

Foreign Investors Buy 95% of Russian 30-Year Eurobonds

Foreign investors became the main buyers of Russian Eurobonds issued on June 20, 2017

‘Urban’ Is Taken More As Format for Design Than Genre of Design

Excerpt from Benjamin Bratton’s new essay on what makes the norms really new

Moscow Circus to Help Build World’s Largest Circus in China

The Grand Moscow Circus will become a partner in the construction of the world’s largest circus in China

Wonderful Future ‘Inevitable’ for Russia, Says Mr. Putin

Russian President Vladimir Putin expressed confidence that Russia is going to have a bright future

Russia's Sberbank Outperforms Goldman Sachs’ Brand Valuation

Sberbank outperformed Goldman Sachs’ brand value in the Brand Finance Banking 500, according to the bank. Sberbank’s brand value grew by 33% in 2016, reaching $9.1 billion

Russia Prepares Ten Projects for US Investors

The Russian Direct Investment Fund, or RDIF, has prepared ten projects in agriculture, road construction, logistics and other economic sectors for US investors

Russia 45th Among World’s Most Innovative Countries

Russia has become 45th out of 127 in the rating of the world’s most innovative countries

Moscow Region Attracted $11.6 Billion in Investments in 2016

The economy of the Moscow region attracted 700 billion roubles ($11.6 billion) in investments during 2016, according to Andrey Vorobyev, governor of the Moscow region

Russians Choose to Stay in Their Home Country, Poll Shows

The current economic crisis and Western sanctions have had no impact on Russians’ willingness to emigrate

Russia Could Become Net Food Exporter in 2017

Food exports from Russia could exceed imports this year

Russia Back on Investors' Radars

International investors are once again interested in Russia due to its economic recovery

Russia Starts Developing National Cryptocurrency

The Bank of Russia started national digital currency development project

Russian Restaurateur Novikov Claims Import Substitution a Complete Success

Import substitution in the field of food production has been a complete success in Russia, according to restaurateur Arkady Novikov

Russia Spent 250 Billion Roubles on Industrial Import Substitution

Some 250 billion roubles ($4.04 billion) have been invested into the development of import-substitution production facilities over the past two years

Auchan Planning to Invest Hundreds of Millions of Dollars Annually into Russian Market

French retailer Auchan intends to invest 20-30 billion roubles ($328.7-493.1 million) annually into the development of their business in Russia

Russia One of Top Instant Coffee Exporters to Germany

Russia provided five precent of German imports of instant coffee this past autumn