#economy

Russia Recognised Among Top 25 Best Countries in the World

Thanks to a formidable armed forces and proficient diplomacy, Russia has been ranked among the Top 25 best countries in the world

Russia and India Plan to Establish a $1 Billion Investment Fund

Denis Manturov, the Head of the Ministry of Industry and Trade of Russia said that Russia and India are negotiating on establishing new $1 billion fund

Russia Named Best Country for Investments in 2017

International investment banks called Russia the favourite of foreign portfolio investors for 2017

Investments in Moscow Exceed $28 Billion in 2016

Mayor of Moscow Sergei Sobyanin said that investments in the city's economy and industry exceeded 1.7 trillion roubles ($28.74 billion) in 2016

Russia's Largest Bank Predicts Influx of Migrants Due to Economic Growth

The influx of migrants in Russia will increase in 2017 if the economy continues to recover, according to a report by Sberbank CIB analysts

Bloomberg Predicts ‘Happiness’ for Russian Economy

Russia has the potential to drop nine spots in Bloomberg’s ‘Misery Index’ this year

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

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

Demand for Business Travel to Russia Increases by 60%

The number of invitations issued for business visas to Russia increased by almost 60% in 2016 compared to 2015

Russia Again World’s Leading Oil Producer

Russia’s oil production surpassed Saudi Arabia’s in December 2016, although both countries’ overall output fell during that period

Russia to Start Shipping Poultry Products to Egypt

Russia received permission to export poultry products to Egypt

Foreign Tourists in Russia Spend $12 Billion Annually

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

Russia’s Non-Resource Exports Increase to Almost 40%

The share of non-resource, non-energy exports from Russia rose to 38.2% last year, according to RNS, citing data from the Russian Export Centre

Bloomberg Predicts Russian Economic Growth in 2017

Russia's GDP will grow by 1.1% this year and by another 1.5% the year after, according to a survey of analysts conducted by Bloomberg

Bloomberg: Russia and Brazil Most Profitable Emerging Markets for Investment

Investors and analysts interviewed by Bloomberg have called Russia and Brazil the best choices for investment among developing countries

Russian Ambassador in US: Economic Relationship Between Two Countries to Improve

"There is life beyond sanctions. We see that many US companies working with us feel comfortable and don't intend to change their strategy," Kislyak said.

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

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

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 Produces Extra $4 Billion of Agricultural Goods as Part of Import Substitution Effort

Russia has produced $4 billion of additional agricultural goods as part of its import substitution programme, according to Deputy Minister of Agriculture

RDIF Positive Russia’s Economy Will See Growth in 2017

Russia's economy is predicted to bounce back in the first quarter of this year

Growth of Business Activity in Russia’s Service Sector Hits Eight-Year High

The IHS Markit Russia Services Business Activity Index rose to an eight-and-a-half-year high of 58.4 in January

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