#market

Experts Note Record Growth of Business Activity in Russia’s Service Sector

The PMI Business activity index of Russia’s service sector reached 56.5 points in December, showing the highest growth rate since July 2016

Russian Manufacturing Reaches Five-Year High

Business activity in the Russian manufacturing sector has reached its highest level in the past 69 months

Russian Exports to Switzerland Increase Fivefold

Shipments of Russian goods to Switzerland in November increased by a factor of 4.5 in comparison with November 2015, reaching 64 million Swiss francs ($62.2 million)

Russian Market ‘Stardom’

Citi called the Russian stock market’s growth in 2016 promising, and the possibility of a US presidential administration friendlier to Russia may cause further growth

Russia Tops China in Emerging Markets Rankings

Russia finished second in Bank of America Merrill Lynch’s emerging markets rankings

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 to Supply 50,000 Tonnes of Grain to Venezuela

In January of next year, Russia and Venezuela will sign a contract whereby 30,000–50,000 tonnes of Russian grain are to be supplied to Venezuela