#market

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

Tesla Considers Entering Russian Market

The manufacturer of Tesla electric cars is currently searching for premises in Moscow and St. Petersburg for potential future offices, showrooms and service centres

Russia’s Abrau-Durso Hoping to Sell Wine in UK’s Asda Supermarkets

Russian wine producer Abrau-Durso is planning to continue negotiations to sell wine through the United Kingdom’s Asda supermarket chain

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 Becomes World Leader in Sugar Beet Production

Russia became the world leader in sugar beet production in 2016, overtaking France, the US and Germany, according to Minister of Agriculture Alexander Tkachev

Russia Could Become Net Food Exporter in 2017

Food exports from Russia could exceed imports this year

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