#money

Vietnamese Business to Invest Additional $1.7 Billion in Russian Dairy

Vietnamese dairy company TH True Milk intends to invest $1.7 billion in dairy farming and the cultivation of fruit and medicinal plants in Russia’s Far East

Make Way for WayRay

WayRay, Swiss-based Russian startup and the developer of an innovative navigation system, receives $18-million investment

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

Russia's New Two Hundred-Rouble Banknotes to Be Made From Durable Paper

The new 200-rouble ($3.46) banknotes will be made from durable paper in order to extend their longevity

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

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

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

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

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

Russia’s Gazprom Exports to Hit Record Level in 2017

Russia’s state-controlled gas company Gazprom expects its exports to be record-high this year, the Deputy Chairman of the company management told the Rambler News Service

More Than $20 Billion Invested in Russia’s Far East

According to Alexander Galushka, head of the Ministry for the Development of the Russian Far East, investments in the region have reached 1.325 trillion roubles ($21.95 billion)

MasterCard Testing Selfie Payments in Russia

MasterCard is testing a payment service that uses selfie authentication in Russia

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

Russian Professional Gamers’ Monthly Earnings Exceed €20,000

The monthly earnings of professional gamers exceed €20,000, according to Anton Cherepennikov, a co-owner of e-sports holding ESforce

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’s Roscosmos to Spend $6 Billion on Cosmodromes

Russian State Space Corporation is planning to allocate about 340 billion roubles ($6 billion) on development programme for cosmodromes

Finding the Perfect Spot for a Coffee Shop in Moscow

Pro tips from Double B coffee shop founder Anna Tsfasman

Russian Rouble Named ‘Star’ of Foreign Exchange Market

The Russian currency is now a star of the foreign exchange market thanks to the growth of oil quotes