The spreading coronavirus in China poses a threat to Russian exporters of foodstuffs to the country, Kommersant writes.
China has stopped several batches of Russian fish products and halted talks on new contracts while falling consumer demand has cut prices on poultry 10-15%. Market participants have not yet adjusted their...
State-run operator Russian Railways has canceled its order on termination of cargo service with China from Friday, Vedomosti reported.
"In connection with the clarifications received (order by the Transport Ministry dated January 25, 2020), operational order 89 dated January 30, 2020, is canceled," according to the new order, signed by...
Russian Prime Minister Mikhail Mishustin has ordered the closure of the country's Far East border to prevent the spread of the deadly coronavirus, TASS reported Thursday.
“The order was signed today and has taken effect,” Mishustin said as quoted by the state-run news agency.
“We’ll inform everyone today about the border-closure...
Croatian company AD Plastik Group has contracted new deals for the Russian and European markets worth $35 million in total, Total Croatia News reported.
Additional jobs for the Renault-Nissan-AvtoVAZ alliance in Russia worth $24.7 million have been contracted, and cooperation with France’s PSA Group is continuing on the European market,...
Alexander Fridman, the 19-year-old son of billionaire Russian investor Mikhail Friedman, rents a $500 a month apartment on the outskirts of Moscow and uses the city's high tech subway system to get to work, Bloomberg reported.
Alexander decided to try his hand at entrepreneurship over attending college, telling the news...
The European Union added seven Russian-backed officials in Crimea to its sanctions blacklist on Tuesday for organizing local elections in the peninsula last year, Reuters reported.
As any EU move on sanctions requires unanimity, the decision awaited the approval of Cyprus, with Nicosia having stalled the process in recent weeks,...
Real disposable incomes in Russia increased by 0.8% in 2019, beating expectations and accelerating from 0.1% seen in 2018, latest data published by Rosstat shows, according to Interfax.
In 2014-2017 disposable income dived by 8.4%, but the Ministry of Economic Development expects further disposable income recovery of up to 1.5-2%...
The value of goods and services traded between Israel and Russia exceeded $5 billion in both 2018 and 2019, taking the figure to above pre-crisis levels, Israel’s Jerusalem Affairs Minister Ze'ev Elkin has said, according to the Jerusalem Post.
“Our trade volume, at least, according to the Israeli system, both...
Russia’s national statistics agency Rosstat has said in its latest assessment that small and medium-sized enterprises (SMEs) now make up just over a fifth of the country’s economy, RBC reported.
Russia defines SMEs as businesses employing fewer than 250 people, with annual revenues of under two billion rubles ($31 million), and meeting...
Russia’s Business Rights Commissioner Boris Titov has asked the chairman of the Supreme Court Vyacheslav Lebedev to pay attention to the problem of “trials within a reasonable time” encountered by companies, RAPSI reported on Tuesday.
According to the business ombudsman, the problem appears in the organization of transfer of criminal cases to...
