A new Russian digital track-and-trace system planned by the government could drive up prices of common consumer goods, Reason.com writes.
The government recently announced that the system, which already includes identification measures for some products, such as pharmaceutical drugs and alcohol, will be expanded to almost all common goods.
Launched in 2018,...
Russian job board operator HeadHunter said in a statement Tuesday that it does not expect a recent decision by the Russian Federal Antimonopoly Service (FAS) to have a significant impact on its operations.
The FAS said the company violated competition law by limiting the use of third-party automated recruitment services. HeadHunter had...
Russian bond sales have raised more than $1 billion from foreign investors since the beginning of the year, Kommersant writes citing reports by Bank of America and BCS Global Markets.
According to the reports based on Emerging Portfolio Fund Research (EPFR) data, four Russian issuers have already placed $1.6 billion worth of...
The Netherlands’ Supreme Court said in a ruling Monday it denied an appeal from SPI Group against a decision which gave the rights to the famous Russian vodka brand Stolichnaya in Benelux to a Russian state-owned company, RBC reports.
SPI maintains that its owner and founder, exiled Russian billionaire Yuri Shefler,...
The coronavirus outbreak in China may have serious implications on Russia’s tourism industry, given that Chinese travelers account for 18% of the volume coming to Russia, Vedomosti writes citing data provided by the Russian Union of Travel Industry.
China earlier announced additional measures to combat the deadly virus, including a ban...
Russian stocks were down in Monday trading at the Moscow Exchange amid fears over the coronavirus outbreak that rocked global markets, Forbes Russia reported.
The ruble-denominated RTS index of leading Russian shares was down 2.9% by Monday afternoon, following similar falls in Asia and big losses on the main European exchanges. The...
Russian authorities have approved imports of planting material from Bosnia and Herzegovina, Klix.ba reported on Monday.
Bosnian Minister of Foreign Trade and Economic Relations, Stasa Kosarac, confirmed that the Rosselkhoznadzor, Russia’s Federal Service for Veterinary and Phytosanitary Surveillance, has approved exports to producers of planting material and transplants from Bosnia-Herzegovina.
“These are...
Global port terminal operator DP World has tabled a bid to take a 49% stake in Vladivostok-based Fesco Transport Group, Port Technology reports.
Fesco is one of the largest private transport and logistics companies in Russia with assets in ports, railways and a sizeable fleet comprising of eight multipurpose vessels,...
Russian payday loan business Zaim Credits Systems expects increased lending volumes and better credit scoring to materially boost its performance in the current year, the company said this month, according to Proactive Investors.
The firm, which styles itself as a micro-finance/fintech company, has 300,000 customers who borrow an average of...
Russian state-controlled energy giant Gazprom had curtailed gas transit to Europe by more than 50% of the planned supplies, Ukrainian officials have said, according to Nezavisimaya Gazeta.
The newspaper writes that the move stems from excessive gas reserves in European storage facilities, which were stockpiled because of uncertainty in Russia-Ukraine...
