Availability of shopping space in Russia is approximately half that of leading European countries, Russian Industry and Trade Minister Denis Manturov told Izvestia.
"The potential for developing the industry is tremendous," he noted.
Global commercial real estate services organization Colliers International earlier conducted a study in 129 Russian cities to find...
Attempts by the government of North Macedonia to widen economic cooperation with Russia are not a response to the EU’s recent refusal to give his country a starting date for membership negotiations, Prime Minister Zoran Zaev said on Thursday, according to Balkan Insight.
Zaev told a Russia-North Macedonia economic forum in...
Russian car dealership Rolf is on sale as the owners are looking for buyers for 100% in the firm, Vedomosti reported on November 14 citing Rolf’s founder Sergei Petrov.
Petrov’s son Alexander controls 98.32% in the Cyprus-registered Delance Limited that controls the dealer.
Тhe company was set up by former taxi driver Petrov...
Dividend yields that are more than double those of their developing-country peers have caused a rally in Russian stocks eclipsing almost all equity markets worldwide this year and attracted investments from all over the world, Bloomberg writes.
As worries about potential new U.S. sanctions faded in the past few months,...
Kremlin spokesman Dmitry Peskov said this week that a total of 11 billion rubles (about $169 million) were stolen during the construction of the Vostochny Cosmodrome, Russia’s ambitious space port project, RIA Novosti reported.
Оnly 3.5 billion rubles ($53.8 million) were returned to the state coffers, Peskov said.
The spokesman was...
Russian President Vladimir Putin told a BRICS Summit in Brazil that his country’s economic cooperation with the members of the informal association of the world’s biggest emerging economies continues to expand, Channel One reports.
According to Putin, Russia's trade with Brazil, India, China and South Africa has grown by 22.4...
An increase in gas exports helped the growth of Russia’s gross domestic product (GDP) to pick up in the third quarter and slightly exceed market expectations, the Federal Statistics Service said on Wednesday, according to Reuters.
The statistics service Rosstat said the Russian economy grew by 1.7% in the third...
Russia’s Vostochny Bank has filed a new lawsuit against private equity group Baring Vostok and U.S. investor Michael Calvey for more than 8.8 billion roubles ($138 million), the state-run RIA Novosti reported on Wednesday.
The news agency, citing court documents, said the new lawsuit has been filed to a court in Russia’s Far...
Russia's football authorities said Wednesday the national team will not be wearing new shirts designed by German giant Adidas in upcoming Euro-2020 qualifiers after some pointed out they reverse the colours of the Russian flag.
"In the upcoming games, the Russian national team will continue using the kit in which...
The Russian deputy Finance Minister Alexei Moiseev said Tuesday that Moscow backs lifting an embargo on diamond exports from the Central African Republic, Rossiyskaya Gazeta reports.
Russia has made moves to strengthen its influence in the poor but strategic CAR in recent months, sending military instructors to the country and...
