Friday, July 4, 2025
Sukhoi Civil Aircraft Company, the maker of Russia’s troubled Superjet-100 (SSJ-100) has sold only one aircraft in the first nine months of 2019, the company’s financial documents show, according to Kommersant.  The company’s revenues dropped 4.5-fold to 6 billion rubles ($94 million), and its net loss more than doubled, the...
Russia's impact on the Estonian economy has declined in the last six years, with the country currently being only the 12th largest trade partner for Estonia, Swedbank chief economist Tonu Mertsina has said, according to ERR. "As is known, the Russian economy went into a decline in 2014, the ruble...
Mikhail Fridman, one of Russia's most powerful tycoons, appeared in Spain's top criminal court for questioning on Monday over allegations he artificially depressed the value of a Spanish takeover target, Vedomosti reports. Fridman has Russian, Ukrainian and Israeli nationality. He is suspected of secretly working to engineer the collapse of...
The Speaker of the Russian State Duma, Vyacheslav Volodin, has said that a free trade zone agreement between Serbia and the Eurasian Economic Union (EAEU) could be signed by the end of this year, RIA Novosti reported. "The free trade zone agreement between the EAEU and Serbia, with its signing...
Greece will have a lot of obstacles in the bid to privatize its state-run gas Public Gas Corporation (DEPA), with particular problems emerging for the process that will start with the submission to Parliament of a bill to that effect, Ekathimerini reports. A take-or-pay safety clause in the procurement contract with...
Russia is interested in a stable oil price, but has taken a number of measures to minimize damage in the event of a fall in energy prices, said First Deputy Prime Minister and Minister of Finance Anton Siluanov in an interview with CNBC channel. As noted by Siluanov, Russia "is...
The ongoing trade dispute between the United States and China is increasing the chances of this turning into a structural problem for the global economy, says the Governor of the Bank of Russia, Elvira Nabiullina, according to RBC. The World Bank on Wednesday this month lowered its Russian economic growth...
Leading Russian commercial pay-TV platform Tricolor TV is in talks focusing on a possible part-acquisition by state-owned energy giant Gazprom and a merger with Gazprom-owned NTV+, Fontanka.ru reports. According to the news outlet, a deal could see Tricolor TV absorb NTV+ and bring on Gazprom Media Holding as a shareholder...
Flying from Sheremetyevo soon? Do not forget to order a healthy and tasty meal for your flight. This brilliant concept will provide you with fresh and tasty food during and after your flight for a very fair price! Aeromenu is a food delivery service started by Arkady Novikov, the most...
A subsidiary of Russia’s state nuclear corporation Rosatom could buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Canada-listed Wealth Minerals Ltd, the Canadian company said on Tuesday, according to Reuters.  Under a deal struck with Wealth, the Russian nuclear firm has the option to...