Sberbank, the largest bank in Russia, and Internet holding Mail.ru are facing difficulties in operating the joint venture due to conflicts of interest.
The two companies compete in some areas but do not plan to split the assets of the joint venture, the British edition of the Financial Times reported,...
In the period of post-crisis development, it is necessary to reduce state participation, the head of the Accounts Chamber Alexei Kudrin told the magazine "Company" in an interview.
"The public sector can play an important and positive role at times, but it is time for it to start shrinking," Kudrin...
Yury Trutnev, Deputy Prime Minister and Presidential Special Envoy to the Far Eastern Federal District, said during the sixth Eastern Economic Forum (EEF) that agreements worth 3.6 trillion rubles ($49.32 billion) had been signed.
3.6 trillion rubles worth of business transactions were completed at the conference, according to statistics, TASS...
The global economy may be less than 18 months away from a financial catastrophe on the magnitude of the 2008-2009 global economic collapse, according to Russia's Central Bank, Moscow Times writes.
The bank warned of “serious imbalances” in the global economy, rising and unsustainable debt levels in both the public...
International investors are returning to the Russian stock exchange. The total influx of money into stocks and bonds hit $90 million last week, the biggest amount since the beginning of the summer.
Non-resident investors, on the other hand, are not purchasing Russian assets on purpose; rather, acquisitions are being...
The number of investment agreements signed at the Eastern Economic Forum in 2021 increased by 200 billion rubles compared to the previous event in 2019, and reached a new record - 3.6 trillion rubles, according to the forum, which traditionally takes place in Vladivostok, Russian media reported.
Last year, the...
The instructions of Russian President Vladimir Putin to return to pre-pandemic unemployment rates has been fulfilled, said Russian Deputy Prime Minister Tatyana Golikova.
In July 2021, unemployment reached pre-pandemic levels for the first time.
According to Golikova, Russian authorities have acted on Putin's instructions, achieving pre-pandemic indicators of the unemployment rate...
The number of employees of medium and large enterprises in the Russian Federation who receive a salary of 1 million rubles or more increased in 2021 compared to the pre-pandemic period by 51.5%, to 17.1 thousand people, the analytical service of the international audit and consulting network FinExpertiza reported.
Unemployment...
Around 50% is the share of the Asia-Pacific region in the Russian portfolio of orders of military products, Dmitry Shugaev, a Federal Service for Military-Technical Cooperation said at the EEF-2021, TASS informed.
Shugaev stated that Russia's key partners in the military cooperation field in the region are, India, China, Indonesia,...
Russia is prepared to sign a partnership contract with China for the supply of the new Sukhoi Su-35, a multipurpose aircraft for combat, Dmitry Shugaev, the Federal Service for Military-Technical Cooperation's Director told the journalists at the EEF-2021 (the Eastern Economic Forum), TASS informed.
Shugaev stated that there are still...