Russian online personnel recruiting services could attract $150 mln of investment in 2019, triple that of last year, Kommersant reported citing data provided by TalentTech. However, the segment’s revenue growth is expected to be slower in the coming years, at about 13% per year, the consultancy said.
Recruitment firms...
The name of Russian scientist and businessman Alexander Plekhov was mentioned in the global offshore scandal, the Panama Papers, in connection with accounts belonging to Sergey Roldugin, a friend of Russian President Vladimir Putin, Meduza writes.
Now investigative news outlet Proekt has learned that Plekhov’s companies are also closely tied...
Germany's Daimler AG has opened a new Mercedes factory in Russia, part of a $281 million investment it says will create 1,000 jobs, auto.mail.ru reported.
The company’s CEO Dieter Zetsche said Wednesday the Moscow-area plant will produce Mercedes sedans and SUVs for the local market, and is part of a strategy...
Russian exports to Azerbaijan have increased by 12.5% in 2018, rising to $1.7 billion, while trade turnover between the countries climbed 13.8% to $2.4 billion, according to the files released by the Russian Export Center (REC).
"Azerbaijan is a modern, fast-paced country. That attracts Russian companies to implement joint economic projects....
Russia’s biggest bank, Sberbank, is expanding Islamic finance offerings and will decide by the end of 2019 on whether to open a branch with the Gulf Cooperation Council, Zawya reports.
The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait,...
Russian state-owned company Russian Helicopters says it will finish building a facility for repair and maintenance of in Venezuela by the end of the year, despite U.S. sanctions and political tensions in the country, an official said, according to Neftegaz.ru.
Igor Chechikov, deputy chief executive at Russian Helicopters, told Russian media on...
U.S. senators are expected to introduce bipartisan-supported legislation Wednesday that will threaten harsh new sanctions on Russia’s banking, energy, and defense industries to deter the Kremlin from further interference in U.S. elections, Reuters reports.
According to the news agency, the legislation, called the Deter Act, will be introduced by...
Former investor and founder of Hermitage Capital, Bill Browder, has warned foreign investors still active in Russia that they are risking their own lives as well as their clients’ money.
In an interview with one IntelliNews, Browder, who has turned to writing and human rights activism after once running...
Russia’s services sector activity slowed to its weakest level this year in March as new business growth reached a six-month low, the IHS Markit Purchasing Managers' Index (PMI) showed on Wednesday.
The index, which has stayed above the 50 mark that separates expansion from contraction since early 2016, fell to...
Russian individual investors and companies have bought around $8.6 billion worth of Bitcoin, economist Vladislav Ginko estimates, according to Bitcoinist.
He added that although there is no direct investment from the Russian government, most of the people who bought the assets are trying to avoid U.S. sanctions.
Buying Bitcoin could...
