Wednesday, May 18, 2022
Employees in Russia are often dismissed if they have done unethical conduct or have a poor relationship with the team. These are the findings of a survey performed by Rabota.ru and SberStrakhovanie (part of the Sberbank ecosystem). The research included over 1,000 Russian company representatives from all areas of...
In the first half of the year, the Kostroma region exported timber products worth $117 million, which is 42% more than in the same period last year, Russian media reported. Mainly, fiberboard, chipboard, plywood, and sawn timber are sent abroad from the Kostroma region. According to the State TV and Radio...
The Moscow Exchange is going to launch trading in new futures by the end of the year or in the first quarter of next year, Russian media reported. In particular, futures on the Moscow real estate index, which the exchange calculates together with DomClick, will be admitted to trading, said...
The Russian ruble may rise in value in the next few weeks. Experts contacted by Izvestia believe the dollar would go below 70 rubles and the euro will fall to 80 rubles. Russia's national currency has increased by 4.4 percent versus the US dollar and 9.6 percent against the...
Russia's GDP grew by 4.7% in January-August and exceeded the pre-crisis level, Prime Minister Mikhail Mishustin said at a meeting of the Foreign Investment Advisory Council (FIAC) in Russia, local media reported. "Economy has not only returned to the pre-crisis level but also exceeded it." Mishustin noted. According to the Russian...
The average profitability from renting an apartment in Russia has decreased over the past year from 6% to 5.5% per annum, and the payback period has increased from 16.6 to 18 years, the portal "World of Apartments" notes. "A year ago, the indicators were better - 6% and 16.6 years....
Rosstat will change the procedure for determining the financial situation of Russians, including in the assessment system provided to citizens social assistance and assets owned by citizens, Russian media informed. In particular, Rosstat will change the assessment of the situation of large families, the elderly, and the disabled. Rosstat has placed...
Russian President Vladimir Putin gave instructions for the development of the Far Eastern Federal District (DFO), the Kremlin website reports. In particular, the government will consider the issue of payment of one million rubles to families living in the Far Eastern Federal District, in which a third and subsequent child...
The next meeting of the Bank of Russia's key rate committee will be held on October 22. None of the experts contacted by Vedomosti expects the key rate to be maintained, much alone reduced, at the next meeting. The vast majority (13 out of 20 questioned experts) anticipate a...
According to Russian Finance Minister Anton Siluanov, the Russian government has no plans to alter the personal income tax in the next three years. The minister opposes progressive taxation because "large billionaires will find a method to evade taxes," and "the middle class would suffer", Kommersant writes.  "We are usually...

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