According to the Interfax news agency, the director of Russia's Rosoboronexport weapons distributor said on Monday that Russia and Turkey are close to finalizing a new contract to provide Ankara with additional S-400 air defense systems in the near future, Reuters reports.
Turkey's initial acquisition of S-400 missile systems from Russia...
German executives say American sanctions against Russia could threaten long-standing joint ventures and cost German companies hundreds of millions of dollars, The Wall Street Journal reported.
During a visit to Washington this week, Germany’s finance minister will push for special treatment and Chancellor Angela Merkel is planning to raise the...
Russia's mining and metals giant Mechel could part with its largest investment project, the Elga deposit, by this year, five sources close to various parties to the potential deal told business newspaper Vedomosti.
According to the report, there are several key contenders for the asset – state-owned tech conglomerate Rostec,...
A growing number of shopping malls in Moscow has strengthened the Russian capital’s bid to become the world’s top shopping destination, trade analysts say. Since the beginning of the year, 15 newly-built and reconstructed shopping malls have opened their doors to customers in Moscow, Rossiyskaya Gazeta writes.
Another five will be...
Despite a rise in new business, the growth of activity in Russia’s service sector was at a four-month low in December, according to the latest report on the Markit purchasing managers index (PMI).
The index’s headline figure is still above the 50 mark that separates growth in activity from contraction...
One of the biggest stadiums in Russia, St Petersburg’s Gazprom Arena, expects to receive compensation from the Union of European Football Associations (UEFA) later this month for cancellation of Euro 2020, one of the world's biggest football tournaments, and derailed plans for summer matches scheduled to be played in...
Shareholders in the now defunct Russian oil giant Yukos have seized Netherlands-based assets of two well-known vodka brands controlled by the Russian state in their most recent legal move to obtain $57 billion in damages from Moscow, they said on Monday, Reuters informs.
The seizure of the Stolichnaya and Moskovskaya...
One of Turkey's largest construction companies, Ronesans Holding, has signed four agreements for projects in Russia worth more than $2 billion, the Turkish holding announced over the weekend, according to Anadolu agency.
The conglomerate signed agreements for projects of the Amur Gas Processing Plant, Administrative Divisions of Moscow and Trams in...
Luigi Tozzi-Spadoni, а top manager from Italy who has worked in Russia for the past three years, says he thinks Russia's economy has a brighter future than that of some European countries.
In an interview for Russia Beyond, the manager, who works for Baker Hughes, a General Electric Company in...
A rare event celebrating U.S.-Russian cooperation was opened this week in the Russian city of Veliky Novgorod – the international conference titled Fort Ross Dialogue is taking place amid frosty relations between the two countries and sanctions and counter-sanctions imposed by both sides. The conference will be discussing the...
