Former CEO of the Energia Rocket and Space Corporation (a Rostec subsidiary) Vladimir Solntsev, as well as a number of other suspects, is charged with misappropriation of over 1 billion rubles ($13 million) during shipments of electronic components for the International Space Station’s Science Power Module, Moscow’s Babushkinsky Court...
Russia’s Rosneft has resumed drilling in the high-cost Arctic Kara Sea after a six-year hiatus, its CEO Igor Sechin announced in mid-August. The move comes despite the company making steep cuts to its upstream spending in response to the pandemic and its economic impact, Petroleum-Economist reported.
Interest in Russia’s Arctic...
Gazprom PJSC said Friday that pretax profit fell 82% in the second quarter on the back of falling oil prices and energy consumption due to the coronavirus pandemic.
The Russian oil-and-gas company said pretax profit dropped to 25.4 billion Russian rubles ($339.0 million) in the three months to June 30,...
Russia reported 4,829 new cases of the novel coronavirus on Friday, bringing its nationwide tally to 980,405, the fourth largest caseload in the world, Reuters reported.
Russia’s coronavirus taskforce said 110 people had died over the last 24 hours, pushing its official death toll to 16,914.
Russia on Friday dismissed the head of RUSADA, its national anti-doping agency, in a move that threatens to further strain the country’s relations on the global sports stage, Reuters reported.
Announced on Friday by the agency’s founders, Russia’s Olympic and Paralympic committees, the dismissal of RUSADA general director Yuri Ganus...
In the first half of 2020, the Russian online video market grew by 56% year-on-year amounted to 18.6 billion rubles ($250 mln), according to a study conducted by the information and analytical agency TelecomDaily, which was released on Friday.
This year, in particular due to the coronavirus pandemic, the growth...
Russian President Vladimir Putin is counting on an increase in the pace of road construction in Russia, he said in an interview on Thursday with workers who were building the Tavrida highway in Crimea, TASS reported.
"I hope that it will not be maintained, I hope that it will be...
Three more vaccines against the coronavirus are currently in the process of registration in Russia, the country's Health Minister Mikhail Murashko said on Thursday, as reported by Sputnik News.
"At the moment, three more vaccines are being registered," Murashko told reporters.
The minister added that these were both domestic and foreign...
Russian President Vladimir Putin says the country has already passed the peak of the economic problems caused by the Covid-19 pandemic, paving the way for economic recovery next year, Russia Today writes.
In an interview with the Rossiya 24 TV channel, the president said the country’s key macroeconomic indicators are...
Vladimir Putin’s approval rating has reached a six-month high as the Covid-19 situation improves in Russia and lockdowns are eased, hitting 66 percent – the highest figure since February. However, the result represents the Russian president’s worst August approval rating since 2013, Russia Today reports.
According to the Levada Center,...
