Belarusian state-run holding Belneftekhim has confirmed that Russian company Safmar Group can supply 300,000 tons of oil, while UDS Neft can deliver 50,000 tons to Belarus in March, Reform.by reports.
"I confirm that Safmar Group can supply 300,000 tonnes of oil to Belarus in March and UDS Neft - 50,000...
One of the biggest players in Russia’s ride-sharing market, French startup BlaBlaCar, has stopped offering its services in the annexed peninsula of Crimea, for fear of being caught up in EU sanctions against firms operating there, Interfax reported.
The service, which connects drivers with spare seats with travellers looking to...
Leading Russian retail and tech companies are turning their gaze outwards to hunt for new technology and innovation, bneIntellinews reports.
The country’s biggest supermarket chain X5 Retail Group, Europe’s largest white consumer goods retailer M.Video and German furniture chain Hoff have joined forces to “scout and adopt innovations” in a...
Scottish engineering firm Plexus has sold another set of wellhead equipment to its licensee in Russia, the company said, according to Insider.
Local firm Gusar, which signed a licensing deal with Plexus in 2016, will use the wellhead with its gas exploration customers. The latest deal comes on the back...
India and Russia will use the International North-South Transport Corridor for movement of goods, reducing transport time by half, The Indian Express reports.
Within three months, exporters and importers from India and Russia can move goods between the two countries through Iran, said Concor CMD V Kalyana Rama on Tuesday...
The CEO of Sibur, Russia’s leading petrochemical company, told bneIntellinews+ that the giant won’t hold its highly anticipated IPO this year, or even next year, as profits were up but revenues were down on poor market conditions.
However, the shareholders remain committed to listing the company when the market conditions...
At the beginning of this month, Russia's national development corporation VEB.RF, RT-Invest, and the Swiss-Japanese consortium Hitachi Zosen Inova signed an agreement to build four large-scale waste-to-energy plants. The creation of the plants will cut the amount of municipal waste sent to Moscow landfills by about a third. The...
As real disposable incomes in Russia begin to rise again, consumer demand recorded strong growth in January, bne Intellinews reports.
The Russian economy’s consumer segment showed solid improvement in January 2020: growth in retail sales accelerated to 2.7% y/y, volumes of residential housing rose 14.3% y/y and services to the...
Three sugar mills in Russia with the total capacity of 150,000 tons announced they will close in the period August 2020-July 2021 due to low sugar prices, Prime news agency writes citing the Chairman of the Board of Directors at the Russian Union of Sugar Producers (Soyuzrossakhar) Andrei Bodin.
This...
A Russian trade delegation from the city of Belgorod visited Dubai this week to hold talks on boosting ties in various sectors with Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), Gulf Today reported.
The Russian delegation was led by Vladimir Zubov, head of the...
