The value of goods and services traded between Israel and Russia exceeded $5 billion in both 2018 and 2019, taking the figure to above pre-crisis levels, Israel’s Jerusalem Affairs Minister Ze'ev Elkin has said, according to the Jerusalem Post.
“Our trade volume, at least, according to the Israeli system, both...
Russia’s national statistics agency Rosstat has said in its latest assessment that small and medium-sized enterprises (SMEs) now make up just over a fifth of the country’s economy, RBC reported.
Russia defines SMEs as businesses employing fewer than 250 people, with annual revenues of under two billion rubles ($31 million), and meeting...
Russia’s Business Rights Commissioner Boris Titov has asked the chairman of the Supreme Court Vyacheslav Lebedev to pay attention to the problem of “trials within a reasonable time” encountered by companies, RAPSI reported on Tuesday.
According to the business ombudsman, the problem appears in the organization of transfer of criminal cases to...
Russian airline Nordstar has suspended flights from Novosibirsk's Tolmachevo Airport to the resort city of Sanya in China’s southern province of Hainan, Vesti42.ru reports.
Flights will be canceled from February 6 almost until the end of March, Tolmachevo press service told Russian media on Tuesday.
"The flights of NordStar to Sanya were canceled...
Russia’s Safmar Group can supply 250,000 tons more oil to Belarus in February 2020, aside from the 500,000 tons the group’s companies supplied in January, a source in the industry told TASS on Tuesday.
"Deliveries of Safmar companies are planned at the level of 250,000 tonnes," the source said, referring to February...
A new Russian digital track-and-trace system planned by the government could drive up prices of common consumer goods, Reason.com writes.
The government recently announced that the system, which already includes identification measures for some products, such as pharmaceutical drugs and alcohol, will be expanded to almost all common goods.
Launched in 2018,...
Russian job board operator HeadHunter said in a statement Tuesday that it does not expect a recent decision by the Russian Federal Antimonopoly Service (FAS) to have a significant impact on its operations.
The FAS said the company violated competition law by limiting the use of third-party automated recruitment services. HeadHunter had...
Russian bond sales have raised more than $1 billion from foreign investors since the beginning of the year, Kommersant writes citing reports by Bank of America and BCS Global Markets.
According to the reports based on Emerging Portfolio Fund Research (EPFR) data, four Russian issuers have already placed $1.6 billion worth of...
The coronavirus outbreak in China may have serious implications on Russia’s tourism industry, given that Chinese travelers account for 18% of the volume coming to Russia, Vedomosti writes citing data provided by the Russian Union of Travel Industry.
China earlier announced additional measures to combat the deadly virus, including a ban...
The CEO of Russian oil major Lukoil, Vagit Alekperov, has asked Russian President Vladimir Putin to provide the company with three additional unexplored subsoil areas in the Caspian Sea shelf zone, Kommersant reports.
In his letter to the Russian leader, Alekperov stressed that Lukoil’s subsidiary (Lukoil-Nizhnevolzhskneft) had a shortage of new...
