South Korea-based synthetic resins manufacturer DFC Inc. has said it will advance into the Russian market, the company said in a press release Friday.
DFC produces alkyd resins, acrylic resins, polyester resins, amino resins, curing agents and self-healing resins, among synthetic resins for coatings.
Synthetic resins for coatings are used in...
Two Russian oil companies controlled by the family of billionaire Mikhail Gutseriyev plan to increase oil supplies to Belarus this month, amid a wider energy spat between Moscow and Minsk, Vedomosti reported citing sources.
The supply of oil from Russia to Belarus was abruptly halted on Jan. 1 with companies including Rosneft, Gazprom Neft,...
German Chancellor Angela Merkel is due to travel to Moscow Saturday for talks with Russian President Vladimir Putin, to discuss the Iran crisis, with both Germany and Russia calling for de-escalation following the U.S. targeted killing of Iranian General Qassem Soleimani and the retaliatory airstrikes by Tehran on Western...
London-based intellectual property (IP) law firm and consultancy Rouse has appointed Yana Tsygankova as its new country head in Russia, World IP Review reports.
Tsygankova has served as a partner-equivalent principal at the firm since 2017, and has been a “core member of Rouse’s Moscow team” since the office opened in...
Russia slightly increased the share of U.S. dollars and cut the share of Chinese yuans in its international reserves in the second quarter of 2019, the Bank of Russia said on Thursday, according to Reuters.
The country had 24.2% of its foreign currency assets in dollars as of June 30, 2019, up...
U.S. investor Michael Calvey will be kept under house arrest until Feb. 13, facing charges of embezzlement, a Moscow Court has ruled, according to state-run news agency TASS.
An official representative of Calvey’s company, equity group Baring Vostok, described the decision as "unjustified".
Calvey and other executives at Baring Vostok were...
Sheremetyevo Airport is looking to capitalize on increased Chinese tourism to the country, The Financial Times informed. More than 2.3m Chinese tourists flew into Sheremetyevo in 2019, including 1.26m who transferred via the airport. Sheremetyevo, which offers flights to 29 Chinese cities served by eight Chinese airlines, expects their...
Trends in the Russian IT market in 2020 will be determined by super apps, cloud gaming, artificial intelligence (AI) and the growing consumption of paid video content, experts told TASS.
Experts call the emergence of super apps — applications that combine services such as instant messaging, ordering food and transport,...
The second Project 885-M Yasen M-class multipurpose nuclear-powered attack/cruise missile submarine was floated out at the Sevmash shipyards in Severodvinsk, RT reported late last month.
A short video clip released by the Russian Ministry of Defense’s (MoD’s) Zvezda television network, shows the “Novosibirsk” lowered into the water by a submarine...
The World Bank said in its latest forecast Wednesday that the Russian economy is expected to grow by 1.6% in 2020 and by 1.8% in 2021, slightly less than the multilateral development bank previously expected, The Moscow Times reports.
The report puts the growth of Russia’s GDP this year at...
