A recent decision by the world’s biggest oil producing countries to cut production further will be positive for oil prices and will keep them between $55 and $65 per barrel in the first quarter of 2020, the CEO of Gazprom Neft Alexander Dyukov said on Tuesday, according to TASS.
He told reporters...
The business interests of mobile operators in the two countries have become an obstacle to canceling the roaming charges between Belarus and Russia, State Secretary of the Belarus-Russia Union State Grigory Rapota has said, according to BelTa.
He was speaking at the conference to mark the 20th anniversary of the...
Sheremetyevo International Airport’s success in the Chinese-European market is due to the strong attention it pays to the needs of Chinese travelers, Passenger Terminal Today reported.
Speaking at the recent 2019 IAR Chinese-European Aviation Summit in Beijing, head of international air companies service Aleksandr Nikonov told delegates that Sheremetyevo prioritizes...
The Russian market is crucial for Croatian pharmaceutical company Jadran Galenski Laboratorij (JGL), as it earns 40% of its revenue in the country, the chairman of the company’s board Ivo Usmiani said during a visit by Russian Ambassador Anvar Azimov to that Rijeka-based firm, Total Croatia News reports.
At the...
The Russian Satellite Communications Company (RSCC), the country’s main state operator of communications satellites, has signed a cooperation deal with Azerbaijan’s Azercosmos, which is the sole satellite operator in the South Caucasus, AzerNews reports.
The agreement, which includes cooperation in the field of satellite communications and broadcasting services, was signed...
Russia’s state-run fund dedicated to innovation, RVC, and Russian Railways (RZD) have teamed up to launch to two venture funds for industrial and digital investments, reports East-West Digital News reports.
Scheduled for launch in 2021, the funds will support early-stage projects, which have “the potential of developing synergies with the...
American carmaker General Motors has left its joint venture with Russian producer AvtoVaz, and will no longer have an assembly operation in the country, Automotive News Europe reports.
The two companies previously assembled Chevrolet-branded automobiles for the local market, but GM lost interest after the market took a turn for...
The Russian Direct Investment Fund (RDIF) and the Ministry of Economic Development are considering the creation of two closed-end investment funds in order to attract Russian businesses and individual market players, two federal officials have told Vedomosti.
The plan is to establish a mechanism to attract funds not so much into...
Bulgaria is ready to ensure transit gas supplies from the TurkStream pipeline to Greece and North Macedonia starting January 1, the chief executive of the country’s state gas firm Bulgartransgaz, Vladimir Malinov, told Russian news agency TASS.
"Even if Russia’s gas transit via Ukraine to Bulgaria via the Trans-Balkan gas...
The combined arms sales of Russian companies in 2018 stood at $36.2 billion, a slight drop of 0.4 per cent on 2017, the latest ranking of the global arms market by the Stockholm International Peace Research Institute (SIPRI) reveals, according to DW.
Their share of total Top 100 arms sales...
