Russian oil company Tatneft has revealed it paid $169 million for the recently concluded purchase of the fuel retail business of Finnish Neste in St. Petersburg, EADaily reports.
At the end of October, the company bought 75 fuel gas stations and a fuel terminal in northwestern Russia for 10.832 billion...
A major industry body of the biggest technology companies operating in Russia has written a letter to Russian President Vladimir Putin over a controversial new law demanding pre-installed Russian software on smartphones, Vedomosti reports.
The body, which includes giants Google, Apple and Samsung, says the new law will force major...
More than 50% of Russia’s corporate community believes doing business in the country is more complicated today than it was during the 1990s, a new survey by PwC Russia reveals, according to Forbes.
The survey on changes in Russian business in the past three decades found 52% of the executives...
The construction of a landmark bridge over the Amur River to link Russia and neighboring China has been completed in Russia’s Far East Region, RBC reported on Friday.
The occasion marks the opening of the first road passage between the two states and is set to boost trade and tourism...
The Russian state nuclear energy corporation, Rosatom, held a workshop this week on for representatives of Saudi companies based in the west of the Gulf country, the Saudi Gazette reports.
The workshop was held at the Jeddah Chamber of Commerce Industry (JCCI) headquarters and under its support.
“The realization of an...
Russia is looking into prohibiting the use of cryptocurrencies to pay for purchases, with such proposals already being drawn up by the Bank of Russia and the Federal Financial Monitoring Service, Izvestia reported citing an inside source.
The central bank confirmed the information to the newspaper, saying that it opposed...
Germany’s Federal Network Agency for Electricity, Gas, Telecommunications, Posts, and Railway, or the Bundesnetzagentur, has appealed the decision of the EU Supreme Court, which has limited Gazprom’s access to the OPAL pipeline, Vedomosti reported.
Three sources close to different parties in the legal battle told the business newspaper that the...
The biggest bank in Russia, state-run Sberbank, has made yet another foray into technology and added driverless cars to its list of ventures, by teaming up with software company Cognitive Technologies, Reuters reported on Thursday.
Sberbank and the AI transport developer have signed a legally binding document to create a new...
Russia’s first domestically made electric car Zetta (Zero Emission Terra Transport Asset) will be launched in 2020 as its certification is in the final stages, the Minister of Industry and Trade Denis Manturov has said, according to Regnum news agency.
Zetta, made by the Russian Engineering and Manufacturing Company, will be the...
The volume of trade between the UK and Russia may rise eight percent in 2019 compared to last year, to around $15 billion, the Russian Trade Representative to the UK announced at a business forum in London, according to TASS.
The growth of trade turnover between the two countries has...
