The Russian dealer of Audi, Volkswagen Group Rus, has announced it will recall 9,469 Audi Q5 model crossovers sold in Russia from 2017, the Federal Agency for Technical Regulation and Metrology (Rosstandart) said on Friday, according to Xinhua.
"The reason for the recall of vehicles is that due to the...
Russia and Turkey are in negotiations for the delivery of Russian-made passenger aircraft, the president of Russia's United Aircraft Corporation (UAC) Yuriy Slyusar have said, according to the Daily Sabah.
The two countries are discussing issues related to the delivery of the MC-21 passenger plane and the SSJ100, a regional...
Russian Presidential Adviser Andrei Belousov has proposed a model for boosting the country’s economic growth, including plans for cheaper borrowing and improving the country’s business climate, Izvestia reports.
According to Belousov, the plans include making loans cheaper by reducing the Central Bank’s key rate to about five percent, along with...
The 10th Russia-Azerbaijan Interregional Forum opened in Russia's capital Moscow on Friday, Menafn reports.
The forum, organized by the economic development ministries of Russia and Azerbaijan, serves as a discussion venue where officials, local administrators, and business representatives examine and seek to deepen bilateral cooperation.
Addressing the participants of the forum,...
The Federal Air Transport Agency (FATA) has approved the commission for a new and improved Terminal C at Sheremetyevo International Airport, which will be scheduled to open to the public during January 2020, International Airport Review informs.
The renovated terminal is part of the Northern Terminal Complex, designed to manage...
Russian gas giant Gazprom said this week that start-up and commissioning process is in its final stage at the TurkStream gas pipeline, for the planned beginning of operation before the end of this year, LNG World News reports.
“Currently, both strings of TurkStream – from the onshore facilities near Anapa to the receiving...
Swedish retailer IKEA is going to open several thousand pickup points in Russia in the midterm, the head of the company’s customer order support Norbert Stepnowski told TASS on Wednesday.
"We intend to develop a network of pickup points and we want to go in to thousands in medium term. We have...
The head of Russian state-run bank VTB, Andrei Kostin, says his initiative to exempt Russians with low incomes from personal income tax is gaining support, TASS reported.
Kostin was speaking on the sidelines of the Russia Calling! business forum, organized by VTB’s investment arm, VTB Capital, on Wednesday.
"So far, I’m trying...
Mechanisms to support the introduction of modern technologies by pharmaceutical and medical enterprises were approved by the Russian government on Thursday, RIA Novosti reports citing the press service of the Industry and Trade Ministry.
"The new rules provide for financing (mechanism for providing subsidies in advance) of manufacturers' costs on implementing...
Russia’s projects are finally underway after delays but experts still don’t believe that President Putin’s ambitious plan to revive Russia’s economy will bear fruit anytime soon, bne Intellinews writes.
The government plans to spend the equivalent of a quarter of the value of the country’s whole economy (in 2018) on...
