A long-planned construction of a new toll highway between Moscow and Kazan will start in 2020, Russia’s Deputy Prime Minister Maksim Akimov said on Friday, according to TASS.
"Works will start at the beginning of 2020, meaning the construction of new sections from Moscow to Vladimir, which is 145 kilometers,...
Increased activity in agriculture and rising wholesale trade have contributed most to economic growth in Russia in the third quarter of this year, bne Intellinews reported citing newly-reelased data by statistics agency Rosstat.
The output of basic economic sectors rose by 2.9% y/y in September, compared with 2.4% a month...
Almost 40 million Russians, or 54% of the country’s workforce, are paying off loans to banks, the highest figure since 2012, the Bank of Russia (CBR) has said, according to Komsomolskaya Pravda.
The head of the financial stability department of the CBR, Elizaveta Danilova, said speaking at the conference “Lending...
The head of the Russian sovereign wealth fund RDIF Kirill Dmitriev said on Wednesday that his country will not be making a significant investment in Saudi oil giant Aramco, as the company prepares for its long-awaited launch on the stock market.
According to Reuters, Dmitriev made his comments as part...
Japanese tourists have for the first time visited the Kurils, an island chain that disputed between Tokyo and Moscow for over 70 years, Sakhalin.info reported.
The Soviet Union seized the strategically located volcanic archipelago north of Japan's Hokkaido in the final days of World War II, and has maintained a...
The Russian to Despite certain progress already achieved in the improvement of Russia’s business, the government will continue its efforts in the area, Russian President Vladimir Putin said during his visit to Hungary, according to TASS.
Among practical achievements, Putin noted the improvement of Russia’s position in the World Bank’s...
This month, Guatemalan company Frutas Tropicales de Guatemala SA (Frutesa) sent the first shipments of Chinese peas and sweet peas, along with Hass avocado grown in the country to Russia, Fresh Plaza reports.
According to Gloria Elena Polanco, the founder and president of Frutesa, Russia's biggest demand to date is...
In a somewhat surprising move, Denmark said Wednesday that it is approving the laying of pipes for Nord Stream 2, a joint German-Russian underwater gas pipeline, through its territory, RBC reported.
The decision by the Danish Energy Agency to approve the Nord Stream 2 pipeline’s route is a victory for...
If Russia was to achieve targeted indicators on agricultural exports, the country could face problems satisfying its own food needs, says a new report by experts at the Russian Presidential Academy of National Economy and Public Administration (RANEPA) and the Gaidar Institute for Economic Policy.
Russia’s agriculture exports should reach...
Russia has resumed wheat supplies to Vietnam, Russian Deputy Prime Minister Maxim Akimov, who chairs a bilateral intergovernmental commission for trade and economic, scientific and technical cooperation, said on Tuesday, according to TASS.
"We have ironed out the issue on supplies . <...> We had some issues related to weed...
