Russian diamond giant Alrosa said on Tuesday it had agreed on a deal with the Russian government to buy troubled state-owned diamonds retailer Kristall, Kommersant reports.
The terms of the deal were outlined in a decree signed by Russian Prime Minister Dmitry Medvedev, and it is now pending...
The next meeting of Italy’s Naples Court of Appeal, considering the case of the manager of the Russian United Engine Corporation (UEC), will be held on Monday, one of the defendant’s lawyers told RIA Novosti.
Aleksander Korshunov was detained in Italy in late August on request by the United States,...
The Russian government has finally approved a 222 billion rubles ($3.47 billion) program to support wind projects between 2022 and 2035, the Wind Power Monthly reports.
The sum accounted for 55.5% in the overall volume of funds that have been reserved by the state for all renewables in the reporting...
Russia and Turkmenistan plan to launch joint cruise tours in the Caspian Sea in 2020, Vestnik Kavkaza reports.
The Governor of Russia’s Astrakhan Region Igor Babushkin told Russian media that route options have been developed, including the main one from Astrakhan across the Caspian Sea, with entering the ports of...
Russia’s industrial output increased by 2.9% year-on-year in August, inching up from 2.8% y/y growth in July, and posting a total 2.6% y/y growth overall in the first eight months of the year, bne Intellinews reported citing data from Rosstat.
In seasonally and calendar-adjusted month-on-month terms, industrial production rose 0.6%...
Russia has hosted the biennial General Assembly of the World Tourism Organization this week, promoting itself as a rapidly growing travel destination, RIA Novosti reports.
Over 2,000 delegates from 138 countries gathered in St. Petersburg for the four-day event, organized by the Russian Federal Tourism Agency (Rosturizm) and the United...
The Russian State Duma adopted a bill in the first reading on high fines for violation of a controversial personal data residency law, which would amount to a max of $280,000, Lexology reported.
Four years ago, in 2015, the law came into force, setting out personal data operator’s obligations to...
Russian steelmaker Severstal, controlled by billionaire Alexey Mordashov, has invested in Arcanum Alloys, a Michigan-headquartered company that develops new steel-based alloys, Reuters reports.
Despite exporting some steel products, Russia has to rely on imports of stainless steel to cover the bulk of its domestic needs of about 370,000 tonn worth...
Sheremetyevo International Airport will open its third flight strip on September 19, the airport said, TASS reports.
The decision to build the third runway in Sheremetyevo was made in 2009. Initially, it was planned to make the new runway operational by the start of the 2018 World Cup but the...
