Reconstruction of Starosheremetyevskoye Highway, “Lobnya - Sheremetyevo airport” Highway and Sheremetyevo Highway is scheduled to begin in January-March 2019, Vechernaya Moskva reported.
The Transport and Infrastructure Ministry said the reconstruction will be done on the section of Sheremetyevo Highway from Terminal B to the cargo terminal and all along the...
Suppliers of hot-rolled (HR) and cold rolled (CR) steel sheet to Russia’s Central Federal District around Moscow kept prices unchanged for early 2019, despite an increase in the domestic value-added tax (VAT) rate, Metal Bulletin reports.
Effective 1 January 2019, VAT in Russia will increase to 20% from 18%....
Serbia does not plan to give up Russian gas for more expensive liquefied gas to please the West, Serbian President Aleksandar Vucic told Studio B TV channel in an interview on Saturday.
"I will not pay double for liquefied gas to please someone in the West. I will buy cheap gas...
American tech startup OneWeb, which is planning a project to create a worldwide broadband internet network using satellites, said on Friday that it had not offered the Russian government a stake in the project, Reuters reported.
Sources have told the news agency that OneWeb had offered to sell a 12.5 percent stake to...
Gazprom Neft, the oil arm of Russia’s gas giant Gazprom, has said it is expanding its cooperation with Spain’s Repsol in a joint venture to undertake geological exploration in the Karabashsky zone in Russia’s Yamalo-Nenets district, Finanz.ru reports.
The partners have jointly acquired a 100-percent interest in ASB Geo LLC,...
Experts from Russian consulting company FinExpertiza have concluded that palladium was the most profitable investment this year in Russia, Komsomolskaya Pravda reports.
The world’s most popular cryptocurrency, Bitcoin, was named the most disastrous investment of 2018, the report says. The study found that bitcoin investors would have lost more...
The Markit purchasing managers’ index (PMI) published on Friday shows Russian manufacturing growth slowed in December to the third-highest rate in 2018, although output and new business remained strong, Reuters reports.
The main PMI index remained above the 50.0 mark that separates expansion from contraction for the third month in a row,...
Western sanctions are seriously affecting Japanese business activities in Russia, despite Јapanese companies considering Russia a promising market, says Michitaka Hattori, Vice Director of the Japan Institute for Russian and NIS Economic Studies (ROTOBO), according to TASS news agency.
"The impact of economic sanctions on Japanese-Russian economic ties is...
The risk of U.S. monopoly-related sanctions is deterring Russia from forming a permanent alliance with global oil cartel OPEC, Russian Energy Minister Alexander Novak said on Thursday, according to Reuters.
In an unprecedented joint effort to curb output and support prices, the Organization of the Petroleum Exporting Countries (OPEC)...
A poll of economists and financial analysts conducted by the Reuters news agency shows the country faces an economic slowdown and higher inflation in 2019 due to the risk of new Western sanctions, a weaker currency, and a planned tax increase.
Gross domestic product (GSP) is expected to increase...
