Monday, June 23, 2025
According to figures supplied by VTB analysts for TASS, the amount of vehicle loans issued on the Russian market grew by 60% in the first seven months of 2021 compared to the same period last year, with a 15% increase in July. "The amount of vehicle loans granted on the...
In a post on its Telegram channel, Arctic and Antarctic Research Institute (AARI, St. Petersburg) announced that the Arctic-2021 global expedition had left Murmansk aboard its Akademik Tryoshnikov diesel-electric research vessel. The expedition will carry out complex studies of Arctic nature in a changing climate, TASS reports. Aboard the Akademik...
A TASS journalist in the courtroom stated that Michael Calvey, the founder of the Baring Vostok private equity business, and the other defendants were tried and convicted in a case involving the embezzlement of 2.5 billion rubles ($34.1 million). In the final section of the verdict, the judge will name...
The Russian government may support the Energy Ministry's request to impose a temporary restriction on petrol exports in the coming days, according to Yevgeny Arkusha, President of the Russian Fuel Union. Energy Minister Nikolay Shulginov said last week that his ministry has presented this idea to the cabinet. The...
According to a source, the European Commission (EC) has technically prolonged antidumping penalties against Russian and Chinese steel that were set to expire on August 5, according to TASS on Wednesday. "Antidumping duties on Russia and China will stay in force until the review procedure for these measures is finished....
According to the Russian Finance Ministry's estimates, GDP will expand by more than 4% in 2021, but inflation will rise by more than 5%, the Vedomosti newspaper said on Wednesday, citing a letter from Deputy Finance Minister Vladimir Kolychev to Deputy Prime Minister Dmitry Grigorenko. The Finance Ministry does not...
The Russian Association of Tour Operators has approached the United Nations World Tourism Organization (UNWTO) and tourism bodies in a number of European and Asian countries with proposals for the recovery of international tourism, as well as the development of common standards for trips. According to the group, "delaying the...
Iya Malkina, assistant to the chairman of the EEC's board, told a press on Wednesday that the GDP of EAEU member countries will increase by 3.8 percent in 2021, compared to a 2.9 percent decrease in 2020, TASS reports. In Armenia and Kyrgyzstan, the economic recovery will take longer and...
Entrepreneur Igor Rotenberg has re-entered Forbes magazine's list of billionaires. His net worth is believed to be $1.1 billion at this time, TASS reports. In 2019, Arkady Rotenberg's fortune was estimated at $850 million. His son, who earned profits from the drilling business Gazprom Burenie, was able to enhance that...
According to TASS surveyed experts, the Russian economy has considerable non-oil and gas export potential in addition to large oil and gas export potential. Food, information technology, and creative items are examples of such development drivers. Last week, U.S. President Joe Biden spoke at the offices of the Office of...