The Association of European Businesses said on Friday that new automobile sales in Russia totaled 147,378 vehicles in May, rising 133.8 percent over the same month last year, when a stringent coronavirus lockdown was in place.
Car sales in Russia declined 9.1% in 2020 as a result of measures aimed...
Retail sales in Russia increased more than predicted in April as the economy recovers from the effects of last year's COVID-19 economic blockade. This has bolstered officials' pledges of a faster-than-anticipated recovery, according to figures released on Friday.
Retail sales increased 34.7 percent year over year, according to the statistics...
Hungary and Russia have been negotiating the production of Sputnik V and other Russian coronavirus vaccines at an upcoming plant for vaccines in Hungary, Reuters reported citing Foreign Minister Peter Szijjarto.
According to Szijjarto, who posted his statement on his Facebook page, both countries are looking at the possibility to produce vaccines...
Russian Health Minister Mikhail Murashko told Russian news agency TASS during the St. Petersburg International Economic Forum that limitations on the Coronavirus might be lifted if 60% of the population gets vaccinated.
Answering whether masks will still be obligatory once 60% of the population is immunized, the Minister says that...
The official US delegation will not attend the St. Petersburg International Economic Forum, but embassy staff will be present on the Forum floors to help U.S. business leaders, according to Jason Rebholz, communications secretary for the U.S. Embassy in Moscow.
This year's St. Petersburg International Economic Forum takes place from...
A deputy prime minister said Russia wants to make the fossil-fuel-rich Pacific island of Sakhalin carbon neutral by 2025, and then expand the goal to its top oil-producing region in western Siberia, Reuters reports.
As governments strive to combat climate change and investors shift away from fossil fuels, Russia, like...
The St. Petersburg International Economic Forum began on Wednesday, becoming the largest economic forum to be held during the pandemic, Russian media reported. The main event of the forum will include Russian President Vladimir Putin addressing the attendees at the plenary session.
One of the key topics of the forum...
More than 320 agreements are being prepared for signing at the annual St. Petersburg International Economic Forum (SPIEF), which starts on Wednesday, Russian media informed.
“As of today, more than 320 agreements are being prepared for signing at the St. Petersburg International Economic Forum,” Alexander Stuglev, director of the Roscongress...
Russia's public debt in the first quarter of 2021 increased by 741.3 billion from January to 19.7 trillion rubles, or 17% of the planned GDP in 2021, according to a report of the Accounts Chamber on the execution of the federal budget.
Taking into account the placement of bonds...
