In the first half of the year, the Kostroma region exported timber products worth $117 million, which is 42% more than in the same period last year, Russian media reported.
Mainly, fiberboard, chipboard, plywood, and sawn timber are sent abroad from the Kostroma region.
According to the State TV and Radio...
Russian oil companies have offered to use Russian equipment for mining cryptocurrency in their fields, Russian media informed.
The proposal has been sent for consideration to the Ministry of Industry and Trade, the Ministry of Digital Industry, and the Bank of Russia, Kommersant reports regarding a letter from the Deputy...
The Moscow Exchange is going to launch trading in new futures by the end of the year or in the first quarter of next year, Russian media reported.
In particular, futures on the Moscow real estate index, which the exchange calculates together with DomClick, will be admitted to trading, said...
Due to the coronavirus, Moscow Mayor Sergei Sobyanin imposed additional limitations. They are related to the home regime for elderly people, the relocation of certain employees to remote employment, and the increase of the need for vaccines among service personnel, Kommersant writes.
The mayor went on to say that almost...
The Russian ruble may rise in value in the next few weeks. Experts contacted by Izvestia believe the dollar would go below 70 rubles and the euro will fall to 80 rubles. Russia's national currency has increased by 4.4 percent versus the US dollar and 9.6 percent against the...
The Nord Stream 2 gas pipeline's first string has been filled with technical gas and is ready to carry gas, while the second string is nearing completion, according to the project's operator. However, despite an impending energy crisis and gas prices that have yet to fall below $1,000 a...
Russia intends to invest $1 billion in the Armenian economy in the near future, according to Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation, speaking at a press conference on the sidelines of the Eighth Armenian-Russian Interregional Forum on Tuesday, TASS reported.
"In mutual trade, we are...
Russia's GDP grew by 4.7% in January-August and exceeded the pre-crisis level, Prime Minister Mikhail Mishustin said at a meeting of the Foreign Investment Advisory Council (FIAC) in Russia, local media reported.
"Economy has not only returned to the pre-crisis level but also exceeded it." Mishustin noted.
According to the Russian...
The average profitability from renting an apartment in Russia has decreased over the past year from 6% to 5.5% per annum, and the payback period has increased from 16.6 to 18 years, the portal "World of Apartments" notes.
"A year ago, the indicators were better - 6% and 16.6 years....
Aeroflot has resumed the sale of discounted tickets for residents of the Far East, the company's press service stated.
This is a subsidized transportation program, with the government allocating additional funds for it. Discount tickets are available for Russians with permanent residence in the region, and the flights will cost...