News
St. Petersburg Technology Park to explore new areas in 2027
The Chairman of the St. Petersburg Committee on Industrial Policy, Innovations, and Trade Alexander Sitov added that the area of the park has been increased by 2.5 times.
Business in Russia
Russia’s absolute sovereignty, contours of next economic model discussed at SPIEF
Russia’s external debt currently stands at 10% and will soon be fully repaid, Russian Finance Minister Anton Siluanov said.
Business in Russia
Russia’s gravitas undeniable, foreign delegations at SPIEF prove it — Bosnian Serb leader
Milorad Dodik highlighted the importance of a "strong US delegation" being at the forum.
Business in Russia
Russian economy may grow by 2% by year-end
The head of the State Duma Committee on the Financial Market expressed the opinion that the Bank of Russia "will begin lowering the key rate more actively," which would lead to lower lending rates.
Business in Russia
Russia to begin lithium extraction in Murmansk Region this year
The Russian Natural Resources Minister Alexander Kozlov said, that industrial lithium production has not yet started in Russia and that preparations for its launch are currently underway.
Business in Russia
EAEU updates certain provisions of free trade agreement with Serbia
This measure will significantly streamline customs clearance for goods moving between the EAEU and Serbia, Chairman of the Board of the Eurasian Economic Commission Baqytzhan Saghyntayev said.
Business in Russia
Russia remains integral part of global economic system — Putin
The President noted that Russia remained open to constructive interaction with all partners who shared the principles of mutual respect and were ready to build honest long-term relations.
Business in Russia
Russia restricts shipments from Ecuadorian banana exporter
Rosselkhoznadzor has been forced to impose restrictive measures on banana imports from an Ecuadorian exporter due to the continued detection of quarantine pests, Sergey Dankvert said.
Business in Russia
New SME lending program with limit of $2.09 bln to launch in July
According to the official, the rate is equal to the key rate.
Business in Russia
Share of Visa, Mastercard down to 17% in Russian market
Alla Bakina said the banks are performing the gradual substitution by other instruments, including Mir cards.
Business in Russia