The Russian-owned Ozon Holdings Ltd has been granted permission by the Cypriot Department of Registrar of Companies and Intellectual Property to relocate to Russia, the company has reported. Ozon’s shareholders approved the decision to relocate to the Kaliningrad region’s special administrative district at the end of December this year. There, it will continue operating as […]
Russia’s FESCO Transportation Group shipped more than 8,500 TEU of containerized cargo on the FESCO Indian Line West (FIL-W) marine service between ports in India and the United Arab Emirates (UAE) and the Russian port of Novorossiysk in the first half of 2025, 30% more than a year earlier, the company has reported. Export shipments […]
A subsidiary of Rosatom’s state nuclear energy corporation has commissioned a pilot installation at a uranium project in Tanzania, Rosatom CEO Alexei Likhachev has stated, specifying that this concerns the Mkuju River project in southern Tanzania. The Tanzanian government had completed an environmental assessment in June and has green-lit the project to start. The Mkuju […]
August 6 update: The US President, Donald Trump, has now imposed tariffs of 50% on Indian imports with immediate effect. The US President, Donald Trump, has issued a threat of 25% tariffs, plus an additional, as yet unannounced tariff to be placed on Indian imports to the United States from 1st August 2025. We analyse […]
The category of “luxury” cars available in Russia has changed radically since 2014. While Western brands such as Ferrari, Lamborghini, Rolls-Royce https://www.rolls-roycemotorcars.com and Bugatti, have dominated the past decade, 13 ‘premium’ brands have been recently added, including China’s Hongqi, Lixiang, and Zeekr marques. Leadership in the luxury segment is consistently held by well-known Western brands […]
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Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets. In 2024, the positive balance of foreign trade increased by almost 8%, with exports to Africa and Asia continuing to grow. Export development reflects the potential of the domestic industry: Russian companies produce more than the […]
The Director of the Department of Economic Cooperation of the Russian Foreign Ministry, Dmitry Birichevskiy, has been speaking at the Valdai Club’s 3rd Russia-Africa conference and the South African Institute of International Affairs (SAIIA). South Africa is in a somewhat unique position as it has just taken over the Presidency of the G20, and from […]
Russia’s FESCO Transportation Group has launched a direct rail service, the “Vietnam Shuttle” from Vietnam to Moscow via China and Mongolia in partnership with logistics operator Ratraco (a subsidiary of Vietnam Railways), the company has said. The average transit time along the Vietnam Shuttle route is 35 days. Departures from Vietnam are carried out weekly. […]
Russia and Niger have formalized plans to cooperate on the peaceful use of nuclear energy, including the construction of power-generation infrastructure in the country, where nearly 80% of the population lacks access to electricity. According to the Russian Ministry of Energy, Russia’s state nuclear power corporation (Rosatom) and Niger’s Energy Ministry signed a Memorandum of […]
Russia’s Mariinsky Theatre Symphony Orchestra, conducted by Valery Gergiev, undertook a first comprehensive acoustic rehearsal at the newly constructed Sirius Concert Hall in Sochi. The rehearsal took place on Saturday (July 26) as part of the Sirius Summer Music Festival, which is currently running from July 15 to August 24. According to Gergiev, the Sirius […]
Russian businesses have been facing unprecedented sanctions pressure, many of which have resulted in the loss of ownership over numerous Russian-owned assets based in the West due to their being frozen, transferred to Western management, total seizure or forced sales. In many of these cases, these violations are considered direct and indirect expropriation of Russian […]
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