The Russian economy is transitioning, with economic pressures such as inflation, moderate growth and sanctions all contributing to a dampened performance in 2025. However, this is partially offset by significant infrastructure building, high military related output, and increasing foreign reserves and industrial progress in key economic areas. It is also diversifying beyond energy to include new vital technology-driven sectors. Get vital data on Russia’s economy for business decision-making. Analysis of macroeconomic trends, investment climate, and economic policies impacting your operations and investments in the country.
The Russian President, Vladimir Putin, has described the Russian economy as resilient in the face of Western sanctions and said that Russia is maintaining economic growth while keeping unemployment at record lows and reining in inflation. He was speaking at the “Russia Calling!” Investment Forum on Tuesday (December 2). Putin said the economy is expected […]
President Vladimir Putin has signed a decree allowing visa-free entry to Russia for Chinese citizens, granting them stays of up to 30 days. Chinese citizens can now travel visa-free to Russia for private visits, business, tourism, or to take part in scientific, cultural, political, economic, or sporting events. The measure took effect as of December […]
With Russian President Vladimir Putin’s state visit to India now scheduled for December 4th and 5th, the prospect of Russia and India linking their national payment systems to bypass the SWIFT network will be high on the agenda, according to Deputy Foreign Minister Andrey Rudenko. The subject follows discussions already held on the matter between […]
The head of Russia’s Federal Tax Service (FTS), Daniil Yegorov, has stated that Russia has restructured its Double Tax Treaty (DTA) arrangements with other countries, with these now being aligned with countries that provide favorable investment environments for Russian investors. DTAs are bilateral agreements aimed at preventing situations where the same income of a legal […]
Russia is the current chair of the Shanghai Cooperation Organisation and has been hosting the Council of Heads of Government in Moscow. The Russian Prime Minister, Mikhail Mishustin, chaired the event, while the Russian President, Vladimir Putin, also addressed the attendees. These included China, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India, Pakistan, Iran, and Belarus. This is […]
Subscribe to receive exclusive insights and analysis on Economy.
Moscow has been hosting the Shanghai Cooperation Organisation (SCO) Heads of Government Summit, with the Russian President, Vladimir Putin, noting that Russia’s trade with SCO members has reached US$409 billion. He stated, “Russia’s trade turnover with SCO countries reached $409 billion in 2024 and continues to grow. Of course, the lion’s share of this is […]
The Russian President, Vladimir Putin, has held discussions with Chinese Premier Li Qiang, who is visiting Moscow to take part in the annual Heads of Government meetings of the Shanghai Cooperation Organisation. Russia is the current chair. Putin’s comments are prefixed with VP, Li Qiang’s with LQ, and our comments as RPA. This is what […]
In the wake of successful IPOs in Russia over the past two years, another Russian domestic market player has announced plans to list in early 2026. This is WineLab, the retail arm of the Novabev Group, one of Russia’s biggest producers and distributors of alcoholic beverages. The company said in reporting for the first half […]
By Charles van der Leeuw Russia’s return to serious trade and investment on the African continent only seriously took off almost three decades after the breakup of the Soviet Union. The legacy the USSR had left in Africa remained untouched by western powers for a long time, and when China, in 2014, announced its Belt […]
PJSC DOM.RF has announced plans for an IPO on the Moscow Exchange, with the planning to obtain a listing and start trading its shares on the Moscow Exchange this month. The shares are expected to be included in the first-tier list. DOM RF are a Russian state-owned financial services and property management company involved in […]
The Russian government has accounted for the wishes of businesses and members of parliament and proposed a gradual transition to VAT payment for small- and medium-sized businesses on a simplified tax system, lowering the payment revenue mechanism from a threshold of ₽20 million (US$245,000) to ₽10 million (US$125,000) over the coming three years, Prime Minister […]
Русский
