The market for passenger cars and light commercial vehicles in Russia grew 80% in February 2024 and is forecast to continue growing in March, the Association of European Businesses (AEB) has stated in a press release. The AEB is the main representative body of foreign investors in Russia. Based on calculations by the AEB Committee […]
Russian Auto Market Sales Grew 80% In February 2024 Read More »
Russia’s Minister of Culture, Olga Lyubimova has stated (March 13) that numerous Asian countries are interested in developing cinematography together with Russia and conducting joint film production, and that this will be fully supported by the government. Lyubimova said in an interview with the Rossiya-24 that “We have joint production, and have formalized the possibility
Russia To Develop Cinematic Film Production With Asian Partners Read More »
The Kazakh Minister of National Economy Bauyrzhan Kudaibergenov, has said that over 40 foreign investor, with assets worth more than US$1.5 billion have completed the process of relocation from Russia to Kazakhstan. “Today, the government is working on the relocation of foreign companies, including large enterprises. We have about 400 companies from more than 30
Russian Foreign Investors Redomiciling To Kazakhstan Read More »
In a classic example of how convoluted and opaque the US sanctions upon Russia can be, the American iphone manufacturer Apple has paid a ₽1.18 billion (US$12.3 million) fine to the Russian government after a court in Moscow found the US tech giant guilty of abusing its dominant market position through its App Store. FAS,
Apple Pays Multi-Million Dollar Anti-Trust Fine To Russia Read More »
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