Investment

India’s Cadila Pharma Agrees US$113 million JV Manufacturing Plant in Russia 

India, Investment, Trade

India’s Cadila Pharmaceuticals, one of the countries largest, together with the Russian Direct Investment Fund (RDIF) have agreed to jointly finance a new manufacturing facility in Russia, with a total investment of ₽10 billion (US$113 million). The agreement comes after numerous Western pharmaceutical companies withdrew from Russia under their governments pressure. Russia’s civilian pharmaceutical needs […]

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Russian Container Ship

Artyom To Host The Largest Dry Port In The Far East, Targeting China Trade

China, Infrastructure, Investment

Russia’s FinInvest, which recently became a resident of the Mikhailovsky Priority Development Territory (ASEZ), will build the largest dry port in the Far East, which will be able to handle up to 1 million containers per year. The ASEZ includes land plots totaling more than 822 hectares in Artyom and Arsenyev cities, as well as

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Russian Manufacturing Reconstruction In The Donbass

Commonwealth of Independent States, Infrastructure, Investment

Russia is now planning reconstruction of industrial sites in the Donbass following moves into the area after previous heavy fighting. These plans are rarely, if ever, reported in Western media.  However, assessments and reconstruction plans are being carried out throughout the Donbass region, according to Denis Pushilin, the Head of the Donetsk People’s Republic.   In

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Russia Plans For National Economic Transition & Growth Resurgence 

Economy, Finance, Investment

Andrey Belousov, Russia’s First Deputy Prime Minister, has said that Russia has worked out a plan to transform the country’s economy by 2030. His remarks followed President Putin’s decree, also issued this week, which sets out the goals for future Russian growth until the end of the decade.  Speaking at a panel session on Wednesday

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Putin’s Presidential Inauguration Speech: National Development Plans & Russia To Become World’s Fourth Largest Economy By 2030

Economy, Investment

The Russian President Vladimir Putin made a comprehensive speech during his inauguration ceremony in the Kremlin, focusing on Russia’s future and its national strategic development plans. We summarise these and provide a link to the complete text below. Russian Priorities Amid the rapid changes in the world, Russia “must be self-sufficient and competitive,” open new

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Russia’s Aurus Luxury Auto Brand Takes Over Toyota’s St.Petersburg Production Plant

China, Investment, Trade

In another indication of how Western sanctions have spurred Russia’s domestic industries, a St. Petersburg-based plant formerly belonging to Japanese automaker Toyota has been transferred to Russian high-end carmaker Aurus, according to Denis Manturov, Russia’s acting Minister of Industry and Trade. Production of Aurus cars at the plant will start before the end of 2024.

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Russia’s Special Administrative Regions Gain Offshore Investment Interest

Foreign Investment, Infrastructure, Investment, Trade

The number of new companies registered in the Special Administrative Regions (SAR) on Russky Island in Vladivostok, and Oktyabrsky island in Kaliningrad exceeded 400 in April, with the registration of new residents indicating the continuing interest in re-domiciliation into Russia’s legal jurisdiction. The SAR’s offer specific benefits not available on the Russian mainland, including lower

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