Russian Market

SSJ100

100% Russian-Made Sukhoi Superjet Makes Maiden Flight

Exports, Infrastructure, Investment, Logistics & Transport, Russian Market

A Sukhoi Superjet 100 (SJ-100) aircraft with all of its component parts made in Russia has joined Russia’s test flight program, the aircraft manufacturer, Rostec has stated. The aircraft, bearing factory number 97003 performed its maiden flight in Komsomolsk-on-Amur. The trials were designed to test and prove the capability and stable operations of all the […]

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Image Hyundai

Hyundai, Kia Preparing To Return To The Russian Market? 

Asia, Imports, Russian Market, Trade

In signs that some businesses are preparing to return to the Russian market, South Korea’s auto giant Hyundai has registered at least eight new trademarks with Russia’s intellectual property service, Rospatent, this month. The filings suggest that Hyundai could be preparing for a return to the Russian market. The new trademarks grant the company the

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Cosmetics

Russia Imposes 35% Import Tariffs On Cosmetics & Perfumes From Unfriendly Countries

China, Imports, India, Russian Market, Trade

Russia’s Trade & Industry Ministry has stated that Russia will impose increased customs duty of 35% on perfume, eau de toilette, powder, hair and lip makeup products, as well as skin care products imported from unfriendly countries. The tariffs are immediately effective. The Ministry notes said that the updated list of goods subject to duty

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LV

Louis Vuitton Preparing To Return To The Russian Market? 

Imports, Russian Market, Trade

French luxury brand Louis Vuitton has registered up to six new trademarks in Russia, according to media reports citing records kept by the country’s federal intellectual property agency, Rospatent. Louis Vuitton filed an application in October, and Rospatent registered a new trademark this month, which is valid until 2034. The Rospatent database apparently shows that

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Kaliningrad

EU loses Another Listed Company To Russian Domiciliation  

Economy, Finance, Russian Market, Trade

The European Union has lost another listed company to Russian domiciliation as video analytics solutions developer NtechLab has completed redomiciliation from Cyprus to the Kaliningrad Region Special Administrative District. The entity will be known as IPJSC NTK. N-Tech.Lab LTD owns NtechLab’s main operational legal entity in Russia – NTech Lab LLC, which is a world

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Dollar

Russian De-Dollarisation Has Increased To 79.8%; Trade With The West Declines To 15% Of The 2024 Total

Economy, Finance, Russian Market, Trade

The policy of de-dollarizing the Russian economy has been boosted over the past three years, mainly as an obvious reaction to US dollar sanctions being placed upon the country. Russian Deputy Prime Minister Alexei Overchuk said at the Federation Council that Russia has effectively completed a transition to settlements in national currencies: by the end

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Arctic

Russian Arctic Needs To Be Integrated Into National Transport Infrastructure

Asia, China, Infrastructure, Investment, Russian Market, Trade

In order to maximise the potential of the Northern Sea Route (NSR) and develop it into one of Russia’s key transport lanes, Russia’s Arctic seaports need to be integrated with Russia’s railway and road shipping infrastructure and inland waterways, according to Nikolai Patrushev, Russian presidential aide and the Chairman of Russia’s Maritime Board. Speaking at

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car_with_russian_number_plate

Chinese Imported Auto Brands Exiting Russia Market As Added Value Manufacturing Becomes The New Normal

China, Imports, Russian Market, Trade

China’s auto manufacturers have leapt to a 45% Russian market share over the past three years as European manufacturers exited the market and Chinese brands swept in to replace them. However, oversupply and changes in Russia’s import tariffs on vehicles have meant that up to ten Chinese brands may leave the Russian market due to

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World Order

United States, Russia, & China To Lead New World Order

China, Economy, Infrastructure, Russian Market, Security

Argentina’s President Javier Milei has stated that Russia, the United States and China will establish distinct zones of influence under the emerging new world order. Speaking during a local radio interview, he said that “The world order is being redefined. The United States will now lead the Americas, Russia will lead Eurasia, and China will

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