Average monthly salaries in Russia are expected to grow to ₽100,000 (US$1,273) by the end of 2025, an increase of 12% over the year, according to Izvestia, Russia’s equivalent of the Financial Times. The best earners now are in the IT sector, finance and raw material extraction, insurance, construction, transportation and storage, while the manufacturing […]
China’s Great Wall Motors (GWM) will build a new plant for the production of automobile components and transmissions in Russia’s Tula Region. GWM and the regional government signed the agreement on the sidelines of the St. Petersburg International Economic Forum in June. The plant, which will create 1,000 jobs, will be built at the Uzlovaya […]
Türkiye’s aquaculture exports reached US$217 million in H1 2025, with Russia and Belarus emerging as the leading buyers, according to data compiled from the Aegean Fisheries and Animal Products Exporters’ Association. Turkish salmon emerged as the fastest-growing product in Türkiye’s aquaculture sector. Russia previously sourced its salmon from European nations such as Norway, but sanctions […]
WhatsApp might be blocked in Russia as early as August 2025, according to some media. Russian federal and municipal authorities are transferring their chats from WhatsApp and, in some cases, Telegram to the MAX app The Kremlin believes that the risks of Telegram being blocked are significant, thus the concern of losing the large […]
The Russian President, Vladimir Putin has said that Russia is considering the issues of building access roads to the state border with Kazakhstan, Mongolia, China and North Korea. He was speaking at the opening ceremony of the M-12 Vostok (East) Highway. Putin stated “We are going to continue proactively develop the Vostok route. It should […]
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Russia’s FESCO Transport Group have organised the dispatch of the first container train on the Vladivostok Nizhnekamsk (Tatarstan) route with imported goods for businesses in the Kama Economic Zone. The Kama Economic Zone is a key component of Tatarstan’s economic strategy, focusing on industrial and production activities within the region. It’s a designated area aimed […]
Russia, the world’s second-largest gold producer, is to free itself from the current dependence of gold prices on the London Stock Exchange (LSE), and plans to launch gold trading on the St. Petersburg Exchange (SPIMEX) by the end of the year. One of the main objectives of the exchange when launching a new market is […]
Russian Deputy Prime Minister Dmitry Patrushev has met with leaders of several Moldovan political parties: Igor Dodon of the Socialists of the Republic of Moldova, Irina Vlah of the Heart of Moldova party, and Vasile Tarlev of the Future of Moldova party. Current Moldovan politics has become extremely partisan for a small country. In essence, […]
Russia’s Foreign Minister Sergey Lavrov and Choe Son Hui, the Foreign Minister of the Democratic People’s Republic of Korea, have been holding three-day talks as part of the second round of the strategic dialogue between Russia and North Korea in the new North Korean city of Wonsan on July 11. Kim Jong Un presided over […]
Russian and Chinese investors plan to set up a Joint Venture in the Titanium Valley Special Economic Zone (SEZ) to manufacture precision wire for electrolysis equipment, according to Sverdlovsk Region Deputy Governor Vasily Kozlov. He did not name the participants but stated “One of the residents of the Titanium Valley SEZ, in cooperation with a […]
The head of the Republic of Crimea, Sergei Aksyonov, has met with the director of the Federal Air Transport Agency (Rosaviatsia), Dmitry Yadrov, to discuss the prospects of resuming flights to the peninsula. He stated that “We discussed the future restoration of the aviation link and a number of issues concerning the material and technical […]
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