The Central Bank of Russia has set the minimum annual income threshold for obtaining the status of a Qualified Investor at ₽12 million (@US$150,000) according to Mikhail Mamuta, Head of the Russian regulatory body for the Protection for Consumer Rights and Ensuring the Availability of Financial Services. He was speaking on the sidelines of the […]
The Russian Foreign Minister, Sergey Lavrov, has given an interesting speech and held a Q&A session with the Diplomatic Club in Moscow, which includes attendees from the Russian Foreign Ministry academy, Russian Regional Governors, and Foreign Ambassadors. The event was the first to be held since the covid pandemic. In a wide ranging presentation, Lavrov […]
Russian diamond-mining giant Alrosa has stated that it has mined the largest diamond in Russian history. The 468-carat, amber-colored diamond has been named “80 Years of Victory in the Great Patriotic War,” referring to the Soviet victory in World War II. Alrosa CEO Pavel Marinychev said: ‘To date, this is the largest gem-quality diamond mined […]
This past May 16, 2025 in the town of Suifenhe, Heilongjiang Province, China, the Russian Export Center (REC) jointly with Chinese partners opened the first warehouse distribution center under the “Made in Russia” brand. The total area of the warehouse distribution center in Suifenhe is 4,600 sq. m. The warehouse already stores more than 900 […]
During a meeting with members of the all-Russian public organization “Business Russia” on Tuesday May 13th President Vladimir Putin said that the main condition for the return of Western companies should be to benefit Russia. President Putin said that representatives of Western businesses were reaching out to him with requests to give them an opportunity […]
Subscribe to receive exclusive insights and analysis on Russian Market.
The new generator simulates “spikes” – electrical impulses that neurons use to communicate with each other Specialists of the N.G. Chernyshevsky Saratov State National Research University have developed an artificial neuron that imitates the work of real nerve cells, the press service of the Ministry of Education and Science of the Russian Federation reported. The […]
In March 2025, the United States exported to Russia wild rice worth about 294.2 thousand dollars, which was a record since 2015. This is reported by the American statistical service. In February Russia resumed buying wild rice from the United States – then it was bought for 154.7 thousand dollars, and by March it was […]
The Krasnoyarsk Territory retains its position as one of the key Russian regions in hydrocarbon production. The Ministry of Natural Resources and Environment of the Russian Federation named the North Baikalovskoye field in Taimyr as one of the discoveries of 2024. It was included in the list of 39 new hydrocarbon fields in the country. […]
A joint Sino-Russian venture, ABK Lider LLC is investing ₽1.1 billion (USD13.5 million) in the construction of a manufacturing plant to produce blocks, wall panels and ventilation shafts from Autoclaved Aerated Concrete. The plant will be established in the Bolshoi Kamen Priority Development Area in Primorye. Bolshoi Kamen itself is a major sea port and […]
China has become the third largest potato supplier to Russia, with Russia importing 46,700 tons of vegetables from China valued at US$17.3 million. Egypt was second with 75,300 tons, and Belarus the potato exports kings with 193,800 tons of potatoes. Other significant suppliers include Azerbaijan, Georgia, Kazakhstan, Pakistan, Kyrgyzstan, Serbia, Armenia, Turkiye and Germany. In […]
Growing demands on Chinese automakers to localize production in Russia are forcing them to expand their warehouse capacity within the country. For example, Haval leased 42,000 square meters in the Klin industrial park near Moscow – one of the largest deals in the commercial property rental sector this year to date. Reports from the Moscow […]
Русский
