Russian Market News & Analysis

Russian Market

Featured March 6, 2025

Putin Lays Out Russian Development Strategy At “Future Technologies” Forum: Analysis

The Third International Future Technologies Forum held February 20 and 21 in Moscow, which sets the stage for groundbreaking scientific exploration, where emerging ideas, still taking shape in laboratories and research centres, are discussed and refined. This year’s forum focused on chemistry and the application of new materials – cross-cutting fields that will play a […]

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Featured March 4, 2025

Africa – Russia Tourism Volumes Rising In A New Growth Trend   

African Tourists visiting Russia have become a growth trend, and have risen by nearly 60% over the past two years, according to Yulia Maksutova, the deputy director general of the Center for Strategic Research (CSR) in Moscow. Maksutova highlighted a rising demand for travel, powered by expanding business and educational exchanges. She said that flight […]

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February 27, 2025

Test Drive Russia Before You Relocate: Special Moscow Event 

Russia is becoming an increasingly attractive place for thousands from the western world who see the liberal elite have declared war on their “traditional” values at home, as taxes soar and “home” becomes a bad option for bringing up children.  However moving one’s family to another country is a serious project – opening lots of […]

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February 23, 2025

Ex-Volkswagen Plant To Produce Russia-China JV Tenet Branded Cars

The ex-Volkswagen auto-manufacturing plant at Kaluga is launching auto manufacturing of cars under Russia’s Tenet brand, according to regional governor Vladislav Shapsha. Volkswagen exited the Russian market in 2023, selling the business to their Russian dealership, Avilon, who paid an estimated US$135 million for VW’s Russian business. Volkswagen reportedly invested more than US$800 million to […]

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February 17, 2025

Ukraine’s ‘Rare Earth Deposits’ Are Mainly In Russia   

The discussions between US President Donald Trump and Ukrainian figurehead Volodymyr Zelensky concerning giving the United States access to Ukrainian rare earth deposits has hit a snag – most of the concentrated deposits referenced by Zelensky are actually in Russia. In an article by the UK’s Independent Newspaper the news media provides an interactive map […]

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February 14, 2025

Tomato Wars: Russia Simply Replaced EU Imports With Azerbaijani Produce 

Azerbaijan exported 145,600 tonnes of tomatoes in 2024, up 3.6% compared to the previous year, accordig to the Azeri State Statistics Committee, while the value of the product also increased – by 8.3% to reach US$175.4 million. In 2023, Azerbaijan exported 140,600 tonnes of tomatoes worth US$162 million. In both cases, the primary buyer was […]

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February 13, 2025

Russian beauty retailer Golden Apple enters Saudi Arabian market

The cosmetics and perfumery chain Golden Apple (Yekaterinburg) will begin operating in Saudi Arabia, with offline and online stores to be launched in the coming months, the company’s press service said. “Golden Apple will become not only the first Russian beauty retailer to enter the kingdom’s market but also the first multi-brand retailer to enter […]

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February 10, 2025

Russian Domestic Investment Grade Diamond Sales Increase Threefold

ALROSA, which produces about 90% of diamonds in Russia, increased sales of investment-grade diamonds by a multiple of three times in 2024, to more than 1,000 units, the company has said. The investment category includes diamonds from 2 carats with certain colour and purity characteristics. Their price point starts from ₽2 million (over US$20,000) per […]

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February 9, 2025

A Sweet Tooth For Russian Sweets: Russian Confectionary Exports Up 8% In 2024

Russia exported 700,000 tonnes of confectionery products in 2024, up 8% year-on-year, while the value of these exports grew 10.3% to reach US$1.81 billion, according to the Russian Association of Confectionery Industry Enterprises. They were presenting at the “Confectionery Products of the 21st Century” conference in Moscow last week. The 2025 export forecast for Russian […]

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February 8, 2025

Russian Disposable Income Levels Grew By 8.6% In 2024: Economic Analysis

Russian President Vladimir Putin has been discussing and analysing Russia’s economic position during 2024 with Prime Minister Mikhail Mishustin to see areas that worked and where attention to change needs to be directed. Mishustin was presenting the results of Russia’s economic performance for last year. The results are generally positive but there are some critical […]

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