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 […]
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 […]
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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 […]
Crimean producers have been having something of a banner year with sales onto the mainland Russia market, with sales of fast-moving consumer goods (FMCG) produced in the region increasing by almost 40%. Sales of Crimean wines are amongst the most popular. According to a study by the analytical company Nielsen from February 2024 to February […]
A potential consequence of tariff wars triggered by the new U.S. administration’s decisions for Russian businesses could be the weakening of the Chinese RMB Yuan, and consequently increased competitiveness of Chinese manufacturers in foreign markets, including Russia, Kirill Tremasov, an advisor to the Central Bank of Russia’s governor has stated. Tremasov said that “One possible […]
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