Russian auto factories increased production of all types of vehicles by 16.5% during 2024, with the production of some types of cars increasing while others, began to be assembled less. The domestic automobile industry has great potential for further growth, but increasing production volumes will largely depend on the general situation on the market. Last […]
Russian spending on trips abroad has exceeded pre-2019 record levels, according to the Russian Central Bank. In 2024, Russian nationals spent almost US$38 billion on travel to other countries, overtaking the previous record by US$1.5 billion. Among the main reasons for the growth of the Russian overseas tourism sector are the availability of new destinations […]
Turkiye’s AJet airline will launch direct flights between Istanbul and St. Petersburg on March 14, according to St. Petersburg’s Pulkovo Airport. There will be four flights a week, on Mondays, Wednesdays, Fridays and Sundays. Pulkovo airports press service stated that “AJet is the fourth carrier on the St. Petersburg-Istanbul route. The number of flights to […]
The Israeli Tourism Ministry has said that 72,600 Russian tourists visited Israel in 2024, a sharp decline from the 158,500 Russian tourist arrivals in 2023. The number of tourists fell after the Israeli-Palestinian conflict escalated on October 7, 2023. Overall, Russian visitors retained the fourth position among foreign tourists to Israel in 2024 with a […]
Russia’s supply chains are showing signs of adapting far more quickly than in the past, with one example being butter imports from Azerbaijan, Uruguay and Argentina this year, which have all increased, according to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). Azerbaijan delivered 940 tonnes of butter, four times the amount it did […]
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Russian President Vladimir Putin has signed an order to hold the InterVision Song Contest in 2025, establishing it as an alternative to Europe’s Eurovision. The event is scheduled to take place in Moscow this autumn. Eurovision, organized annually by the European Broadcasting Union (EBU) since the 1950s, has been subjected to controversary, accusations of prioritizing […]
Russia’s Ministry of Education and Science has expanded the list of universities whose diplomas are recognized by the Russian authorities, and added Cairo University (Egypt), The University of Science Malaysia, University of Sharjah (UAE), and Tehran University (Iran) to its approved list. Accepted Universities must appear in at least three international rankings for 2024 out […]
Aeroflot plans to launch flights to the Vietnamese resort city of Nha Trang in March this year, company CEO Sergei Aleksandrovsky has stated, saying “We plan to open a new route to Vietnam, to the city of Nha Trang, at the end of March. We also plan to expand our regional flight program to Hainan […]
Analysts at the Moscow-based Gaidar Institute’s Foreign Trade Laboratory (IEP) have stated that China-Russia trade dynamics show that the pressure of secondary sanctions on China began from March 2024, when they were first applied on a large scale. However, within four months, Russian exports to China had recovered, and by July the initial decline was […]
Russia and India area set to sign off on an labour migration deal, an agreement will permit a flow of skilled Indian workers to Russia, Indian Ambassador to Russia Vinay Kumar has said. New Delhi and Moscow are actively discussing a memorandum of understanding to establish a Migration and Mobility Partnership Agreement, aiming to facilitate […]
Russia’s State-Owned Shipbuilders, the United Shipbuilding Corporation (USC) are constructing 120 vessels as part of its national civil shipbuilding remit, according to USC CEO Andrei Puchkov. He was speaking at a meeting with Russian Prime Minister Mikhail Mishustin. Puchkov said that “In terms of USC’s civilian orders, our shipyards are building about 120 different types […]
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