Russian Market

Ozon

Another Highly Profitable EU Listed Public Company Relocates To Russia 

Economy, Finance, Investment, Russian Market, Trade

The Russian-owned Ozon Holdings Ltd has been granted permission by the Cypriot Department of Registrar of Companies and Intellectual Property to relocate to Russia, the company has reported. Ozon’s shareholders approved the decision to relocate to the Kaliningrad region’s special administrative district at the end of December this year. There, it will continue operating as […]

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Ferrari

Luxury Car Sales In Russia Increase

China, Imports, Russian Market

The category of “luxury” cars available in Russia has changed radically since 2014. While Western brands such as Ferrari, Lamborghini, Rolls-Royce https://www.rolls-roycemotorcars.com and Bugatti, have dominated the past decade, 13 ‘premium’ brands have been recently added, including China’s Hongqi, Lixiang, and Zeekr marques. Leadership in the luxury segment is consistently held by well-known Western brands

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Exports

Russian Non-Resource, Non-Energy Exports Increasing: Analysis & Assistance  

Africa, Asia, Economy, Exports, Latin America, Russian Market, Trade

Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets. In 2024, the positive balance of foreign trade increased by almost 8%, with exports to Africa and Asia continuing to grow. Export development reflects the potential of the domestic industry: Russian companies produce more than the

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Sirius

Russia’s Mariinsky Symphony Orchestra Roadtests New Sirius Concert Hall In Sochi

Culture, Infrastructure, Investment, Russian Market

Russia’s Mariinsky Theatre Symphony Orchestra, conducted by Valery Gergiev, undertook a first comprehensive acoustic rehearsal at the newly constructed Sirius Concert Hall in Sochi. The rehearsal took place on Saturday (July 26) as part of the Sirius Summer Music Festival, which is currently running from July 15 to August 24. According to Gergiev, the Sirius

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workers

Average Salaries In Russia Set To Increase By 12% In 2025

Economy, Finance, Russian Market

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

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Great Wall image

China’s Great Wall Autos Investing In Auto Components Plant In Tula   

China, Investment, Russian Market, Trade

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

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Salmon

Russia Becomes Biggest Buyer of Turkish Salmon

Agriculture, Imports, Middle East, Russian Market

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

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MaxWhatsapp

The Messenger Is The Message: WhatsApp To Be Replaced By MAX?

Infrastructure, Russian Market, Security

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

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M12_Vostok

Russia To Build More Access Roads To Kazakhstan, Mongolia, China & North Korea

Asia, Infrastructure, Investment, Russian Market

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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