Russian Market

Space Tourism

Russia To Develop Space Tourism Industry: Prospects

China, India, Infrastructure, Logistics & Transport, Russian Market, Trade

Russia’s Roscosmos is planning to send space tourists to the Russian space station currently under development, according to Roscosmos CEO Dmitry Bakanov. He stated that “Instead of the ISS (International Space Station), there will be a Russian space station where we are planning to develop tourist missions as well.” Russia is creating the new station […]

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Industrial Park

Russia To Invest Millions Into The Creation Of New Industrial Parks

Economy, Exports, Finance, Russian Market, Trade

The Russian government will allocate nearly ₽860 million (US$11 million) this year to finance the development of industrial parks and techno parks in numerous regions. Industrial and technological parks were a key component of China’s manufacturing success from the early 2000’s to the present day. They offer investment incentives, such as tax breaks, reduced utility

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Siberia

Western Siberian River Traffic Growing 20-25% As Russia’s River Logistics Boom

Commonwealth of Independent States, Infrastructure, Investment, Logistics & Transport, Russian Market

Sergey Pavlushkin, a director of the Association of Shipowners of Western Siberia has stated that traffic volumes along the regions rivers has been growing steadily with annual increases of 20-25% since 2019. Between 2015 and 2024, local river transport volumes rose from 80,000 to 431,000 passengers and from 700,000 to nearly 1.6 million tonnes of

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sadko

Russia Launches New Sadko 9 Off Road Truck For Tough Terrain Logistics

Logistics & Transport, Russian Market

Russia’s Modern Transport Technologies (STT) company has just launched sales of its new Sadko 9 vehicle, according to a company press release. This medium-duty 9-ton all-wheel-drive truck is built for rugged conditions and is aimed at buyers requiring off-road capabilities and support for heavy mounted equipment. This all-wheel drive truck has a load capacity of

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Pakistan

Why Russia’s Pivot To Asia Didn’t Cover The Russia-Pakistan Steel Plant Story

Asia, India, Russian Market

Several major Western and international media outlets covered a story that claimed Russia was investing US$2.6 billion in re-building a Pakistani steel plant in Karachi. That news appeared here, here, here, here, and here amongst much other coverage. So why didn’t Russia’s Pivot To Asia cover this story?  The reason is simple: in this age

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Outbound Tourism

Russian Summer 2025 Outbound Tourist Volumes Expected To Increase 24.8%

Africa, Asia, Exports, Logistics & Transport, Middle East, Russian Market, Trade

Outbound tourism from Russia may reach some 6.4 million this coming summer, which is a 24.8% increase from last year, the Russian Association of Tour Operators (ATOR) said on Friday (May 30). Artur Muradyan, vice president of ATOR for international tourism, said that “The early booking of summer vacations is almost twice as successful this

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Sberbank

Sberbank To Issue Bonds Tied To Crypto Values

Economy, Finance, Investment, Russian Market, Trade

Russia’s Sberbank is developing structured bonds whose yields will be tied to cryptocurrency price movements, according to Sberbank Executive Board Deputy Chairman Anatoly Popov. He said that “In the near future, we will present investors with a product that provides convenient and secure exposure to cryptocurrency assets – without direct ownership of cryptocurrencies, while fully

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Buy Back

Foreign Business Asset Buy-Back Laws Considered By State Duma

Economy, Finance, Imports, Russian Market, Trade

In June, the Russian State Duma will consider a bill prohibiting the buy-back of shares to foreign companies in the second and third readings. The document has already been approved by the Russian Ministry of Finance. The bill describes in which cases foreigners will be refused the ability to buy back their once-owned assets, with

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