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July 23, 2025

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

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 […]

July 22, 2025

Russia Discusses Oil Pipeline Construction with Hungary and Serbia

Hungary’s Foreign Minister Peter Szijjarto said the country was making progress in talks with Moscow and Belgrade on building a new oil pipeline between Hungary and Serbia. Szijjarto said, “While Brussels is blocking Russian energy supplies, cutting off connections, and blocking routes, we need new sources and new routes. Hungary will not fall victim to […]

July 22, 2025

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

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 […]

July 22, 2025

China’s Changan Relocates Auto Manufacturing From Kaliningrad To Kazakhstan

The Chinese car manufacturer Changan has stopped producing its cars at the Avtotor plant in Kaliningrad and now plans to supply its cars to Russia from Kazakhstan. The first deliveries are scheduled for autumn 2025, with the Changan CS55 Plus crossover the first to be imported into Russia. The cars will be assembled at the […]

July 21, 2025

Russia Becomes Biggest Buyer of Turkish Salmon

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 […]

July 20, 2025

Chelyabinsk Ships First Steel to Iraq for First Time in Three Years

Steelmakers in Russia’s Chelyabinsk Region have shipped product to Iraq in the first half of 2025 for the first time in almost three years, according to the Chelyabinsk regional customs service. Andrey Gursky, acting head of the Chelyabinsk Customs Office, stated, “The Chelyabinsk Customs Office pays special attention to our metallurgical enterprises and actively promotes […]

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