Latest updates, insights, and analysis.
Russia has begun to purchase butter from the United Arab Emirates (UAE), the first time it has imported the product from the country. Before, the European Union was a major source of the product, with 28% of all EU butter exports going to Russia. Russia began importing UAE butter on October 18, and in the […]
The assets of the British-based auto group Jaguar Land Rover (JLR)’s Russian subsidiary, Jaguar Land Rover LLC, have been acquired by a company belonging to its senior Russian managers, according to information in the Russian Unified State Register of Legal Entities. The deal was closed on October 31. VSKD Motors LLC, registered in Moscow at […]
Russian Foreign Minister Sergey Lavrov has said that both Russia and Türkiye will benefit if Rosatom, the state-owned nuclear power contractor, is successful in its bid to construct the planned Sinop Nuclear Power Plant (NPP) on Türkiye’s Black Sea coast. Rosatom is currently constructing Turkiye’s first NPP at Akkuyu. Lavrov commented in an interview with […]
Saudi Arabia’s Salic (Saudi Agricultural & Livestock Investment) has gained control over several Russian agricultural assets through its purchase of Singapore’s Olam Agri, the Russian Union of Grain Exporters and Producers has said. The main asset is the Azov Grain Terminal. Eduard Zernin, the Union CEO, stated “Without exaggeration, this is a landmark deal which […]
Russia’s Binnopharm Group, owned by AFK Sistema, and members of a Sri Lankan delegation have been discussing options for interaction and international cooperation in the pharmaceutical sector. Binnopham produces around 300 pharmaceutical products and is a major antibiotics producer in Russia. Approximately 35% of its medicines are produced in a full cycle from the company’s […]
Kazakhstan plans to import 500,000 tonnes of bitumen from Russia this year and determine imports for 2025, according to the Kazakh Ministry of Energy. Bitumen is commonly used in the construction industry. The average price is about US$500 a tonne. Kazakhstan’s annual demand is about 1 million tonnes, with the country capable of producing 1.2 […]
Russia’s multimodal transport operator Ruscon, part of the Delo Group, is launching a regular service for delivering consolidated cargo from Israel to Russia, the company has stated. Goods will be consolidated at warehousing in the Haifa Port, then shipped in large containers to Ruscon’s Delo Group’s marine terminal in Novorossiysk. Cargo will be deconsolidated at […]
During this year, a long-awaited IPO boom has occurred in the Russian market. In less than a year, 14 new issuers placed their shares on the open market, and another began collecting applications — the best result since 2007. Driving this are institutional investors, but increasingly private investors are also now involved. For 2025, Russian […]
The major Russian cargo carrier Globaltrans is to leave the London Stock Exchange (LSE) on November 22, and has already relisted in Astana, Kazakhstan. The company is one of Russia’s largest rail transport groups, and is focused exclusively on the freight logistics sector in Russia and the Commonwealth of Independent States (CIS), providing services for […]
The US Presidential elections are being held next Tuesday, November 5th, and early indications point to a Trump victory. But how will this impact Russia? Russian President Putin has suggested that whoever becomes US President “makes no difference” as the United States is so anti-Russian anyway, that having either Trump or Harris as President is […]
The Russian Ambassador to Iraq, Elbrus Kutrashev, has stated that the Iraqi government is interested in BRICS, but it is too early at present to talk about the country becoming a member. Speaking to Izvestia, he said “Russia is in fashion among Iraqis now. There are many who want to visit Russia for tourism or […]
Russia has received the right to export livestock products to Cuba, in moves that should provide a boom for Russian exporters operating in this sector. The Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has been looking at developing foreign markets, and an audit of the Russian system for control and oversight of animal-origin […]
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