News

Latest updates, insights, and analysis.

March 31, 2025

Murmansk’s New Lavna Port Ready For Operations: To Service Belarus and Baltic Sea Ports To Far East Asia

Russia’s Lavna Port on the Western shore of the Kola Bay in Murmansk is now ready for operations, with the commissioning work on the construction of the first stage now completed, and the terminal is ready for launch, according to Andrey Chibis, the Chairman of the State Council Commission on the Northern Sea Route and […]

March 31, 2025

Russia Continues Great African Shipping Expedition In The Indian Ocean

After completion of the planned scientific research work in the Exclusive Economic Zones (EEZ) of several Northwest African countries, the Russian Scientific Research Vessel (NIS) STM Atlantis has completed a voyage to the southwestern Indian Ocean to continue work in Mozambique’s EEZ, according to the All-Russian Research Institute of Fisheries and Oceanography (VNIRO). An Exclusive […]

March 31, 2025

India Delivers Grapes To Russia’s Consumer Market Via Shanghai & Vladivostok 

Russia’s FESCO transport has delivered refrigerated Indian grapes to the Russian consumer market for the first time, replacing EU sourcing markets, while continuing to buy grapes from Central Asia. The 80-tonne shipment was loaded into four forty-foot refrigerated containers at the Indian exporter’s warehouse. The consignment was then transported to the Nava Sheva port near […]

March 30, 2025

Russia’s 2024 Median Salary Growth Was The Highest Since 2018

The Russian salary growth rate in 2024 was the highest in the past six years amid increased competition for potential workers. Overall, the median salary offered in Russia increased by 18%, from ₽65,400 in January 2024 to ₽77,200 in January 2025, according to Maria Ignatova of the Human Resources analytical agency HH Help. That equates […]

March 30, 2025

Russia, India, Looking To Boost Bilateral Trade Beyond US$100 Billion  

Russia and India have been exploring ways develop their bilateral trade partnership, with officials and experts participating at the “Russia and India: Towards a New Bilateral Agenda”, organized by the Russian International Affairs Council (RIAC) in Moscow. The event, which took place last Thursday (March 27) with support from the Indian embassy, highlighted that while […]

March 30, 2025

Italy’s Ariston White Goods Manufacturer Returns To Russia

Italian white goods household equipment manufacturer Ariston has announced its return to Russia after exiting the market in 2022, according to a company statement. Ariston has become the first major Western brand to announce a return, after Russian President Vladimir Putin signed a decree on Wednesday (March 26) removing the Ariston’s subsidiary in Russia from […]

March 30, 2025

South Korea’s LG Electronics Anticipates Restart Of Moscow Production Plant 

South Korea’s LG Electronics has carried out a test restart of its manufacturing plant in Ruza, near Moscow, which produces washing machines and refrigerators. The facility has been closed since operations were suspended in 2022 due to Ukraine conflict-related Western sanctions. LG halted all deliveries to Russia and suspended operations shortly after the escalation of […]

March 29, 2025

Russia To Open Embassy In The Comoros Islands  

The Comoros has agreed to the establishment of a Russian diplomatic mission in its capital, Moroni, according to its Foreign Ministry. The Comorian government has welcomed the move as an opportunity to strengthen bilateral relations with Moscow, according to a letter addressed to the Russian mission in neighboring Madagascar. The letter stated “The government of […]

March 28, 2025

Russian, Chinese Manufacturers Collaborate On Next Generation Of Public Transport E-Scooters

Russia’s electric scooter and bike-sharing service Whoosh and China’s Segway-Ninebot have agreed on a strategic partnership to develop the next generation of e-scooters for sharing services, according to Whoosh. The project calls for the joint contribution of the latest know-how and engineering solutions to create a new scooter engineering platform. Whoosh will be responsible for […]

March 27, 2025

Russia, Cuba Bilateral Relations As Energy Working Group Arrives In Moscow

A Cuban delegation is in Moscow to discuss energy and other trade and investment issues pending a visit by the Cuban President, Miguel Diaz-Canel to Moscow in May. The delegation was headed by Esteban Laso Hernández, President of the National Assembly of People’s Power and the State Council of the Republic. He arrived in Russia […]

March 27, 2025

Russia’s RDIF Proposes Russian-International Arctic Investment Fund   

The Russian Direct Investment Fund (RDIF) has proposed creating a new investment fund together with Russian and international development institutions, banks, pension funds and foreign partners to support the implementation of projects in the Arctic, according to Kirill Dmitriev, the RDIF CEO, and Russian Special Representative for Investment and Economic Cooperation with Foreign Countries. He […]

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