Russia’s MTS Bank, the fintech arm of Russia’s leading mobile phone operator MTS, has announced plans to carry out an initial public offering of its common shares on the Moscow Stock Exchange. Investors will be offered newly issued shares, with the proceeds from the IPO used to implement the bank’s growth strategy and further scale […]
MTS Bank To Issue An IPO On Moscow Stock Exchange Read More »
The auto fleet servicing subsidiary of Russian carsharing service Delimobil , Smart Mobility Management LLC (SMM) opened an office in China this year for direct purchases of spare parts, the company reported in notes to its financial statements for 2023. The office was opened in Shanghai to “look for new counterparties, partners, investors and establish
Russian Car-Sharing Service Opens Sourcing Office In Shanghai Read More »
Russian Foreign Minister Sergei Lavrov completed a two-day visit to Beijing on Tuesday, where he met both Chinese Foreign Minister Wang Yi and President Xi Jinping. In many ways, his trip was preparation for the visit of Russian President Vladimir Putin to China, whose plans were confirmed by the Kremlin on the same day. During
This Weeks Russia-China Foreign Ministers Meetings: Results & Analysis Read More »
When Chinese President Xi Jinping announced the Belt and Road Initiative over a decade ago, Russia’s Vladimir Putin was not enthusiastic about the massive infrastructure drive moving into his country’s “backyard”. Moscow saw landlocked former Soviet countries in Central Asia, such as Kazakhstan and Kyrgyzstan, as within its orbit and the belt and road as
Russia Warming To China’s Belt & Road Initiative Projects Read More »
Our Look Back At Some Of The Weeks Most Bizarre Or Cool Russo Moments Earthworms Globally Produce As Much Grain As Russia Earthworms’ contribution to the world’s grain harvest matches that of Russia, according to a study by Nature Communications highlighting the creatures enormous role in food production. The worms help produce 140 million tonnes
Update: April 13, 2024: French Foreign Legion arrives in Ukraine The first group of French Foreign Legion mercenaries have arrived at the Ukrainian military HQ in Slavyansk in Donetsk, according to the Telegram channel Military Chronicle. An initial group of 100 soldiers have arrived in the city, which is controlled by Kiev. It includes artillery
Macron Gets Aggressive As France Seeks Revenge For Niger & Mali Exits Read More »
October 25 Update: Vietnam has now been granted ‘BRICS Partner’ status. See more here. Vietnam is actively working on a bid to join the BRICS group, according to Hanoi’s embassy in Russia. The country has yet to make a decision on a formal membership bid, although it is establishing a framework for BRICS participation and
UDM Nestors LLC plans to invest ₽946 million (US$10.1 million) in the construction of a milk processing plant in the Izhevsk special economic zone (SEZ) that is being created in Udmurtia, the regional government said in an order posted on its website. The project is expected to be operational by 2028 and is the most
India’s UDM Nestors Investing in Dairy Production In Izhevsk SEZ Read More »
Due to the current high potential of the 2024 harvest, existing reserves and competitive prices, Russia will be able to become a leading supplier of wheat to India, according to the Rusagrotrans analytical center, following an analysis of the Indian grain market. Rusagrotrans stated in an interview with Interfax that “If the wheat harvest in
Russia Could Become India’s Largest Wheat Supplier in 2024 / 25 Read More »
Russia’s Federal Fisheries Agency Rosrybolovstvo is preparing an expedition to study the fish stocks of African countries, which together with African partners, could begin in Q2 2024, Rosrybolovstvo head Ilya Shestakov said at a meeting with President Vladimir Putin on Monday (April 8). Putin gave the order to organize the expedition following the conclusion of
Russia Looks To Africa For Seafood Supply Chains Read More »
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