News

Rusal Buys 26% Of India’s Pioneer For US$243.75 Million

Russia’s Rusal, the country’s largest aluminium producer, has completed the first stage of a deal to buy a stake in Indian alumina refinery Pioneer Aluminium Industries, acquiring a 26% interest for US$243.75 million. Rusal reported the deal in its most recent financial statement. The company is the world’s second largest aluminium manufacturer, accounting for almost […]

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Russia’s Ural Motors Leads The Way In Auto-Component Self-Sufficiency

Investment, Logistics & Transport, Russian Market

Russia’s Ural Automobile Plant, based in Chelyabinsk, has begun constructing a new foundry complex with an investment of ₽9.5 billion (US$118.8 million), according to the Russian Industrial Development Fund (IDF). The fund provided the plant with a ₽5 billion preferential loan for implementing the project, with the foundation stone laying ceremony held last week. The

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Siberian Wood Pellet Producer Doubles Exports to South Korea

Agriculture, Asia, Energy, Exports

Russia’s Segezha Group in Siberia has doubled its wood pellet production year-on-year to 61,000 tonnes in January-June 2025, the group has stated. The company has almost tripled its pellet sales to 70,600 tonnes in H1, up from 25,200 tonnes in H1 2024. The main purchaser was South Korea, to which the company supplied more than

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Russia’s Tax Revenues Improve By US$30 Billion In 7M 2025

Finance, Regulatory, Russian Market

Russia’s Federal Tax Service (FTS) has contributed 7% more taxes in 7M 2025, rising by ₽2.4 trillion (US$30 billion) more than the same period last year, according to FTS CEO Daniil Yegorov. Tax payments to the federal budget rose 5%. Non-oil revenues administered by the FTS increased 27% YoY (by ₽2 trillion, or US$25 billion)

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Russia’s Oil Revenues Up 7% In July As EU Supplies Increase

Energy, Exports, India, Middle East

Russia’s oil export revenues in July rose 7% with a value of just under US$1 billion compared to June, reaching US$14.3 billion, according to International Energy Association (IEA) calculations. This is despite the European Union attempting to impose an oil cap on July 18, which proved ineffective as the oil export revenue growth was driven

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Russian Shrimp Imports From Ecuador Up 15% To 14,000 Tonnes In Six Months

Agriculture, Imports, Latin America, Trade

Russia imported 14,000 tonnes of shrimp from Ecuador in H1 2025, up 15% compared to the same period last year, according to data from Ecuador’s National Aquaculture Chamber. The value of shipments rose 30%, reaching US$70 million. Russia’s share in Ecuador’s shrimp exports slightly increased, accounting for 4% in both volume and value terms. Russian

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The Non-Western Nexus: Can Delhi Anchor a Russia–Saudi–India Trilateral?

India, Middle East, Security

By Dr. Divya Malhotra As global alliances shift and Washington’s unpredictability vis-à-vis India grows, the time is apt for Delhi to quietly explore alternative partnerships that reflect emerging multipolar realities. A Russia–Saudi–India trilateral, anchored in energy, infrastructure, and soft power may be the next frontier in non-Western geopolitics of the Global South. As India’s National

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Eurasian Development Bank Puts Cost Of Building Eurasian Transport Network At US$234 Billion

Asia, Commonwealth of Independent States, Eurasian Economic Union, Finance, Infrastructure, Logistics & Transport

The Eurasian Development Bank (EDB) is promoting the fulfilment of a unified transport network in Eurasia, involving Russia, 12 additional countries, and 325 projects valued at US$234 billion. The EDB is jointly owned by Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan and is one of the most significant financial and economic integration projects of

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Uzbekistan: A Growing Destination of Choice

Asia, Investment, Russia's Belt & Road

Foreign tourist flow to Uzbekistan increased by 48.3% year-on-year in January-June 2025. The largest number of tourists arrived from Russia, the National Statistics Committee of Uzbekistan reports. First place went to Russia, with 166,600 tourists visiting Uzbekistan in the first half of 2025. Turkmenistan was in second place, sending 123,000 travelers to Uzbekistan in the

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RusTrans Shanghai – Wrangel Bay Shipping Services to Double

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Russia’s RusTrans Group marine container line has increased capacity for its service between Chinese ports and the Global Ports Far Eastern terminal (part of Russia’s Delo Group). The Global Ports Far Eastern Terminal is one of the largest terminals in the Russian Far East. It’s part of the Vostochnaya Stevedoring Company (VSC) and has a

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