India, Russia Ink Rail Transport Agreement
India and Russia will use the International North-South Transport Corridor for movement of goods, reducing transport time by half, The Indian Express reports. Within three …
No IPO in Sight for Sibur as Revenue Goes Down in 2019
The CEO of Sibur, Russia’s leading petrochemical company, told bneIntellinews+ that the giant won’t hold its highly anticipated IPO this year, or even next year, …
No IPO in Sight for Sibur as Revenue Goes Down in 2019 Read More »
Aging Railway System Hampers Russia’s Trade with China: Report
Because of the Russian government’s failure to invest in the maintenance and development of the country’s long-haul railway network, Beijing is increasingly skeptical that Russia …
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Russia to Build 120-km Highway to Crimea for $1.5bn
Russia plans a $1.5 billion (100 billion rubles) highway to Crimea, in a bid to dramatically cut journey times and develop tourism on the peninsula it annexed …
Russia to Build 120-km Highway to Crimea for $1.5bn Read More »
Greenhouses Are Russian Agriculture’s Most Profitable Sector, Study Shows
A recent analysis by the Russian Agricultural Bank has shown that greenhouses are the most profitable part of Russia’s agriculture sector, Hortidaily.com reports. The business sector …
Greenhouses Are Russian Agriculture’s Most Profitable Sector, Study Shows Read More »
VEB.RF, RT-Invest, and Hitachi Zosen Inova Sign Agreement for Waste-to-Energy Plants
At the beginning of this month, Russia’s national development corporation VEB.RF, RT-Invest, and the Swiss-Japanese consortium Hitachi Zosen Inova signed an agreement to build four …
VEB.RF, RT-Invest, and Hitachi Zosen Inova Sign Agreement for Waste-to-Energy Plants Read More »
Higher Incomes Drive Russian Consumer Demand up in January
As real disposable incomes in Russia begin to rise again, consumer demand recorded strong growth in January, bne Intellinews reports. The Russian economy’s consumer segment …
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Billionaire Potanin Launches Blockchain Platform
Russian billionaire Vladimir Potanin, one of the country’s richest people, has introduced his long-awaited blockhain platforms, to be used by his business conglomerate, Forbes Russia …
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Russian Sugar Factories Struggle amid Declining Prices
Three sugar mills in Russia with the total capacity of 150,000 tons announced they will close in the period August 2020-July 2021 due to low …
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Kremlin: Future Steps in OPEC+ Alliance Still Undecided
Russia continues to consult with its partners on the OPEC+ deal, and no decisions have been made so far, Russian Presidential Spokesman Dmitry Peskov told …
Kremlin: Future Steps in OPEC+ Alliance Still Undecided Read More »