Russia Set to Update List of ‘Systemically Important’ Companies
As the coronavirus outbreak has practically halted a major part of economic activity in Russia, the country’s Ministry of Economic Development has updated...
Economy
Russian Grocers Feel Impact of COVID-19 Lockdown
The lockdown imposed over the coronavirus outbreak has caused a significant drop in customer traffic at Russian grocery stores, Vedomosti...
Half of Russia’s Companies Had to Cut Wages, Optimize Due to Pandemic
In the days since a non-working holiday was declared in Russia due to the spread of the coronavirus, around half...
Titov: More Than 90% of Russian Businesses Feeling Coronavirus Crisis
More than of 90% entrepreneurs have been affected by the crisis caused by the coronavirus pandemic and oil price downturn,...
EBRD Backs Russian Company after almost 6 Years
The European Bank of Reconstruction and Development (EBRD) has said it had provided finances to a Russian company under its...
Banks in Russia Ask to Buy More Gold with Coronavirus Hitting Exports
Russian banks have asked the central bank to resume buying gold for its reserves with exports of the precious metal...