Online Retailer Ulmart Goes Bankrupt after Shareholder Dispute
Russian e-commerce store Ulmart has filed for bankruptcy after legal problems for the company’s owner led to his arrest, East-West...
Economy
Headhunter Reports Higher Revenue in Q4 2019
Russian job board HeadHunter Group said on Friday that its revenue in 2019 reached 2.06 billion rubles ($28.5 million) for...
MTS Reports Growth in Moscow Customer Base
Russian biggest telecommunications operator MTS said in a statement Thursday that its share of the Moscow Pay-TV market grew to...
Russia’s Richest Lost $15bn in This Week’s Market Crash
The global market crash on Monday which followed the launch of a price war between Russia and Saudi Arabia cost...
Russian Athletics Federation Fined $10mn by Global Governing Body
The Russian Athletics Federation (RusAF) has been fined $10 million by the World Athletics Council for breaching the sport’s anti-doping...
Leading Business Newspaper Vedomosti Sold to Politically Entangled Businessmen: Report
The owner of Vedomosti, one of Russia’s most prominent business newspapers, media manager Demyan Kudryavtsev and his partners, have found...