Gazprom Bound for Major Losses From Lost Export Revenues
Russia’s energy giant Gazprom predicts that the volume of pipeline gas exports will significantly decline compared with last year, Head...
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VTB Sells Half of Grain Business to Two Russian Companies
Russia’s second-largest bank VTB has sold half its Russian grain business, consolidated in Demetra Holding, to two Russian firms for...
Vedomosti Sale Put on Hold After Censorship Backlash
The sale of Russia’s top business newspaper Vedomosti has been postponed as the paper struggles to maintain independence under its...
Sibur Sends Two LPG Cargoes to India: Report
Russia’s largest petrochemical company Sibur will supply two cargoes of liquefied petroleum gas (LPG) to India in May for the...
Illegal Ventilator Smugglers Arrested Near Moscow
A group suspected of attempting to sell 100 counterfeit ventilators used to treat coronavirus patients have been detained after an...
Consumer Demand in Russia to Drop by 10-15%, Business Ombudsman Expects
Russia’s Business Ombudsman Boris Titov said during an online conference on Wednesday he expects consumer demand in Russia to decline...