MOSCOW TIME: 18.07.2018 16:01:01

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Russia Reduced Unwrought Nickel Export

In 2017 Russia exported unwrought nickel in the value of $1.38 bn, it is a 19% decrease compared to 2016. Thus Russia ranked only 3 rd in the world for export of this production. During the last decade Russia had been the world’s leader in unwrought ...

Modified: 19.07.2018
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Russiaís Trade Turnover Increases

In the first quarter of 2018 Russiaís trade turnover has grown by 22% compared to the same period of the last year and amounted to $157.6 bn. In the turnover structure Russia's export was almost twice as large at its import. Country’s export stood at $103.02 bn and increased ...

Modified: 18.07.2018
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Boeing plans to spend $27 bln on purchases in Russia in next 30 years

Boeing plans to spend a total of $27 bln in the next 30 years on direct purchases in Russia. "Out of $27 bln that we are planning to spend on direct purchases in Russia within the next 30 years, $18 bln accounts for titanium purchases," President of Boeing in Russia and the CIS Sergey Kravchenko said. Currently the company ...

Modified: 18.07.2018
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Russiaís Planting Potatoes Import Larger Than Export

According to the Federal Custom Service of Russia, in 2017 Russiaís import of planting potatoes amounted to $16.63 mln with the total weight of 27.8 thous. tn. The import volume was 4 times larger than the export one. In 2017 Russia’s import of planting potatoes increased both in terms ...

Modified: 17.07.2018
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Indian companies are welcome to participate in Rooppur project

Russia welcomes participation of Indian companies in the construction of the Rooppur nuclear power plant (NPP) in Bangladesh, First Deputy Director General for operations management of Russiaís state-run nuclear corporation Rosatom Alexander Lokshin said....

Modified: 16.07.2018
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Turnover between Russia and Hungary grew by 25% in Q1 2018

Trade turnover between Russia and Hungary for the first three months of 2018 grew by 25%. "Last year, the trade turnover grew by 25%, even slightly more, according to our data. This year it is also growing at the same rate in the first quarter," Russian President ...

Modified: 16.07.2018
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Moody's: Russian steelmakers' earnings to rise as GDP recovery fuels domestic steel demand

Moody's expects an upsurge in the earnings of Russian steelmakers on the back of the countryís economic uplift. "Recovering demand for steel in Russia on the back of GDP growth and declining mortgage rates will buoy steelmakers' earnings in 2018-2019," the raging agency said in a report ...

Modified: 13.07.2018
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Russiaís Turnover of Wheat For Planting

In 2017 Russiaís turnover of wheat for planting amounted to $8.6 mln. It should be noted that Russiaís wheat export was twice as large at its import. Russia imported wheat for planting in the value of $2.37 mln, while its export stood at $6.23 mln. The major ...

Modified: 13.07.2018
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Russiaís Export Geography for Unwrought Lead

In 2017 Russiaís unwrought lead export amounted to $272.5 mln that is 155 times as much as its import. From January to May, 2018 Russia has exported 42.6 thous. tn of unwrought lead worth $105.5 mln and thereby increased both export value and export volume ...

Modified: 13.07.2018
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China and Germany Became the Main Vitamins Suppliers to Russia in 2017

In 2017 Russiaís import of provitamins and vitamins (both natural and synthesized) stood at $177.5 mln and increased by 29% compared to 2016. In 2017 the value of Russia’s vitamins import was 33 times as much as its export value ($5.33 mln). Russia imported ...

Modified: 12.07.2018
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Russian Pets Eat Foreign Feed

In 2017 Russiaís import of dog and cat food prepackaged for retail sale was 3 times as much as its export. In 2017 pet food import in Russia stood at $289.3 mln and increased by 45% compared to 2016. Russia’s export of these products amounted to $80.2 ...

Modified: 12.07.2018
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Belgorod Region is Among Top 3 Wallpaper Exporters in Russia

In 2017 Belgorod Regionís export of wallpapers amounted to $1.25 mln. and was 4 times as much as compared to 2016. Belgorod Region ranked 3 rd in Russia for wallpaper export and accounted for 8.4% of national wallpaper export. Moscow Region (56%) and Moscow city (9.5%) ranked 1 st and 2 nd respectively. Belgorod Region exported wallpapers to Kazakhstan (29.3%), Uzbekistan (19.2%), Kyrgyzstan (9....

Modified: 12.07.2018
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Russia, Jamaica to sign deal extending visa-free stay for Russian nationals to 90 days

Russia and Jamaica are looking at signing an agreement to extend visa-free stay in Jamaica for Russian nationals from 30 to 90 days. A draft agreement to this effect was posted on the official website of legal information on Tuesday. The draft was approved ...

Modified: 11.07.2018
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Russian offshore zones on Russky, Oktyabrsky Islands to open in autumn

Russiaís special administrative regions, pegged as alternatives to foreign offshore zones, will be launched on Russky Island in the Far East and on Oktyabrsky Island in the Kaliningrad Region in September-October 2018. The investment inflow on the islands ...

Modified: 10.07.2018
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Russia, Egypt to organize industrial exhibition in Cairo in 2019

Russia and Egypt have signed a memorandum of intention to organize a global industrial and technological trade fair and a forum at the Cairo-based Egypt International Exhibition Center (EIEC) in October 2019. Russia will act as a partner country of the ...

Modified: 10.07.2018
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Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018

Russia will boost domestic consumption of aluminum by 300,000 tonnes this year. "We have about one million [tonnes of aluminum consumed in Russia in 2017 - TASS]. 300,000 tonnes will be added this year," Minister of Industry and Trade Denis ...

Modified: 10.07.2018
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Russia-Armenia Trade Turnover Gathers Speed

In the first quarter of 2018 Russia-Armenia trade turnover has amounted to $513 mln and increased by 38% compared to the same period of 2017. In 2017 the trade turnover of these countries stood at $1,71bn. As for the structure of the bilateral trade, Russia’s export to Armenia ...

Modified: 10.07.2018
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Russia, United Arab Emirates sign visa-free travel agreement

Russia and the United Arab Emirates (UAE) have agreed to abandon entry visas for each otherís nationals. A visa-free travel agreement was signed at a meeting of the intergovernmental commission in Kazan. Following the signing ceremony, Russian Minister ...

Modified: 09.07.2018
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China is the Top Importer of Russiaís Flour

In the first quarter of 2018 Russia has exported 63.3 thous. tn of flour (wheat and mixed rye-wheat) amounted to $16.59 mln, it is a 10% total value increase compared to the same period of 2017. The most exported wheat type is soft wheat and spelt flour accounted for 95.6% of all ...

Modified: 09.07.2018
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Russia-Vietnam Trade Turnover Increased by 15%

In the first quarter of 2018 Russia-Vietnam trade turnover has increased by 15% compared to the same period of the last year and stood at $1.14 bn. Russia’s import from Vietnam is 2.5 times as much as its export to Vietnam. In the first quarter of 2018 Russiaís export to ...

Modified: 09.07.2018
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Russia-Serbia Trade Turnover Grew by 20% in Q1 2018

In the first quarter of 2018 Russia-Serbia trade turnover has increased by 20% compared to the same period of the last year and stood at $554.18 mln. As for the structure of the bilateral trade, Russia’s import from Serbia exceeds its export to Serbia by 8%. In the first ...

Modified: 06.07.2018
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Russiaís Import of Beer Doubled

In 2017 Russia ranked 14th in the world for beer export. Russiaís beer export amounted to $195.14 mln, it is a 54% increase compared to 2016. In 2017 the top 5 suppliers of this beverage to Russia were: · Germany ($64.6 mln); ∑ the Czech Republic ($23....

Modified: 06.07.2018
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Russia-Kazakhstan Trade Turnover Structure

Russia is the main trade partner of the Republic of Kazakhstan. In 2017 the trade turnover of these countries increased by 21% compared to 2016 and amounted to $20.14 bn. The supplies from Russia outweigh in the Russia-Kazakhstan bilateral trade. Russia’s ...

Modified: 06.07.2018
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Russian Economy Ministry expects investments growth to decline in 2019

Equity investments growth are expected to decline from 3.5% in 2018 to 3.1% in 2019 with further acceleration to 7.6% in 2020. Investments are expected to grow by 6.9% in 2021 and will be at the level of 6.4% per year in 2022-2024. The† Russian Ministry of Economic Development †expects that Russia’s industrial production growth will be 2.5% in 2018, 2.1% in 2019, 2.6% in 2020, 2.9% in 2021, speeding up to the level above 3% in 2022-2024. The average ruble rate will be 60.8 rubles ...

Modified: 05.07.2018
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Russiaís Import of Tennis Rackets Get a Boost

Russiaís import of tennis rackets is 130 times as big as its export. For the first four months of this year Russia has imported tennis rackets to the value of $768.09 thous., it is a 62% increase compared to the same period of 2017. Russia imported ...

Modified: 05.07.2018
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Russia-Spain Trade Turnover Gathers Speed

In the first quarter of 2018 Russia-Spain trade turnover has increased by 14% compared to the same period of 2017 and amounted to $1.4 bn. During that period Russia’s export to Spain has risen by 11% compared to the same period of 2017 and stood at $658 mln. The main export ...

Modified: 05.07.2018
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Rosatom plans to broaden nuclear power plants construction overseas

Russiaís Rosatom intends to make contracts for construction of new nuclear power plants (NPP) in coming future, including Uzbekistan and Saudi Arabia. Rosatom currently holds 67% of nuclear power plants construction market, Chief Executive Officer of ...

Modified: 04.07.2018
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Azerbaijan in talks with Russia to increase electricity import

Azerbaijan started negotiations for increase of electricity import from Russia, head of the Public Relations Department of the Azerbaijanís energy company Azerenerji Yahya Babanli said. "Azerbaijan started talks to increase electric power import from Russia. Chief executive of Azerenerji Etibar Pirverdiev leads the ...

Modified: 04.07.2018
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Austriaís Doka to start building first plant in Russia in July

Austriaís Doka GmbH will initiate construction of its first formwork plant in Russiaís Lipetsk Special Economic Zone by the end of July, press secretary of Lipetsk SEZ Elena Syomina said. "Austria’s Doka GmbH will start building the plant in Lipetsk SEZ by the end of July. It will invest about $7.9 mln into the project....

Modified: 04.07.2018
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Russia Increases Fizz Exports

Russia exported sweetened mineral and carbonated drinks to $20.59m in January-April 2018 ó a 41% leap on last year. Almost a half of Russian fizz (45.1%) was imported by the parched Kazakhstan to a tune of $9.28m, followed by a cooler Belarus (11.4% ...

Modified: 03.07.2018
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Morocco Becomes Biggest Tomato Supplier to Russia in Q1 2018

Russia imported 154,000 tons of fresh tomatoes to $187.72m from more than 20 countries in the first quarter of 2018. The largest supplier was Morocco, which exported to $65.57m and accounted for 35% of the total. Other suppliers included China ($37....

Modified: 02.07.2018
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Russia Increases Imports of Sieves, Riddles

Russiaís imports of such simple domestic utensils as hand sieves and hand riddles increased by 14% in value terms and by 40% in physical terms in 2017, outstripping exports nine times. Russia’s imports of such simple domestic utensils as hand ...

Modified: 02.07.2018
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Russia ready to boost oil production by more than 200,000 bbl/day within OPEC+ deal

Russia is ready to boost oil production within the OPEC+ oil production capping deal by more than 200,000 barrels daily in order to increase the OPEC+ production growth to 1 mln barrels. Ministers of OPEC+ countries made a decision at their meeting on ...

Modified: 02.07.2018
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Russia Imports Wild Cherries

According to the Russian Federal Customs Serviceís official statistics, Russia imported 112.3 tons of wild cherries to $358,500 in the first four months of 2018 ó double on last year in physical terms. From January to March, Russia imported wild cherries from Chile, ...

Modified: 28.06.2018
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France and Russia believe in successful future of nuclear sector

Russia and France are successfully cooperating in the nuclear sector and are convinced it has good perspectives globally, CEO of Russiaís state nuclear corporation Rosatom Alexei Likhachev, said in an interview with Franceís Le Figaro. "We maintain ...

Modified: 28.06.2018
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Russia's economic growth will reach 2.1% by year end

Growth of the Russian economy in 2018 will reach 2.1%, real wages will grow by 6.3%, First Deputy Prime Minister Finance Minister Anton Siluanov said. "We see that inflation is falling compared to the planned figures. We planned 4%, in the draft amendments, in ...

Modified: 27.06.2018
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Russian and Japanese lawmakers sign memorandum of understanding

Russian and Japanese lawmakers signed a memorandum of understanding aimed at expanding cooperation between the two countries. "This is the first memorandum in the history of our common work," Chairman of the Federation Council Foreign Affairs ...

Modified: 27.06.2018
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Projects worth over $1 bln can be implemented with South Korea in Russian Far East

Projects worth over $1 bln can be implemented in the Russian Far East together with South Korea, Russian Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yury Trutnev said on Friday at the Russian-Korean business forum. "Following the Day of the Korean ...

Modified: 27.06.2018
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Russian-Azerbaijani trade turnover grows more than 30% over past year

Trade turnover between Russia and Azerbaijan grew more than 30% over the past year. The flow of Russian tourists has reached 850,000 and it significantly rose, the growth was 18% compared with the previous years. For Russia, Azerbaijan is a strategic partner and this predetermines ...

Modified: 26.06.2018
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Russiaís exports to India up by 40% in January-April 2018

Russiaís exports to India increased by 40.1% in January-April 2018 on the same period last year, to reach nearly 2.2 billion US dollars. The most dramatic growth, of more than 600%, was reported in the sector of leguminous crops, with exports up from ...

Modified: 25.06.2018
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Russia to Export Interactive Robots to US

Promobot, a Perm, Urals, based robotics developer, signed a contract for the supply of 2,800 interactive robots for Intellitronix, a US company which will be Promobotís exclusive distributor in North America. The exclusive license will cost Intellitronix $600,000. The US company will pay Promobot $56,7m for 2,800 units over the next five years. Promobot will supply its first 75 robtos before the end of the year, and increase the exports to 100 units per month by 2022. Promobot’s robots can...

Modified: 25.06.2018
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South Korea, Russia, North Korea may implement big trilateral projects ó Moon Jae-in

Seoul, Moscow and Pyongyang may implement a number of big trilateral infrastructure and energy projects in case peace is established in the region, South Korean President Moon Jae-in said. "Russia and South Korea have huge potential as far as economic, humanitarian and cultural exchanges go," Moon Jae-in said. "The potential has not been exhausted yet. We can involve North Korea in cooperation after permanent peace is established ...

Modified: 21.06.2018
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Russian government might allocate $5.14 bln to support oil companies

The Russian government is discussing the possibility of introducing a refundable excise tax on oil with an increasing coefficient for oil plants located far from export markets - in the Volga region, the Urals and Siberia. For these purposes, it is planned ...

Modified: 21.06.2018
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Russia and Saudi Arabia plan to invest $2 billion in technology projects

The Russian Direct Investment Fund (RDIF) together with partners from Saudi Arabia intend to invest $2 bln in technology projects in 2019, head of RDIF Kirill Dmitriev said. "Partners of RDIF from Saudi Arabia have already allocated $10 bln and invested ...

Modified: 19.06.2018
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Russian entrepreneurs plan to raise export to China by exploring new regions

Russian business aims to expand the zone of realization of goods in China, not settling for the traditional area of marketing in its northern and northeastern parts. "So far, we have been able to increase the turnover of goods in the places where ...

Modified: 19.06.2018
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Russia ratifies strategic partnership agreement with Turkmenistan

The State Duma of Russia adopted the law on ratification of the agreement between Russia and Turkmenistan on strategic partnership. The agreement envisages that the relations of strategic partnership between the two countries will be based on the principles of mutual ...

Modified: 18.06.2018
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Russia, Saudi Arabia agree on termless extension of OPEC+ deal ó energy minister

Russia and Saudi Arabia have agreed a termless extension of the OPEC+ deal at the Moscow meeting, Russiaís Energy Minister Alexander Novak said Saturday, adding that the agreement stipulates output regulation at any moment. "I would like to point ...

Modified: 18.06.2018
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Bolivia interested in purchasing gas-fueled cars from Russia

Bolivia is interested in purchasing gas-fueled cars from Russia and is currently assessing proposals it has received, said the countryís President Evo Morales, who made a visit to Moscow on June 13-15. "Bolivia is interested in purchasing gas-fueled cars from Russia. During the recent visit, we received ...

Modified: 18.06.2018
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Russia, China sign agreement establishing investment fundís management company

Russia and China have signed an agreement on establishing a management company of a five bln yuan ($781 mln) investment fund at the Russian-Chinese Forum on Inter-Regional Cooperation in Chinaís Harbin. The project is being implemented with the support ...

Modified: 18.06.2018
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Azerbaijan invested over $1B in Russiaís economy

Azerbaijanís total investments in Russia exceed $1 billion, Azerbaijani Economy Minister Shahin Mustafayev said at the opening ceremony of Azerbaijanís business center in Russiaís Astrakhan city. He said that Russian investments in Azerbaijan’s economy reached $4 billion. “Russia ...

Modified: 18.06.2018
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NEWS


18.07.2018 Import of Second Hand Clothes from Europe Grew by 27%

In 2017 Russia imported worn clothing and other worn textile articles with a total weight of 45 thous. tn and a total value of $149 mln.

18.07.2018 Russiaís Trade Turnover Increases

In the first quarter of 2018 Russiaís trade turnover has grown by 22% compared to the same period of the last year and amounted to $157.6 bn.

18.07.2018 Qatar Airways to formalize Vnukovo airport stake purchase after due diligence

Qatar Airways will initiate the process of formalizing the acquisition of a 25% stake in Moscowís Vnukovo Airport once it wraps up due diligence.

EVENTS


06.06.2019 00:38:00 St. Petersburg International Economic Forum 2019

June 6-8, 2019 Russia (St.Petersburg)

21.11.2018 00:25:00 UZPRODTECHEXPO-2018

November 21-23, 2018 Tashkent (Uzbekistan)

31.10.2018 00:05:00 UZENERGYEXPO-2018

October 31 Ė November 2, 2018 Tashkent (Uzbekistan)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

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