Latest News

Showing 10 of 450 articles
  • by

    Russia to Simplify Customs Process for Fish and Bioresources

    Aug. 27 – The customs registration for all fish and bioresources caught by Russian vessels in all fishing territories including the Far East will be canceled, Prime Minister Vladimir Putin promised during a meeting in Petropavlovsk-Kamchatky. “It is unfair, when someone who is fishing in customs territory of the Russian Federation has to pay a[…..]

  • by

    Russia to Build Uranium Enrichment Plant in U.S.

    Aug. 26 – Moscow is in negotiations with Washington over building a uranium enrichment plant on U.S. territory, the chief executive of Russia’s atomic state-run corporation Rosatom said in an interview with the Financial Times on Wednesday. According to Sergei Kirienko, the project would start only after the U.S. Congress approved Agreement No. 123 on[…..]

  • by

    Drought Hurts Russian Economy

    Aug. 25 – Russia’s worst drought in half a century cost the economy at least 0.4 percentage points this year, Deputy Economic Development and Trade Minister Andrei Klepach said yesterday. “I think drought influence can be estimated at 0.4 to 0.5 percentage points of gross national product. This is what we have for now, but[…..]

  • by

    Russia to Simplify Visa Regulations for Foreign Experts

    Aug. 24 – The government has issued a decree allowing foreign specialists who want to work in Skolkovo high-tech business center to obtain business visas for 30 days during the negotiation process with employers, Russian media reports. According to the document, the highly skilled expert status grants the right to receive a working visa for[…..]

  • by

    U.S. Groupon Expanding to Russia

    Aug. 20 – The Chicago-based online coupon provider Groupon Inc. said Wednesday that it was purchasing a controlling stakes in Russia’s Darberry and Japan’s Qpod as part of its international expansion. Terms of the deals were not disclosed. Launched in 2008, fast-growing privately held web company Groupon combines social media with collective buying clout to[…..]

  • by

    Belarus Meets Difficulties Due to Russian Oil and Gas Price Increase

    Aug. 19 – The Belarusian economy has been badly affected by the rise in Russian oil and gas prices, National Statistics Committee Belstat reports. In the first half of the year, oil imports from Russia declined 49.8 percent to 6.47 million tons and oil product imports have dropped more than 70 percent to 525,400 tons.[…..]

  • by

    Russia Moves to Simplify Customs Procedures

    Aug. 18 – Customs administration became the main theme of an investment climate session held by Russian President Dmitry Medvedev in the city of Sochi yesterday. “The customs border costs are unpredictable and discourage investors from opening new production facilities in Russia,” said President Medvedev. “Such cases do happen.”

  • by

    Number of Internet Users Increasing in Russia

    Aug. 17 – More than 43 million people in Russia log onto the internet monthly and, according to a survey conducted by National Network Domain Coordination Centre (NNDCC), “almost half the users will not refuse internet even if they don’t have enough money for food or clothes.” The number of weekly internet users is Russia[…..]

  • by

    Foreign Investors May Participate in Trebs and Titov Auction

    Aug. 12 – Russia’s official government web site has published conditions under which a license to the strategic Trebs and Titov oil and gas fields in the Arctic north will be put up for auction. According to the document, 15 percent of oil extracted from the strategic deposits will be sold out at the Russian[…..]

  • by

    Russian Government to Reduce Risks for Leasing Companies

    Aug. 10 – The Ministry of Economic Development and Trade (MEDT) has prepared a bill that will reduce risks for leasing companies, but experts do not believe that it is enough to stimulate recovery in the leasing market. The leasing market in Russia has been brought down during the crisis. In 2008, the market volume[…..]

Showing 10 of 450 articles