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Business |  Technology |  26.10.20

Russian Scientists Created Import-Substituting Power Supplies Prototypes

Specialists of the Academician Bochvar High-Technology Research Institute of Inorganic Materials which is a part of the Rosatom State Corporation, have created prototypes of import-substituting power supplies for space and aviation, VM.ru reports with reference to the publication of ‘Strana Rosatom’.   It is stated that there are no analogues of this development on the Russian

Business |  Technology |  26.10.20

Yandex First Time Published Report at Government Request

Yandex for the first time published a report with data on Russian users, satisfying the request of government agencies. The document includes information about users for the second half of 2019 and the first half of 2020.  According to the information provided, from January to June 2020, the company received 15,376 requests, 2,468 of which

Business |  Trading |  26.10.20

Ural Christmas Tree Toys to Be Sold for 250,000 Rubles

A collection of Soviet Christmas tree decorations was put up for sale in the Urals. The cost of the toys can now reach hundreds of thousands of rubles, chelTV reports. This was found out when a resident of Chelyabinsk put up for sale a collection for 250 thousand on the ad website.   There are several

Business |  Trading |  23.10.20

New iPhone 12 and 12 Pro Sales Started in Russia

The sales of the new iPhone 12 and 12 Pro have started in Russia. This time, the queue has only four people due to the coronavirus pandemic, RIA News reports.   On October 13, Apple presented the new iPhone 12. The lineup also includes two other smartphones, iPhone 12 mini and iPhone 12 Pro Max. The

Business |  Economics |  22.10.20

Russians Told About Daily Expenses During Pandemic

The analysts at the Romir research holding stated that the demand for everyday goods exceeded the indicators of the previous three years. Most of the expenses of Russians were made in February, March, and May-August, KazanFirst reports.  According to the research, most expenses increased in March (+22 percentage points), compared to the 2012 baseline. In

Business |  Economics |  22.10.20

Largest Credit Rating Agency in Russia Affirmed Otkritie Bank Rating

The Expert RA largest credit rating agency accredited by the Bank of Russia announced that it has affirmed the credit rating of Otkritie Bank at ruAA- with a positive outlook. The bank’s rating is approved due to a moderately high assessment of market positions, a comfortable capital position with acceptable operating efficiency, adequate liquidity cushion,

Business |  Technology |  22.10.20

Russian Bank Launched Online Registration of Real Estate Transactions

Using online registration of real estate transactions, borrowers can register ownership without visiting the government institutions. Bank managers will draw up an application online and send the necessary package of documents online.  In the case of electronic registration of property rights, customers sign the purchase agreement and the loan agreement using an enhanced qualified electronic

Business |  Economics |  21.10.20

Russians Told About Planning Expenses on New Year Holidays

In the coming New Year holidays, many Russians intend to reduce their expenses on the festive table, according to the results of a survey conducted by Otkrytie Bank, TASS reports.   It is specified that 24 per cent of survey participants are going to save more money and reduce their expenses on the New Year’s table,

Business |  Economics |  21.10.20

Russian Authorities Proposed Introduction of Tax Deduction for Sportsmen

The Government Commission on Drafting Legislative Activities has considered the amendments that relate to the tax deduction for the costs of sports and recreation services. A similar proposal was made by the Russian Ministry of Finance, Interfax reports.  Currently, social tax deductions are provided to those who spend money on buying medicines, pay for education,

Business |  Trading |  20.10.20

Russians Started Buying Home Appliances More Often

Researchers recorded an increase in demand for large and small household appliances in September-October 2020. The indicator increased by 51 per cent compared to the same period last year, Kazan reports.   It is specified that this autumn, the demand for vacuum cleaners has grown by 67 per cent compared to last year, the demand for