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Business |  Trading |  20.10.21

Russian Experts Named Best-Selling Chinese Cars

The Chery Tiggo 7 PRO crossover became the bestseller among Chinese brand cars on the Russian market. From January to September of this year, this model was sold in the amount of 10,022 vehicles. The cost for the car is at least 1,669,900 rubles (with a 1.5-litre gasoline engine with a capacity of 147 hp). 

Business |  Trading |  19.10.21

Statistics: Russians Increased Purchases of Coffee and Cheese

According to a study conducted by the Russian Standard Bank, the largest number of the country’s residents spend money in the period from January to September 2021 mostly on bread and milk (as for food products). The leaders in general spending became food, hygiene products, goods for children and purchases at gas stations.  Bread, milk,

Business |  Trading |  18.10.21

Russia Increased Premium Cars Sales by More Than 22%

According to the AUTOSTAT analytical agency, 125.3 thousand new premium segment cars were sold in Russia in the period from January to September 2021, which is 22.9 per cent more than in the first 9 months of last year.   It is noted that more than half of the specified volume of the sold cars (55

Trading |  12.10.21

Russia Suspended Chinese Products Import After Serious Violations Were Found

Specialists of the Federal Service for Consumer Rights Protection (Rospotrebnadzor) found banned components in Chinese food products, which caused the decision to suspend the import of these goods.   As specified by the press service of the federal experts’ agency, the import of Chinese freeze-dried noodles, corn chips, corn noodles, eggs with chocolate cream dessert, cookies

Business |  Trading |  11.10.21

AliExpress Reportedly Increased Sales of Goods From Russia

In the first half of the 2021 fiscal year, which ended on September 30, the turnover of AliExpress Russia increased by 36 per cent year-on-year, to 133.3 billion rubles, according to the company’s press service. Sales of goods from local sellers increased by 126 per cent with the turnover in this segment amounted to at

Trading |  11.10.21

Indian Tea Producers Dream to Get Back Russian Customers  

The producers of the famous Indian tea in the Darjeeling district expressed their wish to get back Russian buyers, according to the Senior Adviser of the Darjeeling Tea Association Sandeep Mukherjee.   “We would like Russia to become our main customer again, an importer of tea. We would prefer Russia to our domestic market,” Mukherjee stated.

Business |  Trading |  14.09.21

Russian Diamond Mining Company Increased Sales Almost by 50%

The Russian diamond mining company “Alrosa” sold $297 million worth of diamonds in August 2021, and $10 million worth of brilliants, TASS reports. Compared to the indicator of August 2020, the company increased sales of diamonds by 47 per cent, while brilliants decreased by 31.5 per cent.    At the same time, in August 2021,

Insight |  Trading |  10.09.21

Experts Named Moscow Streets With Most Expensive Housing

The first place in the rating of Moscow streets with the most expensive offer of flats (both, secondary and primary markets) is occupied by the Ordynsky Dead End. The average price of 1 sq. m. there is 2.96 million rubles, and only one lot is on sale on the secondary market in the Barkli Gallery

Business |  Trading |  09.09.21

Wildberries Tripled Number of New Sellers

The number of new entrepreneurs on the Wildberries online platform for January-August 2021 was three times higher than for the whole of 2020, TASS reports with reference to the press service of the company.     In the eight months of 2021, more than 207 thousand entrepreneurs started selling their goods on Wildberries international online shopping

Business |  Trading |  07.09.21

Russia Showed Rapid Increase of Sweets and Soda Exports

The export of ice cream from Russia in the first half of 2021 increased by 38 per cent compared to last year and amounted to $47 million, TASS reports with reference to the press service of the Rosselkhozbank. In turn, Russian chocolate appeared in the top ten most exported product categories for the first six

Industry |  06.09.21

Gazprom Increases Production After Surge in Gas Exports

The “Gazprom” Russian energy company has increased the output of natural gas by nearly 18 per cent in the first eight months of the current year, compared to the same period a year ago, RT reports. According to the company’s representative, the output totalled 337.2 billion cubic metres, marking a year-on-year growth of 17.9 per

Business |  Technology |  02.09.21

Hermitage Started Selling NFT on Binance Marketplace

The State Hermitage Museum has launched the sale of its digital works from a limited collection using NFT technology, the portal of financial information reports with reference to the Binance blockchain ecosystem marketplace.   “The State Hermitage Museum and Binance NFT, the marketplace of the leading international blockchain ecosystem Binance, announce the start of sales of