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Russia Offered EU Transfer Blocked Fertilizers for Free to Countries in Need, But No Response

Russian President, Vladimir Putin, called the EU’s refusal to respond to Russia’s proposal to transfer free Russian fertilizers from European ports to developing countries free of charge cynical.  “The height of cynicism is that even our offer for free, I want to emphasize this, to transfer 300,000 [tonnes] of Russian fertilizers blocked in European ports

Business |  Trading |  01.09.22

Russian Official Named Main Sales Markets of Country’s Gold  

The Middle East, India, and Asia can become the three main markets for Russian gold, the Head of the Ministry of Regional Development, Alexei Chekunkov, said in an interview with RIA Novosti.  According to the Minister, there is a high demand for Russian gold, which remains the keeper of values in international financial circulation for

Business |  Trading |  25.08.22

Lada Cars Became Most Popular Among Muscovites

Cars of the domestic Lada brand turned out to be the most popular among the residents of the Russian capital, according to the AUTOSTAT analytical agency.   “At the end of July, new Lada passenger cars were purchased in Moscow, with a circulation of 684 cars. Lada Vesta became the most popular car in the model

Russia Topped Oil Supplies to China

Russia has become the leader in oil supplies to China. Imports in May increased by 55 per cent compared to a year earlier, as it was reported on Wednesday, July 6, by Reuters with reference to the shipping analytical companies Vortexa, Kpler and Refinitiv. Thus, the import of Russian oil in May reached almost 8.42

Business |  Trading |  31.05.22

Quotas for Nitrogen Fertilizers Export From Russia Extended Till 2023

The Government of the Russian Federation has extended quotas for the export of nitrogen and complex nitrogen-containing fertilizers. The signing of the relevant resolution was announced by the press service of the Cabinet of Ministers.  For nitrogen fertilizers, the quota will be about 8.3 million tonnes, for complex fertilizers, a little more than 5.9 million

Business |  Trading |  30.05.22

Russia Introduces Quotas for Ferrous Scrap Export

The Government of the Russian Federation from June 1 to July 31 introduces tariff quotas for the export of scrap and waste of ferrous metals. This was announced by the press service of the Cabinet of Ministers on Monday, May 30, 2022.  In 2021, the Cabinet of Ministers of Russia, against the background of rising

Business |  Trading |  30.05.22

Adidas and Puma Plan to Stay in Russian Market

German manufacturers of sporting goods, Adidas and Puma, which have suspended their work in Russia, have accepted the applications from Russian retailers for the 2023 collection, as reported by Izvestia, citing an informed source.   According to Izvestia, the above-mentioned brands have closed all single-brand stores in the country, but continue to ship new products to

Business |  Trading |  30.05.22

Kherson Region Starts Exporting Grain to Russia

The export of grain of the last harvest has begun from the Kherson region to Russia, as said by the Deputy Head of the Military-Civil Administration of the region, Kirill Stremousov, on Monday, May 30, 2022.  “There is a place to put [the new crop], although, of course, a lot of grain is here. Now

Business |  Trading |  26.05.22

Iran Expressed Readiness to Supply Goods to Russia

Iran is ready to saturate the Russian market with the necessary goods, from building materials to high-tech products, as said by the Head of the Russian Export Center Veronika Nikishina.   “The Iranian partners are ready to negotiate with Russian entrepreneurs and supply a lot of their goods — from construction and finishing materials to serious

Business |  Trading |  06.05.22

Russia Included Over 50 Car Brands in Parallel Imports List

The list of goods for parallel import to Russia includes products of more than 50 foreign automobile brands, the largest manufacturers of tires and components for the automotive industry, which follows from the order of the Ministry of Industry and Trade published on the official portal of legal information.  In particular, the list includes the

Business |  Trading |  06.05.22

Demand for Land Plots in Russia Increased by More Than 10%

Demand for land plots in Russia in the first quarter of 2022 increased by 12 per cent, as Izvestia learned from analysts of the real estate search service Avito Real Estate.  According to experts, the growth of the popularity of land in garden non-profit partnerships (SNT) and suburban non-profit partnerships (DNP) is especially noticeable. So,

Business |  Trading |  29.04.22

Foreign Pharmaceutical Manufacturers Decided to Keep Supplying Medicines to Russia

No foreign drug manufacturer has refused to supply drugs to Russia, according to the press service of the Federal Service for Healthcare Supervision (Roszdravnadzor) on Thursday, April 28, 2022.  “The largest distributors of the country assured that as of April 27, 2022, none of the foreign manufacturers announced the termination of the supply of pharmaceuticals