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Business |  Technology |  28.10.20

VTB Customers Doubled Payments via QR Codes

The volume of payments made by VTB bank customers via QR codes in September doubled compared to August 2020, and the number of transactions increased by 63 per cent, om1 reports. Currently, VTB is servicing over 1,100 companies that use the technology of accepting payments using QR codes. The growing popularity of the technology is

Business |  Trading |  28.10.20

Experts Noted Growth in Purchases for Standard Documentation

The number of purchases based on standard documentation has grown 25 times in five years. Over the past years, 258 sets of standard procurement documentation have been standardized in Moscow, so the city conducts two-thirds of state purchases according to standard procedures.  According to the Deputy Mayor of Moscow for Economic Policy and Property and

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 |  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

Business |  Trip Advisory |  20.10.20

Experts Named Most Popular Smartphones in Russia

Huawei’s subsidiary Honor has lost second place in the ranking of the most popular smartphones among Russians, Vedomosti reported. According to experts, another Chinese company Xiaomi has pushed the corporation. The first place in gadget sales in September 2020 was taken by the South Korean brand Samsung.  It is specified that the increase in demand

Business |  Trading |  20.10.20

Russian Children’s Retail Chain Launched Own Marketplace

The ‘Detsky Mir’ (“Children’s World”) group of companies which is the largest Russian retailer of children’s goods, is launching its own marketplace for all categories of goods, PRIME reports.   It is noted that the ‘Detsky Mir’ retailer operated 810 stores at the end of September 2020. Free float is 100 per cent of the company’s

Business |  Industry |  20.10.20

Experts Named Cargo Turnover in St. Petersburg Port

The cargo turnover of the Big Port of St. Petersburg in January-September 2020 decreased by 2 per cent compared to the same indicators of the last year, PRIME reports. Including transshipment of oil products increased by 16 per cent and container cargo decreased by 4 per cent.   The Big Port of St. Petersburg is the

Business |  Trading |  19.10.20

Demand for Repair Goods in Russia Showed 10 Times Increase

In the first two weeks of October 2020, the sales of home improvement and renovation products rose 3.2 times over the same period last year. The most dynamic growth in demand was for construction tools (10.5 times) and plumbing (5 times), according to the study of the Wildberries online retailer, KazanFirst reports.  The high dynamics

Business |  Trading |  19.10.20

New Electric Cars Sales in Russia Increased Several Times

The market of new electric cars in Russia continued to grow in September 2020 for the third month in a row, having increased four times compared to the same period last year, PRIME reports with reference to the analytical agency Avtostat. Moscow became the leader with 26 electric cars sold there. The top 5 also

Business |  Trading |  18.10.20

New Cafes and Grocery Stores Opened in Novosibirsk

A quarter of all new companies opened in Novosibirsk fall into two categories, namely, restaurant business (over 13 per cent) and grocery retail (over 11 per cent). This follows from the study based on an analysis of data from new small and medium-sized businesses in Novosibirsk that worked with MTS Kassa in September 2020,