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Lancome and Yves Saint Laurent Coming Back to Russia

The Ministry of Industry and Trade of the Russian Federation has banned the parallel import of perfumes and cosmetics of the Lancome, Redken, Yves Saint Laurent, Giorgio Armani, and Kerastase brands, as they are ready to resume deliveries to Russia, according to the Ministry’s press service.   “Yes, these brands are included in the exceptions, and,

Russia Became Largest Oil Supplier to India

In October, Russia became the largest supplier of oil to India, overtaking the traditional leaders in this indicator, Saudi Arabia and Iraq, as specialists of the industry analytical company Vortexa stated.  “In October, Russia supplied India with 946 thousand barrels of oil per day, which is the highest figure for the month, or 22 per

Business |  Trading |  28.10.22

Certified PlayStation 5 Appeared on Russian Marketplaces 

Sony PlayStation 5 game consoles certified by Rostest (the largest organization of practical metrology and certification in the Russian Federation) began to be sold on Russian marketplaces Ozon, Wildberries, and Yandex Market.   The press service of Yandex Market reported that Sony PlayStation 5 can be found in different versions, consoles are consistently in high demand

Business |  Trading |  28.10.22

Experts Named Russian Regions With Lowest Prices for Used Cars

The regions of Russia where it is most profitable to buy popular used cars have become known to the experts of the portal. They shared the results of their study with the Russian newspaper “Izvestia”.   Analysts of the portal studied the database of ads for sales of popular five-year-old models of used cars

Business |  Trading |  26.10.22

Mercedes to Sell Shares in Russia to Avtodom Dealer

The German automaker Mercedes-Benz has announced the withdrawal from Russia and the sale of shares in local subsidiaries, including an automobile plant in the Moscow region, to the Avtodom dealer holding. This was reported by the Russian representative office of the concern.  In particular, the shares in Mercedes-Benz RUS JSC, Mercedes-Benz Manufacturing Rus LLC (a

EU Countries Increased Russian Goods Imports

Six countries of the EU increased exports of goods to Russia in annual terms this July, while imports of Russian goods were increased by 16 EU states at once, which follows from RIA Novosti calculations based on data from national statistical agencies.  It is noted that some countries have increased their import of goods from

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