Tag growth
Economics | Business  | 24.12.21

Forbes Included Russian Companies in Promising Startups Rating

Startups of ten Russian projects from different industries were included in the rating of future “unicorns” (promising startups) according to Forbes magazine. In January, the HR-tech startup of Arseniy Vershinin, Personio, raised $125 million from Index Ventures and Meritech Capital Partners at an estimated $1.7 billion.  In September, the “unicorn” became the inDriver taxi service,

Economics | Business  | 21.12.21

RBC Rating: 50 Fastest Growing Companies in Russia

RBC specialists have compiled an annual rating of the fastest-growing companies in Russia in 2021. To get into it, a company must show annual growth of at least 20 per cent for three years. Interestingly, among the fastest-growing companies were not only relatively young projects but also Norilsk Nickel (Nornickel) and Yandex, which have long

Economics | Business  | 19.08.21

Japanese Press: Russian Economy Bravely Stands COVID-19 Crisis

The Russian economy is developing rapidly, but there are still reasons for concern, says the Moscow office Director-General of the Japan External Trade organization, Tetsuya Umetsu, in the article to Japanese magazine JB Press, InoSMI reported.  In the opinion of Umetsu, the decision of Russian authorities not to stop industrial production in many regions helped

Economics | Business  | 29.07.21

Russians’ Incomes Grew by Almost 7%

The real available income of Russians (excluding mandatory payments and adjusting for inflation) in the Q2 of 2021 increased by 6.8 per cent compared to the same period last year, TASS reports with reference to the data provided by the Federal Statistics Service (Rosstat). In turn, the growth by the Q1 of 2021 amounted to

Insight | Around Russia  | 15.05.21

Russians Study Hard to Get Job Promotion

Every third Russian believes that in order to receive a high salary he needs to constantly improve his skills, which follows from the results of an open survey conducted by specialists from the SuperJob job search service.  According to the study results, Russians believe that in order to earn more money, in addition to looking

Trading | Business  | 05.04.21

Wildberries Turnover Grew by Almost 80%

The turnover of the largest Russian Internet retailer, Wildberries, from January to March 2021 increased by 79 per cent compared to the same period in 2020 and reached 134.7 billion rubles, TASS reports.  It is noted that the number of orders in the first quarter of 2021 increased by 108 per cent, to 126.5 million

Business | Industry  | 12.03.21

Housing Allowed for Construction Volume Increased in Russia by 18%

The volume of housing in Russia for which building permits were issued in January-February 2021, reached almost 3.6 million square metres, which is 18 per cent more than a year earlier, TASS reports with reference to the Deputy Prime Minister of the Russian Federation Marat Khusnullin.  In general, 4.8 thousand permits for the construction of

Insight | Around Russia  | 19.02.21

Experts Named Top Russian Regions in Socio-Economic Growth

In the ranking of the best Russian regions in terms of socio-economic growth at the end of 2020, the Yamalo-Nenets Autonomous Okrug became the leader, according to the Civil Society Development Foundation.  It is noted that when creating the list, experts studied such indicators as the average monthly wage, the subsistence minimum, as well as

Trading | Business  | 10.02.21

Russian Secondary Car Market Showed Growth in 2020

Two-thirds of the regions of Russia (55 out of 83) in 2020 demonstrated the growth of the secondary market, while in three regions this growth even exceeded 10 per cent, the AUTOSTAT analytical agency reports. In general, the used cars market in Russia last year grew by 1.7 per cent, to 5 million 496.5 thousand

Fun | Sports  | 09.02.21

Russians Started Doing More Fitness in January 2021

The Russian fitness industry in January showed an increase in sales and attendance. The recovery may last until 2023, TASS reports, referring to the press service of the National Fitness Community which includes 1.7 thousand fitness clubs and other sports and fitness organizations.  According to the President of the National Fitness Community, Elena Silina, in

Recommended | Economics | Business  | 01.12.20

Experts Named Russian Regions With Highest Income Growth

In the third quarter of this year, incomes of residents of 61 Russian regions showed positive dynamics, Izvestia reports with reference to the study conducted by the FinExpertiza international audit and consulting network.  In Russia as a whole, in the second quarter of the year 2020, the real disposable income of the population against the

Recommended | Economics | Business  | 27.10.20

Experts Noted Muscovites’ Incomes Increase

The income of Muscovites is growing by about 6 per cent annually. Over 10 years they have grown by almost 85 per cent, Radio Sputnik reports with reference to the press service of the Moscow Complex of Economic Policy and Property and Land Relations.  “The nominal income of Muscovites has been steadily growing since 2010.