For two consecutive quarters of the year, the volume of industrial production in Russia is falling, according to the Federal Statistics Service (Rosstat). However, the output of some goods has increased sharply against the background of sanctions and import substitution. For example, the production of domestic umbrellas in January-September soared 223 times. It is not
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Insight | Around Russia | 25.08.22
Russian President Signed Decree on Increasing Military Personnel Number
The President of the Russian Federation, Vladimir Putin, signed a decree on increasing the staffing of the Russian Armed Forces by 137 thousand servicemen. The relevant document is posted on the country’s legal information portal. “To establish the full-time strength of the Armed Forces of the Russian Federation in the amount of 2,039,758 units, including
Wildberries Doubled Turnover in First Quarter 2022
Russia’s largest online retailer Wildberries in the first quarter of 2022 increased turnover by 95 per cent compared to the same indicator last year, to 289.2 billion rubles. The total number of orders increased by 128 per cent, to 288.7 million. Wildberries is Russia’s largest online retailer. The company’s turnover by the end of 2021
Insight | Novosibirsk | 18.02.22
Passenger Traffic at Novosibirsk Airport Increased by Over 45%
Passenger traffic of the largest transit hub beyond the Urals, Novosibirsk Tolmachevo Airport, increased by more than 45 per cent compared to 2020, up to 6.7 million people. The growth is associated with an increase in the flight programme of the base carrier S7 Airlines. Tolmachevo International Airport is the largest transit air hub beyond
Export Prices for Russian Crabs Almost Doubled This Autumn
In October 2021, there was a sharp increase in the price of crabs that Russia supplies abroad. The average export price rose to $58 per 1 kilogramme, as stated in the RBC material, based on the data obtained from the Federal Customs Service of the country. It is stated that crabs traditionally become more expensive
Insight | Around Russia | 28.10.21
Demand for Couriers in Russia Increased 5 Times Since 2020
In the first three weeks of October 2021, the demand for couriers in Russia increased by 10 per cent compared to the last month. During the year, there were 5.2 times more vacancies for delivery service employees in the country. As specified, during the year, vacancies for couriers in Moscow increased by 407 per cent,
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
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
Insight | Around Russia | 12.08.21
Number of Marriages Increased by 40% in Russia 2021
The number of marriages in the first half of 2021 increased by 40 per cent in Russia compared to the same period last year, as follows from the data of the country’s Ministry of Justice, Izvestia reports. In January-June 2021, 367,661 couples received marriage certificates, while a year ago there were only 221,153 of them.
Russia International | Trading | 29.07.21
Russia Became Leader in Meat Export to China
Russia has overtaken Australia, Argentina, and Brazil in the export of beef to China, RIA Novosti reports with reference to the Centre for Industry Expertise of the Russian Agricultural Bank. Experts say that in the Q1 of this year, China purchased 3.7 thousand tonnes of Russian beef, which is 20 times more than a year
Experts Named Russian Cities Where People Most Often Buy Used Cars
Experts of the AUTOSTAT analytical agency in preparation for the auto business forum “Used Cars Forum 2021” named the cities of Russia whose residents in January-May 2021 bought used cars more often than others. The rating does not include Moscow and St. Petersburg, which occupy leading positions among Russian regions (122 thousand and 65.7 thousand
Russians Started Making Bigger Payments for Mortgages
Almost a quarter of mortgage borrowers in Russia increased their monthly loan payments during the pandemic. In particular, half of them began to pay 20-30 per cent more, RIA Novosti reports referring to the results of a study conducted by the Online-Ipoteka mortgage supermarket. “About 23 per cent of mortgage borrowers during the pandemic voluntarily
Most Russian Bosses Raised Employees’ Salaries in 2021
The specialists of the Rabota.ru job search service conducted a study and found out how many Russian employers have already raised salaries for their employees this year. It turned out that more than half of business representatives (54 per cent) in Russia had already raised employees’ salaries this year. It is specified that 26 per
