Tag revenue
Economics | Business  | 11.02.22

Rosneft’s Annual Net Profit Increased Sixfold

Rosneft’s net profit for 2021 under International Financial Reporting Standards (IFRS) reached a record value in the company’s history, 883 billion rubles, which is more than six times higher than in 2020.   In the Q4 of 2021, the company’s net profit decreased by 1.7 times year-on-year and amounted to 187 billion rubles. Analysts interviewed by

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

Trading | Business  | 14.09.21

Russian Diamond Mining Company Increased Sales Almost by 50%

The Russian diamond mining company “Alrosa” sold $297 million worth of diamonds in August 2021, and $10 million worth of brilliants, TASS reports. Compared to the indicator of August 2020, the company increased sales of diamonds by 47 per cent, while brilliants decreased by 31.5 per cent.    At the same time, in August 2021,

Trading | Business  | 10.06.21

Alrosa’s Diamond Sales Grew 9.5 Times

The Russian diamond mining company ‘Alrosa’ sold diamonds worth $346 million in May 2021 and polished diamonds (brilliants) worth $19 million, TASS reports. Thus, in comparison with May last year, the company increased diamond sales by 9.5 times, and polished diamonds by almost 5 times.   It is noted that Alrosa is one of the three

Economics | Business  | 08.06.21

Survey: Third Pandemic Wave Didn’t Affect Most Russian Companies

Most Russian entrepreneurs did not notice the impact of the third wave of the coronavirus pandemic on their business, TASS reports with reference to the results of a study conducted by the developer of CRM for business ‘Megaplan’ in May 2021 among 1,547 employees and leaders of small and medium-sized businesses.  According to the study,

Economics | Business  | 27.05.21

Russians Monitor Financial Performance of Their Companies

The higher the income level of employees, the more closely they monitor the financial stability of the company they work in, according to the specialists of the SuperJob job search service. Thus, almost half (49 per cent) of Russians regularly monitor the income, profits, and other financial indicators of their companies.   In turn, every third

Economics | Business  | 28.03.21

Rostov Theatres Increased Tickets Sales in March 2021

The Russian VTB Bank conducted a study dedicated to World Theatre Day, which is traditionally celebrated on March 27, and found out how the demand for visiting cultural sites in the Rostov region has changed in 2021, 1rnd reports. According to the bank’s acquiring business, in the first three weeks of spring, Rostovites spent 3.3

Recommended | Economics | Business  | 24.01.21

X5 Retail Group’s Revenue Grew by 362.2%

The X5 Retail Group published its financial results for the Q4 and the whole of 2020, according to which net retail revenue grew by 14.3 per cent compared to 2019 and amounted to 1.97 trillion rubles. Net offline revenues of Pyaterochka and Perekrestok stores belonging to the chain increased by 16.5% and 13.9%, respectively.   

Recommended | Economics | Business  | 10.12.20

Russian Companies Told How Much Money They Allocate for Charity

The Rabota.ru job search service conducted a study among more than 1,500 respondents from all regions of Russia and found out what charitable activities Russian companies are planning at the end of 2020.  According to the results of the study, 3% of the surveyed representatives of Russian companies are going to participate in charity events

Recommended | Economics | Business  | 28.10.20

Forbes Ranked Russian YouTube Bloggers by Ad Revenue

The LABELCOM YouTube channel topped Forbes‘ first ranking of Russian bloggers with the highest ad revenues ($3.55 million). The leadership was gained for the “What Happened Next?” show, in which comedians listen to the story of an invited guest, and then try to guess how it ended.  The second place was taken by Valentin Petukhov,

Trading | Business  | 10.09.20

Experts Noted Record Money Amount Spent on Moscow Real Estate Purchase

Muscovites and residents of the region bought real estate in new buildings in August 2020 for a record amount of money. The developers’ revenue amounted to 120 billion rubles, which exceeds last year’s result by 48 per cent, Lenta reports with reference to the data provided by the CIAN portal.    It is stated that

Recommended | Trading | Business  | 16.08.20

Analysts Recorded Revenue Increase in Stores for Newborns

The revenue of Russian stores with goods for newborns in July 2020 exceeded their February revenue by 45%, the press service of the Evotor IT company reported. At the same time, the revenue of Russian children’s stores in July increased by 5% compared to February and by 11% compared to July.  It is specified that