Denis Manturov

Parallel imports in Russia to exceed $20 bln in 2022

Parallel imports in Russia to exceed $20 bln in 2022

The Ministry of Industry and Trade of the Russian Federation reviewed the forecast for the volume of parallel imports for 2022 from the previous $16 bln, Izvestia writes. “According to the Federal Customs Service of Russia, over …

Parallel imports in Russia to be extended for 2023

Parallel imports in Russia to be extended for 2023

The mechanism of parallel imports of various goods to Russia will be extended for 2023, Russian Deputy Prime Minister Denis Manturov told reporters on the sidelines of the Eastern Economic Forum (EEF) on Wednesday. "This decision …

Russian govt to subsidize advertising Russian brands

Russian govt to subsidize advertising Russian brands

The Russian government has approved allocating subsidies in order to support advertising Russian brands, primarily on television, and it plans to distribute 500 million rubles for this purpose in a pilot mode in 2022, Industry and Trade Minister …

Russia could legalise cryptocurrency - minister

Russia could legalise cryptocurrency - minister

Russia will sooner or later legalise cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, suggesting that the government and central bank may be moving closer to settling their differences. …

Russia may start producing foreign vaccines against COVID-19

Russia may start producing foreign vaccines against COVID-19

Russia is ready to launch the production of foreign vaccines against the COVID-19 coronavirus, Russian Minister of Industry and Trade Denis Manturov said. At the same time, he stressed that the decision on foreign vaccine manufacturing …

Russia produces 300 mln doses of COVID-19 vaccines by year end

Russia produces 300 mln doses of COVID-19 vaccines by year end

Russia manufactured 95 mln doses of vaccines against coronavirus, by the end of the year it will release over 300 mln doses, Minister of Industry and Trade Denis Manturov said on Thursday. Russia has a stock of vaccines for at least 2 months, he …

Russia to team up with UAE to develop supersonic passenger jet

Russia to team up with UAE to develop supersonic passenger jet

Russia’s United Aviation Corporation and Mubadala, the investment fund of the United Arab Emirates, will create a joint venture for developing and manufacturing a supersonic business-passenger jet, Russia’s Industry and Trade …

Russia’s industrial production to remain at 2019 level in 2020

Russia’s industrial production to remain at 2019 level in 2020

Russia’s industrial production may decline by 4-5% by the end of 2020 if the June dynamics persists, or even remain roughly at the level of 2019 unless a second coronavirus wave occurs, Industry and Trade Minister Denis Manturov said. …