Hugo Boss agrees to sell business in Russia
A German fashion manufacturer is preparing to sell its business in the Russian Federation
business in Russia
Wildberries mulls launching operations in Dubai
One of Russia’s largest online retailers Wildberries is considering launching its platform in Dubai, the company’s founder and CEO Tatyana …
Petr Aven and Mikhail Fridman to be excluded from EU sanctions lists
Today's court decision does not guarantee billionaires 100% that they will be excluded from the list of sanctions. Now it will have to be approved by the EU Council.
LG, Sony and Bosch shutter stores in Russia
South Korean brand LG, Germany's Bosch and Japanese company Sony have begun closing stores in Russia, Kommersant business daily reported. According to a source, the brands' stores are closing due to supply chain …
Russians continue to open companies in Kazakhstan
Russian companies currently play a dominating role in Kazakhstan’s consulting and IT industry, while overall the inflow of companies from Russia to the republic keeps "increased dynamics" compared with other countries, according …
Halal "Burger King" appears in Russia
Halal "Burger King" appeared in Russia. The first two restaurants were opened in Kazan.
Russia and Iran to eliminate customs duties
Russia and Iran have agreed to eliminate duties on imported goods from both countries until March 2024, member of the Joint Iran-Russia Chamber …
Russian economy to grow by 2.5% Anton Siluanov says
Russian Finance Minister Anton Siluanov announced the final summer forecasts for 2023
Ozon to deliver goods from Armenia to Russia
Ozon Marketplace has opened a representative office and sorting center in Yerevan, the company said in a press release. The sorting center in Yerevan will ensure orders are received, processed, assembled and packaged for delivery, as …
Wildberries plans to expand service network in Armenia
Armenian President Vahagn Khachaturyan received executive director of Wildberries Tatiana Bakalchuk, the Armenian presidential press service reported. During the meeting, the prospects and possibilities of e-commerce development, …
IT-specialists return to Russia from Caucasus, East
Every 5th Russian IT-specialist who left his homeland at the beginning of this year has already returned home
Uniqlo,Adidas consider reopening in Russia
The Uniqlo and Adidas brands have not decided to leave Russia, these companies are looking for a solution
Former IKEA factories resume furniture production
Russian furniture enterprises, that previously produced IKEA furniture, are restarting production
Arabic Home Box may replace IKEA in Russia
© Photo: Maria Novoselova / Vestnik Kavkaza The Arab network Home Box may replace IKEA in Russia. The first store may appear in Moscow in 2023. Home Box, the UAE chain of home goods stores, may …
Moscow Region businessmen to visit Azerbaijan
Entrepreneurs from the Moscow Region may soon visit Azerbaijan as part of a business mission
Adidas mulls selling Russian business
German sportswear giant Adidas could transfer its business in Russia to a foreign investor, Kommersant reported, citing sources. The move would mean reopening about a hundred stores in Russia, the news outlet said. …
Swarovski leaves Russia
The manufacturer of jewelry crystals has decided to leave Russia. The exact day of exit is not called. The sale of Swarovski products was stopped in Russia a year ago.
Yandex Eats starts operating in Uzbekistan
Yandex Eats, the food and restaurant order delivery division of Russian technology group Yandex , has launched operations in Uzbekistan. Users can currently access orders from 200 establishments in Tashkent. Going forward the service …
Vkusvill launches food sales in UAE
Russian retailer Vkusvill has begun selling its food products in Dubai through express delivery service YallaMarket, the company said. The project was launched on a trial basis at the end of December, based on which Vkusvill decided to …
What services lead in terms of data leakage in Russia
Retail and delivery were the leading sectors in terms of leaked information in 2022, according to a report by Kaspersky Lab.
