Company of Nisanov and Iliev tops Forbes 'Russian real estate kings' ranking
The first place in the rating published by Forbes magazine, titled "Kings of Russian real estate" for several years in …
business in Russia
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Aeroflot announces start of share offering
Aeroflot Russian Airlines has officially announced the beginning of an offering of up to 1.7 billion new shares. "PJSC Aeroflot today announces the launch of a capital increase by placement of up to 1,700,000,000 new ordinary …
Rashid Ismailov becomes VimpelCom president
The board of directors of Russian mobile operator VimpelCom, working as Beeline, has appointed former Deputy Digital Development Minister Rashid Ismailov as the company’s president, the operator said on Wednesday in a statement. …
U.S. slaps more Russia's Prigozhin-linked sanctions
The United States has imposed fresh sanctions on the interests of an influential Russian businessman close to President Vladimir Putin. The State Department announced that it sanctioned five companies connected to Yevgeny …
Putin addresses Russians on the fight against COVID-19 pandemic
Russian President Vladimir Putin in his message to the nation, thanking the country's citizens for the dignity they demonstrated during the most dangerous stage of the COVID-19 epidemic. "Just three months have passed. …
Authorities announce when cafes and restaurants will be opened in Moscow
Public catering enterprises in Moscow will resume work at the next stage of lifting restrictions imposed in connection with the pandemic of the coronavirus, the head of the Moscow Department of Trade and Services, Alexei Nemeryuk said. …
Moscow mayor: there is every reason to hope for quick end to halt in business activity
There is every reason to hope that the halt in the business activity of the majority of the capital's enterprises will soon come to an end, Moscow Mayor Sergei Sobyanin wrote in his blog. "Of course, the best gift for the …
Anatoly Aksakov to Vestnik Kavkaza: business needs long, cheap money
In the conditions of restrictions on the work of enterprises due to the pandemic, Russian business needs government support more than ever, and first of all, it requires long-term loans at low rates that will help compensate for the drop in …
Mishustin orders to prepare exit strategy for entrepreneurs
Russian Prime Minister Mikhail Mishustin issued a number of new instructions to the relevant departments to resolve the situation with coronavirus and support the population. The Prime Minister instructed to prepare an exit strategy for …
Forbes names Russia's richest businesman
Forbes magazine has compiled the rating of 200 richest Russian entrepreneurs, topping the list is head and beneficiary of Norilsk Nickel Vladimir Potanin with a fortune of $19.7 billion (up from the 6th place with $18.1 billion). …
Russian businessmen ask Mishustin to remove restrictions on sale of alcohol
Russian entrepreneurs turned to Prime Minister Mikhail Mishustin with a request to recommend the regional authorities to remove restrictions on the circulation of alcohol, which were introduced amid coronavirus. According to the …
Konstantin Korishchenko describes futuristic Russia economic outlook
What should the Russian economy be worry about after the decline in oil prices
Putin: small business in Russia becoming more high-tech-oriented
Russian President Vladimir Putin said that the structure of the small business sector in Russia is changing gradually and becoming ever more high-tech-oriented. Speaking in an interview for the TASS project …
Putin: capital inflow and outflow is a natural process
Russian President Vladimir Putin believes that the outflow of capital from the country is insignificant and the authorities have been doing a good job to improve the investment climate. Speaking in an interview for …
Putin: Kaspersky Lab would have been even better, if screws hadn’t been tightened
Programmer and entrepreneur Yevgeny Kaspersky can serve as an example of Russia’s tech pioneers, and is a leader in his field, Russian President Vladimir Putin told TASS in an interview for its project …
Elena Baturina is no longer Russia's richest woman
The founder of the online retailer Wildberries Tatyana Bakalchuk topped the list of Russia's richest women, Forbes magazine said. According to the publication, her fortune reached $1.4 bln. Bakalchuk pushed off the …
Potanin bypasses Alekperov in Russian billionaires list
Russian tycoon Vladimir Potanin, one of core owners of metals giant Norilsk Nickel, has become the richest man in the Russian section of the Forbes Real-Time Billionaires list, which tracks wealth of tycoons in real time, with …
God Nisanov and Zarakh Iliev stills Kings of Russian Real Estate
Businessmen God Nisanov and Zarakh Iliev were named Russian real estate kings, as Forbes has released a new edition of its …
Nisanov and Iliev buy Moscow’s Central Market
The Kievskaya Ploshchad group of companies, owned by immigrants from Azerbaijan, God Nisanov and Zakhar Iliev, acquired the Central Market on Rozhdestvensky Boulevard in Moscow. The deal was reported by the head of Gremm Group, Mikhail …
Russia improves its position in global rating
Russia, ranking No. 23, is seen as both the second-most powerful country and the fourth-most influential country in the world, according to U.S. News & World Report’s 'Best Countries' annual rating. Each country …
