business in Russia

page 9

Usmanov names his heirs

Usmanov names his heirs

Billionaire Alisher Usmanov admitted that the family and top managers of the USM company could become possible heirs to his fortune, the businessman said in an interview to the Financial Times. According to Usmanov, many people helped …

Rambler drops effort for criminal case against Nginx

Rambler drops effort for criminal case against Nginx

Russia’s Rambler Group said it will stop trying to have a criminal case brought against web server Nginx, which was developed by former Rambler employees. Last week, Nginx’s offices in Moscow were searched following a …

Opel resumes car sales in Russia

Opel resumes car sales in Russia

PSA Peugeot Citroen has begun selling new Opel models in Russia. "Opel is returning to Russia: today, first models of the German automaker from Russelsheim arrived at car dealerships of official dealers in main cities of …

Tatyana Bakalchuk named most notable Russian billionaire

Tatyana Bakalchuk named most notable Russian billionaire

Wildberries founder Tatyana Bakalchuk was listed among the most notable new billionaires of 2019 by Forbes. Bakalchuk has become the second woman dollar billionaire in Russia. In 2018, the company's revenue amounted …

Moscow hosts 10th Russia-Azerbaijan Interregional Forum

Moscow hosts 10th Russia-Azerbaijan Interregional Forum

The 10th Russia-Azerbaijan Interregional Forum has opened in Moscow today. The event is co-organized by the Russian Ministry of Economic Development and Azerbaijan’s Ministry of Economy. The business programme will feature an …

What's in gain in Doing Business ranking for Russia?

What's in gain in Doing Business ranking for Russia?

Russia has risen to the 28th position in the Doing Business 2020 rating of the World Bank and the International Finance Corporation from the 31st position it occupied last year. The WB said in the report that it happened thanks to …

Elon Musk to take part in Russia's Kuban Business Forum

Elon Musk to take part in Russia's Kuban Business Forum

Inventor and entrepreneur Elon Musk will attend via a teleconference a business forum in Russia's Krasnodar after organisers invited him with a billboard in front of SpaceX office in California, the regional business and …

"Caspian Convention lays groundwork for joint projects"

"Caspian Convention lays groundwork for joint projects"

The Convention on the Status of the Caspian Sea, signed more than a year ago by the heads of the five Caspian littoral states, has laid the groundwork for for the active development of joint bilateral and multilateral projects in this region, the …

Russia's business depression continues

Russia's business depression continues

Seventy nine percent of entrepreneurs believe that there are unfavorable conditions for doing business in Russia now, according to the results of the poll conducted by the All-Russian Public Opinion Research Center (VCIOM). The poll …

Sberbank named most valuable Russian brand for third time

Sberbank named most valuable Russian brand for third time

The international agency Brand Finance presented the annual report on the 50 most valuable and strongest Russian brands. Sberbank tops the ranking for the third time. Its brand value increased 26% to 842.2 billion rubles. …

Does Russian business suffer from nihilism?

Does Russian business suffer from nihilism?

Russian First Deputy Prime Minister and Finance Minister Anton Siluanov believes that Russian business does not want to see positive changes in public administration and the economy, and, having record profits, believes that …

Forbes names Russia's wealthiest businessmen

Forbes names Russia's wealthiest businessmen

The Russian edition of Forbes published the list of Russia’s 200 wealthiest businessmen. The list is topped by retailer Leonid Mikhelson, co-owner of Sibur and Novatek, with $24 billion. Vladimir …