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 …
business in Russia
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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 …
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
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
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
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 …
Russian economy a footstep away from $1 trillion in investments?
Owners of Russia's largest companies and billionaires from 'Russia's Forbes ranking are ready to invest 70 trillion rubles in the Russian economy. This will happen if there is a mechanism to stabilize the conditions for doing …
Mikhail Sutyaginsky: "Dynamic of cooperation with Azerbaijan is the best among all CIS countries"
Chairman of the Board of Directors of the "Titan" Companies Group on cooperation with Azerbaijani partners
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 …
Russia-Azerbaijan Interregional Forum to be held in Moscow on November 22-23
Moscow will host the 10th Russia-Azerbaijan Interregional Forum on November 22-23. The two-day event will be attended by Azerbaijani and Russian officials and businessmen. The extended meetings of the …
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
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 …
Elon Musk switches to Russian reacting to business forum invitation
The Tesla and SpaceX CEO Elon Musk used his best knowledge of Russian idioms to respond to an elaborate invitation to a Russia's Krasnodar business forum. The U.S. tech entrepreneur responded to a stunt pulled …
"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 …
Armenian entrepreneurs’ corporations are on Forbes ranking of largest Russia private companies
Forbes.ru has issued it new ranking of the largest Russian private companies, and it includes businesses run by Armenians. Like last year, the magazine has ranked 4th Magnit—owned by Sergey Galitsky (Harutyunyan), which is …
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
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?
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
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 …
