In 2021, the Russian aerospace and defense market saw a 4.5% decline in value, but this was a sli
by Olga Tarasova, editor-in-chief
Russia and the United States have achieved good results in stabilizing global energy markets, the
On September 28, 2020, Cardpay, a licensed e-commerce and payment services company based in the U
Investor says vaccine production should primarily meet domestic demand.
On September 21, 2020, Russia approved R-Pharm’s prescription drug Coronavir for the treatment of
Sberbank has opened its first next-generation location in Moscow at 2 Tsvetnoy Boulevard.
On September 30, 2020, Alfa Bank has announced its partnership with Plug and Play, the Silicon Va
The value of the Russian oil and gas market fell by 15.2 percent in 2019 due to a decline in oil
A new gas deposit was discovered at the Leningradskoye field of the Yamal gas production center,
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Aviation
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In a dramatic turn of events, the Russian new car market faced a sharp decline of 62.6% in 2022, plummeting to a market value of $21.9 billion and
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The Russian automotive manufacturing industry faced a significant downturn in 2022, with market values plummeting by 52.4% to $13.1 billion and pro
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The Russian airline industry experienced a significant downturn in 2022, with a market value decrease of 56.7% to $10,547 million, attributed to th
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TSAT Rostec announced on March 4, 2024, the impending deployment of a cutting-edge domestic 3D printer designed to manufacture heat-resistant compo
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The Salyut production complex of the Rostec United Engine Corporation in Moscow is set to double its training intake in 2024, welcoming over 1,000
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The United Engine Corporation’s UEC-Saturn on February 26, 2024, initiated a new application round for the Wings of Rostec, aiming to nurture futur
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Despite Western automakers exiting Russia due to economic sanctions related to the 2022 invasion of Ukraine, a ‘parallel import’ scheme initiated b
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Mercedes-Benz Group has completed the sale of its shares in Kamaz, the leading Russian truck manufacturer based in Naberezhnye Chelny, known for pr
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Rostec’s Obninsk Research and Production Enterprise “Technology” has initiated the serial production of domestically produced cockpit glazing for t
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In a significant shift in the automotive market, Chinese brands emerged as leaders in new car sales in Russia throughout 2023, according to data fr