In 2022, the Russian food and grocery retail market encountered a downturn, shrinking by 2.6% to
The Russian online retail sector, which experienced a growth of 2.7% in 2022, reaching a value of
In 2022, the Russian toys & games retail market experienced a slight contraction of 1.4%, clo
In 2022, the Russian sports equipment retail market witnessed a significant downturn, contracting
In 2022, the Russian consumer electronics retail market experienced a slight downturn, shrinking
On February 28, 2024, X5 Group, a prominent Russian food retailer managing the Pyaterochka, Perek
Fix Price, one of the leading variety value retailers globally and the largest in Russia, reveale
The Russian gift card industry is projected to witness substantial growth, reaching a market volu
Magnit PJSC announced Konstantin Izmaylov as CEO of Magnit Market, the marketplace being develope
By Alexey Tarasov
Pages
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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Rostec’s Obninsk Research and Production Enterprise “Technology” has initiated the serial production of domestically produced cockpit glazing for t
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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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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