Analysts at the Center for Economic Forecasting of Gazprombank report that in 2022, only 126,000
According to a report by the Association of Internet Commerce Companies (AKIT), the turnover of e
The Russian market for toys and games experienced steady growth from 2017 to 2019 but saw strong
The Russian market for jewelry and watches saw modest growth in the past few years, with a signif
Growth in the Russian toy business is low and is expected to accelerate slightly over the next fi
The Moscow-based online retailer Ozon and streaming service ivi are both reportedly considering i
On October 22, 2019, the X5 Retail Group N.V., a leading Russian food retailer, released the comp
With over 80 million people using the internet monthly, Russia has the largest online audience in
X5 delivered revenue growth of 16.9 percent year-on-year in the fourth quarter of 2018 on the bac
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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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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