Business

Elvira Nabiullina, the head of Russia’s Central Bank, signaled a cautious stance on widening concessional loan programs during the St.…

The Kremlin official stated that the oil sector continues to play a central role in Russia’s budget, a claim made during a televised…

Taras Skvortsov, a senior executive at Sberbank, explains that Russia has not faced a prolonged period of high interest rates, and this…

Banking Portfolio Growth and Outlook for Sberbank in 2024 Sberbank reported that its corporate loan portfolio rose by 1.5% in the month,…

Predictions point to a steady rise in Russia’s average monthly earnings, with a scenario where the typical salary could approach 140 thousand…

Economic analysts tracking the European energy shift report a substantial toll from reduced Russian gas flows. Estimates for this year place a…

The Moscow region is set to gain support from Sber in its push toward import substitution and a transition to a sustainable development model,…

Following the dam’s restoration, attention has shifted to reviving the Kakhovskoye reservoir within a two-year horizon. Officials in the…

Russia Revises 2024 Oil Output Outlook Amid OPEC+ Constraints Russia has adjusted its forecast for oil production in 2024 to a range of…

Sitronics Group is moving from planning to production, aiming to launch its own electric ferries. The announcement came as the company’s…