Cleaning Industry Proposes Special Tax Regime to Combat Shadow Economy
Representatives of Russia’s cleaning industry have put forward a proposal to establish a dedicated tax regime specifically designed for the sector, with the primary goal of bringing businesses out of…
Aeroflot Reduces Domestic Flights During Peak Season Amid Structural Changes
Russia’s flagship carrier Aeroflot has reported a decline in domestic passenger transportation during what is traditionally considered the peak travel season. The airline has attributed this unexpected reduction to ongoing…
Russia Extends Special Economic Zone Regime to Entire Border Regions
The Russian government has announced a significant expansion of its Special Economic Zone (SEZ) regime to cover the entire territories of three border regions: Bryansk, Belgorod, and Kursk oblasts. This…
Russian E-Commerce Market Grows by Nearly 20% Driven by Regional Expansion
The Russian e-commerce market has demonstrated remarkable resilience and growth, expanding by nearly 20% according to recent industry reports. This significant increase highlights the ongoing digital transformation of retail in…
Russia’s National Wealth Fund Declines in July Due to Asset Revaluation
Russia’s National Wealth Fund (NWF) experienced a notable decline during July 2024, primarily driven by the revaluation of its underlying assets rather than direct withdrawals. The sovereign wealth fund, which…
Russian State Agency Finds Buyer for Alcohol Asset Previously Owned by Exiled Businessman Yuri Shefler
In a significant development in Russia’s alcohol industry, the Federal Agency for State Property Management (Rosimushchestvo) has announced that it has identified a buyer for Amber Talvis, a major spirits…
Currency Violations Among Russian Citizens with Foreign Accounts See Significant Decline
The number of currency law violations committed by Russian citizens holding foreign bank accounts has decreased notably in recent periods, according to official statistics and expert analysis. This trend reflects…
Russian Ministry Announces Plans to Harmonize E-Commerce Legislation Across Eurasian Economic Union
Russia’s Ministry of Economic Development has announced ambitious plans to synchronize electronic commerce legislation across all member states of the Eurasian Economic Union (EAEU). The initiative signals a significant step…
Russia Allocates 10 Billion Rubles to Support Rail Transport for Agricultural Sector Amid Azov Sea Shipping Restrictions
The Russian government is reportedly preparing to allocate 10 billion rubles (approximately $110 million) to support railway transportation for the agricultural sector, according to sources cited by the business newspaper…
Pashinyan’s Stance on Armenia’s EAEU Membership: A Return to Regional Diplomacy After 18 Months
Armenian Prime Minister Nikol Pashinyan has made his first appearance at the Eurasian Economic Union (EAEU) council meeting in over eighteen months, marking a significant moment in the country’s complex…