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German companies plan to invest around 395 mln euro per year in Russia

The total amount of investments in Russia planned by 44 German companies within the next 12 months is roughly 395 mln euro, according to a survey conducted by the Russian-German Chamber of Commerce among 141 companies in May-June 2019. "The readiness to invest among ...

Modified: 03.07.2019
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Switzerland boosts investments and exports to Russia

... electronics totaled 17 percent. The share of Swiss watch, jewelry and some other luxury items also reached 17 percent. Agricultural products became the third largest export item, accounting for 8.5 percent. The top diplomat highlighted the growth of Swiss investments in Russia that saw a modest increase of 1.5 percent over the specified period. Zurich-based multinational ABB Group, which specializes in robotics, power, heavy electrical equipment and automation technology sectors, established a new engineering ...

Modified: 28.05.2019
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The Ministry of economic development of the Russian Federation offers foreign investors to participate in a survey on ďWhat changes are needed in Russian legislation so as to create the most comfortable environment for doing business in the Russia?"

Nowadays, the world economy requires greater state involvement to international investment flows to increase the attractiveness and competitiveness of the country. Therefore, the Ministry of economic development of the Russian Federation, given the best domestic and foreign experience, is currently developing a package of bills that will significantly increase the investment attractiveness of the country. One of the key aims of the package of bills is to create completely clear, comfortable and...

Modified: 16.05.2019
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Over 100 agreements worth $3.3 bln signed at Yalta forum

More than 100 agreements totally worth 215 bln rubles ($3.3 bln) have been signed at the Yalta International Economic Forum (YIEF). "A total of 102 agreements worth 215 bln rubles," Crimean head Sergei Aksenov said. According to Aksenov, agreements in various fields have been made. Particularly, it is planned to implement projects on agriculture production and processing. "Four projects are already being implemented," he said, adding that those are projects in industry, IT technologies...

Modified: 24.04.2019
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Russian Economy Ministry expects investments growth to decline in 2019

Equity investments growth are expected to decline from 3.5% in 2018 to 3.1% in 2019 with further acceleration to 7.6% in 2020. Investments are expected to grow by 6.9% in 2021 and will be at the level of 6.4% per year in 2022-2024. The† Russian Ministry of ...

Modified: 05.07.2018
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Russia, China sign agreement establishing investment fundís management company

Russia and China have signed an agreement on establishing a management company of a five bln yuan ($781 mln) investment fund at the Russian-Chinese Forum on Inter-Regional Cooperation in Chinaís Harbin. The project is being implemented with the support of the Russian-Chinese Inter-Regional Council and its Russian Co-chair Dmitry Mironov, the Yaroslavl region governor. Executive Secretary of the Russian-Chinese Friendship Committee’s Inter-Regional Council Artyom Semyonov told TASS that the...

Modified: 18.06.2018
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Azerbaijan invested over $1B in Russiaís economy

Azerbaijanís total investments in Russia exceed $1 billion, Azerbaijani Economy Minister Shahin Mustafayev said at the opening ceremony of Azerbaijanís business center in Russiaís Astrakhan city. He said that Russian investments in Azerbaijan’s economy reached $4 ...

Modified: 18.06.2018
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Gazprom Group increases its investment plan in 2018 to $32.31 bln

The total volume of implementation of investments by Gazprom Group in 2018, according to the investment program, for gas, oil, electricity and heat-generating assets increased to $32.31 bln from $31.8 bln, indicated in the Q4 of 2017, according to the companyís report. The total volume of ...

Modified: 01.06.2018
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Gazprom to invest about $1.3 bln in geological exploration in 2018

... Cherepanov, a member of the holding's management board said. "As for 2018, the parameters are approximately comparable (with the indicators of 2017) - about 83 billion rubles," he said. Cherepanov also noted that last year the holding's investments in geological exploration amounted to $1.4 bln. Source:†

Modified: 15.05.2018
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Kola MMC invests $2.53 million in Monchegorsk plantís modernization

The Kola MMC (a part of the Norilsk Nickel Company, Nornickel) will modernize the electricity supplies system at its divisions in the Murmansk Regionís Monchegorsk. The project for 2018, where investments are $2.53 million, will improve reliability of the industrial facilitiesí electricity supplies, the companyís press service said. "In Monchegorsk, the Kola MMC has finished the first stage of reconstructing the distributing substation,...

Modified: 14.05.2018
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Agency for the Development of Human Capital in the Far East (HCFE) launched the contest of ideas and projects called The Far Eastern Hectare. The authors of the best ideas for the development of free land plots in each of the five contest nominations will receive 100 000 roubles and the opportunity to present their projects to investors at the IV Eastern Economic Forum, which will take place in Vladivostok on 11-13 September. “We are hosting this event for the third time but unlike the previous...

Modified: 04.04.2018
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Rusnano may attract $3.9 bln of private investment by 2023

... development strategy of Rusnano includes two development scenarios. According to one scenario, the existing business model involves investing in nanotechnology through the creation of new funds and will attract up to 150 bln rubles ($2.6 bln) of third-party investments by 2020 and up to 170 bln rubles ($2.89 bln) by 2023. Another scenario involves selling Rusnano management company to private investors - this will additionally attract 55 bln rubles ($955.74 mln) of foreign investments by 2023. In general,...

Modified: 30.03.2018
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New investors allocated RUB 92.5 billion to the economy of the Far East in 2017, marking the first-time growth in fixed investments that has been recorded in the macroregion, which now accounts for 26% of all foreign investments in the country, the press service of the Ministry for the Development of the Russian Far East reported. Other positive changes that occurred ...

Modified: 02.03.2018
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