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Armenia interested in building new NPP with Russiaís assistance

... Pashinyan, "it is very important for Armenia to have nuclear power industry," and Yerevan hopes to extend the operating life of the existing nuclear power plant until 2040 and build a new nuclear power station before that time. "I hope Russia will help us in this matter, because, unfortunately, at the moment we have no sufficient financial resources to launch this process on our own. However, if our Russian counterparts help us, we will be glad to [begin the construction]. We are very ...

Modified: 27.07.2018
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Russian automaker intends to increase sales in Uzbekistan by 2.5 times

The Russian automaker UAZ intends to deliver 1,000 cars to Uzbekistan in 2018, which is almost 2.5 times more than in 2017. The Ulyanovsk automobile plant delivered 5,101 cars abroad in 2017, which is 47 percent more than a year earlier. Most of the UAZ ...

Modified: 26.07.2018
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Russian Crabs Go to China and South Korea

For the first five months of 2018 Russia has exported almost 10 thous. tn of live and chilled crabs worth $151.7 mln. China has imported Russian crabs valued at $81.9 mln, the Republic of Korea – at $66.9 mln, Japan Ė at $2.9 mln, Kazakhstan Ė at $3 thous. With the export volume ...

Modified: 26.07.2018
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Mexican Raspberry on Russiaís Tables

In 2017 Russiaís import of fresh raspberry amounted to $4.5 mln and was 739 times as much as its export amounted to $6 thous. Mexico became the main exporter of fresh raspberry to Russia in terms of value (50.4% of Russia’s import). Mexico exported 366 ...

Modified: 26.07.2018
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Russia ramping up domestic car exports to European market

Sales of Russia-made Lada cars increased by almost 11 percent across the EU in the first half of 2018, data from the European Automobile Manufacturers Association (ACEA) shows. In general, export sales of Russia’s AvtoVAZ, which manufactures Lada vehicles,...

Modified: 25.07.2018
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Japanís Sailboats in Russian Seas

In 2017 Russia imported 24 sea sailboats valued at $328 thous. Japan exported to Russia 10 sea sailboats worth $42.4 thous. The United Kingdom exported 8 sailboats worth $19.7 thous., Germany exported 2 sailboats worth $233 thous., Denmark exported 2 sailboats ...

Modified: 25.07.2018
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Russia launches project promoting Russian exports

The Economic Development Ministry and the Russian Export Center have launched a project aimed at promoting export of locally made products, the ministry said in a statement. "As part of implementation of the national project on improving labor efficiency and maintaining employment, the ...

Modified: 24.07.2018
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Belarus Increased Chicory Export to Russia

From January to May 2018 Russia has imported 75.5 tn of Belarus chicory valued at $59.2 thous., it is two times more than import volume for the same period of 2017. Belarus has remained the only supplier of chicory to Russian market. The main part of Belarus chicory (82%) has ...

Modified: 24.07.2018
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Production of Mercedes Benz cars to start in Russia in 2019

Production of Mercedes Benz automobiles will start in the Moscow Region in 2019. "The term of the special investment contract is nine years, with production start scheduled in 2019," Russian Industry Ministry said. German automaker Daimler will invest $260.4 mln into Mercedes plant construction in the Moscow Region: "According to the contract, the investor guarantees investing of at least $260.4 mln into the project," ...

Modified: 24.07.2018
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Japanís Hino gets permit to build plant in Moscow Region

... said. The production facility will be located in Khimki. 50 new jobs will be created by the plant start. "The enterprise plans to assemble four modifications of medium and light trucks, making it possible to present several models at once on the Russian market. The capacity will be about two thousand automobile per year," the press service reports. Source:† www.tass.com

Modified: 23.07.2018
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Iranís imports from Russia doubled in Q1

According to the Islamic Republic of Iran Customs Administration (IRICA), Russia took the 8th and 18th ranks in terms of imports and exports respectively among 100 countries as contracting parties with Iran. Given the above issue, Russia exported 319,531 tons of products, valued at $381,720,767 in the same period. Iran’s ...

Modified: 20.07.2018
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China to consider expansion of grain supplies from Russia

China will consider the possibility of expanding the list of Russian regions allowed to export grain products to the country. "The issue is about all Russian regions being allowed to supply wheat, soybeans, corn, rice and colza seeds, rather than 1-2 substituent entities as before," the regulator said ...

Modified: 20.07.2018
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Three Thousand Music Boxes From Russia

In 2017 Russia exported 3286 music boxes in the value of $21 thous. and ranked 28th in the world for export of this product. Russia’s import of music box ($294 thous.) exceeded 14 times its export. This product was exported to such countries as Kazakhstan,...

Modified: 20.07.2018
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Tourists make tax-free claims for purchases worth $14.8 mln during World Cup

Foreigners visiting the 2018 FIFA World Cup in Russia prepared tax refund claims for purchases worth $14.8 mln. On February 12, Russian Prime Minister Dmitry Medvedev signed a decree on introducing a tax free shopping pilot program at airports in four Russian regions. The document comes into force ...

Modified: 20.07.2018
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Russia Reduced Unwrought Nickel Export

In 2017 Russia exported unwrought nickel in the value of $1.38 bn, it is a 19% decrease compared to 2016. Thus Russia ranked only 3 rd in the world for export of this production. During the last decade Russia had been the world’s leader in unwrought ...

Modified: 19.07.2018
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Russiaís Trade Turnover Increases

In the first quarter of 2018 Russiaís trade turnover has grown by 22% compared to the same period of the last year and amounted to $157.6 bn. In the turnover structure Russia's export was almost twice as large at its import. Country’s export stood at $103.02 bn and increased ...

Modified: 18.07.2018
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Boeing plans to spend $27 bln on purchases in Russia in next 30 years

Boeing plans to spend a total of $27 bln in the next 30 years on direct purchases in Russia. "Out of $27 bln that we are planning to spend on direct purchases in Russia within the next 30 years, $18 bln accounts for titanium purchases," President of Boeing in Russia and the CIS Sergey Kravchenko said. Currently the company ...

Modified: 18.07.2018
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Russiaís Planting Potatoes Import Larger Than Export

According to the Federal Custom Service of Russia, in 2017 Russiaís import of planting potatoes amounted to $16.63 mln with the total weight of 27.8 thous. tn. The import volume was 4 times larger than the export one. In 2017 Russia’s import of planting potatoes increased both in terms ...

Modified: 17.07.2018
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Indian companies are welcome to participate in Rooppur project

Russia welcomes participation of Indian companies in the construction of the Rooppur nuclear power plant (NPP) in Bangladesh, First Deputy Director General for operations management of Russiaís state-run nuclear corporation Rosatom Alexander Lokshin said....

Modified: 16.07.2018
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Turnover between Russia and Hungary grew by 25% in Q1 2018

Trade turnover between Russia and Hungary for the first three months of 2018 grew by 25%. "Last year, the trade turnover grew by 25%, even slightly more, according to our data. This year it is also growing at the same rate in the first quarter," Russian President ...

Modified: 16.07.2018
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Moody's: Russian steelmakers' earnings to rise as GDP recovery fuels domestic steel demand

Moody's expects an upsurge in the earnings of Russian steelmakers on the back of the countryís economic uplift. "Recovering demand for steel in Russia on the back of GDP growth and declining mortgage rates will buoy steelmakers' earnings in 2018-2019," the raging agency said in a report ...

Modified: 13.07.2018
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Russiaís Turnover of Wheat For Planting

In 2017 Russiaís turnover of wheat for planting amounted to $8.6 mln. It should be noted that Russiaís wheat export was twice as large at its import. Russia imported wheat for planting in the value of $2.37 mln, while its export stood at $6.23 mln. The major ...

Modified: 13.07.2018
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Russiaís Export Geography for Unwrought Lead

In 2017 Russiaís unwrought lead export amounted to $272.5 mln that is 155 times as much as its import. From January to May, 2018 Russia has exported 42.6 thous. tn of unwrought lead worth $105.5 mln and thereby increased both export value and export volume ...

Modified: 13.07.2018
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China and Germany Became the Main Vitamins Suppliers to Russia in 2017

In 2017 Russiaís import of provitamins and vitamins (both natural and synthesized) stood at $177.5 mln and increased by 29% compared to 2016. In 2017 the value of Russia’s vitamins import was 33 times as much as its export value ($5.33 mln). Russia imported ...

Modified: 12.07.2018
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Russian Pets Eat Foreign Feed

In 2017 Russiaís import of dog and cat food prepackaged for retail sale was 3 times as much as its export. In 2017 pet food import in Russia stood at $289.3 mln and increased by 45% compared to 2016. Russia’s export of these products amounted to $80.2 ...

Modified: 12.07.2018
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Belgorod Region is Among Top 3 Wallpaper Exporters in Russia

In 2017 Belgorod Regionís export of wallpapers amounted to $1.25 mln. and was 4 times as much as compared to 2016. Belgorod Region ranked 3 rd in Russia for wallpaper export and accounted for 8.4% of national wallpaper export. Moscow Region (56%) and Moscow city (9.5%) ranked 1 st and 2 nd respectively. Belgorod Region exported wallpapers to Kazakhstan (29.3%), Uzbekistan (19.2%), Kyrgyzstan (9....

Modified: 12.07.2018
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Russia, Jamaica to sign deal extending visa-free stay for Russian nationals to 90 days

Russia and Jamaica are looking at signing an agreement to extend visa-free stay in Jamaica for Russian nationals from 30 to 90 days. A draft agreement to this effect was posted on the official website of legal information on Tuesday. The draft was approved ...

Modified: 11.07.2018
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Russian offshore zones on Russky, Oktyabrsky Islands to open in autumn

Russiaís special administrative regions, pegged as alternatives to foreign offshore zones, will be launched on Russky Island in the Far East and on Oktyabrsky Island in the Kaliningrad Region in September-October 2018. The investment inflow on the islands ...

Modified: 10.07.2018
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Russia, Egypt to organize industrial exhibition in Cairo in 2019

Russia and Egypt have signed a memorandum of intention to organize a global industrial and technological trade fair and a forum at the Cairo-based Egypt International Exhibition Center (EIEC) in October 2019. Russia will act as a partner country of the ...

Modified: 10.07.2018
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Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018

Russia will boost domestic consumption of aluminum by 300,000 tonnes this year. "We have about one million [tonnes of aluminum consumed in Russia in 2017 - TASS]. 300,000 tonnes will be added this year," Minister of Industry and Trade Denis ...

Modified: 10.07.2018
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Russia-Armenia Trade Turnover Gathers Speed

In the first quarter of 2018 Russia-Armenia trade turnover has amounted to $513 mln and increased by 38% compared to the same period of 2017. In 2017 the trade turnover of these countries stood at $1,71bn. As for the structure of the bilateral trade, Russia’s export to Armenia ...

Modified: 10.07.2018
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Russia, United Arab Emirates sign visa-free travel agreement

Russia and the United Arab Emirates (UAE) have agreed to abandon entry visas for each otherís nationals. A visa-free travel agreement was signed at a meeting of the intergovernmental commission in Kazan. Following the signing ceremony, Russian Minister ...

Modified: 09.07.2018
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China is the Top Importer of Russiaís Flour

In the first quarter of 2018 Russia has exported 63.3 thous. tn of flour (wheat and mixed rye-wheat) amounted to $16.59 mln, it is a 10% total value increase compared to the same period of 2017. The most exported wheat type is soft wheat and spelt flour accounted for 95.6% of all ...

Modified: 09.07.2018
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Russia-Vietnam Trade Turnover Increased by 15%

In the first quarter of 2018 Russia-Vietnam trade turnover has increased by 15% compared to the same period of the last year and stood at $1.14 bn. Russia’s import from Vietnam is 2.5 times as much as its export to Vietnam. In the first quarter of 2018 Russiaís export to ...

Modified: 09.07.2018
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Russia-Serbia Trade Turnover Grew by 20% in Q1 2018

In the first quarter of 2018 Russia-Serbia trade turnover has increased by 20% compared to the same period of the last year and stood at $554.18 mln. As for the structure of the bilateral trade, Russia’s import from Serbia exceeds its export to Serbia by 8%. In the first ...

Modified: 06.07.2018
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Russiaís Import of Beer Doubled

In 2017 Russia ranked 14th in the world for beer export. Russiaís beer export amounted to $195.14 mln, it is a 54% increase compared to 2016. In 2017 the top 5 suppliers of this beverage to Russia were: · Germany ($64.6 mln); ∑ the Czech Republic ($23....

Modified: 06.07.2018
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Russia-Kazakhstan Trade Turnover Structure

Russia is the main trade partner of the Republic of Kazakhstan. In 2017 the trade turnover of these countries increased by 21% compared to 2016 and amounted to $20.14 bn. The supplies from Russia outweigh in the Russia-Kazakhstan bilateral trade. Russia’s ...

Modified: 06.07.2018
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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 Economic Development †expects that Russia’s industrial production growth will be 2.5% in 2018, 2.1% in 2019, 2.6% in 2020, 2.9% in 2021, speeding up to the level above 3% in 2022-2024. The average ruble rate will be 60.8 rubles ...

Modified: 05.07.2018
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Russiaís Import of Tennis Rackets Get a Boost

Russiaís import of tennis rackets is 130 times as big as its export. For the first four months of this year Russia has imported tennis rackets to the value of $768.09 thous., it is a 62% increase compared to the same period of 2017. Russia imported ...

Modified: 05.07.2018
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Russia-Spain Trade Turnover Gathers Speed

In the first quarter of 2018 Russia-Spain trade turnover has increased by 14% compared to the same period of 2017 and amounted to $1.4 bn. During that period Russia’s export to Spain has risen by 11% compared to the same period of 2017 and stood at $658 mln. The main export ...

Modified: 05.07.2018
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Rosatom plans to broaden nuclear power plants construction overseas

Russiaís Rosatom intends to make contracts for construction of new nuclear power plants (NPP) in coming future, including Uzbekistan and Saudi Arabia. Rosatom currently holds 67% of nuclear power plants construction market, Chief Executive Officer of ...

Modified: 04.07.2018
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Azerbaijan in talks with Russia to increase electricity import

Azerbaijan started negotiations for increase of electricity import from Russia, head of the Public Relations Department of the Azerbaijanís energy company Azerenerji Yahya Babanli said. "Azerbaijan started talks to increase electric power import from Russia. Chief executive of Azerenerji Etibar Pirverdiev leads the ...

Modified: 04.07.2018
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Austriaís Doka to start building first plant in Russia in July

Austriaís Doka GmbH will initiate construction of its first formwork plant in Russiaís Lipetsk Special Economic Zone by the end of July, press secretary of Lipetsk SEZ Elena Syomina said. "Austria’s Doka GmbH will start building the plant in Lipetsk SEZ by the end of July. It will invest about $7.9 mln into the project....

Modified: 04.07.2018
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Russia Increases Fizz Exports

Russia exported sweetened mineral and carbonated drinks to $20.59m in January-April 2018 ó a 41% leap on last year. Almost a half of Russian fizz (45.1%) was imported by the parched Kazakhstan to a tune of $9.28m, followed by a cooler Belarus (11.4% ...

Modified: 03.07.2018
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Morocco Becomes Biggest Tomato Supplier to Russia in Q1 2018

Russia imported 154,000 tons of fresh tomatoes to $187.72m from more than 20 countries in the first quarter of 2018. The largest supplier was Morocco, which exported to $65.57m and accounted for 35% of the total. Other suppliers included China ($37....

Modified: 02.07.2018
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Russia Increases Imports of Sieves, Riddles

Russiaís imports of such simple domestic utensils as hand sieves and hand riddles increased by 14% in value terms and by 40% in physical terms in 2017, outstripping exports nine times. Russia’s imports of such simple domestic utensils as hand ...

Modified: 02.07.2018
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Russia ready to boost oil production by more than 200,000 bbl/day within OPEC+ deal

Russia is ready to boost oil production within the OPEC+ oil production capping deal by more than 200,000 barrels daily in order to increase the OPEC+ production growth to 1 mln barrels. Ministers of OPEC+ countries made a decision at their meeting on ...

Modified: 02.07.2018
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Russia Imports Wild Cherries

According to the Russian Federal Customs Serviceís official statistics, Russia imported 112.3 tons of wild cherries to $358,500 in the first four months of 2018 ó double on last year in physical terms. From January to March, Russia imported wild cherries from Chile, ...

Modified: 28.06.2018
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France and Russia believe in successful future of nuclear sector

Russia and France are successfully cooperating in the nuclear sector and are convinced it has good perspectives globally, CEO of Russiaís state nuclear corporation Rosatom Alexei Likhachev, said in an interview with Franceís Le Figaro. "We maintain ...

Modified: 28.06.2018
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Russia's economic growth will reach 2.1% by year end

Growth of the Russian economy in 2018 will reach 2.1%, real wages will grow by 6.3%, First Deputy Prime Minister Finance Minister Anton Siluanov said. "We see that inflation is falling compared to the planned figures. We planned 4%, in the draft amendments, in ...

Modified: 27.06.2018
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04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

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Russiaís trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

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