Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

Putin Sees Generator Orders

Russian companies plan to spend 3.1 trillion rubles ($111 billion) in the next three years on orders for energy-generating equipment, Prime Minister Vladimir Putin said during a government meeting in St. Petersburg on Friday.

The government may introduce tax breaks, customs measures and incentives for investments to spur production in the industry, Putin said, adding that Russian manufacturers account for 2 percent of the global market.

(Bloomberg)

Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.