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Articles with tag "business"

opinion Tatyana Rybakova

Why Russian Businesses Are Begging for State Intervention

New research shows that Russian entrepreneurs want the same kinds of state controls they once rejected.

Over 600 Chinese Car Dealerships Close in Russia in 2025

Chinese brands’ share of Russia’s dealership network declined to 64% from 67% after 643 showrooms selling Chinese vehicles closed.
2 Min read

Government Auction Fails to Attract Bidders for Moscow’s Domodedovo Airport

A small business owner from the North Caucasus republic of Chechnya applied but failed to take part in the scrapped bidding.
2 Min read

Russian Businesses Hike Prices in Response to VAT Increase

Businesses are passing on the costs of new tax increases that took effect this month down to their customers.
2 Min read

Russia’s Magnit Food Retailer Eyes Expansion Into Occupied Ukraine – Kommersant

Industry figures said a large-scale move by major federal retailers into the occupied territories is unlikely in 2026.
2 Min read

AvtoVAZ Returns to 5-Day Workweek After Sales Slump in 2025

In late September, the carmaker cut wages, laid off employees and shortened its work schedule to four days in response to falling sales.
1 Min read

Store Closures Sweep Russia’s Fashion Market as Profits Come Under Pressure

Some 25 fashion brands ceased operations last year, according to estimates cited by industry outlet Shopper’s.
1 Min read

Russia’s Parallel Imports of Western Goods Fall Nearly 50% in 2025

The fall follows a series of policy changes, including the removal of cosmetics and perfumes from “unfriendly” countries from the parallel-import list...
2 Min read

New Car Prices Rise in Russia as Tax Hikes Take Effect

Higher prices are expected to weigh on sales after strong late-2025 demand, when buyers rushed to purchase cars before increases took effect.
2 Min read

Russia’s Economy in 2026: More War, Slower Growth and Higher Taxes

The economy is likely to slide from a phase of “managed cooling” into outright stagnation this year, with recovery unlikely before 2027.
4 Min read

Moscow’s Domodedovo Airport to Go Up for Auction After State Seizure

In June, a court ruled to transfer ownership of Domodedovo to the state after determining its two owners were foreign residents who had no right to manage...
1 Min read

Russian Manufacturing Activity Falls for Seventh Straight Month as 2025 Ends

The S&P Global Purchasing Managers’ Index (PMI) fell to 48.1 in December, below the 50-point threshold that separates growth from contraction.
2 Min read

Russian Business Leaders Ask Putin to Ease Wave of Nationalizations – Kommersant

Wartime state asset seizures have affected factories, ports and major corporations worth more than 4 trillion rubles ($43 billion).
2 Min read

Russia’s Restaurant Sector Shrinks for First Time Since 2022 as Costs Rise and Demand Slows

Rising labor costs, higher rents and more expensive ingredients are weighing on the sector while consumers are becoming more cautious.
2 Min read

Russian Oil Producers Feel Increasing Strain as U.S. Sanctions Push Prices to Pandemic Lows

Producers are struggling to cover capital expenditures at several fields at current Urals crude prices, sources at Russian oil companies told Reuters.
2 Min read

Sheremetyevo Airport to Raise Airline Service Fees in 2026

Russian carriers will face a 10% increase in fees, while foreign airlines will see their service fees increase by 3%.
1 Min read

Russian State Companies’ Payment Arrears to Businesses Surge in 2025

The news comes as several major state-controlled companies have reported deteriorating financial results.
2 Min read

Russia’s War Losses Fuel Surge in Funeral Industry Revenue

The surge in funeral revenue comes amid rising demand and record inflation in funeral services.
1 Min read

AvtoVAZ Recalls Over 33K Lada Grantas Due to Driveshaft Defect

The recall applies to Lada Grantas sold between June 6 and Dec. 12, 2025, Russia’s standards watchdog Rosstandart said.
2 Min read

Russia’s Shift Workers Face Mounting Wage Payment Delays

In Nizhny Tagil, some 200 workers at a copper mine were effectively left stranded at the work site after going two months without pay.
2 Min read
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