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Invest In Russia News

  • Putin grants Russian citizenship to Russian-born Belgian businessman

    Michel Litvak is the owner and head of the OTEKO logistics company, which is a large private investor in port infrastructure


    Russian President Vladimir Putin granted Russian citizenship to Michel Litvak, a Belgian businessman of Russian descent.

    The presidential decree was added to Russia’s official database of legal information on Wednesday.

  • Russia’s advanced Armata tank gets anti-slip coating

    The T-14 Armata tank was unveiled for the public at the Victory Day Parade in 2015

  • Russia bans exports of oil, petroleum products to Ukraine

    The Russian prime minister also declared extension of the ban on imports of certain Ukrainian goods


  • Russia’s FSB disrupts amphetamine trafficking from Netherlands

    A Bulgarian drug courier was caught red-handed during a police operation in the Moscow region


    Officers from Russia’s Federal Security Service (FSB) have disrupted a route for trafficking amphetamine from the Netherlands, the FSB press service said in a statement on Wednesday, adding that 90 kilograms of amphetamine had been seized.


  • Russia’s FSB disrupts amphetamine trafficking from Netherlands

    A Bulgarian drug courier was caught red-handed during a police operation in the Moscow region


    Officers from Russia’s Federal Security Service (FSB) have disrupted a route for trafficking amphetamine from the Netherlands, the FSB press service said in a statement on Wednesday, adding that 90 kilograms of amphetamine had been seized.


  • Japan, Russia discuss joint economic cooperation on Kuril Islands

    Moscow and Tokyo are currently holding consultations on a joint economic activity on the southern Kuril Islands in five areas


    Representatives of Japan and Russia held another round of talks on joint economic activity on the Southern Kuril Islands, with the focus on a framework aimed at facilitating the implementation of bilateral projects, the Japanese Foreign Ministry told TASS after the consultations.

  • Russia completes deliveries of Su-35 fighter jets to China

    The contract worth about $2.5 billion on the deliveries of 24 fighter jets to China was signed in 2015


    Russia has completed the deliveries of Sukhoi Su-35 generation 4++ fighter jets to China under a contract signed earlier, Russia’s Federal Service for Military and Technical Cooperation told TASS on Tuesday.

  • Russian PM signed documents to establish advance development territories in seven regions

    Documents regarding establishment of advance development territories (ADT) in seven Russian regions were signed, Prime Minister Dmitry Medvedev said on Monday.

    "I signed the whole package of decisions to set up ADT - these are 7 advance socioeconomic development territories in Oryol, Volgograd, Chelyabinsk, Novosibirsk, Novgorod, Kirov and Tula regions," Medvedev said.

  • Gazprom confirms restart of gas supplies from Turkmenistan

    The Russian company suspended buying Turkmen gas in 2016

    Gazprom confirmed resumption of gas supplies from Turkmenistan, the Russian gas holding told TASS on Monday.

    "We confirm deliveries from Turkmenistan," Gazprom says.

  • Japan, Russia discuss joint economic cooperation on Kuril Islands

    Moscow and Tokyo are currently holding consultations on a joint economic activity on the southern Kuril Islands in five areas


    Representatives of Japan and Russia held another round of talks on joint economic activity on the Southern Kuril Islands, with the focus on a framework aimed at facilitating the implementation of bilateral projects, the Japanese Foreign Ministry told TASS after the consultations.

  • Russian Central Bank has instruments to withstand external shocks — head

    Head of the Russian Central Bank Elvira Nabiullina said the Central Bank proceeds in its forecasts from the assumption that sanctions will remain


    Russia's Central Bank has necessary financial instruments to withstand external shocks, the bank's head Elvira Nabiullina said on the sidelines of the annual meeting of the International Monetary Fund and the World Bank in Washington.

  • North Korea interested in buying Russian passenger planes - Russian senior MP

    Pyongyang seeks to boost flight safety, deputy speaker of the Russian State Duma Sergei Neverov noted


    North Korea is interested in buying new Russian civil aircraft to boost flight safety, Sergei Neverov, a deputy speaker of the Russian State Duma lower parliament house, who leads a Russian parliamentary delegation visiting Pyongyang, told TASS on Sunday.

  • Rusal, Braidy Industries to build US aluminium rolling mill for automotive industry

    The rolling mill’s annual design capacity will be 500,000 tonnes of hot rolled band and 300,000 tonnes of fully finished cold rolled products


    Russia’s aluminum giant Rusal and US holding company Braidy Industries Inc. plan to fulfill a joint project on producing flat rolled aluminium products for the US automotive industry in Ashland, Kentucky, Rusal’s press service said on Monday.

  • Russia to invest $11.4 bln in Northern Sea Route until 2024

    According to head Rosatom, Alexey Likhachev companies implementing projects in the Arctic region will invest in the development of the port and the nearby infrastructure


    Russia will invest 735 bln rubles ($11.4 bln) in the Northern Sea Route until 2024, head of Russian nuclear corporation Rosatom, Alexey Likhachev said in an interview with TASS at the International Arctic Forum.

    He added that budget funds will account for one third of this amount.

  • Macroeconomic situation in Russia is healthy, says IMF

    Christine Lagarde still thinks, however, that more deep and structural reforms are needed


    The macroeconomic situation in Russia is healthy but the country needs to proceed with structural reforms to unlock the potential for economic growth, IMF Managing Director Christine Lagarde said at a press conference on Thursday.

  • Rare emerald over 1 kg to be put up for auction in Russia

    Seven out of ten emeralds recognized as the best in the world come from the Urals

  • Swedish companies eye joint Arctic projects with Russia

    Russia's St. Petersburg is hosting the International Arctic Forum - Arctic: Territory of Dialogue


  • Norilsk Nickel, Russian Platinum ready to invest $3.8 bln in Arctic Palladium project

    The project will create about 8,000 jobs in the north of the region


  • Iconic Praga restaurant building in Moscow sold for $22 mln

    The initial price was set at 1.78 billion rubles ($27.7 million)


    The building of the Praga restaurant, one of Moscow’s oldest and most luxurious restaurants, has been sold for 1.4 billion rubles ($22 mln), according to the New Information Services (NIS) online auction.

  • Putin assures sanctions will not interfere with Russia's plans for Arctic development

    Russia's future does not depend on sanctions, said Vladimir Putin


    including national projects, Russian President Vladimir Putin said at the full-scale meeting of the International Arctic Forum on Tuesday.

  • President Putin invites Swedish entrepreneurs to SPIEF-2019

    President Putin also noted the importance of cooperation between Russia and Sweden in the Arctic


    Russian President Vladimir Putin invited Swedish entrepreneurs to the St. Petersburg International Economic Forum, at a meeting with Swedish Prime Minister Stefan Lofven on Wednesday.

    "We hope to see Swedish representatives at the next St. Petersburg Economic Forum," President Putin said.

  • Central Bank assesses economic situation in Russia as close to equilibrium

    Earlier, Finance Minister Anton Siluanov said that the growth rate of the Russian economy in 2019 could exceed 1.3%

  • Putin: Russian national projects open up good prospects for Turkish business

    Putin invited Turkish businessmen to take part in the St. Petersburg International Economic Forum


    Russia’s national projects will open up big prospects for foreign investments, including Turkish business, Russian President Vladimir Putin said at a joint meeting with Turkish President Recep Tayyip Erdogan and representatives of the business circles of the two countries.

  • Putin: Russia remains reliable gas supplier for Turkey, unlike other Ankara’s partners

    Russia remains a reliable gas supplier for Turkey, President Vladimir Putin told a press conference following the talks with his Turkish counterpart Recep Tayyip Erdogan on Monday.


    "Turkey has many contracts in the area of gas supplies, with far from everyone fulfilling their contractual commitments," he said, adding that "Russia stably fulfills (them), both regarding volumes and prices."

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