SCO & BRICS latest news and insights
Last week, President Vladimir Putin outlined the conditions for the return of foreign companies and stated that only those who did not harm the businesses they were leaving behind, but handed it over safely to Russian management, can return.
Some foreign companies that exited the Russian market ov...
The 6.9% decline in net pre-tax profit of Russian companies in 2024, as reported by Rosstat on 5 March, was anticipated, given the evident deterioration in working conditions, according to economists surveyed by themagazine Expert. However, the decline was predominantly concentrated in sectors vuln...
Its 34 years in February that the Soviet Union collapsed and brought about the end of communist rule in Russia,at the that time all companies ,shops and enterprises were owned and controlled by the state and there were few individual businesses.
Since then everything has changed,it took time for th...
By Rhod Mackenzie
The financial performance of Russian businesses acros all sectors of the economy have shown a positive trend, with profits returning to growth. According to reports , profits for the period between January and May of this year increased by 13% to reach 13 trillion rubles.
This o...
By Rhod Mackenzie
The differing approaches of Western political and business leaders to the current situation with Russia illustrate the varying levels of risk that each party is willing to accept. The Financial Times recently published an article that highlighted the shift in Western business's a...
Russia as country is known as a generous soul. It is a mother to good people and a mother-in-law to bad people.
At the National ,the Russians have long had a practice of welcoming anyone who wants to come open a business, work hard , create jobs and pay taxes. During the 1990's and early 2000's alm...
