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Daily Archives: 2026-01-29

PRICES FOR FREIGHT TRANSPORT IN RUSSIA HAVE SOARED AFTER A MASS CLOSURE OF COMPANIES

RussiaBy admin2026-01-29Leave a comment

In 2025, the rates for freight transport by road in Russia increased by an average of 12%. However, the increase was more significant on certain routes. For example, the cost of transporting goods on the routes from Moscow to St. Petersburg and from Voronezh to Volgograd increased by 30%, and from Omsk to Novosibirsk —…

NORNICKEL’S LARGEST PROJECT IN CHINA IS ON THE VERGE OF COLLAPSE AFTER THE CHINESE PARTNER’S WITHDRAWAL

China, RussiaBy admin2026-01-29Leave a comment

Nornickel’s multi-billion dollar project to build a copper plant in China, which the company’s CEO Vladimir Potanin announced in 2024, is on the verge of collapse. The Chinese partner decided to withdraw from the project, which planned to build a facility with a capacity of 500,000 tons of copper per year in the Fangchenggang port…

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