The Russian housing construction market is facing a “collapse” if the annual volume of mortgage issuance falls below 4 trillion rubles, said Russian Deputy Prime Minister Marat Khusnullin. “We would like to see at least as many mortgages issued in 2026 as in 2025. We understand that to maintain the necessary pace of construction, we…
In 2025, more than 20 Russian clothing and footwear brands closed all their retail outlets. A year earlier, there were only four such companies. This follows from the data of the consulting organization CORE.XP, which are cited by “Vedomosti”. Clothing sellers Incity, Mai Collection, Mudo, Noun, Ready! Steady! Go!, Yollo, shoe retailers Megatop and Urban…
Industrial production in Russia in November 2025 began to decline, reported Rosstat. Overall, the economy’s output volumes decreased by 0.7% in annual terms, and in the manufacturing sector, they fell into the red for the first time since February 2023 – by 1% year-on-year. Mining increased by 0.7%, but sectors outside the raw materials industry…
From January 1, Russia plans to change the system of calculating the eco-tax on car tires, sources of Izvestia in the government reported. According to them, the rate will now depend on the carcinogenicity of the materials used for production. In particular, when using environmentally hazardous compounds, one of the coefficients for calculating the eco-tax…
Russian developers are reducing the construction of economy-class housing. In 2023, every fourth new apartment (26.7%) was offered in this segment, in 2024 – already every fifth (21.3%), and by November of this year, the figure dropped to 17.8%. This follows from the data of the federal company “Etaji”, which are cited by “Izvestia”. Over…
One of the most popular drugs for the treatment of schizophrenia, psychoses, and bipolar disorder, “Seroquel”, has started to disappear from Russian pharmacies. The neuroleptic drug is not available in the popular dosages of 25 mg and 100 mg in most large pharmacy chains – “Rigla”, “Stolichki”, “Neofarma”, “Gorzdrav”, and “36.6”, the “Kommersant” newspaper found.…
Pivdennyi Port has reopened for vessel entry and departure. Operations in the port’s waters are being carried out in compliance with necessary safety measures and restrictions. This was reported by the Ukrainian Sea Ports Authority on Telegram. The authority added that oily slicks had also been detected in the waters of the port of Chornomorsk.…