The plummeting prices of Russian oil after US sanctions against “Rosneft” and “Lukoil” have hit the finances of oil companies, which this year have already faced a 2-3 fold drop in profits. At the current price of Urals oil, oil companies are struggling to cover capital costs at a number of fields, two sources in…
A third of small and medium-sized entrepreneurs (SMEs) do not rule out the possibility of closing their businesses within the next six months, according to a survey conducted by the SME association “Opora Russia”, Promsvyazbank, the analytical center NAFI, and Magram Market Research. To the question “Do you envisage the possibility of closing your business…
Russian citizens are increasingly saving on food and switching to purchases in hard discounters due to the “economic context,” said Ekaterina Lobacheva, president of the X5 Group, the country’s largest retailer, which unites more than 27 thousand stores in all regions, in an interview with “Kommersant”. “In 2025, the growth of consumption slowed down. Previously,…
The cost of delivering containers with cargo from China to Russia and to Europe has differed several times over since October, analysts at the Gazprombank Economic Forecasting Center (CEP) noted. By mid-December, the container index of the Price Research Center (PRC) amounted to $6159, and delivering a container from the East to Rotterdam would cost…
The volume of non-payments by state-owned companies to Russian businesses in 2025 has soared by approximately 2.7 times in annual terms, writes “Vedomosti” with reference to the SME Corporation. We are talking about contracts concluded within the framework of public procurement (223-FZ). “If in 2024 there were 200 appeals for a total amount of 1.5…
The situation in the sugar industry of Vinnytsia region remains difficult, with only two sugar plants currently operating due to a shortage of raw materials. The Vinnytsia Regional Military Administration (RMA) reported this. “The situation in the sugar industry remains challenging. At present, only two sugar plants are operating,” the RMA stated. Officials noted that…
2025 marked a historic year for investment gold, both globally and in Bulgaria, with record prices and growing investor interest. Over the past 12 months, gold surged nearly 60% year-on-year, setting more than 50 new price peaks, confirming its position as one of the best-performing assets. Despite a brief correction in October, the market has…