The Federal Tax Service (FTS) has demanded that dozens of companies involved in road construction pay a total of 9.5 billion rubles into the budget. This follows from the results of arbitration courts for 2024–2025, which were reviewed by “Izvestia”. This includes major contractors who participated in the construction of the M-12, M-4 “Don”, R-22…
Russian authorities are planning to postpone the start of construction of the Northern Latitudinal Railway (NLR), a railway corridor in the Arctic, for three years, the cost of which is estimated at more than 800 billion rubles, a source told Kommersant. According to him, for this, the government will suspend the implementation of the concession…
Russians are increasingly assessing their financial situation negatively and are becoming more pessimistic about the future of their personal finances, according to a survey by the “Public Opinion” Foundation (FOM). At the end of November, the share of citizens who complain about a worsening financial situation reached 25% – the maximum since 2022. Compared to…
The Volzhanin poultry factory, which supplies 20% of the chicken egg market in central Russia, has announced a temporary suspension of deliveries. According to a source from Kommersant, the reason was an outbreak of highly pathogenic avian influenza (HPAI) at the company’s site in the Yermakovo settlement of the Yaroslavl region. Shipments were suspended on…
In Russia, it is planned to build 2,062 new civilian ships by 2035, but funding for almost 1,500 of them has not yet been determined. This follows from the updated government’s prospective plan for civilian shipbuilding, sources familiar with the document told “Vedomosti”. According to them, the authorities are ready to allocate 1.14 trillion rubles…
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…