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Category Archives: Russia

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…

CAR SALES IN RUSSIA PLUMMETED AT THE BEGINNING OF THE YEAR

RussiaBy admin2026-01-27Leave a comment

Sales of new passenger cars fell after the increase in VAT and the scrappage tax. The second working week of the new year gives a worrying signal: sales decreased by 19% to 18,200 units compared to the previous week, and by 11% year-on-year, said the CEO of the analytical agency “AUTOSTAT”, Sergey Tselikov. “We can…

RUSSIAN BANKS CLOSED A RECORD NUMBER OF BRANCHES IN FOUR YEARS

RussiaBy admin2026-01-27Leave a comment

In 2025, Russian banks sharply accelerated the closure of branches across the country. A total of about 1,700 offices were liquidated, which is 3.6 times more than a year earlier. The figure was one of the highest over the observation period since 2019 and a record since 2021, when just over 1,700 branches were closed.…

AMID A DROP IN BIRTH RATES IN RUSSIA, SALES OF BABY FOOD HAVE PLUMMETED

RussiaBy admin2026-01-27Leave a comment

Sales of children’s products in Russia for 2025 decreased by 8%, according to data from the “OFD Platform”, reports “Kommersant”. Overall, the turnover of the Russian children’s goods market increased by 15% in 2025 and amounted to more than 2 trillion rubles. In the second half of 2025, the demand for baby food decreased by…

THE “ARMY” OF BANKRUPT RUSSIANS EXCEEDS 2 MILLION PEOPLE

RussiaBy admin2026-01-27Leave a comment

In 2025, nearly 568,000 Russians were declared bankrupt in court, and another 61,300 citizens received this status without a court hearing — through a simplified procedure. This follows the data from “Fedresurs”, which cites RBC. As a result, the total number of financially insolvent Russians since the introduction of the judicial bankruptcy institution in 2015…

LAPTOP SALES PLUMMETED BY 30% DUE TO RUSSIANS’ COST-CUTTING

RussiaBy admin2026-01-25Leave a comment

In 2025, laptop sales in Russia fell by 15–30%. In total, about 2.9 million devices were sold for 169–183 billion rubles over the year. This follows from the data of electronics manufacturer Fplus and the “M. Video” network, which cites “Vedomosti”. At the same time, according to the statistics of the company “Platform OFD”, the…

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