Latest Business News from Russia

Why Computer Clubs Are Thriving Again in Tyumen and Who Owns ThemWhy Computer Clubs Are Thriving Again in Tyumen and Who Owns Them
Why Computer Clubs Are Thriving Again in Tyumen and Who Owns ThemMajor and well-known entrepreneurs have entered the gaming business in Tyumen.
St. Petersburg Taxis Demand Equal Rights with Federal CompetitorSt. Petersburg Taxis Demand Equal Rights with Federal Competitor
St. Petersburg Taxis Demand Equal Rights with Federal CompetitorSt. Petersburg parliamentarians plan to appeal to federal authorities with an initiative to add local taxi services to the 'white list,' which would allow them to operate during mobile internet outages.
Four Industrial Parks Operating in Tyumen RegionFour Industrial Parks Operating in Tyumen Region
Four Industrial Parks Operating in Tyumen RegionThe regional government announced the establishment of four industrial zones. Two were set up in 2016, and the other two in 2025.
Industrial parks count in Tyumen region revealed by authoritiesIndustrial parks count in Tyumen region revealed by authorities
Industrial parks count in Tyumen region revealed by authoritiesAuthorities have revealed that four industrial parks are located across the vast territories of the Tyumen region.
St. Petersburg Taxis Demand White List Inclusion
St. Petersburg Taxis Demand White List InclusionSt. Petersburg taxi services have requested to be included in the white list of the Ministry of Digital Development to operate during internet shutdowns. This was reported by Alexei Tsivilev, head of the transport commission of the city's Legislative Assembly.
Florinskiy Restaurant in Yekaterinburg to Close in FebruaryFlorinskiy Restaurant in Yekaterinburg to Close in February
Florinskiy Restaurant in Yekaterinburg to Close in FebruaryThe establishment, opened in 2024, will cease operations on February 7. The closure was confirmed by the venue without specifying the reasons.
Florinskiy Restaurant in Yekaterinburg Center to CloseFlorinskiy Restaurant in Yekaterinburg Center to Close
Florinskiy Restaurant in Yekaterinburg Center to CloseThe Florinskiy restaurant in Yekaterinburg, which opened in 2024 and is housed in a historic mansion restored by an oligarch, will cease operations on February 7.
Cherries in Yekaterinburg Priced Like Red CaviarCherries in Yekaterinburg Priced Like Red Caviar
Cherries in Yekaterinburg Priced Like Red CaviarLarge imported cherries have arrived in the city, with prices reaching 5,500 rubles (about $61 at current rates) per kilogram.
Leonid Mikhelson Ranks 95th in Bloomberg Billionaires IndexLeonid Mikhelson Ranks 95th in Bloomberg Billionaires Index
Leonid Mikhelson Ranks 95th in Bloomberg Billionaires IndexLeonid Mikhelson has taken 95th place in the Bloomberg Billionaires Index. His fortune has grown by $1.93 billion since the start of 2026.
Huge Cherries Brought to Yekaterinburg at Caviar PricesHuge Cherries Brought to Yekaterinburg at Caviar Prices
Huge Cherries Brought to Yekaterinburg at Caviar PricesThe city's most expensive cherries, imported and priced comparably to red caviar, are now available in Yekaterinburg.
SIBUR main shareholder Leonid Mikhelson re-enters world's top 100 richestSIBUR main shareholder Leonid Mikhelson re-enters world's top 100 richest
SIBUR main shareholder Leonid Mikhelson re-enters world's top 100 richestLeonid Mikhelson, co-owner of Novatek and main shareholder of SIBUR, has returned to the top 100 richest people globally, ranking 95th in Bloomberg's list as of early February.
Ural-based Zhiznmart chain exits St. Petersburg
Ural-based Zhiznmart chain exits St. PetersburgThe Yekaterinburg-based grocery chain Zhiznmart has significantly reduced the number of its stores in St. Petersburg. Currently, only one franchised store remains in the city.
Pulkovo Airport's new logo by Artemy Lebedev draws mixed reviewsPulkovo Airport's new logo by Artemy Lebedev draws mixed reviews
Pulkovo Airport's new logo by Artemy Lebedev draws mixed reviewsPulkovo Airport has presented a new logo designed by Artemy Lebedev Studio. Residents of St. Petersburg are actively discussing the design, finding both merits and flaws in it.
Perfume chain Parfum-Lider cuts stores in TyumenPerfume chain Parfum-Lider cuts stores in Tyumen
Perfume chain Parfum-Lider cuts stores in TyumenOnly three stores of the Parfum-Lider chain now remain in the Tyumen region.
Well-known perfume chain closes its stores in TyumenWell-known perfume chain closes its stores in Tyumen
Well-known perfume chain closes its stores in TyumenThe Perfume-Lider cosmetics chain is shutting down its stores in Tyumen and the surrounding region, with only three locations remaining.
Chery transfers Omoda production to AGR plant in St. Petersburg
Chery transfers Omoda production to AGR plant in St. PetersburgThe AGR group plans to set up assembly of Omoda crossovers at the former General Motors plant in St. Petersburg in 2026.
Married at 10, father at 14: Romani man's dual life in YekaterinburgMarried at 10, father at 14: Romani man's dual life in Yekaterinburg
Married at 10, father at 14: Romani man's dual life in YekaterinburgMaxim Ditsa became a grandfather by age 30 while running a bar business and adhering to Romani traditions in Yekaterinburg.
Chelyabinsk Residents Angered by Wildberries Pick-Up Point in Closed CourtyardChelyabinsk Residents Angered by Wildberries Pick-Up Point in Closed Courtyard
Chelyabinsk Residents Angered by Wildberries Pick-Up Point in Closed CourtyardResidents of a Chelyabinsk courtyard are outraged over plans to open a Wildberries delivery point in their enclosed area, fearing privacy breaches. Marketplace representatives, the management company, and a lawyer explain the legal and community implications.
BitRiver founder accused of tax evasionBitRiver founder accused of tax evasion
BitRiver founder accused of tax evasionIgor Runets, founder of mining company BitRiver, has been charged with tax evasion and placed under house arrest, according to TASS on February 2.
Hyundai will not buy back its former St. Petersburg plantHyundai will not buy back its former St. Petersburg plant
Hyundai will not buy back its former St. Petersburg plantSouth Korean automaker Hyundai Motor has confirmed it will not use its option to repurchase its former enterprise in St. Petersburg. The deadline for this decision expired in January.
'Indians Will Work in Our Fields': Interview with Chairman of Omsk's Biggest Farm'Indians Will Work in Our Fields': Interview with Chairman of Omsk's Biggest Farm
'Indians Will Work in Our Fields': Interview with Chairman of Omsk's Biggest FarmVladimir Gerk, head of the SPK 'Yermak' agricultural cooperative, discusses delayed harvests, low grain prices, and the potential need for foreign workers like Indians.
Where Will We Go? Tyumen's 1990s Market Braces for DemolitionWhere Will We Go? Tyumen's 1990s Market Braces for Demolition
Where Will We Go? Tyumen's 1990s Market Braces for DemolitionTyumen's Southern Market, a relic from the 1990s, is slated for demolition to make way for a road expansion on Chaplyna Street.
Pyaterochka Expands Far East with Primorye Logistics HubPyaterochka Expands Far East with Primorye Logistics Hub
Pyaterochka Expands Far East with Primorye Logistics HubX5 Group will open a new distribution center in Primorye to supply its Pyaterochka stores in the Far East, after gaining resident status in an advanced development territory.
Chelyabinsk's Stylish Clothing Store Closes After 16 YearsChelyabinsk's Stylish Clothing Store Closes After 16 Years
Chelyabinsk's Stylish Clothing Store Closes After 16 YearsThe owners of the clothing store Stylish in Chelyabinsk have closed its doors after 16 years, sending unsold items to charity shops.
Stylish Clothing Store in Chelyabinsk Closes Its DoorsStylish Clothing Store in Chelyabinsk Closes Its Doors
Stylish Clothing Store in Chelyabinsk Closes Its DoorsThe Stylish clothing store in Chelyabinsk has ceased operations after 16 years. Some merchandise was sold off, and the remainder was donated to charity shops.