Latest Business News from Russia

Up to 30% of Rostov Restaurants May Close Amid CrisisUp to 30% of Rostov Restaurants May Close Amid Crisis
Up to 30% of Rostov Restaurants May Close Amid CrisisThe new year in Rostov-on-Don has begun with several restaurant closures. 161.RU spoke with restaurateurs and HoReCa market experts about the impact of the crisis and new tax policies.
People's voting for best businesses in Arkhangelsk starts soonPeople's voting for best businesses in Arkhangelsk starts soon
People's voting for best businesses in Arkhangelsk starts soonThe shortlist of finalists for the 29.RU People's Award in Arkhangelsk, Severodvinsk, and Novodvinsk will be announced this week, with public voting to follow.
Bank sues Krasnoyarsk restaurateur for bankruptcy over company debtBank sues Krasnoyarsk restaurateur for bankruptcy over company debt
Bank sues Krasnoyarsk restaurateur for bankruptcy over company debtA bank has filed for bankruptcy against Krasnoyarsk restaurateur Alexander Mitrakov, founder of 0.75 Group, over a debt from his Moscow company Sky LLC.
Old City Shopping Center in Yaroslavl Falls VacantOld City Shopping Center in Yaroslavl Falls Vacant
Old City Shopping Center in Yaroslavl Falls VacantIn Yaroslavl, the Old City shopping center has largely emptied out, and owner Roman Galagaev addressed the departure of most tenants.
Entrepreneur warns Venezuelan cocoa varieties may vanish with hybridsEntrepreneur warns Venezuelan cocoa varieties may vanish with hybrids
Entrepreneur warns Venezuelan cocoa varieties may vanish with hybridsSt Petersburg entrepreneur Vladimir Skarsoz, who grows cocoa in Venezuela, fears that the change in power could lead to the loss of traditional varieties as hybrids are introduced.
We'll Think About What to Do: Yaroslavl Shopping Center Empties OutWe'll Think About What to Do: Yaroslavl Shopping Center Empties Out
We'll Think About What to Do: Yaroslavl Shopping Center Empties OutThe owner of the 'Old City' shopping center in Yaroslavl has explained the reasons behind the mass exodus of businesses from the premises. The once-popular mall now has only one chain discount store operating on its first floor.
Kazan Tattoo Artists on Price Changes: 'Old-School Masters Suffer'Kazan Tattoo Artists on Price Changes: 'Old-School Masters Suffer'
Kazan Tattoo Artists on Price Changes: 'Old-School Masters Suffer'Tattoo artists in Kazan share how prices, employer attitudes, and work approaches have changed in recent years, with increased competition and evolving client demographics.
From sales to microgreens: Perm woman supplies restaurantsFrom sales to microgreens: Perm woman supplies restaurants
From sales to microgreens: Perm woman supplies restaurantsAnna Plotnikova left her sales job to start a microgreen farm in Perm, supplying restaurants and teaching in local schools. She launched the business during the pandemic and is now the city's largest supplier.
From Poverty to Oligarch: How Alsou's Father Built a Billion-Dollar EmpireFrom Poverty to Oligarch: How Alsou's Father Built a Billion-Dollar Empire
From Poverty to Oligarch: How Alsou's Father Built a Billion-Dollar EmpireRalif Safin rose from a farmhouse to become an oil tycoon, senator, and property magnate, using his wealth to launch his daughter's singing career and fund his sons' businesses. This is the story of the man who almost became the president of Bashkortostan.
Ural mourning florist crafts wreaths for exes with dark humorUral mourning florist crafts wreaths for exes with dark humor
Ural mourning florist crafts wreaths for exes with dark humorHelga traded the beauty business for the funeral industry and began developing supernatural abilities.
Siberian Craftswoman Earns Big with Russian Neo-Gothic Christmas ToysSiberian Craftswoman Earns Big with Russian Neo-Gothic Christmas Toys
Siberian Craftswoman Earns Big with Russian Neo-Gothic Christmas ToysSiberian artisan Anastasia Arefyeva makes handcrafted Christmas ornaments in a Russian neo-gothic style, with orders coming year-round and clients paying up to 4,000 rubles (about $50 at current rates) each.
Novosibirsk Family Bakes Hundreds of Gingerbread Houses, Even a KhrushchyovkaNovosibirsk Family Bakes Hundreds of Gingerbread Houses, Even a Khrushchyovka
Novosibirsk Family Bakes Hundreds of Gingerbread Houses, Even a KhrushchyovkaFor a decade, the Pereladov family's home bakery in Novosibirsk has been crafting traditional gingerbread houses, now including an edible replica of a Soviet-era apartment building.
From Bread to Fuel: What Tyumen's Factories ProduceFrom Bread to Fuel: What Tyumen's Factories Produce
From Bread to Fuel: What Tyumen's Factories ProduceYou might know some of these plants and factories, while others could be a real discovery.
Yekaterinburg Entrepreneurs Cite Problems Due to WhatsApp BlockingYekaterinburg Entrepreneurs Cite Problems Due to WhatsApp Blocking
Yekaterinburg Entrepreneurs Cite Problems Due to WhatsApp BlockingBusinesses in Yekaterinburg are facing challenges after disruptions to WhatsApp, which they previously relied on for client communication.
Siberian Warehouse Worker Becomes Niche PerfumerSiberian Warehouse Worker Becomes Niche Perfumer
Siberian Warehouse Worker Becomes Niche PerfumerA Siberian warehouse worker, Sergei Danilov, taught himself perfumery after being inspired by a childhood scent, and now creates niche fragrances from scratch, even crafting some ingredients by hand.
Siberian woman turns glass Christmas ornaments into nostalgic candlesSiberian woman turns glass Christmas ornaments into nostalgic candles
Siberian woman turns glass Christmas ornaments into nostalgic candlesA Siberian artisan from Novosibirsk creates candles that mimic vintage glass Christmas ornaments so perfectly that they are ordered from around the world.
Anesthesiologist from Ryazan Makes Toffees and Raises Diabetic SonAnesthesiologist from Ryazan Makes Toffees and Raises Diabetic Son
Anesthesiologist from Ryazan Makes Toffees and Raises Diabetic SonYevgenia Osipova, an anesthesiologist from Ryazan, balances her demanding medical career with making homemade toffees, caring for her son who has diabetes, and maintaining an active blog about her experiences.
Chelyabinsk Wildberries owner films daily tire delugeChelyabinsk Wildberries owner films daily tire deluge
Chelyabinsk Wildberries owner films daily tire delugeA Wildberries pickup point in Chelyabinsk is overwhelmed with tires, making it difficult for customers to enter, as the owner documents the daily influx of over 400 tires.
URA.RU staff report mass layoffs across regionsURA.RU staff report mass layoffs across regions
URA.RU staff report mass layoffs across regionsChief editor Diana Kozlova has explained that financial struggles are leading to voluntary resignations at URA.RU, following employee complaints.
Young Ural Mother Starts Business While PregnantYoung Ural Mother Starts Business While Pregnant
Young Ural Mother Starts Business While PregnantEvgenia Blonskaya from Yekaterinburg launched her business while six months pregnant, building a network of parcel pickup points that now operates with minimal daily involvement.
Giant greenhouses near Tyumen: inside video of operationsGiant greenhouses near Tyumen: inside video of operations
Giant greenhouses near Tyumen: inside video of operationsThe Narimanov greenhouses cover an area equivalent to two and a half districts of Novo-Komarovo.
Ufa barbershop owner quits business for shift workUfa barbershop owner quits business for shift work
Ufa barbershop owner quits business for shift work36-year-old Anton Shuraskin sold his last barbershop in Ufa after nine years in business to take up shift work in the North, citing burnout from the routine.
Businessman Alleges Cemetery Entry Fees in YekaterinburgBusinessman Alleges Cemetery Entry Fees in Yekaterinburg
Businessman Alleges Cemetery Entry Fees in YekaterinburgA representative of memorial company Danila-Master says installers at Yekaterinburg cemeteries have been forced to pay QR-code donations — about 5,000 rubles (≈$60 at current rates) — since July 2025.
Five Tyumen women who built businessesFive Tyumen women who built businesses
Five Tyumen women who built businessesThe stories of five Tyumen entrepreneurs show how personal passions became sustainable ventures. From a lakeside resort to a wedding label and a roaming indie bookstore, their projects grew despite crises.
Chelyabinsk geologist and wife run Arkaim innChelyabinsk geologist and wife run Arkaim inn
Chelyabinsk geologist and wife run Arkaim innTravelers from across Russia come for educational excursions through mountains and steppe, returning to explore Arkaim again with geologist Arkady Shokhin and guide Olga Shokhina, who founded the Sun Wanderer inn in 2013.