Latest Business News from Russia

Samara's wealthiest funeral directors named in Russian top-100Two companies from Samara Oblast are among Russia's 100 most influential funeral market participants, according to a ranking published by the Telegram channel 'Funeral Trust'.

Jan 27, 2026

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Property Committee Explains Suspension of Shopping Center DemolitionThe St. Petersburg Property Control Committee commented on the situation with the unfinished demolition of the 'Maxi Sopot' shopping center near Primorskaya metro station, which has been criticized by deputies.

Jan 27, 2026

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Governor Drozdenko to ask Manturov for tariffs on corundum importsGovernor of Leningrad Oblast Alexander Drozdenko intends to ask First Deputy Prime Minister Denis Manturov to impose tariffs on corundum imports to protect local production.

Jan 27, 2026

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Prosecutor General's Office files lawsuit to nationalize packaging producerThe Russian Prosecutor General's Office is demanding the nationalization of Pechatnya, a major packaging producer in St. Petersburg. An arbitration court has already frozen all shares of the enterprise.

Jan 27, 2026

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Magnit Opens Instant Noodle Snack Bars in NovosibirskThe Magnit retail chain is launching its first self-service ramen bars in Novosibirsk, with the initial locations set to open tomorrow.

Jan 27, 2026

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Krasnoyarsk entrepreneur's store flooded by upstairs groceryA store owned by Krasnoyarsk entrepreneur Ekaterina Gorchitsa was flooded by a leak from the 'Golden Autumn' grocery store above, damaging goods and equipment.

Jan 27, 2026

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Former Zhiznmart stores in Chelyabinsk close suddenlyStores under the Vkus i Lyudi brand, which left the Zhiznmart franchise last autumn, have ceased operations in Chelyabinsk. The outlets, which focused on ready-made meals, lasted less than six months.

Jan 26, 2026

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Rolls-Royce Convertible in Kazan Priced Like Elite ApartmentA 2017 Rolls-Royce Dawn convertible with low mileage is listed for sale in Kazan, with a price tag comparable to luxury real estate in the city center.

Jan 26, 2026

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Popular Karaoke Bar Closes in Omsk CenterThe Blackdoors karaoke bar in Omsk has shut down after nine years of operation, with its closure confirmed by management and mapping services.

Jan 26, 2026

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Legendary Ural Motorcycle Plant Struggles to Survive in the UralsA reporter visits the Irbit Motorcycle Plant to see how it endures after suspending exports of classic Ural bikes, relying on domestic orders and new ventures.

Jan 25, 2026

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Closed Tyumen Zarechye Factory Listed for 170 Million RublesThe Zarechye furniture factory complex in Tyumen is up for sale, with an asking price of 170 million rubles (approximately $1.7 million at current rates).

Jan 25, 2026

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Closed Tyumen furniture factory put up for saleThe building of the Zarechye furniture factory in Tyumen has been listed for sale for 170 million rubles (about $1.9 million at current rates). The company, which survived the post-war era and perestroika, entered liquidation in November 2025.

Jan 25, 2026

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Private Clinics in St. Petersburg: Wave of Acquisitions and DealsThe private healthcare market in St. Petersburg is expecting increased consolidation. Major players are actively buying small clinics, and investors are showing steady interest in the sector.

Jan 25, 2026

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How Russia's Legendary Ural Motorcycle Plant Is SurvivingThe Irbit Motorcycle Plant, famous for its Ural bikes, has stopped exporting classic models and is relying on domestic orders and new contracts to stay afloat.

Jan 24, 2026

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12 Stores That Left Zhiznmart Network Close in ChelyabinskThe ready-to-eat food stores under the brand 'Taste and People' did not last even half a year after exiting the Zhiznmart franchise.

Jan 24, 2026

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Baker Fights Tax Hike After Speaking to Putin on Live TVDenis Maximov, owner of Mashyenka bakery in Kraskovo, told MSK1.RU about unresolved tax issues a month after his exchange with President Vladimir Putin.

Jan 23, 2026

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Domodedovo's only buyer: 'It's not worth that much'Entrepreneur Evgeny Bogaty gave an exclusive comment on why he believes Domodedovo Airport is overpriced and why the auction failed.

Jan 23, 2026

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Domodedovo Airport auction fails; only bidder from ChechnyaAn auction to sell Moscow's Domodedovo Airport has collapsed after only one bidder, a businessman from Chechnya, submitted an application that failed to meet the requirements.

Jan 23, 2026

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Court reveals reason for bankruptcy claim against Krasnoyarsk restaurateurA bank has filed for bankruptcy against restaurateur Alexander Mitrakov as he acted as a guarantor for loans taken by his Moscow company Sky. Details were provided by the Krasnoyarsk Krai arbitration court.

Jan 22, 2026

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New fines for street trading proposed in St. PetersburgSt. Petersburg deputies have proposed imposing large fines on owners of trading kiosks who rent them out without having legal rights to do so.

Jan 22, 2026

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Perovsky Court to retry Ryazan millionaire over child poisoningsThe Moscow City Court earlier discovered violations during the case consideration, leading to a retrial.

Jan 22, 2026

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DUO Coffee Shops in Tyumen Cut MenuSalads and main courses have been removed from the menu at DUO chain coffee shops recently opened in Tyumen.

Jan 22, 2026

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Mass Poisoning Closes Urals Coffee Chain; Tyumen Branches AdjustFollowing a mass poisoning incident in Yekaterinburg, branches of the DUO coffee chain in Tyumen have removed salads, sandwiches, and main dishes from their menu.

Jan 22, 2026

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Two Major Restaurants Close in Aura Mall — What's Next?The Shikari chain has completely left Novosibirsk.

Jan 21, 2026

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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.

Jan 21, 2026

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