Latest Business News from Russia

Editor and Director of Zabaikalsky Rabochy ResignsEditor and Director of Zabaikalsky Rabochy Resigns
Editor and Director of Zabaikalsky Rabochy ResignsAndrey Belokopytoв, the director and editor-in-chief of Zabaikalsky Rabochy, has resigned, leaving Siberia's oldest newspaper temporarily without a leader.
State Institutions Lead Office Purchases in St. Petersburg
State Institutions Lead Office Purchases in St. PetersburgState organizations have become key purchasers of office space in St. Petersburg in 2025, with the share of sales exceeding rentals for the first time.
Third People's Award Launched in Tyumen with Updated NominationsThird People's Award Launched in Tyumen with Updated Nominations
Third People's Award Launched in Tyumen with Updated NominationsThe presentation for the 2026 People's Award was held in Tyumen, introducing new categories and explaining how residents can nominate local businesses.
Zabaikalsky Canned Horse Meat Now on WildberriesZabaikalsky Canned Horse Meat Now on Wildberries
Zabaikalsky Canned Horse Meat Now on WildberriesCanned horse meat from the Zabaikalsky brand 'Nashe Vsyo' is now available on the Wildberries marketplace, selling in sets of four cans.
New Candidates Emerge for Domodedovo Airport PurchaseNew Candidates Emerge for Domodedovo Airport Purchase
New Candidates Emerge for Domodedovo Airport PurchaseA repeat auction for the nationalized Domodedovo Airport is underway today, with bids from Sheremetyevo and Domodedovo representatives. Here are the applicants and why the previous sale failed.
Northerners choose top Arkhangelsk brands in clothing, cosmetics, foodNortherners choose top Arkhangelsk brands in clothing, cosmetics, food
Northerners choose top Arkhangelsk brands in clothing, cosmetics, foodResidents of Arkhangelsk Oblast have selected the ten best local brands from the Pomorie region, now finalists for the 29.RU People's Award.
Murmansk Fleet Files 3.7B Ruble Suit Against Shipyard
Murmansk Fleet Files 3.7B Ruble Suit Against ShipyardJSC Murmansk Gubernatorial Fleet has filed a lawsuit against PJSC North Shipyard for 3.7 billion rubles ($37 million at current rates). The claim is related to the non-fulfillment of obligations under construction contracts.
Opening of 'Mussel Place' restaurant delayed again in OmskOpening of 'Mussel Place' restaurant delayed again in Omsk
Opening of 'Mussel Place' restaurant delayed again in OmskThe opening of the street food restaurant 'Mussel Place' in Omsk has been postponed to February due to technical issues, with no exact date set.
Children's Goods Store to Close in Central ArkhangelskChildren's Goods Store to Close in Central Arkhangelsk
Children's Goods Store to Close in Central ArkhangelskThe owners announced when it will cease operations.
Moscow Firm to Extract Tungsten in Primorye's Zabytoe DepositMoscow Firm to Extract Tungsten in Primorye's Zabytoe Deposit
Moscow Firm to Extract Tungsten in Primorye's Zabytoe DepositA Moscow company has acquired the assets of Primorvolfram, enabling tungsten mining at the Zabytoe deposit in Primorye.
Urals Oligarchs Lose Business in Major 2025 NationalizationUrals Oligarchs Lose Business in Major 2025 Nationalization
Urals Oligarchs Lose Business in Major 2025 NationalizationThis autumn, Ural businessmen Artem Bikov and Alexei Bobrov saw their companies seized by the state.
Omsk Plant Temporarily Closed Due to Safety ViolationsOmsk Plant Temporarily Closed Due to Safety Violations
Omsk Plant Temporarily Closed Due to Safety ViolationsA court in Omsk has suspended operations at an energy equipment plant for 90 days after finding industrial safety violations. The plant must correct deficiencies during this time.
All Closed: Business Owners Evicted from Ryazan's Trade RowsAll Closed: Business Owners Evicted from Ryazan's Trade Rows
All Closed: Business Owners Evicted from Ryazan's Trade RowsEvery entrepreneur has left the historic Trade Rows in Ryazan, leaving the building completely empty, according to a local business owner and a YA62.RU journalist.
Tyumen companies can compete for the People's PrizeTyumen companies can compete for the People's Prize
Tyumen companies can compete for the People's PrizeIn Tyumen, the third People's Prize 72.RU has launched, where residents will choose the city's best businesses. Voting will take place in several stages.
Tyumen's Best Business Can Win City-Wide Fame: Here's HowTyumen's Best Business Can Win City-Wide Fame: Here's How
Tyumen's Best Business Can Win City-Wide Fame: Here's HowThe third annual People's Award by 72.RU is now open, inviting Tyumen residents to nominate their favorite local businesses for recognition.
Monro closes Karl Marx Avenue store in OmskMonro closes Karl Marx Avenue store in Omsk
Monro closes Karl Marx Avenue store in OmskA Monro shoe store branch on Karl Marx Avenue in Omsk has closed after operating since 2006, with five other locations remaining in the city.
Raising wages, breaking even: Saratov restaurants survive VAT hikeRaising wages, breaking even: Saratov restaurants survive VAT hike
Raising wages, breaking even: Saratov restaurants survive VAT hikeThe real business opinion: In January 2026, 45 popular venues closed in Moscow—a worrying signal for the entire industry. The wave of closures began in 2024 due to weakening demand, and in 2026 a new factor was added—a VAT increase and tighter benefit conditions.
Ural oligarchs' assets nationalized in Tyumen regionUral oligarchs' assets nationalized in Tyumen region
Ural oligarchs' assets nationalized in Tyumen regionThis autumn, Ural oligarchs Artyom Bikov and Alexei Bobrov lost their companies to state nationalization, including key utilities in the Tyumen region.
Whoosh and YurentBike e-scooter merger opposed by antitrust serviceWhoosh and YurentBike e-scooter merger opposed by antitrust service
Whoosh and YurentBike e-scooter merger opposed by antitrust serviceThe electric scooter rental companies Whoosh and YurentBike are in talks to merge, but the Federal Antimonopoly Service is opposing the deal due to competition concerns.
Deputies criticize cancellation of benefits for buying municipal landDeputies criticize cancellation of benefits for buying municipal land
Deputies criticize cancellation of benefits for buying municipal landThe St. Petersburg parliament has passed in first reading a bill to cancel some benefits for businesses buying land plots. Elected representatives fear that this will be followed by an increase in rent, leaving entrepreneurs with no choice.
Samara businesswoman joins 'I am/We are Mashenka' flashmobSamara businesswoman joins 'I am/We are Mashenka' flashmob
Samara businesswoman joins 'I am/We are Mashenka' flashmobSmall business owners across Russia are sharing stories of failure in a flashmob inspired by a bakery that appealed to President Putin. Hundreds of entrepreneurs say they are on the brink of closure due to new taxes and regulations.
St. Petersburg to tighten rules for kiosks on private landSt. Petersburg to tighten rules for kiosks on private land
St. Petersburg to tighten rules for kiosks on private landStarting September 1, St. Petersburg authorities will have the right to approve the installation of kiosks on private territories. The new rules could lead to the closure of thousands of pavilions.
St. Petersburg to Tighten Control Over Private Kiosks
St. Petersburg to Tighten Control Over Private KiosksGovernor Alexander Beglov announced new powers for city authorities in the non-stationary trade sector. This has become possible due to a federal bill that will come into force in 2026.
Channel 31 in Chelyabinsk appoints new directorChannel 31 in Chelyabinsk appoints new director
Channel 31 in Chelyabinsk appoints new directorOn January 28, Valery Shagiev stepped down as director of the Chelyabinsk media holding Channel 31, introducing chief editor Evgenia Morunova as his successor.
Nationalized Chelyabinsk TV channel appoints new headNationalized Chelyabinsk TV channel appoints new head
Nationalized Chelyabinsk TV channel appoints new headValery Shagiev, the longtime director of the nationalized Channel 31 in Chelyabinsk, has stepped down and introduced his successor, Yevgenia Morunova.