Latest Business News from Russia

Ural Dairy Plant Recovers From Tornado, Floods HitUral Dairy Plant Recovers From Tornado, Floods Hit
Ural Dairy Plant Recovers From Tornado, Floods HitIn an interview, the director of the Kushva dairy plant Molochnaya Blagodat (Milk Grace) listed the main problems facing the industry, from tornado damage to flooding and fuel shortages.
Teens get bank cards for gifts via QR: any risks?Teens get bank cards for gifts via QR: any risks?
Teens get bank cards for gifts via QR: any risks?A festival promotion let teenagers get gifts by applying for a bank card via QR code, raising concerns about hidden agreements and data sharing.
Young Ulan-Ude company to repair road to Tuzhi parkYoung Ulan-Ude company to repair road to Tuzhi park
Young Ulan-Ude company to repair road to Tuzhi parkA young company from Ulan-Ude has won a 130.2 million ruble ($1.45 million) contract to repair a road to the Tuzhi land art park and the village of Ukurik.
Itakinskoye Deposit Development Gets Final ApprovalsItakinskoye Deposit Development Gets Final Approvals
Itakinskoye Deposit Development Gets Final ApprovalsThe Itakinskoye gold deposit development in Zabaykalsky Krai gets approved by Glavgosexpertiza and Rosprirodnadzor; launch before 2028.
Moscow May Be Left Without School UniformsMoscow May Be Left Without School Uniforms
Moscow May Be Left Without School UniformsAhead of September 1, entrepreneurs filled warehouses and took out loans — everything burned down in a drone attack on Wildberries facilities, leaving up to 10,000 sellers in distress.
Drone Attacks on Wildberries Cost Ural Businessmen MillionsDrone Attacks on Wildberries Cost Ural Businessmen Millions
Drone Attacks on Wildberries Cost Ural Businessmen MillionsEntrepreneurs from Chelyabinsk lost millions in goods after Ukrainian drone attacks on Wildberries warehouses in Elektrostal and Kotovsk on July 18, and fear they may not receive timely compensation despite company promises.
Death and Money: The Bone-Burning Factory on GutuyevskyDeath and Money: The Bone-Burning Factory on Gutuyevsky
Death and Money: The Bone-Burning Factory on GutuyevskyTwenty years ago the air on Gutuyevsky Island was saturated with the smell of stewed bones and fat. Today, only ruins and a few rented buildings remain from the once profitable factory.
Ruins of a Bone-Burning Plant: History and FutureRuins of a Bone-Burning Plant: History and Future
Ruins of a Bone-Burning Plant: History and FutureOn St. Petersburg's Gutuevsky Island, the ruins of a 19th-century bone-burning plant await investors, but none have come forward. The plant once produced bone fat for taverns and earned millions.
Gukasyan Brothers' Decade of Kuban Funeral BusinessGukasyan Brothers' Decade of Kuban Funeral Business
Gukasyan Brothers' Decade of Kuban Funeral BusinessAfter the arrest of Krasnodar Krai's health minister, the head of the regional Bureau of Forensic Medical Examination quietly stepped down amid ongoing funeral business scandals.
Why Ozon and Wildberries Sell Fake ChanelWhy Ozon and Wildberries Sell Fake Chanel
Why Ozon and Wildberries Sell Fake ChanelDespite the «Honest Sign» system and trillions of rubles in turnover, marketplaces cannot eradicate counterfeit perfumes. Journalists investigated how this works using Chanel as an example.
Chanel for 700 Rubles: Trillions and AI Fail to Stop FakesChanel for 700 Rubles: Trillions and AI Fail to Stop Fakes
Chanel for 700 Rubles: Trillions and AI Fail to Stop FakesThe combined turnover of sellers on Russia's two largest marketplaces has reached 10 trillion rubles, but counterfeits thrive. Journalists investigated how fake Chanel perfume is sold with the "Honest Mark".
Property seized from Orkish and daughter over unpaid taxesProperty seized from Orkish and daughter over unpaid taxes
Property seized from Orkish and daughter over unpaid taxesThe Russian Federal Tax Service has seized assets from businessman Sergei Orkish, his daughter Anna Pyatkova, and others to recover a tax debt of over 23.7 million rubles (over $263,000 at current rates) related to the Aquario water park.
Inside RC Group: Luring Kazan Residents with Credit CardsInside RC Group: Luring Kazan Residents with Credit Cards
Inside RC Group: Luring Kazan Residents with Credit CardsA journalist went undercover to test how the controversial IT company RC Group recruits clients in Kazan, including pressure to take out credit cards.
Kvartal Faces Bankruptcies and Criminal Cases Amid Power OutagesKvartal Faces Bankruptcies and Criminal Cases Amid Power Outages
Kvartal Faces Bankruptcies and Criminal Cases Amid Power OutagesWe investigate how the scandalous firm is linked to a major waste operator and why its director and co-owner face trial.
Yakutian Platform Owes 734,000 Rubles to Indigenous TheaterYakutian Platform Owes 734,000 Rubles to Indigenous Theater
Yakutian Platform Owes 734,000 Rubles to Indigenous TheaterThe management of the Yakutian app Most has gone silent as it owes over 734,000 rubles (about $7,700 at current rates) to the Theater of Indigenous Minorities of the North for sold tickets.
Tsenalom Chain Faces Bankruptcy ClaimTsenalom Chain Faces Bankruptcy Claim
Tsenalom Chain Faces Bankruptcy ClaimEntrepreneur Alexei Klimenkov has filed a bankruptcy claim against the Krasnoyarsk discount chain Tsenalom, which was among the top 10 in revenue.
Vote for the Best in 29.RU People's AwardVote for the Best in 29.RU People's Award
Vote for the Best in 29.RU People's AwardFrom each top ten semifinalists, which company do you trust the most? Vote now in the 29.RU People's Award to choose the winner in each category.
24-hour Chita store loses license for night alcohol sales24-hour Chita store loses license for night alcohol sales
24-hour Chita store loses license for night alcohol salesComplaints to the governor prompted a raid on a Chita 24-hour store, leading to the suspension of its alcohol license for illegal night sales.
What Are the Million-Dollar NFTs Worth Now?What Are the Million-Dollar NFTs Worth Now?
What Are the Million-Dollar NFTs Worth Now?The NFT market has experienced a massive crash, and many digital assets bought for millions have sharply depreciated. Only a few projects that managed to turn into sustainable brands survived.
Wildberries to Open Logistics Complex in SaratovWildberries to Open Logistics Complex in Saratov
Wildberries to Open Logistics Complex in SaratovThe first phase of a new logistics complex in Saratov, designed for 23 million units of goods, will begin operations soon.
After Putin Tasted Pies, Bakery Faces Tax SpikeAfter Putin Tasted Pies, Bakery Faces Tax Spike
After Putin Tasted Pies, Bakery Faces Tax SpikeA month after Putin tasted his pies on live TV, the owner of a small Moscow-region bakery is battling a 50-fold tax increase that threatens to shut him down.
Interview: The Hard Truth About Funeral BusinessInterview: The Hard Truth About Funeral Business
Interview: The Hard Truth About Funeral BusinessWe spoke with Kirill Nazarov, owner of funeral service Zavet, about how scammers exploit grieving families and the dark side of the funeral industry.
Gold and Silver Mining to Start in Oymyakonsky District, YakutiaGold and Silver Mining to Start in Oymyakonsky District, Yakutia
Gold and Silver Mining to Start in Oymyakonsky District, YakutiaThe OKTO Gold group has announced a tender for developing the Khangalas gold deposit in Yakutia's Oymyakonsky District, with reserves of over 8 tonnes of gold and 13 tonnes of silver.
Black Funeral Agents Pay for Death InformationBlack Funeral Agents Pay for Death Information
Black Funeral Agents Pay for Death InformationIn Omsk, 'black' funeral agents pay emergency services 20,000 to 50,000 rubles ($210 to $530 at current rates) for information about deaths, and funeral service owner Kirill Nazarov warns of scams.
St. Petersburg Industrial Production Grows 5.4% in 2025
St. Petersburg Industrial Production Grows 5.4% in 2025The industrial production index for St. Petersburg in 2025 reached 105.4%. The data was published by Petrostat on 4 February.