Latest Business News from Russia

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.
Tyumen's Benat Distillery Sold to New OwnerTyumen's Benat Distillery Sold to New Owner
Tyumen's Benat Distillery Sold to New OwnerThe alcohol plant has been transferred to private ownership, with the sale proceeds earmarked to fund the regional budget deficit.
Tyumen Authorities Sell Off Major Alcohol PlantTyumen Authorities Sell Off Major Alcohol Plant
Tyumen Authorities Sell Off Major Alcohol PlantThe regional government has transferred the shares of the Benat distillery to a new owner, with the proceeds from the sale being used to cover the regional budget deficit.
Yakutia leads Far East gold mining in 2025Yakutia leads Far East gold mining in 2025
Yakutia leads Far East gold mining in 2025The republic mined 56.9 tons of gold, making it the regional leader, while Magadan Oblast took second place with 55.1 tons.
Construction of gold extraction plant starts in Zabaykalsky KraiConstruction of gold extraction plant starts in Zabaykalsky Krai
Construction of gold extraction plant starts in Zabaykalsky KraiConstruction has begun on a gold extraction plant at Nornickel's Zabaykalsky division, with the agreement signed at the Eastern Economic Forum.
Novosibirsk's Burger Records sold quickly to new ownersNovosibirsk's Burger Records sold quickly to new owners
Novosibirsk's Burger Records sold quickly to new ownersThe new owners of Burger Records outlets in Novosibirsk and the brand's founder have shared their plans for the future.
Avito Reports Order Pick-Up Points Sales Double in ChitaAvito Reports Order Pick-Up Points Sales Double in Chita
Avito Reports Order Pick-Up Points Sales Double in ChitaAnalysts from Avito Business 360 have released preliminary 2025 data, showing demand surges for beauty and health franchises and growth in IT and agriculture ready-made businesses in Chita.
Alrosa's Diamond Production Falls in 2025Alrosa's Diamond Production Falls in 2025
Alrosa's Diamond Production Falls in 2025Alrosa, Russia's leading diamond miner, produced 29.7 million carats in 2025, a planned decrease from 33 million in 2024.
Tax Break for Landlords: A Hidden RiskTax Break for Landlords: A Hidden Risk
Tax Break for Landlords: A Hidden RiskThe Federal Tax Service has proposed that entrepreneurs not pay property tax on real estate used in business, but this savings could turn into multi-million losses when selling the property.
Doctor's company plans 40M-ruble medical center in BashkiriaDoctor's company plans 40M-ruble medical center in Bashkiria
Doctor's company plans 40M-ruble medical center in BashkiriaA doctor's company plans to construct a medical center in the Chishmy district of Bashkiria, with the project expected to take five years and cost over 40 million rubles.
Mini-Krasnaya Polyana Near Krasnodar: New Sober-Bash Resort PlansMini-Krasnaya Polyana Near Krasnodar: New Sober-Bash Resort Plans
Mini-Krasnaya Polyana Near Krasnodar: New Sober-Bash Resort PlansA new eco-resort, Sober-Bash, is set to open an hour from Krasnodar, becoming the closest tourist cluster to the city with a winery, thermal complex, and cable car.
Former Nokian Tyres Plant Changes Owner AgainFormer Nokian Tyres Plant Changes Owner Again
Former Nokian Tyres Plant Changes Owner AgainThe Ikon Tyres enterprise in Vsevolozhsk, previously owned by the Finnish company Nokian Tyres, has come under the control of JSC Tatneftkhiminvest-Holding. The ownership change was registered in the Unified State Register of Legal Entities on January 29.
Foreign signs to be removed from Omsk streetsForeign signs to be removed from Omsk streets
Foreign signs to be removed from Omsk streetsStarting March 1, a new nationwide law will come into effect, restricting the use of foreign words in signs, navigation, and store names. The changes will affect Omsk businesses, according to the region's governor.
Arkhangelsk Honors Popular Entrepreneurs in Award CeremonyArkhangelsk Honors Popular Entrepreneurs in Award Ceremony
Arkhangelsk Honors Popular Entrepreneurs in Award CeremonyOne hundred companies from Arkhangelsk Oblast were celebrated as finalists for the People's Prize 29.RU, selected through public voting.
Kazan limeberry trend: what it is and priceKazan limeberry trend: what it is and price
Kazan limeberry trend: what it is and priceA viral dessert called limeberry, made from freeze-dried strawberries coated in lime-flavored chocolate, has become popular in Kazan, with sellers offering it at various prices.
Expert Denies Mass Business Exodus in KrasnoyarskExpert Denies Mass Business Exodus in Krasnoyarsk
Expert Denies Mass Business Exodus in KrasnoyarskNikita Chudinov, head of a business sales agency, states that there is no mass departure of owners from the Krasnoyarsk market.
Russian Down Jackets for Yakutian Frosts: Why Unknown at Home?Russian Down Jackets for Yakutian Frosts: Why Unknown at Home?
Russian Down Jackets for Yakutian Frosts: Why Unknown at Home?The brand is quite capable of competing with global brands, but it lacks recognition.
Pulkovo Airport Unveils Updated Logo by Lebedev StudioPulkovo Airport Unveils Updated Logo by Lebedev Studio
Pulkovo Airport Unveils Updated Logo by Lebedev StudioPulkovo Airport has updated its brand symbol with a new logo designed by Artemy Lebedev Studio. The design incorporates images of airplane tails, drawbridges, and the letter 'L'.
Japanese bar closes at Planeta mall food park in KrasnoyarskJapanese bar closes at Planeta mall food park in Krasnoyarsk
Japanese bar closes at Planeta mall food park in KrasnoyarskA Japanese bar has closed on the food court of the Planeta mall in Krasnoyarsk, marking another departure from the location.
Popular Murmansk Cafe Bublik Closes on Domostroitelnaya StreetPopular Murmansk Cafe Bublik Closes on Domostroitelnaya Street
Popular Murmansk Cafe Bublik Closes on Domostroitelnaya StreetCafe Bublik, located in the Megastroy hypermarket on Domostroitelnaya Street, is closing after its last day of operation on January 30. It was a favorite among locals for its affordable prices and cozy atmosphere.
Zoomers Buy Vanity Numbers; Cancers, Geminis Top Mortgage BorrowersZoomers Buy Vanity Numbers; Cancers, Geminis Top Mortgage Borrowers
Zoomers Buy Vanity Numbers; Cancers, Geminis Top Mortgage BorrowersThis digest highlights notable business events and trends from January, covering consumer preferences in telecom, real estate demographics, and technology adoption.
Tsentr-Kniga on Marx Avenue announces closureTsentr-Kniga on Marx Avenue announces closure
Tsentr-Kniga on Marx Avenue announces closureAnother Tsentr-Kniga bookstore in Omsk is closing its doors, this time at 29 Marx Avenue. By summer, only three branches of the chain may remain in the city.