Latest Business News from Russia

Police Raid Bars on Nekrasova Street
Police Raid Bars on Nekrasova StreetLaw enforcement conducted an inspection of drinking establishments on Nekrasova Street in St. Petersburg on February 4, during which they confiscated alcoholic tinctures.
Jeland at the Start: New Car Brand InfoJeland at the Start: New Car Brand Info
Jeland at the Start: New Car Brand InfoAGR Holding announced the launch of a new automotive brand Jeland in partnership with Chinese Defetoo. Production at the former GM plant in Shushary will begin in the first half of 2026.
Arkhangelsk Entrepreneurs Share Secret to Public LoveArkhangelsk Entrepreneurs Share Secret to Public Love
Arkhangelsk Entrepreneurs Share Secret to Public LoveEntrepreneurs from Arkhangelsk shared the secrets of winning public love at the semifinal of the People's Award, where residents selected the most trusted companies.
Finalists Turn to Stickers and Videos for VotesFinalists Turn to Stickers and Videos for Votes
Finalists Turn to Stickers and Videos for VotesFinalists of the 29.RU People's Award are using creative tactics, from stickers to viral videos, to encourage voting. Here are examples from top companies.
St Petersburg commercial realty investments fall, auctions riseSt Petersburg commercial realty investments fall, auctions rise
St Petersburg commercial realty investments fall, auctions riseTotal investments in commercial real estate of St. Petersburg and Leningrad Region in 2025 amounted to 75.1 billion rubles ($834 million at current rates), which is 8.5% less than in the previous year. Meanwhile, the share of auction deals increased significantly.
Aviation Expert: S7 Tu-214 Deliveries Not Before 2029Aviation Expert: S7 Tu-214 Deliveries Not Before 2029
Aviation Expert: S7 Tu-214 Deliveries Not Before 2029S7 Airlines will receive 100 Tu-214 aircraft from the Kazan Aviation Plant, but serial deliveries will not begin until 2029.
Kuzina Opens New Outlet After Years of DeclineKuzina Opens New Outlet After Years of Decline
Kuzina Opens New Outlet After Years of DeclineKuzina, once Novosibirsk's largest coffee chain, has opened its first new pastry shop in years after a period of decline marked by lawsuits and employee complaints.
Bashkiria to Build 49-Million-Ruble Tourist BaseBashkiria to Build 49-Million-Ruble Tourist Base
Bashkiria to Build 49-Million-Ruble Tourist BaseThe project for a 49-million-ruble tourist base in the Burzyansky District has been included in the priority investment list of Bashkiria, with support from regional authorities.
Omsk Lake to Be Leased for Commercial FishingOmsk Lake to Be Leased for Commercial Fishing
Omsk Lake to Be Leased for Commercial FishingResidents of Omsk Region have been asked to weigh in on a proposal to lease one of the region's lakes for commercial fishing, after which recreational fishing would be banned.
Owner to repurpose Daursky meat plant in KrasnokamenskOwner to repurpose Daursky meat plant in Krasnokamensk
Owner to repurpose Daursky meat plant in KrasnokamenskThe owner of the Daursky meat processing plant in Krasnokamensk, Zabaykalsky Krai, plans to repurpose the facility. Reasons for halting sausage production were given on February 4.
Kazan Tu-214 Serial Deliveries Begin in 2029Kazan Tu-214 Serial Deliveries Begin in 2029
Kazan Tu-214 Serial Deliveries Begin in 2029The United Aircraft Corporation (UAC), the transport leasing company GTLK, and S7 Group have signed a memorandum for the supply of 100 Tu-214 aircraft at the civil aviation infrastructure exhibition, with serial deliveries set to begin in 2029.
Entrepreneurs in Kurgan Region Added to Special RegisterEntrepreneurs in Kurgan Region Added to Special Register
Entrepreneurs in Kurgan Region Added to Special RegisterEntrepreneurs in Kurgan Region are increasingly being added to the federal register of dishonest suppliers, with 110 entries in 2025 — twice as many as the previous year, the local antimonopoly service reports.
Polar Geological Expedition Closed Over 300 Million Ruble DebtPolar Geological Expedition Closed Over 300 Million Ruble Debt
Polar Geological Expedition Closed Over 300 Million Ruble DebtThe Polar Marine Geological Exploration Expedition ceases operations on February 12. The liquidation was caused by a debt of nearly 300 million rubles for repairs to a research vessel.
Midiynoye Mesto Opening Stalled by Heating, VentilationMidiynoye Mesto Opening Stalled by Heating, Ventilation
Midiynoye Mesto Opening Stalled by Heating, VentilationThe restaurant Midiynoye Mesto on Lenina Street faced a delayed opening due to a dispute with landlord Kineks over heating and ventilation connections, leading to a court case.
PSB Launches Below-Market Acquiring Tariff for Zabaykalsky EntrepreneursPSB Launches Below-Market Acquiring Tariff for Zabaykalsky Entrepreneurs
PSB Launches Below-Market Acquiring Tariff for Zabaykalsky EntrepreneursIt suits companies with a turnover of more than 100,000 rubles (about 1,100 USD at current rates) per terminal per month.
New Frank by Basta restaurant at Marx SquareNew Frank by Basta restaurant at Marx Square
New Frank by Basta restaurant at Marx SquareThe new tenant has begun work at the former social fair premises on Marx Square. It will be the second Frank by Basta restaurant in Novosibirsk, scheduled to open around June 2026.
Tyumen's Siberian Trail Store Closes, Relocates to ProductionTyumen's Siberian Trail Store Closes, Relocates to Production
Tyumen's Siberian Trail Store Closes, Relocates to ProductionThe handmade shoe store 'Siberian Trail' in Tyumen closed its branch on Respubliki Street to optimize operations and move to its production site.
Siberian Trail store in Tyumen closes; mayor wore sneakersSiberian Trail store in Tyumen closes; mayor wore sneakers
Siberian Trail store in Tyumen closes; mayor wore sneakersThe Siberian Trail handmade shoe store on Respubliki Street in Tyumen has closed its retail location and moved to its production facility on Uritskogo Street, as part of cost-cutting measures. The brand is known for its custom sneakers worn by the city's mayor and governor.
Omsk's Midiynoye Mesto Sets Opening DateOmsk's Midiynoye Mesto Sets Opening Date
Omsk's Midiynoye Mesto Sets Opening DateThe restaurant will open on Lyubinsky Prospekt on Monday, February 9.
AGR plant assembles Chinese Jeland cars in Shushary
AGR plant assembles Chinese Jeland cars in ShusharyThe former General Motors plant in Shushary has begun assembling Chinese Jeland-brand cars, though official production launch is not planned until 2026.
Bashspirt to Pay Dearly for Vodka Label RightsBashspirt to Pay Dearly for Vodka Label Rights
Bashspirt to Pay Dearly for Vodka Label RightsBashspirt announced two tenders worth a combined 166.95 million rubles (approximately $1.85 million at current rates) for the right to apply labels to vodka bottles. The company seeks to purchase over 50 million labels for different varieties.
SSK Group Presents Development Strategy Until 2030SSK Group Presents Development Strategy Until 2030
SSK Group Presents Development Strategy Until 2030At the Vision-2026 conference in Krasnodar, the SSK group of companies unveiled its development plans for the next five years, emphasizing technology and human capital.
St. Petersburg Offers Standard Holiday Facade DecorationsSt. Petersburg Offers Standard Holiday Facade Decorations
St. Petersburg Offers Standard Holiday Facade DecorationsSt. Petersburg authorities have prepared standard facade decoration options for New Year and March 8, which can be placed without additional approval.
Smolny Establishes Facade Decoration RulesSmolny Establishes Facade Decoration Rules
Smolny Establishes Facade Decoration RulesAmendments to St. Petersburg's landscaping rules regulating holiday facade decorations are under discussion. Using standard templates will eliminate the need for additional approvals.
Two Carnations at the Door: Closure of Rostov Coffee Shop Sparks ScandalTwo Carnations at the Door: Closure of Rostov Coffee Shop Sparks Scandal
Two Carnations at the Door: Closure of Rostov Coffee Shop Sparks ScandalBusiness is incurring losses while social media looks for those to blame.