Latest Business News from Russia

Tyumen Man Trades Office for Brewery and Meadery
Tyumen Man Trades Office for Brewery and MeaderyDmitry Podoksenov, a former employee of a leasing company, has become the only producer of craft beer and mead in the region.
Tyumen's Sole Craft Beer and Mead BrewerTyumen's Sole Craft Beer and Mead Brewer
Tyumen's Sole Craft Beer and Mead BrewerA former leasing firm employee from Tyumen has become the city's only producer of craft beer and natural mead.
Hostel near G-Drive Arena sold for 19.8 million rublesHostel near G-Drive Arena sold for 19.8 million rubles
Hostel near G-Drive Arena sold for 19.8 million rublesA hostel near the G-Drive Arena in Omsk, which opened two years ago, is now on the market for 19.8 million rubles.
People's Choice: 100 Companies to be Awarded in ArkhangelskPeople's Choice: 100 Companies to be Awarded in Arkhangelsk
People's Choice: 100 Companies to be Awarded in ArkhangelskA formal ceremony will be held at the government of Arkhangelsk Oblast, where 100 top companies chosen by local residents will be honored.
St. Petersburg Opens a Hotel and Seven Aparthotels
St. Petersburg Opens a Hotel and Seven AparthotelsIn 2025, St. Petersburg added one classic hotel and seven aparthotels, leading to a 15% increase in room inventory compared to 2024.
Omsk Region takes 13th place in business mortality rankingOmsk Region takes 13th place in business mortality ranking
Omsk Region takes 13th place in business mortality rankingIn 2025, more companies closed than opened in Omsk Region. This placed the region 13th in a national business mortality ranking.
Ryazan Forecasts Restaurant Closures Amid Period of UncertaintyRyazan Forecasts Restaurant Closures Amid Period of Uncertainty
Ryazan Forecasts Restaurant Closures Amid Period of UncertaintyRestaurateurs in Ryazan are assessing their future as they face economic uncertainty and potential closures, mirroring trends in Moscow.
People's Award 72.RU Kicks Off with Emotions and Voting
People's Award 72.RU Kicks Off with Emotions and VotingThe third People's Award 72.RU has started in Tyumen, enabling residents to vote for the city's best companies through an online platform.
People's Award 72.RU launch video captures debates and surprisesPeople's Award 72.RU launch video captures debates and surprises
People's Award 72.RU launch video captures debates and surprisesThe People's Award 72.RU has launched its third edition. Tyumen residents can now vote to select the city's best businesses.
Smikom Holding May Acquire Vostokcement from Ex-Mayor PushkarevSmikom Holding May Acquire Vostokcement from Ex-Mayor Pushkarev
Smikom Holding May Acquire Vostokcement from Ex-Mayor PushkarevThe Smikom holding is seeking to acquire the assets of Vostokcement, a concrete producer formerly owned by ex-mayor Igor Pushkarev, which have recently been transferred to state ownership.
Yakutia sets record silver extraction; key companies listedYakutia sets record silver extraction; key companies listed
Yakutia sets record silver extraction; key companies listedIn 2025, Yakutia extracted over 500 tons of silver for the first time, achieving a historic milestone.
Ferris Wheel from Divny Ostrov Listed for Sale on AvitoFerris Wheel from Divny Ostrov Listed for Sale on Avito
Ferris Wheel from Divny Ostrov Listed for Sale on AvitoA 2013 Italian-made attraction is listed for 60 million rubles (approximately $667,000 at current rates). The ad was posted by a company linked to the park's owner.
Asian bistro Ofuji closes in TyumenAsian bistro Ofuji closes in Tyumen
Asian bistro Ofuji closes in TyumenThe establishment, named after the granddaughter of Dmitri Mendeleev, was located in a 19th-century historical building.
Tyumen's Ofudzi restaurant named after Mendeleev's granddaughter closesTyumen's Ofudzi restaurant named after Mendeleev's granddaughter closes
Tyumen's Ofudzi restaurant named after Mendeleev's granddaughter closesThe Asian bistro Ofudzi, named for a secret granddaughter of chemist Dmitri Mendeleev, has closed in Tyumen. It was located in a 19th-century building and operated for less than a year.
Krizo Plant Threatened with Bankruptcy by RBS
Krizo Plant Threatened with Bankruptcy by RBSThe company RBS, which specializes in ship repair, intends to file for bankruptcy of JSC Krizo Plant with an arbitration court due to non-fulfillment of financial obligations.
Tyumen's Yuzhny Market Prepared for DemolitionTyumen's Yuzhny Market Prepared for Demolition
Tyumen's Yuzhny Market Prepared for DemolitionEntrepreneurs have been served notices to dismantle their trading stalls by the end of March. The main market building is planned to be demolished by the end of April.
An Entire Market in Tyumen to Be DemolishedAn Entire Market in Tyumen to Be Demolished
An Entire Market in Tyumen to Be DemolishedEntrepreneurs at the Yuzhny market on Chaplin Street have already been served notices. The stalls are to be removed by the end of March, and the main building by the end of April.
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.