Latest Business News from Russia

Rendezvous Faces Scandal After Lavish Courchevel CelebrationRendezvous Faces Scandal After Lavish Courchevel Celebration
Rendezvous Faces Scandal After Lavish Courchevel CelebrationA scandal has erupted around the Rendezvous clothing and footwear chain following a luxurious press tour in Courchevel for its boutique's 16th and company's 25th anniversary. Employees have complained of salary cuts, which the company denies.
Pulkovo Airport Wins Court Case Related to Pobeda
Pulkovo Airport Wins Court Case Related to PobedaPulkovo Airport has refuted accusations of discrimination against the airline Pobeda. The St. Petersburg City Court supported the airport's position in the legal proceedings.
Implementing Bitrix24: Nuances Clients Need to KnowImplementing Bitrix24: Nuances Clients Need to Know
Implementing Bitrix24: Nuances Clients Need to KnowThe platform combines CRM capabilities, automation and communication systems, and a corporate portal.
Vasilyeva Comments on the Situation at PNTVasilyeva Comments on the Situation at PNT
Vasilyeva Comments on the Situation at PNTFormer co-owner Elena Vasilyeva explained the company's financial results and the conflict over dividend payments, following the state's takeover of the terminal.
Sludskie Bani Bath Complex for Sale in Perm CenterSludskie Bani Bath Complex for Sale in Perm Center
Sludskie Bani Bath Complex for Sale in Perm CenterA bath complex in central Perm is listed for 50 million rubles, including two buildings with all utilities and a land plot.
‘Old-school masters are suffering’: Kazan tattooists on price changes‘Old-school masters are suffering’: Kazan tattooists on price changes
‘Old-school masters are suffering’: Kazan tattooists on price changesHave tattoo prices changed in recent years? How do Russian tattoo enthusiasts differ from those abroad? A 116.RU correspondent spoke with Kazan masters about all this.
Owners Name Reasons for Golden Bus Station DelaysOwners Name Reasons for Golden Bus Station Delays
Owners Name Reasons for Golden Bus Station DelaysThe owners of the Golden bus station and shopping center have cited a shortage of qualified labor and supply chain issues as causes for the six-year construction delay, with completion now expected in late 2026.
Golden bus terminal owners explain long construction delaysGolden bus terminal owners explain long construction delays
Golden bus terminal owners explain long construction delaysOwners of the Golden bus terminal and shopping center in Yekaterinburg's Botanika district have outlined the challenges causing delays, with construction starting in 2020.
Five eateries put up for sale in Novosibirsk, including Burger RecordsFive eateries put up for sale in Novosibirsk, including Burger Records
Five eateries put up for sale in Novosibirsk, including Burger RecordsTwo Burger Records outlets and three other establishments in the city are on the market. We look at how much the owners are asking for them.
Krasnoyarsk Businessman Denies Receiving Threats Before Son's KidnapKrasnoyarsk Businessman Denies Receiving Threats Before Son's Kidnap
Krasnoyarsk Businessman Denies Receiving Threats Before Son's KidnapAndrei Kaplia, a Krasnoyarsk businessman, denies any threats before his son's kidnapping. He says the incident is unrelated to his business.
Old-School Tattoo Masters Feel Pinch as Prices EvolveOld-School Tattoo Masters Feel Pinch as Prices Evolve
Old-School Tattoo Masters Feel Pinch as Prices EvolveTattoo artists in Kazan reveal how prices have shifted in recent years, with increased competition and changing client demographics. They note that while material costs have risen, demand remains steady.
A Lenta supermarket at Marx Street mall is replaced by a discounterA Lenta supermarket at Marx Street mall is replaced by a discounter
A Lenta supermarket at Marx Street mall is replaced by a discounterThe supermarket chain Lenta has closed its store in the Fantasia Gallery shopping center in Novosibirsk, with the discount chain Chizhik set to take over the space. This will be the location's third tenant.
Novosibirsk cosmetics store closes after 10 years, owner cites reasonsNovosibirsk cosmetics store closes after 10 years, owner cites reasons
Novosibirsk cosmetics store closes after 10 years, owner cites reasonsThe Mymusthave cosmetics, accessories, and household goods store in Novosibirsk is closing, with its final days on 15–16 February. Founder Elena Mushta explained the decision was due to declining sales, competition from online marketplaces, and rising rent.
Shkulev Holding to Support Talented Student Media ProjectsShkulev Holding to Support Talented Student Media Projects
Shkulev Holding to Support Talented Student Media ProjectsShkulev Holding, a leading Russian media company, has opened applications for its student accelerator aimed at nurturing media and digital projects.
Tyumen couple creates miniature souvenirs of iconic buildingsTyumen couple creates miniature souvenirs of iconic buildings
Tyumen couple creates miniature souvenirs of iconic buildingsA Tyumen couple started making detailed mini replicas of local buildings after finding no good souvenirs, and now their creations are sold across the city's tourist locations.
Two Omsk vodka brands top Russian award rankingsTwo Omsk vodka brands top Russian award rankings
Two Omsk vodka brands top Russian award rankingsVodkas from Omsk-based Alcohol Siberian Group (ASG) have been recognized among the best in Russia, making the top 10 in two categories of the national 'Drink of the Year' expert award.
Unusual Tomsk Businesses for Sale: Toilets, Moonshine, GamesUnusual Tomsk Businesses for Sale: Toilets, Moonshine, Games
Unusual Tomsk Businesses for Sale: Toilets, Moonshine, GamesFrom a public toilet network to a moonshine apparatus store, various ready-made businesses are available for purchase in Tomsk, with prices ranging from 900,000 to 15 million rubles (approx. $9,500 to $158,000 at current rates).
People's Award 29.RU Voting for Best Arkhangelsk Region Places BeginsPeople's Award 29.RU Voting for Best Arkhangelsk Region Places Begins
People's Award 29.RU Voting for Best Arkhangelsk Region Places BeginsThe final voting for the People's Award 29.RU has begun, lasting over a month. Residents of Pomorye (Arkhangelsk region) will choose the top companies in ten categories.
OBI Stores in Yekaterinburg to Become Dom LentaOBI Stores in Yekaterinburg to Become Dom Lenta
OBI Stores in Yekaterinburg to Become Dom LentaOBI construction hypermarkets in Yekaterinburg are ceasing operations under their previous name. Their signs will be replaced with new ones as part of a phased rebranding.
OBI Stores in Yekaterinburg to Rebrand as Dom LentaOBI Stores in Yekaterinburg to Rebrand as Dom Lenta
OBI Stores in Yekaterinburg to Rebrand as Dom LentaWe explain whether the hypermarkets will continue to operate.
Nehayev Calls for Halt to New Taxes and Social Media RestrictionsNehayev Calls for Halt to New Taxes and Social Media Restrictions
Nehayev Calls for Halt to New Taxes and Social Media RestrictionsAt the opening of the State Duma's spring session, Alexey Nehayev, leader of the New People party, proposed a temporary halt to new taxes, fines, and social media blocks.
Omsk recreation base with pool saunas for saleOmsk recreation base with pool saunas for sale
Omsk recreation base with pool saunas for saleA recreation base in Omsk Region is up for sale for 14 million rubles (approximately $140,000). It includes a pool, saunas, billiards, and several buildings on 3.4 hectares.
Ural Airlines Raises Carry-On Luggage Size LimitsUral Airlines Raises Carry-On Luggage Size Limits
Ural Airlines Raises Carry-On Luggage Size LimitsAs of February 1, Ural Airlines has increased the allowable dimensions for carry-on luggage. Passengers can now bring bags and suitcases up to 55×40×25 cm on board.
Flagman supermarket in Omsk to be liquidatedFlagman supermarket in Omsk to be liquidated
Flagman supermarket in Omsk to be liquidatedThe Flagman supermarket in Omsk ceased operations several years ago and is now in the process of liquidation.
Tyumen creative cluster for entrepreneurs with traditional valuesTyumen creative cluster for entrepreneurs with traditional values
Tyumen creative cluster for entrepreneurs with traditional valuesRussia's first creative cluster for entrepreneurs who share traditional values will be established in the center of Tyumen.