Latest Business News from Russia

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.

Mar 7, 2026

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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.

Mar 6, 2026

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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.

Mar 6, 2026

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Russian Down Jackets for Yakutian Frosts: Why Unknown at Home?The brand is quite capable of competing with global brands, but it lacks recognition.

Mar 6, 2026

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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'.

Mar 5, 2026

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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.

Mar 5, 2026

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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.

Mar 4, 2026

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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.

Mar 4, 2026

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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.

Mar 3, 2026

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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.

Mar 3, 2026

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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.

Mar 3, 2026

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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.

Mar 3, 2026

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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.

Mar 2, 2026

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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.

Mar 2, 2026

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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.

Mar 2, 2026

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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.

Mar 2, 2026

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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.

Mar 2, 2026

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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.

Mar 2, 2026

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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.

Mar 1, 2026

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Yakutia sets record silver extraction; key companies listedIn 2025, Yakutia extracted over 500 tons of silver for the first time, achieving a historic milestone.

Mar 1, 2026

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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.

Mar 1, 2026

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Asian bistro Ofuji closes in TyumenThe establishment, named after the granddaughter of Dmitri Mendeleev, was located in a 19th-century historical building.

Mar 1, 2026

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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.

Mar 1, 2026

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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.

Feb 28, 2026

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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.

Feb 28, 2026

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