Latest Economy News from Russia

Central Bank warns Perm residents about new financial pyramidCentral Bank warns Perm residents about new financial pyramid
Central Bank warns Perm residents about new financial pyramidThe Bank of Russia has placed Deep Cashback and the company behind it, 'Dobrolaif', on its warning list, citing signs of illegal activity.
STS and Melnitsa Demand Compensation from Gridnev Khleb BakerySTS and Melnitsa Demand Compensation from Gridnev Khleb Bakery
STS and Melnitsa Demand Compensation from Gridnev Khleb BakeryTV channel STS and studio Melnitsa have filed lawsuits against the Rostov bakery chain Gridnev Khleb, demanding compensation for unauthorized use of characters.
CTC and Melnitsa Sue Grindev Khleb BakeryCTC and Melnitsa Sue Grindev Khleb Bakery
CTC and Melnitsa Sue Grindev Khleb BakeryIn late January, TV channel CTC and animation studio Melnitsa filed lawsuits against the Rostov bakery chain Grindev Khleb, seeking compensation for unauthorized use of cartoon characters.
Urals Authorities Uncover Pyramid Scheme Promising Marketplace BonusesUrals Authorities Uncover Pyramid Scheme Promising Marketplace Bonuses
Urals Authorities Uncover Pyramid Scheme Promising Marketplace BonusesThe Ural branch of the Bank of Russia has discovered a company operating as a financial pyramid. Participants are offered to purchase cards with promises of large bonuses exchangeable for marketplace certificates.
Financial Pyramid Uncovered in Urals, Scheme ExplainedFinancial Pyramid Uncovered in Urals, Scheme Explained
Financial Pyramid Uncovered in Urals, Scheme ExplainedA company in the Urals region is enticing clients with bonuses exchangeable for popular marketplace certificates.
Bashkiria Leads in Workforce Drain Due to Labor MigrationBashkiria Leads in Workforce Drain Due to Labor Migration
Bashkiria Leads in Workforce Drain Due to Labor MigrationA deputy from Bashkiria commented on the labor market situation, explaining why the republic leads in residents working outside their region, with 159,700 people employed elsewhere according to Rosstat.
Maternity Capital and Benefits Rise 5.6% in Far NorthMaternity Capital and Benefits Rise 5.6% in Far North
Maternity Capital and Benefits Rise 5.6% in Far NorthSeveral key payments for families with children and beneficiaries in Russia were indexed by 5.6% starting February 1, 2026. Here's a brief overview of what increased and the new amounts.
Locals Protest Noisy Nighttime Beet Transport in Snowy BashkiriaLocals Protest Noisy Nighttime Beet Transport in Snowy Bashkiria
Locals Protest Noisy Nighttime Beet Transport in Snowy BashkiriaResidents in Bashkiria's Blagovarsky District complain about constant noise and dangerous driving from beet hauling trucks operating at night, with officials citing autumn delays and processing deadlines.
Altai Krai places 16th among Russian regions for self-imposed loan bansAltai Krai places 16th among Russian regions for self-imposed loan bans
Altai Krai places 16th among Russian regions for self-imposed loan bansAltai Krai placed 16th in a ranking of 85 Russian regions by the number of self-imposed loan bans.
BitRiver faces bankruptcy as founder accused of tax evasionBitRiver faces bankruptcy as founder accused of tax evasion
BitRiver faces bankruptcy as founder accused of tax evasionRussia's largest mining operator, BitRiver, could be declared bankrupt as a creditor seeks observation procedures, with talks ongoing for a change in ownership.
Voronezh Region places 49th in gasoline affordability rankingVoronezh Region places 49th in gasoline affordability ranking
Voronezh Region places 49th in gasoline affordability rankingA study reveals how many liters of gasoline the average salary can buy in Russian regions, with Voronezh Region ranking 49th.
From Buckwheat to Fish: Novosibirsk Region's Export GrowthFrom Buckwheat to Fish: Novosibirsk Region's Export Growth
From Buckwheat to Fish: Novosibirsk Region's Export GrowthThe Novosibirsk Region is boosting its agricultural exports, expanding the list of goods sent abroad and the number of destination countries, generating significant revenue.
Yaroslavl's Major Repair Contribution Rises 38% from 2026Yaroslavl's Major Repair Contribution Rises 38% from 2026
Yaroslavl's Major Repair Contribution Rises 38% from 2026The Ministry of Construction of the Yaroslavl Region explained that the increase is due to rising material costs and the need to finance planned works.
Expert predicts which products in Tolyatti will rise most in price by summerExpert predicts which products in Tolyatti will rise most in price by summer
Expert predicts which products in Tolyatti will rise most in price by summerYaroslav Kabakov of Finam Investment Company details the factors influencing food prices in the Samara region during the first half of 2026.
Russia Bets on Indian and Central Asian Migrant LaborRussia Bets on Indian and Central Asian Migrant Labor
Russia Bets on Indian and Central Asian Migrant LaborIn 2025, Russia issued record work permits to Indians and Bangladeshis, with government plans to further increase quotas for foreign workers from Asia and Africa.
Gold Hits Record Highs: Should Arkhangelsk Residents Jump on the Bandwagon?Gold Hits Record Highs: Should Arkhangelsk Residents Jump on the Bandwagon?
Gold Hits Record Highs: Should Arkhangelsk Residents Jump on the Bandwagon?Global gold prices have surpassed $5,000 per troy ounce, setting a new record in 2026. Analysts see continued rapid growth but warn it could stop and reverse at any moment.
Omsk: vegetable, vodka prices up; sausage downOmsk: vegetable, vodka prices up; sausage down
Omsk: vegetable, vodka prices up; sausage downPrices for certain foods in the Omsk region have changed significantly since the start of 2026. Vegetables and vodka have become more expensive, while sausage has dropped in price.
Structural Compression: Why Retail Assortments Are ShrinkingStructural Compression: Why Retail Assortments Are Shrinking
Structural Compression: Why Retail Assortments Are ShrinkingPortions and product ranges are dwindling while prices continue to climb. Experts from the consumer market explain the trend of structural compression.
Gasoline and passenger car prices fall in Altai KraiGasoline and passenger car prices fall in Altai Krai
Gasoline and passenger car prices fall in Altai KraiIn the previous few months, motorists faced a fuel shortage. In December, however, prices for both gasoline and used foreign cars decreased.
Gasoline Prices Rise Again in Chita This WeekGasoline Prices Rise Again in Chita This Week
Gasoline Prices Rise Again in Chita This WeekAI-95 and AI-92 gasoline prices increased at a Rosneft station in Chita, while other monitored stations showed no change, according to a local news outlet's check.
Can We Afford It? Yakutia Ranks 12th for Gasoline AffordabilityCan We Afford It? Yakutia Ranks 12th for Gasoline Affordability
Can We Afford It? Yakutia Ranks 12th for Gasoline AffordabilityAccording to experts, residents of the Sakha Republic (Yakutia) can purchase 1,500 liters of AI-92 gasoline with their average monthly salary, placing the region 12th in a national ranking.
Zabaykalsky Krai ranks 31st in gasoline purchasing power rankingZabaykalsky Krai ranks 31st in gasoline purchasing power ranking
Zabaykalsky Krai ranks 31st in gasoline purchasing power rankingZabaykalsky Krai placed 31st in a Russian regional ranking showing how much gasoline can be purchased with the average salary in December 2025.
Gold Hits Record Highs: Is It Worth Jumping on the Bandwagon?Gold Hits Record Highs: Is It Worth Jumping on the Bandwagon?
Gold Hits Record Highs: Is It Worth Jumping on the Bandwagon?Analysts believe gold will continue to rise rapidly, but note that growth could stop at any moment and turn into a decline.
New village planned for Zabaikalskaya TPP workersNew village planned for Zabaikalskaya TPP workers
New village planned for Zabaikalskaya TPP workersA new village is being considered in Transbaikal Krai to house the thousands of skilled specialists required for the upcoming Zabaikalskaya Thermal Power Plant and expansion at the Kharanor Power Plant.
Secondary Housing Interest in Chita Rises 1% Over YearSecondary Housing Interest in Chita Rises 1% Over Year
Secondary Housing Interest in Chita Rises 1% Over YearIn Chita, interest in secondary housing increased by only 1% over the past year, with the average price per square meter at 124,000 rubles (approximately $1,240 at current rates).