The Ministry of Economic Development presented the Q2 2017 Russian regions ranking for management of the one-stop-shop public services

The ranking results were announced by Russian Economic Minister Maxim Oreshkin at the Russian Forum for Government and Municipal Service Multifunctional Centers (MFC) held in Svetlogorsk (Kaliningrad Region). The regions were evaluated on the basis of multiple indicators, including the percentage of their inhabitants who have access to one-stop-shop government … More

Theresa May has insisted the cabinet is united and she will be leader

Theresa May has insisted the cabinet is united and she will be leader “for the long term” despite fresh moves by Boris Johnson to undermine her authority, setting the stage for a fractious Conservative party conference. The prime minister claimed on Sunday that Johnson was fully behind her plan for … More

Russia moves five places in WEF’s Global Competitiveness Report

Russia was ranked 38th among the 138 countries surveyed in the World Economic Forum’s Global Competitiveness Report published on September 26, moving up five places and “rebounding strongly from the 2015–16 recession”. This made a faster advance than moving up by only 2 places in 2016. In a separate ranking, … More

Russia’s mobile economy at 4% of GDP to outgrow agriculture, insurance

The contribution of mobile economy to Russia’s GDP was RUB3.2 trillion or 3.8% of GDP, Vedomosti daily said on September 25 citing a report by Russian Association of Electronic Communication (RAEC), OC&C researcher, and Google. This is already on par with such sectors of the economy as water and gas … More

AstraZeneca invests in Russia

AstraZeneca, an international biopharmaceutical company, announced that it obtained the approval of inter-agency commission for the conclusion of a special-purpose investment contract (SPIC). Under SPIC, AstraZeneca will invest an additional 1 billion rubles in upgrading and organizing the Russian production facilities to manufacture innovative drugs with no analogs in Russia … More

Sberbank named number one real estate bank in Central and Eastern Europe

Sberbank has taken first place in four categories of the Euromoney Real Estate Survey 2017: Best Bank in Russia, Best Bank in Central and Eastern Europe, Best Loan Finance Bank in Russia, and Best Loan Finance Bank in Central and Eastern Europe. “The results of the survey show that the … More

Support for a second referendum on Brexit is growing among British voters

Support for a second referendum on Brexit is growing among British voters, amid diminishing optimism about the U.K.’s future outside the European Union and waning confidence in London and Brussels’ handling of the divorce negotiations, according to a detailed new poll shared exclusively with POLITICO. Just over half of those … More

Sanctions spur growth in Russian agriculture

According to the Financial Times – sanctions spur growth in Russian #agriculture. Ban on western food imports presents huge opportunity for domestic farmers as consumers turn to homegrown produce. In the cold waters of the Barents Sea, Russian Aquaculture, the country’s largest salmon producer, has increased production more than sixfold … More

The 10th anniversary show «Lunch! 2017»

Representatives of the Trade Delegation of Russia in the United Kingdom attended the 10th anniversary show «Lunch! 2017» which took place on September 21-22 at ExCeL, London. Key buyers and decision makers from over 6000 UK’s leading food-to-go operators and retailers, contract and travel caterers, wholesalers, independent and multiple cafes, … More

Nikolay Kosov re-elected as Chairman of IIB Board

Russian diplomat and international banker, Nikolaу Kosov, will lead the International Investment Bank (IIB) for another five years as the Chairman of the Board. The decision to extend the Chairman’s contract was approved unanimously by the Bank’s member states. Nikolaу Kosov started his tenure as the eighth Chairman of the … More