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26 February 2025

A joint Russian-Chinese production of generators will be established in St. Petersburg.

Alfa Baltic Engineering, a Russian company, and Yuchai, an engine manufacturer from China, announced their intention to establish a joint company to create diesel and gas units in St. Petersburg.
26 February 2025

By 2030, the Russian Federation will allocate over 17 trillion rubles for the modernization of transport

Within the framework of two national projects – "Efficient Transport system" and "Infrastructure for Life", the authorities plan to invest over 17 trillion rubles in the development of the transport industry.
26 February 2025

Rent of small apartments in Russia has increased in price by a third in a year

Currently, the average cost of renting such housing is 23,006 rubles per month.
26 February 2025

Tax revenues to the treasury of the Russian Federation increased by almost 10 trillion rubles in a year

In 2024, tax collections showed significant growth, increasing by 20.3% and reaching 56.3 trillion rubles. This means that in monetary terms, the growth amounted to an impressive 9.5 trillion rubles.
26 February 2025

Elon Musk's fortune decreased by $22.2 billion due to the fall in Tesla shares

The stock markets reacted in this way to the possible introduction of new tariffs and the ongoing efforts of the US Government to reduce costs.
26 February 2025

Russia invests 27.6 billion rubles in modernization of Superjet 100

The Russian government will allocate 27.6 billion rubles for a large-scale upgrade of the Superjet 100 aircraft as part of the import substitution program. The project is designed for 2025-2027.
26 February 2025

The IT business of the small and medium segment received almost 25 billion rubles of preferential loans in 2024

In 2024, SME companies in the field of information technology in Russia raised 24.7 billion rubles through preferential loans from the SME Corporation, which is 12% more than in 2023.