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Russian oil export revenues fell 40%
Oil export revenues from Russia for eight months of 2020 decreased by 39.9% in annual terms and amounted to $ 48.8 billion. According to the Federal Customs Service, the physical volume of Russian oil exports in August fell by 14.9% versus July - to 15.5 million tons. In monetary terms - by 8.7%, to 4.61 billion rubles. It is noted that for the period from January to August, the physical volume of oil exports decreased by almost 9.4% - to 159.8 million tons.
Revenues from oil exports from Russia for eight months of 2020 decreased by 39.9% in annual terms and amounted to $ 48.8 billion.
According to the Federal Customs Service, the physical volume of Russian oil exports in August fell by 14.9% versus July - to 15.5 million tons. In monetary terms - by 8.7%, to 4.61 billion rubles.
It is noted that for the period from January to August, the physical volume of oil exports decreased by almost 9.4% - to 159.8 million tons.
These countries are the biggest investors in Russia (INFOGRAPHIC)
Despite the negative impact the Western sanctions have had, the majority of foreign investors are actually noticing an improvement in the Russian business climate.
In spite of the current diplomatic tensions, American businesses lead the way in foreign investments to Russia. According to a recent study by EY consulting firm (formerly Ernst & amp; Young), in 2018, U.S. companies invested in projects in Russia two times more than their European counterparts, and five times more than those from Asia. Each American company invested around $ 224 million on average , with European and Asian businesses around $ 90 million and $ 40 million respectively.
The study was commissioned by the Foreign Investment Advisory Council (which helps the Russian government improve its investment climate) and polled 95 foreign companies operating in
Citibank has filed a claim to recover 49% of Russian Standard Bank
London-based Citibank has filed a lawsuit to recover 49% of the shares in Russian Standard Bank. Citibank acts in the interests of the owners of default bonds of one of the structures of Rustam Tariko. Lawyers do not expect a quick solution to this dispute
Ministry of Industry and Trade: Roundwood exports are declining
In ten years, the export of round timber has decreased by three times. How the state supports those who send abroad not logs, but cardboard and pellets, in an interview with RG said the State Secretary - Deputy Minister of Industry and Trade Viktor Evtukhov
A marketplace for catering operators has appeared in Russia
The Mixcart restaurant procurement automation service has launched a b2b marketplace for catering operators. On the site, you can choose the cheapest offer from suppliers. This was reported by Kommersant.
The Bank of Russia intends to launch the Fast Payment System from 2021
From 2021, the Bank of Russia intends to launch the Fast Payment System for making payments to the state. Through the same system, it will be possible to receive payments from the state.
Forbes named the largest private companies in Russia
Oil company & quot; Lukoil & quot; again topped the rating of the largest private companies in Russia, published by Forbes. The top five also includes three fuel and energy and two retail companies
The RAS announced that Britain bypassed sanctions against Russia in the field of space
Moscow and London have found a way to circumvent Washington's sanctions on the supply of components for the Spektr-UF space telescope, which should become a competitor to the American Hubble
Tomskneftekhim modernized polyethylene production lines
The Tomskneftekhim plant on September 24 completed the modernization of equipment, which resulted in an increase in its actual capacity. The reconstruction of both lines has been completed at the polyethylene production facility, which will increase the production capacity while maintaining the quality of the produced brands. In addition, projects were implemented to increase energy savings and the level of automation of production processes, the company said. During the period of the planned repair, work was carried out to increase the production capacity of the triethylaluminum (TEA) catalyst from 230 tons to 459 tons per year. The Tomsk enterprise uses TEA not only for the production of its own polypropylene, but also provides them with ...
Which Russian products are popular abroad?
In recent years, Russian agro-industrial exports have been steadily growing not only in traditional items - wheat, fish, oilseeds, meat products, but also becoming more and more diverse due to individual products that are in demand in modern consumption, experts told RIA Novosti.
"Over the past five years, Russian exports have been diversifying. The main changes are taking place in shipments to non-CIS countries. As before, in the structure of food exports the main share is occupied by cereals, oilseeds, products of the oil and fat industry and the fishery complex. At the same time, the export of livestock products and certain types of plant products with a high degree of processing is growing dynamically, "said Andrey Dalnov, head of the Center for Industry Expertise of the Russian Agricultural Bank.
In particular, in crop production, the development of the supply of potato flakes and granules turned out to be extremely successful: the export category is mainly
Diamonds at Gokhran
Putin allowed to increase diamond purchases at Gokhran
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