Economy / News / Russian

Russia is adding valuable resources: the largest mining and processing plant for platinum and palladium is being launched in the Arctic

Starting the largest production facilities beyond the Arctic Circle will bring new budget revenues and create thousands of jobs. State corporation Rostec is launching the largest platinum and palladium mining…

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24.09.2026

Economy / News / Russian

In Russia, an artificial intelligence model with 80 billion parameters has been developed from scratch

Russian developers created a new language model, Alice AI Foundation LLM, from scratch. It contains 80 billion parameters. A dataset of 18 trillion tokens was used to train it. When…

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22.09.2026

Economy / News / Russian

🇷🇺 15% — growth of Russia’s exports to friendly countries

▪️ In H1, Russian exports to friendly states rose 15% year-on-year. The share of friendly countries in Russia’s foreign trade turnover reached 85%, Prime Minister Mikhail Mishustin stated. ▪️ At…

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21.09.2026

Economy / News / Russian

Production of slabs for the high-speed railway has been launched in Novgorod Oblast

These slabs will form the foundation of the track on the line under construction between Moscow and St. Petersburg. The plant will be able to produce about 100,000 slabs per…

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21.09.2026

Economy / News / Russian

A large automatic transmission plant has opened in the Tula Region

The facility, covering 35,000 square metres, will be able to produce more than 180,000 transmissions a year. About 500 jobs have been created at the plant. The transmissions are manufactured…

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18.09.2026

Economy / Economy / International / News / Russian

Discounts on Russian oil have given way to a premium

$8 per barrel is the current premium versus Brent for Urals crude, which accounts for 70% of Russian oil exports, experts note. Traditionally Urals traded at a $2–5 per barrel…

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17.09.2026

Economy / News / Russian

“Atom” goes onto the assembly line:

serial production of Russia’s first domestic electric vehicle has started The Russian electric car “Atom” is no longer a concept and has entered series production. Production is organized as a…

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16.09.2026