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#Business

Study: Banks in Good Shape Despite a Perfect Storm of Challenges in 2020

82% of Russians use fintech services, placing Russia in 3rd place behind China and India

Record Numbers as Private Investors Flock to the Moscow Exchange

Since the beginning of 2020, Russian citizens have opened 1.35 million individual investment accounts (IIA), raising the number to 3 million accounts since IIAs were established in 2015. This is an 82...

Russia’s Largest Bank Rated A Buy

Analysts mark state-owned Sberbank a buy. Sberbank pays a 50% dividend. Typically, companies that pay out half of their profit in the form of dividends means that the company is a solid, established i...

Russian tech deals galore

By Ben Aris in Berlin November 5, 2020 As Russia’s new economy comes of age it seems there is a new deal announced on a daily basis as the leading companies snap up start-ups or rivals in the rus...

Russian petrochemical major Sibur spearheads digital transformation

By East West Digital News in Moscow November 12, 2020 Russian petrochemical major Sibur has told East-West Digital News (EWDN) it has developed a technology which allows ...

MegaFon invests in fast-growing challenger on Russian online video market

By East West Digital News in Moscow November 12, 2020 MegaFon, a major Russian mobile phone operator, is to acquire 33.8% of Digital Media Holding LLC (DMH), the parent company of the Start video...

10 secrets to business success in Russia

Uniquely maximize an expanded array of networks rather than diverse information. Monotonectally promote clicks-and-mortar deliverables with frictionless products. Uniquely harness client-based opportu...