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Vladimir Putin has transferred the Russian assets of the French flooring manufacturer Tarkett to temporary management. The corresponding decree has been published on the official legal information portal.
#metro #nestlé #Tarkett #business #Interimmanagement #EuropeandRussia #Economy
France and Germany agreed on a compromise on the EU automotive industry, which strengthens the principle of «production in Europe» and softens environmental requirements for 2035. Diplomatic sources reported the agreement on October 15 on the sidelines of the European summit.
Donald Trump’s administration is discussing a partial lifting of sanctions on «shadow fleet» tankers carrying oil from Russia, Iran, and Venezuela, Reuters writes. The White House believes this will lower freight rates and increase the export of oil and petroleum products from the Persian Gulf.
#DonaldTrump #USTreasuryDepartment #oil #Russia #USA #shadowfleet #Economy
From January to September 2026, construction of 3.03 thousand apartment buildings was approved in Russia, and this became the lowest figure in six years, RBC writes, citing data from the Unified Information System for Housing Construction (EISHS) and market participants. The decline in housing demand amid the cancellation of the untargeted subsidized mortgage, the tightening of the family program, and expensive lending led to a reduction in new projects.
In a new article, the French Le Monde named possible contenders for the Russian assets of Auchan, «Lemana PRO», Nestle, and FM Logistic, which came under Vladimir Putin’s decree on temporary administration. Among those named by the newspaper’s sources are entrepreneur Alexander Vinokurov, Suleiman Kerimov with partners, God Nisanov, Ilkhom Rakhimov, and Deputy Prime Minister Dmitry Patrushev.
#auchan #FMLogistic #metro #nestlé #Interimmanagement #LehmanPRO #Russia #Economy
In September, Russia’s seaborne exports of oil products rose to a three-month high and amounted to about 1.17 million barrels per day, Bloomberg writes, citing data from analytics company Vortexa. The decline in diesel and gasoil shipments was more than offset by growth in fuel oil and naphtha supplies amid the government ban on diesel fuel exports.
In Sasovo, Ryazan Oblast, after a drone attack, a Yandex data center caught fire, and its operations came to a complete halt. The company warned that some services may be unavailable; there were no casualties.
In 2026, Russia’s spending on the war will reach nearly 17 trillion rubles — 40% more than the 12.1 trillion rubles budgeted. Bloomberg пишет, что бюджетные расходы увеличили на $60 млрд, or approximately 5.11 trillion rubles.
#bloomberg #BudgetoftheRussianFederation #VladimirPutin #WarinUkraine #Russia #finance #Economy
In 2026, the richest Russians transferred 471 billion rubles to Russia’s budget, or more than 5.6 billion dollars, in the form of so-called wartime «gratuitous contributions». According to Reuters calculations, this amount covered more than 1% of all government spending.
#reuters #business #VladimirPutin #OlegDeripaska #Rosneft #SuleymanKerimov #finance #Economy
Russian regions are cutting investment programs, spending on the construction of social facilities, and urban improvement due to budget deficits. According to sources for the Open Nizhny portal in regional authorities, when drafting budgets for 2027, this may affect 60–65 of the 89 constituent entities of the Russian Federation.
#budgetoftheRussianFederation #WarinUkraine #MinistryofFinanceoftheRussianFederation #Moscow #StPetersburg #finance #Economy
According to Alfa-Bank analysts, in 2027 non-interest, non-defense spending of Russia’s federal budget will fall to about 9% of GDP — the lowest level since 2005. At the same time, spending under the «national defense» item will rise to 35% of all expenditures, while key civilian sectors face cuts.
#AlfaBank #BudgetoftheRussianFederation #WarinUkraine #publicdebt #Russia #finance #Economy
Russia’s Minister of Economic Development, Maxim Reshetnikov, arrived in the USA to take part in the G20 trade ministers’ meeting. The meeting will take place on September 30 — October 1 in Milwaukee, Wisconsin.
#g20 #MaximReshetnikov #MinistryofEconomicDevelopmentoftheRussianFederation #USA #Economy
A senior Reuters source in the Russian government said that the transfer of Russian assets of Western companies into temporary management should make European countries think about sanctions. When asked about the Russian units of UniCredit and Raiffeisen, he replied: «Let them be afraid».
#raiffeisen #reuters #UniCredit #Interimmanagement #Russia #Economy
The Ministry of Internal Affairs proposed allowing Russian companies to hire workers from visa-required countries outside the quota system, including programmers, doctors, welders, tractor drivers, and nurses. The draft order was published on September 28 on the portal for draft regulatory legal acts; the list includes 186 professions and positions.
#employment #India #MinistryofInternalAffairsoftheRussianFederation #labormigration #Economy
Vladimir Putin signed a decree that restricts the export of cash rubles from Russia: citizens can no longer take out more than 1 million rubles to the countries of the Eurasian Economic Union (EAEU), as well as to Azerbaijan, Tajikistan, and Uzbekistan. For legal entities and individual entrepreneurs, the ban applies regardless of the amount, and the decree takes effect on September 29.
Spending on the «national defense» item in the 2027 budget draft will rise to 17.1 trillion rubles, which is 32.2% higher than the current level. For 2028, 16.6 trillion rubles are allocated for this item versus 13 trillion.
#BudgetoftheRussianFederation #WarinUkraine #militaryindustrialcomplex #ArmedForcesoftheRussianFederation #MinistryofFinanceoftheRussianFederation #MinistryofEconomicDevelopmentoftheRussianFederation #finance #Economy
On September 19, Ilya Berdnikov, who previously worked at Rosimushchestvo, became CEO of Auchan Retail Russia. The appointment came two days after Vladimir Putin transferred the French chain’s Russian business to the temporary management of JSC L. E. V. Management.
#Auchan #BusinessseizureinRussia #Rosimushchestvo #Russia #Economy
Nestle said it takes note of the Russian president’s decree on transferring the assets of «Nestle Russia» to temporary management and is assessing possible courses of action. Auchan said its Russian subsidiary continues to operate as usual and has requested clarification on the decree.
#LeroyMerlin #nestlé #Auchan #VladimirPutin #Russia #Economy
In the week to September 13, Russia shipped $2.42 billion worth of oil for export — the highest since late May, according to Bloomberg calculations based on tanker-tracking data. A week earlier, the amount was about $620 million lower.
#WarinUkraine #India #Kazakhstan #China #oil #Russia #Economy
Russia’s largest retailers have begun posting tenders for concrete shelters to protect facilities from drones. This was noted by Verstka: the applications mention Pyaterochka, Azbuka Vkusa, Lenta, Magnit, and Komus.
#Alphabetoftaste #uav #WarinUkraine #tape #magnet #Pyaterochka #StrikesagainstRussia #Economy
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