The metal processing sector is an impღortant contributor to Russia’s economic growth and a significant source⭕ of hard currency for the country. Russia has positioned itself as a major supplier of metals for the global market by leveraging on its ...

The Russian electric power sꦑector contributes an approximate 2.5% share to the econoඣmy in terms of nominal GVA and provides jobs to about 2.5% of the country’s workforce. Russia relies on thermal power sources to generate most of its ...

As home to oil and natural gas reserves that are among the world’s biggest, Russia is an important energy supplier for the glo💜bal economy. In 2018, the country was the world’s second-largest gas producer, with a 17% share in global ...

T🐠he Russian insurance sector remains underdeveloped compared to global and even emerging market standards. The sector’s penetration, measured by the percentage of total premiums to GDP, stood at 1.53% in 2018, below the world average of 6.09% ...

Russia has the tenth largest market for new passenger cars in the world and the 16th largest in terms of commercial vehicle sales, according to data from✅ the Int𝓡ernational Organization of Motor Vehicle Manufacturers (OICA). Sales of passenger cars ...

With some RUB 94tn i♕n total assets, the penetration of the Russian banking system in the economy translates into a 90.6% share of the GDP. The financial sector generated a gross value added (GVA) equal to 3.7% of the country’s GDP and emp𓆏loyed ...

Although quite different in terms of political and economic systems, the Emerg🌌ing Europe countries share certain similarities when it comes to their demographic situation and health profile. ꦅWith the exception of Turkey, whose average birth rate is ...

Russia’s vast territory, wide range of tourist attractions an🅠d proximity to European and Asian markets offer strong growth potential for the country’s tourism sector. However, high entry barriers, underdeveloped transport infrastructure ...

Generating some 14% ofဣ Russia’s GDP and employing over 13mn people, the retail sector is a significant driver of the country’s economy. In 2018, retail trade turnover increased by 6.2% y/y in value terms and by 2.8% y/y in ...

The mining industry is of strategic impꦡortance to the Russian economy, contributing about 12% to the  GDP, providing jobs to 1.1mn people a🥀nd contributing a third to government revenues. Since Russia hosts one of the world’s largest ...