Category Archives: Business

Top 5 Russian Car Companies/Manufacturers List 2020. Popular Brands

Car production is one of the significant industries in Russia. The industry has been in a position to employ approximately 600,000 people in the country. In the year 2016, Russia was ranked 16th among the car-producing countries in the world. In fact, it was able to produce around 1.3 million vehicles which is 1.4% of… Read More »

Can Foreigners Buy Property in Russia?

Russia is one of the countries that offer a variety of business opportunities for real estate investors and entrepreneurs. Other than local investors, the Russian law allows foreigners to rent or purchase property in the country. However, it is important to note that there are some exceptions that apply. For instance, according to the Russian… Read More »

Top 10 Real Estate Companies/Agencies in Russia: Moscow, St. Petersburg 2020

If you are going to buy, sell or rent commercial/residential real estate in Russia, you are welcome to use the legal and consulting services of some of the largest real estate companies available. We found information about a range of companies which have been operating and providing their clients with comprehensive services on the real… Read More »

Top 10 Russian Web Hosting Providers List 2020. Best shared, VPS, dedicated server, cloud hosting plans

Russian web hosting companies are represented on this site by top 10 most reliable hosting providers from simple CMS-oriented sites to hosting providers and domain name registrars on a federal scale. Recently, a lot of modern data centers have been built in Russia. Most of them are located in Moscow and St. Petersburg. That is… Read More »

Top 10 Biggest Russian Construction Companies List 2020

Top 10 major Russian construction companies 2020: PIK Group PIK Group is one of theleading Russian companies in the sphere of residential real estate. The company’s main activity is building and sale of economy class accommodation, basically in the segment of panel industrial housebuilding. The company PIK works in some traditional directions: developing real estate,… Read More »

Top 5 Russian Tech/Telecom/IT Companies 2020

Russia is the largest country in the world and has very high population. While it has not fully incorporated some of its tech enterprises, this has not stopped a few companies from offering their services and making huge profits. Lately, external companies that have been trying to reach the country’s huge population have been experiencing… Read More »

Top 5 Largest International (Foreign) Banks in Russia 2020

International (Western: European, American) banks in Russia According to Russian legislation, foreign banks in Russia can not open branches, but may have a share in Russian banks. In other words, foreign banks may open subsidiaries in the Russia, which are inherently Russian banks, but the founders are completely or partially foreigners. These banks operate on… Read More »

Top 5 Most Important, Reliable State-Owned Russian Banks 2020

What are the most important, reliable and safest government banks for Russian economy? Bank of Russia is currently engaging in cleaning the domestic banking system and actively revoking the licenses from banks for the violation of banking regulations. Banks with state participation are the most reliable in comparison with others because the probability of revocation… Read More »

Top 5 Russian Oil and Gas Companies List 2020

Russia is popularly known as the world’s second largest natural gas producer and the 3rd largest oil producer. The country has a large number of major oil and gas companies. Most of the top oil companies in Russia have continued to maintain significant downstream and upstream gas and oil operations. This includes retail service stations,… Read More »

Bank Clearing Code Russia. Bank Clearing Number Russian Banks

Bank clearing number (BC number) and IBAN are not used in the Russian Federation. Use Russian bank identification code (BIC/SWIFT) instead of Bank clearing code. Bank identification code is necessary to determine branch of a credit organization that participates in settlements in the Russian Federation and its territorial location. All BICs are collected in a… Read More »

Largest Multinational Corporations, Business Groups in Russia 2020

More and more Russian companies become international corporations. Of course, the Russian multinationals aren’t as globalized as world leading multinational corporations, which work on emerging markets and characterized by diversification in the economic sector. Activities of Russian multinational corporations are limited by certain sectors of the economy in which they have a competitive advantage. For… Read More »