The food and beverage sector does not take a significant share in Russia’s economy, generating just 1.9% of the country’s gross domestic produ🌞ct (GDP) and employing 1.7% of the total workforce in 2016. The sector’s gross value added ...

Russia’s healthcare and pharmaceutical sector 𒈔was badly affected by the 2015-2016 recession, which resulted in a♎ sharp drop in government spending, while the weak rouble and high inflation cut into households’ disposable incomes. Though ...

Russia’s insurance sector expanded at a CAGR of 10.1% over the 2012-2016 period, with the premium income growth outperforming GDP growth and proving resistant to the economic slump triggered by the collapse in oil prices andꦉ Western sanctions. ...

The automotive industry in Russia has ꦑa relatively small share in the country’s economy and employment. The sector generated just 0.3% of Russia’s gross value added (GVA) in 2016 and p♋rovided employment to 578,300 people, or less than 1% ...

The electric power industry in Russia generates 3% of the co𝓡untry’s gross domestic product (GDP) and the government sees it as a strategically important sector. So, in accordance with the Federal Law, the Russian government contro𝓰ls key assets ...

Mining is one of 🦩Russia’s key industries: in 2016 the “mining and quarrying” sector – a category which in Russian statistics includes oil and gas ex🔴traction, as well as mining more narrowly defined – generated 8.5% of ...

Russia’s banking industry expanded at a robust pace in the 2000-2014 period, with assets growing at an average of 30.2% a year. The industry, however, suffered a serious blow in 2015-2016, when the economy ent💜ered a recession triggered by low ...

Russia&rsq𒁃uo;s construction sector generated a gross value added (GVA) of RUB 4.7tn in 2015, accounting for 6.4% of the economy’s total GVA. The r🅺eal estate, renting and business activity generated a GVA of RUB 12.5tn in 2015, accounting for 17 ...

Russia is the ninth most populous country in the world and is among the largest consumer markets on a global scale. It is a commodity dependent economy as trade contributes about 20% to the country’s GDP. In recent ye🧸ars the retail sector in ...

Metal processing is the second most important sector for the Russian economy, after the oil and gas industry. It is a key supplier for the automotive, oil and gas, construction and machine-building sectors. It also generates m𝓀ore than 6% of the ...