Business & Economy of Russia
Moscow International Business Center (Москва-Сити) at Moskva River in the western part of the city.
Image: Deensel
Russia has an upper-middle income economy with state ownership in strategic areas. Following the collapse of the USSR, market reforms in the 1990s led to the privatization of much of Russia's industry and agriculture, with striking exceptions in the energy and defense sectors.
The country's economy is based on oil, gas, precious metals, agriculture, and arms exports. The country relies primarily on energy revenues. Energy makes up 65% of Russia's exports and 25% of its total revenue.
[3] The Russian government controls the oil and gas industries.
Bank of Russia
The Central Bank of the Russian Federation.
Moscow Central Stock Exchange
The largest exchange group in the Russian Federation.
American-Russian Chamber of Commerce
and Industry
The U.S.-Russia Chamber of Commerce (USRCC), a 501(c)(6) nonprofit organization headquartered Houston, Texas.
Chamber of Commerce and Industry of the Russian Federation
Our goal is to promote the growth of the Russian economy, clear trade barriers, and support investment initiatives.
Russian National Trade Point
Russia Foreign Trade Center is included in the World Trade Point Federation (
WTPF).
Major Russian Companies
The three largest Russian companies are active in the oil and gas sector. Two of them are State-owned enterprises.
Gazprom
Russian energy company majority-owned by the government, headquartered in Saint Petersburg. The company has several hundred subsidiaries and affiliated companies in Europe and Central Asia.
[4]
Lukoil
Lukoil is the largest non-government owned company group in Russia; the multinational energy corporation is based in Moscow.
Rosneft
Russian oil and gas company whose majority stake is held by the state-owned company Rosneftegaz JSC.
Rostec
Russian state company for the development, production, and export of high-tech industrial products for the civil and military sectors.
Sberbank
Sberbank is a Russian financial conglomerate and the largest multinational bank in Russia and Central and Eastern Europe.
VTB Bank
Russian universal bank with a wide range of banking services.
x5
X5 Retail Group is one of the leading Russian multi-format food retailers. The group manages the supermarkets of several retail chains.
Magnit
Big Russian retail group, mainly active in the European part of Russia.
Rosseti
Russian power utility headquartered in Moscow.
AvtoVAZ
Russian car manufacturer, known mainly for the production of Lada vehicles.
United Aircraft Corporation
UAC is a Russian aerospace and defense consortium consisting of the largest aircraft manufacturers in Russia, Sukhoi, Mikoyan-Gurevich, Tupolev, Ilyushin, and Irkut.
For more major Russian companies, see this
list.
Transportation
Space
Roscosmos
The Roscosmos State Corporation for Space Activities is in charge of a broad spectrum and different types of space flight and cosmonautics programs.
Air
Aeroflot
The Russian flag carrier.
East Line Group
Group of companies for air transportation and airport management at Domodedovo
International Airport.
Rossiya Airlines
The Russian airline is headquartered in Saint Petersburg.
Siberia Airlines (S7 Airlines)
Russia's biggest domestic airline.
Transaero
Transaero Airlines was a Russian airline; it filed for bankruptcy on 1 October 2015.
Ural Airlines
Russian airline based in Yekaterinburg.
UTair
UTair is a Russian low-cost airline and one of the five largest air carriers; it is the largest Russian
helicopter airline.
Moskovsky railway terminus in Saint Petersburg.
Image: A.Savin
Rail
Russian Railways
The official website of Russian Railways (JSC), with information on passenger and freight
transportation, online services, infrastructure, and railway maps. The wholly state-owned railway is Russia's fifth-largest company.
Railway Ticket Reservation
Center
Railway adventure in Russia.
Trans-Siberian Railway
Railway guide with a photo-gallery of stations, views, and bridges.
Vladivostok icebreaker beside Soviet submarine S-189, anchored in Saint Petersburg. The icebreaker was built at Vyborg Shipyard. In the background, you can see the Norwegian cruise liner MS Black Watch.
Image: DarthWeirdo