Deputy Finance Minister Ivan Chebeskov stated that 20 Russian companies are candidates for initial public offerings, predominantly in new economy sectors like IT, pharmaceuticals, and telecommunications. These companies are smaller and going public at earlier stages compared to the 2000s, indicating a growing IPO agenda among Russian businesses despite economic pressures.
Russia and Vietnam are actively negotiating liquefied natural gas (LNG) supplies from Russia, according to Russian Deputy Prime Minister Alexander Novak. Vietnam has expressed interest in these supplies, with Russian companies currently interacting with Vietnamese partners.
Russia's agricultural exports to China saw a significant increase in May 2026, with volume up 48% to over 900,000 tons and value up 23% to nearly $715 million year-on-year. Key exports included peas, soybeans, and rapeseed oil.
Russia will provide 50 Moskvich cars to the taxi fleet in Havana, Cuba, as part of ongoing bilateral cooperation. Deputy Prime Minister Dmitry Chernyshenko announced the transfer during the Russia-Cuba business dialogue at the St. Petersburg International Economic Forum (SPIEF).
At the St. Petersburg Economic Forum, experts discussed challenges for Russian firms in Gulf markets, citing payment transfers as a key obstacle. Success hinges on product quality, after-sales service, and strong local partnerships, with opportunities in food security, agriculture, and cybersecurity.
Russian companies are prepared to invest in long-term projects in Cuba, despite external pressures, according to Deputy Prime Minister Dmitry Chernyshenko at the Russia-Cuba business dialogue during the St. Petersburg International Economic Forum (SPIEF).
Russian large companies are increasingly sourcing software, tech products, and components from SMEs, a trend discussed at SPIEF 2026. This shift aims to boost the SME sector's contribution to GDP, which lags behind its employment share.
Russian large companies are increasingly sourcing software, tech products, and components from SMEs, a trend discussed at SPIEF 2026. This shift aims to boost the SME sector's contribution to GDP, which is currently around 20%, significantly lower than in the US.
Russian Deputy Foreign Minister Alexander Pankin stated that Moscow observes Washington's plans to increase economic pressure not only on Russia but also on other countries and its partners. He noted that the export, transportation, supply, and sales of Russian products are being obstructed.
Russian companies can now produce over 15,000 FPV drones daily, a significant increase from a month's production in 2023, according to First Deputy Prime Minister Denis Manturov. Production of reconnaissance and strike systems has also grown, with deliveries meeting state defense procurement plans.
Russian companies are prepared to invest in Indonesia's major transport infrastructure projects, particularly railways. Russia also proposed an agreement for delegating vessel inspection authority and noted a significant increase in air and maritime cargo traffic between the two nations.
Russia's Economic Development Minister Maxim Reshetnikov stated that Russia is a key supplier of fertilizers to Brazil, meeting nearly a third of the country's market needs. Russian companies are also investing in modernization and infrastructure development in Brazil.
Russia has developed domestic software modules for designing aircraft engines, complex surfaces, and metal structures, replacing foreign programs. These tools have been used to create components for the high-tech PD-14 engine.
Russia's State Duma has ratified a trade agreement with the UAE, aiming to liberalize and facilitate trade in services and investment, providing favorable conditions for Russian companies in the UAE market.
US aims to dominate global energy markets, pushing Russian companies like Lukoil and Rosneft out of international business, including Africa and the Balkans
Russian Foreign Minister Sergey Lavrov accuses the US of trying to push Russian companies like Lukoil and Rosneft out of global markets, including Africa and the Balkans, to take over their business, particularly Rosneft's cooperation with Venezuela.
Alexander Khozin noted that while the number of Russian companies operating in Bangladesh remains limited, their presence is noticeable and makes a significant contribution to the development of economic ties between the two countries
The identified malware samples are linked to 11 monitored hacker groups
UK Prime Minister Keir Starmer will announce talks on joining a 90-billion-euro European loan initiative for Ukraine at the European Political Community summit in Yerevan. The move aims to help Ukraine obtain vital military equipment while creating opportunities for British defense businesses. New sanctions against Russian companies will be announced later this week.
The American Chamber of Commerce in Russia has urged the US government to grant several banks licenses to use dollars in payments to Russian companies. AmCham Russia head Robert Agee said American businesses hope sanctions will be lifted as they hinder trade, while warning that Russian companies are already finding alternatives like stablecoins.
According to the head of state, Russian companies are showing the desire to work in the Congo market
The 20th package of sanctions "bans the provision of maintenance and other services for Russian liquified natural gas tankers and ice-breakers"
The EU has adopted its 20th package of anti-Russian sanctions, banning the provision of LNG terminal services to Russian companies from January 2027. The sanctions also prohibit technical maintenance and other services for Russian LNG tankers and icebreakers, aiming to terminate long-term contracts and limit Russia's offshore capabilities.
Cargo traffic along Russia's Northern Sea Route has increased from 4 to nearly 38 million tons over the past decade, Deputy Prime Minister Yury Trutnev reported. Russia plans to build four more nuclear-powered icebreakers, at least 10 rescue vessels, and 12 satellites by 2035 to further develop theArctic shipping route.
