Cargo-cult and another Cola-Cola // Nikita Shchurenkov about attempts to use the love of Russians for bygone brands

The mass exodus of Western companies from the country has led to the same massive copying of departed brands. In an attempt to retain an audience accustomed to IKEA, H&M and Starbucks, local entrepreneurs are trying to appropriate the love of Russians for brands that are leaving them. And if the newly-minted fast food chain … Read more

Close the gates, everyone stays // Dmitry Butrin on limiting the exit of foreigners from Russian companies

One of the still fundamentally unsolvable tasks in the work of many people who are trying to predict future economic dynamics is to determine the end point, the target state of the rules for the operation of the Russian capital market, which is meant when developing restrictions on foreign investment already made in the Russian … Read more

The Bank of England made its bet // The British regulator supported the trend towards tightening monetary policy

The Bank of England on Thursday, following the US Federal Reserve System and the European Central Bank, decisively raised the interest rate – by 50 basis points at once, to 1.75% per annum. This was the most significant increase in the indicator over the past 27 years. In this way, the regulator is trying to … Read more

Galloping gallon // The US is looking for ways to reduce gasoline prices

The US authorities are trying to get the largest oil refiners to reduce fuel prices, which have reached a record level in history. The potential intrigue is whether the authorities will threaten to impose an embargo on the export of petroleum products from the country: US Energy Secretary Jennifer Granholm allowed this option this week. … Read more

The Bell: the owner of Avito is trying to avoid the sale of the VK service

The owner of the Russian online ad service Avito, the Dutch investment company Prosus (part of the South African investment holding Naspers), is actively looking for buyers for its asset. At the same time, Prosus is trying to avoid a deal with VK, writes The Bell, citing six sources. The deal with VK is supported … Read more

Overhaul stuck in prices // Market participants propose to reconsider the approach to their education

The problems of pricing work on the overhaul of apartment buildings, which the authorities are now trying to mitigate with temporary anti-crisis measures, remain very acute for the industry due to their systematic nature: in January-May, the share of failed bidding for the conclusion of such contracts amounted to 48%, and such “underrepair” with a … Read more

“Electronic voucher” did not sign // Tour operators ask to clarify the rules of the system

Less than three months before the official start of the GIS “Electronic Voucher”, business is trying to get the authorities to explain the mechanism of its functioning. To launch the system, it is still necessary to form a single register of travel agencies, which, as market participants fear, is unlikely to be ready by July … Read more

“The time for reflection has passed” // VTB CEO Andrey Kostin on banking in the new reality

After the outbreak of hostilities in Ukraine, the Russian banking system found itself between two fires – quick and tough sanctions from the West, on the one hand, and internal restrictions of the Russian authorities, who were trying to stabilize the economy, which was rapidly plunging into crisis, on the other. Under sanctions restrictions, including … Read more

Rations are dropping off the menu // Demand for ready-to-eat food delivery has declined

The popularity of ration delivery services and cooking kits in the first quarter of the year fell by almost 40% yoy, which led to the closure of the most unprofitable projects. As Kommersant found out, Prime, Juicy-food, Rock’n’raw, Simple Kitchen, abandoned the idea to develop in the segment. The remaining players are trying to … Read more