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The annual turnover of the shadow segment of the luxury goods market made up 280 billion roubles, whereas the legal segment is estimated at about 250 billion roubles. Against the background of the continuing decline in household incomes, the sales of fashion brand replicas in the high price segment will only grow, at the same time, fake vendors will move online.


Forbes Magazine has published the ranking of the most profitable franchises of Russia for the year 2019. The ranking was divided into three parts: Investments of 5-25 million roubles, Investments of 15 million roubles and Investments of up to 1 million roubles.


Forbes has compiled a list of the most generous Russian companies that value their top managers more than others in monetary terms.


Toyota, Rolex and Bosch took the first places in the ranking of foreign companies with the best reputation in Russia. The authors of the rating, analysts from the Reputation Institute, are sure that the reputation of companies in Russia and in the rest of the world is perceived in completely different ways.


Forbes magazine has made a list of the most unusual acquisitions and gifts of Russian billionaires. The participants of the list were not ranked by lines.


In particular, the Arab Mubadala investment fund that had previously invested in Russian projects showed interest in investments in Russia.


The law restricting the share of foreign participation in the capital of the Russian mass media was adopted in 2014. In order to fulfill the law, large publishing houses and media holdings had to change the ownership structure.


The founder of the Magnit store chain, Sergei Galitsky who sold 29.1 percent of his companys shares to the VTB group for $ 2.44 billion in early 2018, headed the annual ranking of Russian billionaires with the highest income composed by the Forbes magazine.


Unicredit Bank ranked first in the top 100 of the most reliable banks in Russia compiled by the Forbes magazine.


The Bank of Russia posted the information about the economy sectors that created the main demand for undisclosed financial services in 2018 on its website.


The first guarantee under the letter of credit issued by the Moscow Guarantee Fund allowed the supplier of aerodrome special equipment to strike a deal worth 700 thousand euros.


Turning Wildberries into a unicorn company makes its sole owner Tatiana Bakalchuk a billionaire.


The trend towards the transformation of Russian Internet companies into ecosystems and the consolidation of the industry led to changes in the Forbes rating.


It is proposed to create "regulatory sandboxes" for the blockchain, neurotechnology, robotics, systems based on big data and wireless communications in Russia in 2019.


In the next five years, Russia may significantly increase gas supplies to Europe and its share in the local market.


Research: every third Russian entrepreneur was requested to pay a bribe in 2018.


Following the results of 2018, inflation in Russia amounted to 4.3 percent compared to 2.5 percent in the previous year.


Russia is at the final stages of its economic cycle and experiences a recession, as the analysts of the Vanguard investment company noted in their forecast of the world economy for 2019.


Rosseti PJSC (Russian power company) aims to create their own SCADA system in three years.


Law enforcement agencies have recorded a total of 34.12 thousand such cases. This category includes the violations of the Criminal Code related to money laundering, illegal businesses, forging securities, etc.


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