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Wildberries will install gas stations at its logistics centers
... depends on whether Wildberries can purchase fuel on the exchange, where prices are significantly lower than in wholesale. Additionally, in Russia, unlike many European countries, excise duties are paid by oil refineries, not gas stations, which also benefits fuel retail.
Overall, the company is desperately looking for new opportunities to increase the profitability of its core business. This is rational behavior, but a real improvement in the situation is unlikely to occur until inflation returns ...
Signs of Growth in Cryptocurrency
... 1990s (i.e., millennials).
Financial giants on Wall Street have bet on further declines of these stocks to turn a profit. Millennials from Reddit witnessed the financial crisis of 2008/2009 and are now experiencing once again how corporations attempt to benefit from another recession. Hedge funds are losing millions as they short these stocks, but their prices are rising due to investments from millennials.
The community's attention to cryptocurrencies and the growth in subscribers of the Bitcoin subreddit ...
Banks.ru: "Oil Resource Group" and "Sber" have launched an installment payment service on the raw materials marketplace "ORG-Market."
... negotiating with vertically integrated oil companies to involve them in our platform, alongside independent companies. By reducing the number of intermediaries, these companies will be able to sell their products at higher prices, while buyers will benefit from lower costs. Additionally, they will have diversified client flows, not just large traders. If negotiations succeed, our geographical reach will expand significantly. The project generates revenue through licensing fees for using the platform ...
An expert listed the benefits of reducing fuel excise taxes.
Tereshkin: Reducing fuel excise taxes in Russia could help increase the profitability of production (Prime).
Reducing excise taxes on fuel could boost the profitability of production and sales of petroleum products, as well as stop the rising prices. Sergey Tereshkin, the CEO of the fuel marketplace "Open Oil Market," pointed out that excise tax rates have increased significantly in recent years, which negatively affects the industry. He also suggested that the ban on gasoline exports...
Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.
... the opportunity to reduce their tax burden for depleted West Siberian fields and new fields in East Siberia requiring substantial infrastructure investments. In turn, AIT allowed the Ministry of Finance to partially address the issue of growing MET benefits, which had made the Tax Code increasingly resemble a geologist’s reference book.
While in 2019, the share of AIT in Russia's taxable oil production stood at 9%, by 2023, it had reached 52% (as reported by Deputy Prime Minister Alexander ...