... interventions in the market as part of its budgetary regulations, positively impacting currency supply. Tax Period During this time, exporters traditionally sell currency to pay taxes, increasing demand for rubles. Rising Commodity Prices The increase in the prices of oil, gas, and gold — Russia's main export commodities — supports currency inflows and strengthens the ruble. High Interest Rates The attractiveness of ruble-denominated assets for investors remains high due to significant interest rates. Restrictions on ...

... expenditures up to 400,000 ₽ per year). PIFs within an IIA can yield additional deductions. Taxes on the sale of securities and dividends are imposed at the standard rate (13%/15%). Conclusion: Stocks and funds have the potential for higher returns through price appreciation and dividends, but they also come with high volatility. It is advisable to complement a mid-term portfolio with "blue chip" stocks (gas, oil, finance) and international ETFs to mitigate risks across countries and sectors. Companies with solid business foundations yield decent dividends, and stocks from the tech sector (though not directly accessible to Russians) can be substituted ...

..., striving to minimize the negative impact on the environment. Reduction of carbon dioxide emissions: Installation of modern gas cleaning systems at metallurgical plants allows to reduce CO2 emissions by 20%. Transition to more energy-efficient equipment ... ... panels. The company develops long-term relationships with international customers, ensuring stable supplies and competitive prices. UMMC's Impact on the Russian Economy 1. Regional Development UMMC plays a key role in the development of the regions where ...

... Industrialists Alisher Usmanov – wealth increased by +$3 billion to $16 billion, driven by stable demand for steel and projects in the IT sector. Viktor Vekselberg – growth of +$3 billion , for a total of $10.3 billion; supported by rising aluminum prices and export supplies. Suleiman Kerimov – added +$2.6 billion , bringing wealth to $9.6 billion; a key factor was the revaluation of gold mining assets. 4. Resource Giants: Oil & Gas and Mining Classic resource sectors continued to generate superprofits for their owners: Vladimir Potanin – +$2.5 billion , totaling $30.4 billion; a positive trend was aided by a nickel shortage in the global market. Alexey Mordashov – +$2 ...

... months of 2025 under IFRS (the largest Russian online retailer). BP plc – financial results for Q2 2025 (a British oil and gas corporation, one of the leaders in the global energy sector). These reports will allow an evaluation of the state of both ... ... dynamics of the Russian e-commerce market amid a changing economy. BP’s report will demonstrate the impact of declining oil prices in the first half of the year on profits and business efficiency. Overall, the corporate earnings season remains a key ...