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Startup and Venture Capital News — August 4, 2025: AI Boom, Mega-Rounds, and Global Expansion
... countries to develop their own startup ecosystems, keeping an eye on global trends. At the St. Petersburg International Economic Forum (SPIEF 2025), a new venture fund from PSB bank was announced in collaboration with partners—targeting around 12 billion rubles, with funds directed towards supporting dual-use projects (drones, AI, robotics, and other high-tech fields). Besides government institutions, private players are also becoming active: for instance, venture firm Kama Flow launched a new fund of ...
High Recycling Fee Hinders Electric Vehicle Sales
... the EU it reached 21%, and in China it was as high as 48%.
One of the contributing factors is the increase in tax burdens. Starting this year, the utilization fee rate for electric vehicles "up to three years old" has been raised from 32,600 rubles to 667,400 rubles. This is particularly critical in a context where the transition from gasoline-powered cars to electric vehicles is complicated by the relatively low availability of charging infrastructure, especially for long-distance travel....
What Tax Incentives are Available for Entrepreneurs and Investors in Russia?
... tax burdens and enhance investment returns:
Individual Investment Accounts (IIA). This is one of the most popular tools for private investors in Russia. It allows for two types of tax deductions:
Type A - a deduction for contributions up to 400,000 rubles per year, enabling a tax refund of up to 52,000 rubles. This is suitable for those paying personal income tax (PIT) at the rate of 13%.
Type B - exemption from taxation on income derived from securities transactions when the IIA is closed. This ...
Why the ban on gasoline exports did not stop the rise in gas station prices
... 2024 did not lead to a decrease in fuel prices at gas stations. Despite the export restrictions, prices continued to rise due to several factors, including scheduled refinery maintenance, an increase in the key interest rate, and fluctuations in the ruble exchange rate. The impact of international oil prices and seasonal factors also play a role in price changes. Experts predict that gasoline price growth will outpace inflation in 2024, especially for premium fuel grades.
Retail gasoline prices ...
Startup and Venture Investment News — Monday, July 28, 2025: Venture Boom, Record Deals, and IPO Surge
... being taken to develop their own startup ecosystems in line with global trends. At the Saint Petersburg International Economic Forum (SPIEF-2025), a new venture fund was announced with the participation of PSB Bank, targeting approximately 12 billion rubles for investments in dual-use projects—from drones and artificial intelligence to robotics. PSB Bank is acting as the anchor investor, also attracting private capital; even under sanctions, the market is seeking ways to finance priority technologies ...