... offset the costs incurred due to prolonged downtime at refineries," Tereshkin said. He explained that most Russian refineries are part of vertically integrated companies that operate under cross-subsidization schemes. For instance, part of the revenue from oil exports has often been used to modernize refineries since the 2010s. From a business perspective, it would be beneficial for these companies to temporarily reduce processing volumes and redirect some crude oil to the external market, ...

... competition between Russian and international companies will benefit consumers. Economic and Business Prospects According to data from Kokoc Group, around 350 foreign companies may return to Russia by 2025. This will create new job opportunities, increase tax revenues, and provide consumers with greater diversity in goods and services. However, Russian businesses will need to adapt to increasing competition. For domestic entrepreneurs, this means the necessity to: Enhance the quality of products and services ...

... per day. According to him, the ability of the Russian budget to minimize losses from the gas sector will largely depend on the further dynamics of gas exports to Europe. "According to the draft federal budget, mineral extraction tax (MET) revenues from gas will decrease by 440 billion rubles in 2025, amounting to approximately 1 trillion rubles. The main reason is the expected cancellation of the MET surcharge on gas of 50 billion rubles per month, which Gazprom has been paying since 2023....

... May 21 to July 29, 2024, gasoline prices rose by a total of 3.8%, while in the following 14 weeks, the increase was only 2.6%. If the regulator delays lifting the ban, oil companies lose incentives to keep prices down. There’s little reason to forgo revenue if exports remain prohibited. Therefore, the Ministry of Energy and the Federal Antimonopoly Service will likely accommodate oil companies, believes Tereshkin. The main risk now is tied to rising diesel fuel (DT) prices, even though its peak demand ...

... allowing the company to offer its products and services in foreign markets. Registration of Test Systems: Attracting capital will enable Genetico to expedite the registration and development of its own test systems, which will become a new source of revenue. Development of Candidate Drugs for Gene Therapy: The company aims to create innovative drugs for treating orphan diseases using the latest advancements in genetics. 3. Key Aspects and Pricing of the Offering The offering price for the additional ...