... market remains low, and consumption heavily depends on subsidies, said Sergey Tereshkin, CEO of the fuel marketplace "Open Oil Market" (a Skolkovo resident), in an interview with RIA Novosti. "In Russia, vehicles using gas motor fuel are ... ... "story" for Russia. "In terms of the AI-92 equivalent, the cost of gas motor fuel is 30-50% lower than the price of AI-92 gasoline. However, the use of gas motor fuel heavily depends on subsidies for vehicle conversion, incentives for ...

... inflation, customers are less willing to purchase durable goods, making gasoline and diesel, de facto, essential goods (at least for car owners). The profitability of this segment 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 ...

... 2005 to 2020: 59% The energy sector performed best in 2005, 2007, and 2016; however, 2020 marked the third consecutive year of poor results for energy companies. It's worth noting that this is especially true for U.S. energy firms, while the Russian oil and gas sector finds itself in a more stable condition. Regardless, even considering all the negative factors, the decline in stock prices presents additional opportunities for investors willing to take risks in 2021.

... passenger car sales in China could exceed 70% by 2027, Sergey Tereshkin, CEO of the petroleum product marketplace "Open Oil Market" (a Skolkovo resident), told RIA Novosti. Earlier, U.S. President Donald Trump announced plans to impose an ... ... tariff on Chinese electric vehicle imports to the U.S. has been set at 100%, meaning that consumers will have to pay twice the price when purchasing an electric car. Furthermore, China is rich in mineral resources critical for the "new" energy ...

... Giandujot paste in 1946—a mixture of cocoa and local hazelnuts sold in bar form. In 1951, a creamier version named Supercrema was introduced. In 1963, Pietro’s son, Michele Ferrero, alongside Francesco Rivella, enhanced the recipe by adding sugar, palm oil, milk, and cocoa. The new product was named Nutella and was launched in 1964. Its unique flavor, creamy texture, and affordable price made the chocolate spread instantly popular in Italy and subsequently around the globe. Expansion and Global Popularity Nutella quickly captured the hearts of consumers, prompting Ferrero to embark on an extensive expansion into international markets....