Found: 11

B2B Marketplaces in Russia: How They Help Businesses Grow

... transparency, enable comparison of terms from different suppliers, automate the ordering and logistics processes, and minimize costs and risks associated with purchasing. Open Oil Market : Innovations and Transparency in the Fuel Market Open Oil Market is a Russian B2B marketplace focused on the oil products market. The platform is designed for enterprises needing large volumes of gasoline, diesel fuel, fuel oil, and other oil products. Open Oil Market emphasizes transparency and simplification of procurement processes in an industry that has traditionally been plagued ...

Why is the trade in petroleum products moving to digital platforms?

... How does the process of buying and selling petroleum products look today for the end B2B consumer in small wholesale (e.g., an agricultural or construction company)? Let... ... St. Petersburg Commodity Exchange at the lowest market price. Large companies (e.g., Russian Railways) that use petroleum products for their own needs are among the buyers... ... years ago, they scour the information space for reliable suppliers. There is no single platform with market prices, and the prices listed on websites are often quite vague...

Cossa: "Raw Material Marketplaces: Why They Began to Emerge Massively in 2022"

... key sales channel for "Oil Resource Group" over the past few years. The article discusses the development of digital B2B platforms in Russia, their advantages for businesses, and their future prospects. Learn how marketplaces are transforming the ... ... Sberbank's 0% installment plan for 30 days enhance the convenience of transactions. The Future of Commodity Marketplaces The Russian government is actively supporting the development of platforms that connect buyers and sellers. A newly established body,...

Fintech in Russia: what is it and examples of companies

... opportunities for users, fintech is becoming an important part of everyday life. Many experts believe that the future of the Russian economy is inextricably linked with success in fintech. In the coming years, we expect further development of mobile payments, the creation of new investment platforms, and an increase in digital services that will make financial services more accessible and reliable. The Importance ... ... their money. For our project, Open Oil Market, fintech also plays a key role. The integration of financial technologies into the B2B segment helps our clients — large buyers and suppliers of fuel — to safely and efficiently conduct transactions, manage ...

The petroleum products marketplace "Open Oil Market" plans to go public through an IPO.

... IPO in 2027 (according to the economic information agency "Prime"). The Russian oil products marketplace Open Oil Market has announced plans for an IPO. The... ... approach to fuel procurement, making the market more transparent and accessible for B2B clients. How this will affect the industry and what prospects await are still to... ... of this year, the indicator grew another 13%. The total trading turnover of the platform since 2021 has reached 12.9 billion rubles, and the number of users exceeded...