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Tmall enters in the Russian DIY market
The Chinese marketplace Tmall, a part of the Alibaba Group, launches trade in goods for home and repair in Russia. The service is available to buyers since April 26, writes “Kommersant”. At the first stage the assortment portfolio will include 250 names, within half a year the company plans to expand it to 4,000 names. The first partners of the company in Russia will be the brands Robert Bosch, Gardena, Makita, Metabo.
Turkish clothing retailer Koton will open in Russia "dozens of shops"
Large Turkish clothing retailer Koton plans to open in 2018-2020 years "several dozen stores" in Russia, reports FashionUnited, citing a representative of the company. The company plans to increase the total sales area in Russia up to 150 thousand sqm, and the number of employees — up to 3 thousand. At the present time in the Russian stores, the company employs 1 million people. 
Turnover of Finnish dairy producer Valio in Russia increased by 14%

Turnover of Finnish dairy producer Valio in Russia increased by 14%, according to Delovoy Peterburg.

The volume of production owned by OOO "Valio" — a subsidiary of the concern — the plant in Moscow region grew by 18% in 2017. Maximum production capacity increased from 10 to 15 thousand tons and the volume of investment in the plant exceeded the €67 million. Also a 9% increase in the manufacture of Valio products in five partner companies in Russia.

Major retailers have warned of a possible shortage of goods due to problems with the accounting system

The largest trade networks of Russia — in particular, X5 Retail Group and Magnit — warned about the possible shortage of goods due to the unwillingness of suppliers of animal products to work in the new system of veterinary certification "Mercury". According to X5, about half of the 1,500 suppliers have not confirmed their readiness to work in mercury, the data also confirm in Magnit.

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The growth rate of prosperity in Russia over the past two years has exceeded the world average, analysts from the Boston Consulting Group said.
The authorities admitted that they could not keep inflation within 4%. It will be possible to return to this target indicator only in the second half of 2022, according to the analytical commentary of the Central Bank.
The OECD predicts acceleration in the global economy and a slowdown in the domestic Russian economy. The decline in household incomes and the contraction of consumer demand may become an additional brake on the recovery of the Russian economy.
According to Rosstat, the economic downturn in Russia in 2020 amounted to 3.1% – significantly better than expected.
The Deputy Chairman of the Bank of Russia Alexey Zabotkin emphasized that the potential economic growth rates do not depend on monetary policy, they are influenced by demography, labor force, and the efficiency of institutions.
MARKET INDICATORS
Retail in Russia
Retail in Russia
Russia and China
Russia and China
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
Real estate
Real estate
Real estate Russia
Real estate Russia
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