The French company Danone, one of the largest producers of dairy products in the world, will close two factories in Russia. According to a statement made by company representatives to the newspapers Izvestia, the French company will close its plants in Tomsk and Cheboksary.

“After a company-wide reorganization, the Tomsk dairy plant will be closed. There will also be a consolidation of production facilities in Kemerovo and Krasnoyarsk. The Cheboksary dairy plant will also be closed and its …

Russian Sports Minister Vitaly Mutko has voiced his dissatisfaction with the investigation of FIFA corruption.  The Minister said that the International Football Federation is under serious pressure from investigators from the US and Switzerland who are in charge of the probe.

"We can see how FIFA is put under a lot of pressure by the law enforcement systems of the United States and Switzerland; they professionally and methodically examine international football piece by piece. He who seeks …

At a meeting with cabinet members, Russian President Vladimir Putin called for increasing the amount of high-quality but inexpensive Russian products on the market. Putin said that profiteering has led to a decline in living standards in the country, and has produced an unjustified increase in the cost of products, goods, and services.

“Today, unreasonable, frankly profiteering price hikes on goods and services are leading to lower living standards. We need to use all market instruments …