More than a third of Russians plan to increase investments in the stock market, the Russian analogue of Zara Home and H&M Home under the Redecoro brand will appear in the fall of 2023, car dealers predicted an increase in sales of new cars and other events on July 5.

Russian analogue of Zara Home and H&M Home, growth in new car sales: highlights of July 5

Finance

  • More than a third of Russians plan to increase investments in the stock market. Residents of the Moscow, St. Petersburg, Perm Territory, Bashkortostan, Sverdlovsk and Samara regions invest more actively than others.
  • Russia’s budget deficit in the first quarter amounted to 2.402 trillion rubles, revenue – 5.678 trillion rubles, expenses – 8.08 trillion rubles. This is reported in an analytical note published by the Accounts Chamber of the Russian Federation on the execution of the federal budget in the first quarter of 2023.

Business

  • The Russian analogue of Zara Home and H&M Home under the Redecoro brand will appear in Moscow in the fall of 2023. Over the next two years, it is planned to open 50 stores with household goods in Russia and the CIS.

Transport

  • Russian car dealers forecast sales growth of new passenger cars and light commercial vehicles in the third quarter of 2023 by 15-18%, to 298 thousand units.
  • Penalties for driving a scooter at the same time as two people can be introduced if the traffic regulations establish a prohibition of such use. This was announced to TASS by Daniil Bessarabov, first deputy chairman of the State Duma Committee on Construction and State Legislation.

Author:

RB team

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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