Russian Economic Developments - №5 - 2015

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Experts of Gaidar Institute for Economic Policy present a survey "Russian Economic Developments" №5, 2015.

In this issue: Inflation and monetary policy in March 2015 - Financial markets in April 2015 - The Russian banking sector in Q1 2015 - The State Budget in Q1 2015 - The real sector of the economy: factors and trends in March 2015 - The Russian industry in March 2015 - Domestic prices for motor gasoline. Is it permissible to increase them? - A review of trade in merchandise and services in 2014 - Russian foreign trade in February 2015 - On the strategy of sustainable development of rural areas of the Russian Federation for the period till 2030 - Privatization dynamics and the state of property relationships in 2014: key trends - A new Russian National Defence Control system: reform or imitation? - Review of the meeting of the Government of the Russian Federation in April 2015 - Review of economic legislation in March 2015 - A review of taxation regulatory documents adopted in March-April 2015 - Changes in the regulatory base of the budget process in April 2015 

Download Russian Economic Developments - №5 - 2015

Networking meeting in St. Petersburg, 19 May 2015

On 19 May, the NRCC Networking Meeting took place in St. Petersburg, in the facilities of NRCC member company Hotel Radisson Royal.

About 55 participants took part in the meeting

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Russian and Norwegian NRCC member companies and organizations participated in the meeting, as well as as officials from both countries

The meeting was opened by welcome speech from Mr. Jørn Tverseth, NRCC Project Manager and moderator of the meeting.

Study trip for Russian tour operators to Northern Norway and Oslo, 10-17 May 2015

In August 2014, the Norwegian-Russian Chamber of Commerce has signed a 3 years Program Agreement with the Ministry of Foreign Affairs of Norway. One of the central projects within this agreement is Tourism Development Norway – Arkhangelsk & Murmansk regions. The project aims to strengthen commercial relations within tourism and related travel industry – like leisure adventures in the immediate border area between Norway and Russia. 

Within the framework of the project, NRCC has organised study trip for Russian tour operators to Northern Norway and Oslo. During this promotion trip participants were introduced to some of the most beautiful places in Northern Norway. The trips started in Kirkenes and finished in Oslo. In the trip participated representatives from 9 biggest tour companies in Russia from Murmansk, Arkhangelsk and Nenets areas.

Fishing trip

Fishing trip organised by Visit Lyngenfjord  


Research cooperation with Russia

The Research Council has drawn up roadmaps for cooperation with eight priority countries outside of the EU/EEU including Russia.

This roadmap on research cooperation with Russia contains background information about the research policy and the research and innovation systems in the country, Norwegian-Russian cooperation within research, and an assessment of areas of and opportunities for cooperation.

The roadmap is intended to provide a basis for setting priorities and encourage more targeted cooperation with Russia.
All roadmaps are a follow-up of the white paper on research (2012–2013) "Long-term perspectives – knowledge provides opportunity", which identifies these eight priority countries.

Download Roadmap for bilateral research cooperation with Russia, by the Research Council of Norway.


Beiten Burkhardt

Newsletter: Legislative regulation of the legal status of foreign citizens in the Russian Federation

A newsletter on the topic of the current state of the legislative regulation of the legal status of foreign citizens in the Russian Federation has just been released by law firm Beiten Burkhardt. The newsletter addresses following questions:

  • Permits to stay in Russia
  • Employment of foreign citizens
  • Liability for violation of the law on the legal status of foreign citizens

Should any questions arise, our team of BEITEN BURKHARDT will be pleased to offer advice in more detail.  

The Research Council of Norway - NORRUSS project

RCNNORRUSS is the Research Council's first social science research programme on Russia and the High North. The programme was created and planned for the period 2012 – 2016, comprising of two main thematic dimensions, both with views to Norwegian interests: Challenges and Opportunities in the High North. Russia`s Relations with the Outside World and Developments in Russia - Politics, Economy and Society. The Norwegian Ministry of Foreign Affairs have funded the programme and the guidelines for the programme is laid out in three agreements between The Research Council of Norway (RCN) and the Ministry of Foreign Affairs (MFA) (separate with Section for Russia and Section for Northern Areas). 

The Research Council of Norway has recently published a report describing the four of NORRUS projects  -  “Prosjektpresentasjoner: Bak gardinene i det russiske hus” – in Norwegian only.

Click on the link to read the full projects' description

Norwegian-Russian Matchmaking Program - Young Entrepreneurs (EPYE)

Program management would like to remind that deadlines for participation in the Norwegian-Russian Entrepreneurship program – Young Entrepreneurs for 2015-2016 are following:
20 May 2015 for participants from Russia
1 June 2015 for participants from Norway
To apply for participation in the Entrepreneurship Program – Young Entrepreneurs, Norway-Russia, is easy. Applications will be processed continuously. It is therefore recommended to apply as soon as possible, and not later than stated deadline. The program has a limited number of study places, and the admission of students is based on the received CV and a letter of motivation.

For more information regarding ongoing recruitment for the next training program in 2015-2016, please see brochures below:



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  Download brochure about the program in pdf (For Russian students) 







Cover NOR  Download brochure about the program in pdf (For Norwegian students)


The aim of the NRCC is to stimulate and improve business relations between Norwegian and Russian companies regarding import, export, shipping, business development, tourism or investment activities. More...


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