Russia Economy Thread

pmc

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Russia december service PMI is 56.2 This the PMI that really show the disposable income of consumers to spend . when you look over 15 year history. Russia PMI stayed well above 50. some spring and summer months almost 60. They are very modest about GDP numbers when you compared countries with similar PMIs.
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Russian services activity grows in Dec at fastest pace since Aug -PMI​

The S&P Global Purchasing Managers' Index (PMI) for Russian services rose to 56.2 in December from 52.2 in November

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Russia 5G base station.
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The deployment of 5G in Russia at domestic base stations will begin in 2026​

Work on the creation of domestic mobile communication systems has intensified after the two largest telecom equipment suppliers, Nokia and Ericsson, left the Russian market last year, and the vendor Huawei took a break. Now the pace of implementation of 5G networks in Russia will largely depend on how quickly mass production of base stations appears in the country.

Yadro is also developing BS in Russia. Unlike its colleagues from Irtea, this vendor creates proprietary equipment and claims to become the fourth company in the world with its own technology stack, along with Nokia, Ericsson and Huawei.

Yadro plans to begin serial production and supplies of BS to telecom operators in the second quarter of 2025. At the first stage, the equipment will support the 4G standard to meet the current needs of telecom operators, and in the future there will be BS for fifth generation networks.
Alexey Shelobkov, CEO of Yadro and Bureau 1440 (part of ICS Holding), also spoke about plans to create a low-orbit satellite constellation to provide communication services, including the 5G standard.

The first three Bureau 1440 spacecraft were launched and put into orbit in the summer of 2023 as part of the Dawn-1 mission to conduct experiments during which video conferencing sessions were carried out and were able to achieve speeds of 40-50 Mbit/s . Satellite launches will continue in 2024. The launch of a commercial satellite Internet service is scheduled for 2027, which will provide data transmission at speeds of up to 900 Mbit/s with a delay of 70 ms. For basic coverage, the company will need 250 satellites, and for global coverage, about 700 spacecraft will be launched into orbit by 2030. Moreover, it is planned to provide not only high-quality 5G communication through a subscriber terminal, which will distribute a signal to any user devices - tablets, laptops, phones, but also to work on creating a hybrid communication network that will allow ordinary mobile devices to connect to satellites (direct-to- device).

Vladimir Freinkman, director of marketing and systems research at STC Proteus, which is developing the core of the mobile network, is confident that the development of 5G must begin with the B2B segment, introducing private dedicated communication networks.

The main realistic consumer of 5G services is the departmental segment that solves the problems of automation and digitalization of industry, says Vladimir Freinkman. “This is where fifth generation networks will have the greatest effect. This is where delays need to be minimized,” the expert explained.

According to him, 5G solutions may be in demand for such services as control of unmanned devices, video communication at sites, providing communication to certain categories of users who must stay in touch regardless of the congestion of public mobile networks.

“In some cases, in industrial projects, it is sufficient to implement 5G Non-Standalone (NSA) networks using a universal 4G/5G-ready core, which allows you to quickly implement and deploy networks,” emphasized Vladimir Freinkman, adding that today there are more All fifth generation communication networks were launched specifically in the interests of industrial companies.

Telecom operators will approach the issue of developing 5G for the B2C segment very carefully, noted Vladimir Freinkman. The list of attractive services is extremely limited; these are primarily virtual reality, games, and video content. “But in conditions of low ARPU and high availability of connection to fixed networks, payback looks problematic,” he explained.

In 2024, Proteus intends to begin pilot projects with a 5G network core in Standalone (SA) mode. The implementation of these developments on private networks is planned to begin in 2024-2025, readiness for commercial implementation of individual components on public 5G SA networks - in 2025-2026, and comprehensive implementation on public networks - in 2026-2027.
 

pmc

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They are expecting to spend $8b on developing UAVs for Civilian purpose. They also show impact on productivity like in Agriculture and inspections of infrastructure.
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From small to large. How the drone industry will develop in Russia​

It is expected that by 2030 more than 32 thousand aircraft drones will be produced per year, the secretariat of the First Deputy Prime Minister of the Russian Federation Andrei Belousov reported.​


Several experiments have already been launched in Russia on the delivery of parcels by drones; unmanned trucks began plying along the M-11 Moscow-St. Petersburg highway in the summer of 2023, and in Moscow and several other cities, orders are delivered by Yandex robot couriers. Railway workers have not ignored unmanned transport either - Russian Railways are actively looking at unmanned technologies and plan to launch unmanned Lastochkas on the MCC in the summer of 2024.
Thus, the annual production volume of UAS by 2030 (with the exception of educational drones) is planned at 32.5 thousand units. “This is almost three times higher than the current production volume. Moreover, it is planned that the share of Russian UAS will be 70% of the market in these types of UAS,” the secretariat noted.

For comparison, according to the Ministry of Industry and Trade, in 2023 the production of UAS could be about 6 thousand units (final data for the year is not yet available), in 2024 - almost 11.7 thousand units. “These are the volumes that affect UAS with a take-off weight of 1 kg and above. We assume that domestic manufacturers have every opportunity to achieve these indicators,” noted the press service of the Ministry of Industry and Trade.

“We can already state proven effects from the use of UAS: a 2-fold increase in labor productivity in agriculture when processing plants, a 13% reduction in the cost of agrochemicals, an 8-fold reduction in the risk of accidents due to objective inspection of power lines, 5 times higher speed inspections, a 3-fold reduction in the cost of air patrols of gas pipelines, a 20% reduction in the cost of complex cadastral work, a 2-fold reduction in the cost of field work in geological exploration,” noted the secretariat of the first deputy prime minister.

using drones to escort ships in North Sea Route.
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Russia has developed drones to escort ships along the Northern Sea Route


Putin was shown video of master plan of Far Eastern cities. this is part of plane to shift population to East. Already Rogozin mentioned it in interview.

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Putin in Khabarovsk got acquainted with the presentation of master plans for Far Eastern cities​

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Russian President Vladimir Putin arrived at the Pacific State University in Khabarovsk on January 11.

this interview about Tu-214 was already posted but one important point was not in that. that new automated assembly line for PAK-DA is now going to be used for Tu-214. Tu-214 is as important project like MS-21 when you look at what they want to do with it from special mission to special rossiya squardon aircraft to cargo.
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— As I understand it, the discussed final assembly workshop was initially intended for other aircraft (PAK DA, FI Editorial).


Yes, we changed its purpose — it is now entirely dedicated to the Tu-214 program.

This Russian delegation met with Saudis about mineral development. certain things are too important even if there is no bandwidth to deliver.
 

pmc

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Putin is doubling down on GDP. not only they revised 2021 upto 6%. but also change the decline in 2022 and now saying 2023 could be more than 4%. based on historic PMI numbers Russia GDP growth should be much higher.
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Vladimir Putin allowed GDP growth in 2023 of 4%
“More than four [percent]? Well, maybe. We are experiencing a decline, [Head of Government] Mikhail Vladimirovich [Mishustin] told me before leaving here, we always calculated the decline in 2022 - 2.1%, in fact it turned out to be 1.2%,”
But 4% is not an exact result; greater growth is possible.

“Therefore, maybe there will be more GDP growth [for 2023],” - Putin concluded.

Atleast in construction sector i believe that Russia much bigger than Europe once you look at the whole picture.
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In terms of purchasing power parity, we have overtaken the whole of Europe, but per capita – we still need to try. Therefore, there is something to work on,” added the head of state



first time Putin constantly mentioning weather when visiting cities in Far East. it is encouraging people in polite way to shift.
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KHABAROVSK, January 11. /TASS/. Russian President Vladimir Putin, starting a meeting with Far Eastern entrepreneurs, called the weather in Khabarovsk wonderful.
“It’s beautiful, it’s bright, the sun is shining, the weather is wonderful,” said the head of state.

Putin’s meeting with entrepreneurs takes place at the Pacific State University.

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Putin compared the frosts in Moscow with those in Chukotka​

Putin: The weather in Chukotka now differs little from Moscow


A team of UAE visiting one of Russian regions in South. These are the modern day multiple Warren Buffets. Russia is very keen in this historic shift in wealth.

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pmc

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30% of Russian tourists choose UAE as new year holidays which are considered longest in Russia almost two weeks. Turkey at 10% for new year. Through out the year Turkey usually in top 3 of foreign holiday destinations.

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The UAE replaces Egypt as a leading destination for Russian tourists on​

New Year's holidays​


Dagestan got 1.75m tourists. important thing about Dagestan is that it may well be the most militarized families in Russia and if they are in military who will get employed in tourism? but they want to get into tourism in big way and this the place where there are Sand dunes, Canyons, Sea, Ski, oldest cities all at once. If they want to become Sochi (winter olympic city) than you are looking at hundreds of billions in today dollars. Every thing is on grand scale once you compare it with Western Europe.

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11 January 2024, 14:14

Tourist flow to Dagestan in 2023 increased by 16.7%​

MAKHACHKALA. JANUARY 11. INTERFAX — Dagestan received 1.75 million tourists in 2023, which is 16.7% more than in the previous year, according to the telegram channel of the region’s Ministry of Tourism

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UAC start new year with VASO employees. you can already see widebody is important. 3 IL-96 are under construction. 8 in Service ( this i think exclude VKS and special flight squadron of about 13 aircrafts).

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Let's start the new year 2024 with energy and positivity together with VASO employees

5,600 employees, 3 Il-96s under construction, the first experimental passenger Il-96-400M in flight tests, 8 aircraft in service, dozens of units and aircraft kits for MS-21, Il-114, SJ-100, Il-76, Competence centers for engine nacelles and pylons! All these are Voronezh aircraft manufacturers!

first picture of SJ-100 with PD-8. this plane is now designed for 110 passenger based on engine website. it is as wide as A320.
MS21 is in different class due to width and composites.
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pmc

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how can 4% GDP growth produce $4.5b of budget surplus when Fed budget is in deficit. thats why Russian statistics are just statistics unless some visual and practical confirmation.
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The surplus of the consolidated budget of the Russian Federation in January-November increased to 409 billion rubles.​

Moscow. January 12. INTERFAX.RU - The consolidated budget of the Russian Federation in January-November 2023, according to preliminary estimates, was executed with a surplus of 408.6 billion rubles, according to materials
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of the Federal Treasury.

The budget became surplus
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(212.8 billion rubles) after it was executed with a surplus of 1 trillion 37.2 billion rubles in October.

The only issue is whether he is going to use stick to shift people. Putin already praised the weather.
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January 14, 01:30,
updated January 14, 01:34

Putin said that the future of Russia lies in the Far East and the Arctic​


They have highspeed rail website.
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At the Faculty of Political Science of Moscow State University. M.V. Lomonosov held a scientific and practical conference “High Speed Day. Socio-political aspects of the implementation of high-speed rail traffic projects in Russia.”​


During the event, the dean of the Faculty of Political Science of Moscow State University gave a welcoming speech. M. V. Lomonosova Shutov A. Yu.

A report on the topic “Infrastructure and trains of future generations” was made by the head of the Center for organizing high-speed and high-speed transport of JSC Russian Railways, D.V. Katsyn, and also from JSC Russian Railways, the chief engineer of the Directorate for organizing high-speed transport, Arabadzhi A.I.

During the conference, issues of speed development in railway transport, agglomeration processes and the effects of the launch of high-speed rail, the role of high-speed rail in the connectivity of regions, the engineering school’s own developments, information support for the high-speed rail construction project, work with government bodies and public organizations were discussed.

The students expressed a desire to actively participate in the implementation of the HSR project as part of their internship.

The conference participants noted that the development of high-speed rail traffic in Russia is a complex interdisciplinary task that covers several key sectors of the economy, concerns all levels of government and has a huge and long-term socio-economic effect, which inevitably has a political dimension. Therefore, it requires an interdisciplinary approach and appropriate scientific, practical and educational support, close cooperation between technical and social sciences.

The event was also attended by the President of the Russian Academy of Transport NGO A. S. Misharin, the rector of the St. Petersburg State Transport University of Emperor Alexander I. O. S. Valinsky, the head of the expert-analytical department of the Central Executive Committee of the All-Russian Popular Front O. V. Pozdnyakova, deputy Chairman of the Public Council under the Ministry of Transport of Russia Kior A.I. and others.

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pmc

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Turkish export to Russia reach $9.5b in 2023.
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Russia followed as the second market that saw the biggest increase in exports, as shipments rose by around $1.78 billion to $9.42 billion from $7.65 billion in 2022, the data showed.
70% of Russian want to reside in individual homes. whether they can afford it is another matter.
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In 2024, the Russian real estate market expects a decrease in the cost of new buildings​

In 2024, the Russian real estate market expects a decrease in the cost of new buildingsMeanwhile, there is such a popular segment of the real estate market as individual housing construction, which recently began to be covered by preferential mortgages. According to research, more than 70% of Russians want to live in their own home, and 56% of those who live in an apartment would like separate housing. Thus, redirecting developers’ resources to individual housing construction will reduce pressure on the “primary ” market and prevent the construction industry from sinking into stagnation.

About 110 m sq meter of housing under construction.
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According to ERZ.RF, in total, the top 10 largest developers as of January 1, 2024 are building 21.46 million square meters of housing (19.09% of the current construction volume of all developers in Russia). A month earlier, the same companies had 21.80 million square meters of housing in current
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(19.04%). The top three account for 12.13 million square meters, or 10.79% of housing under construction in the country.
 
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