Russia Economy Thread

pmc

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Turkey is not cheap when you look at overall cost with flights but numbers are higher than last year. it is like increasing disposable income.
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Russian Ambassador to Türkiye: 6.5 million Russian​

tourists visited Türkiye in 11 months of 2024​


Russian culture festival in Bahrain.

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Opening of the "Russian Seasons" Festival in Bahrain​


Russia has cooperative agreements with many Arab countries and keep increasing.
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Moscow State University begins implementing joint scientific projects with Saudi Arabia..Technology​


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Teachers from Chechnya held classes for schoolchildren in Dubai​




This Dubai is called City of Gold. from there the wealth Creation of Gulf Emirates started and now branch out many other fields.
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Gold prices touch historic levels​


There was beauty constest Miss Tatarstan. The message is Gold. This Tatar merchants have played key role in Russian empire.

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pmc

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Manufacturing PMI 53.1 in January. this longest and most complex expansion of Russian industry.

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Russia's manufacturing sector posts fastest growth in nearly 6 months​


This Hyundai/Kia but manufactured under Solaris brand but Tech echo system is Russian.
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Solaris models receive the "Digital Car" ecosystem​



They are going to build road bridge to North Korea. but the fundamental project is to shift population to East.
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A road bridge between Russia and North Korea will be built by 2027​

The construction will be carried out by Sochi's "TonnelYuzhStroy"

This is like 2 years before they get first child. After current support they are now going into future. The person heading is managing the whole infrastructure projects. he is from Kazan. It is not just infrastructure but that Culture Russian season that is going into various countries of Gulf Monarchies are the same people. That Gift from Emir of Bokhara to Russian Imperial court.
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Russia may introduce preferential mortgages for those planning to have a child​



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pmc

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Russia composite PMI is 54.7. the GDP is understated relative to PMI numbers and this despite exodus of people.
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Taken together the S&P Global Russia Composite PMI Output Index, which tracks both services and manufacturing, climbed to 54.7 in January from 51.1 in December. The overall expansion was the sharpest in a year, underpinned by “a faster rise in new orders” and “solid growth in private sector output.”

This time culture and products combine and it is on beach.
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UAE hosts first Made in Russia festival and exhibition​

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They want to replicate what is in Gulf but we have to see.
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Russia to build first artificial island in Black Sea in 2026​


Russia if spend 2% on Science than according to Putin Russia will be one of leader in Science in funding. unless he only referring to fundamental science.
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Putin stated the importance of superiority of Russian science-intensive technologies in various spheres​

Earlier in the day, the Russian leader said that by 2030, domestic spending on science
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of the country's GDP. According to Putin, this will allow Russia to become one of the world's leading countries in terms of funding in the field. He added that funding will come from the state budget, as well as with the involvement of technology partners.


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Kovalchuk: Russia has always been at the forefront of technology​

The country is successfully restoring its technological leadership in all sectors, said the head of the Kurchatov Institute Research Center
MOSCOW, February 6. /TASS/. Russia has always been at the forefront in terms of the level of development of science and technology, which inevitably determine the power and image of the country. Today, it is successfully restoring its technological leadership in all sectors, says Mikhail Kovalchuk, head of the Kurchatov Institute National Research Center.
 

Serb

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I just thought once again about how stupid westoids are once I saw this immediately.

How can real wages in Russia rise so much if Putin currently relies on the government to "print money" on the "military spending" to keep it stable and grow the economy in their opinion?

Considering Russia's total labor force is approximately 75 million people, the combined total of active military personnel (1.5 million) and defense industry workers (3.8 million) is about 5.3 million individuals.

This means that approximately 7% of Russia's total workforce is directly employed in military and defense-related sectors.

To increase the average real wages of the entire country by 8.4% ALONE, the wages of the 7% workforce (military and defense-related sectors) would need to increase by approximately 120% (or 2.2 times their current level).

Which clearly did not happen, meaning the civil economy sectors had to contribute mostly.

This meant further that the businesses in the civil sector could offer higher wages now and needed to compete with one another due to the rise of economic activity in the civil sector predominantly, and not the defense sector!!!






Edit: Additionally, if the economy was led by government money printing and spending on the military, there is no way that you would have seen any positive real growth since there would be a shortage of common civil goods. The only way to fight inflation is to build enough supply of common civil goods in the economy which is what has been happening. So this war and sanctions actually, like I was saying the entire time, kickstarted the renaissance and turbo-charing of the Russian economy. Or else you would have seen 1000 times more protests and discontent. This is what happens when oligarchs and businesses now can't take money out for example and have to invest everything inside, when all of the businesses are forced to innovate and contribute to the real economy, and when every local politician must be kept in check from corruption.
 
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pmc

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Rostec that provide 80% of systems has 700K employees but 40% of its products also used in Civilian production like Kamaz has both military and Civilian version. Medical equipment that is used both for Military and Civilian. Helicopters have both Civilian and Military versions. similar with drones. There is no way to separate military production unless there is very specific ammunition and missile factory.
only way 3.5m worker in defense production if the raw material and processing companies added but they produce for every one.

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Rostec names number of employees in state corporation

Rostec: the number of employees in the state corporation will reach more than 700 thousand by the end of the year​

MOSCOW, November 23 - PRIME. By the end of 2024, more than 700 thousand people will work at the enterprises of the state corporation Rostec, and by 2028 the staff will be replenished by another 150 thousand new employees, Rostec reported.
"By the end of this year, the total number of employees will exceed 700 thousand people. By 2028, we will need another 150 thousand workers and engineers. Rostec's production capabilities are constantly expanding, muscles are getting stronger, and brains are being pumped up," the Telegram channel says.
It is noted that the pace of production development is shown not only by the figures of financial reports, but also by the staff of enterprises included in the Rostec circuit. "We hire workers by the tens of thousands," the state corporation stated.


100,000 regular, 700K FPV drone and 8,000 agricultural drones in that one city.
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Russia produces lithium-ion batteries for drones Serial industrial production of lithium-ion batteries with a capacity of 20 megawatt-hours per year has begun in the Russian city of Togliatti,​

 
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