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The activity of small- and medium-sized businesses in Russia hit a record high in July, with the RSBI (Russian Small Business Index) reaching 57.1 points, according to the latest study by Promsvyazbank (PSB). The figure is well above the 50-point threshold which indicates that business activity is growing.

Rapidly growing domestic manufacturers are now eyeing foreign expansion, Maksim Oreshkin told the Eastern Economic Forum in Vladivostok New domestic brands are rapidly growing in Russia and expanding into foreign markets, President Vladimir Putin’s economic adviser, Maksim Oreshkin, said on Sunday.