Concept
Economy of Russia
Related concepts (16)
Vladimir Putin
'Vladimir Vladimirovich Putin' (born 7 October 1952) is a Russian politician and former intelligence officer who has served as President of Russia since 2012. Putin has held continuous positions as president or prime minister since 1999: as prime minister from 1999 to 2000 and from 2008 to 2012, and as president from 2000 to 2008 and since 2012. Putin worked as a KGB foreign intelligence officer for 16 years, rising to the rank of lieutenant colonel before resigning in 1991 to begin a political career in Saint Petersburg.
Gazprom
PJSC Gazprom () is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue. In the 2020 Forbes Global 2000, Gazprom was ranked as the 32nd largest public company in the world. The Gazprom name is a contraction of the Russian words gazovaya promyshlennost (газовая промышленность, gas industry).
Yukos
OJSC "Yukos Oil Company" (ОАО Нефтяна́я Компа́ния Ю́КОС, ˈjukəs) was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky's Bank Menatep during the controversial "loans for shares" auctions of the mid 1990s. Between 1996 and 2003, Yukos became one of the biggest and most successful Russian companies, producing 20% of Russia's oil output. In the 2004 Fortune 500, Yukos was ranked as the 359th largest company in the world.
Federation Council (Russia)
The Federation Council (Сове́т Федера́ции – Sovet Federacii, common abbreviation: Совфед – Sovfed), or Senate (officially, starting from 1 July 2020) ( Сенат ), is the upper house of the Federal Assembly of Russia (the parliament of the Russian Federation), according to the 1993 Constitution of the Russian Federation. Each of the 89 federal subjects of Russia (including two annexed in 2014 and four more in 2022, that are not recognized by the international community) – consisting of 24 republics, 48 oblasts, nine krais, three federal cities, four autonomous okrugs, and one autonomous oblast – sends two senators to the Council, for a total membership of 178 Senators.
G7
The Group of Seven (G7) is an intergovernmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member". It is organized around shared values of pluralism, liberal democracy, and representative government. As of 2020, G7 members are large IMF advanced economies and account for over half of global net wealth (at over $200 trillion), 30 to 43 percent of global gross domestic product, and 10 percent of the world's population (770 million people).
Rosneft
PJSC Rosneft Oil Company (Росне́фть stylized as ROSNEFT) is a Russian integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Russian government through the Rosneftegaz holding company. Its name is a portmanteau of the Russian words Rossiyskaya neft (Российская нефть). Rosneft was founded in 1993 as a state enterprise and then incorporated in 1995, acquiring a number of state-controlled gas and oil assets.
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation for multinational companies based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than US$5 billion in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas".
Ural Mountains
The Ural Mountains (ˈjʊərəl ; Уральские горы) or simply the Urals, is a mountain range in Eurasia that runs north-south mostly through Russia, from the coast of the Arctic Ocean to the river Ural and northwestern Kazakhstan. The mountain range forms part of the conventional boundary between the continents of Europe and Asia. Vaygach Island and the islands of Novaya Zemlya form a further continuation of the chain to the north into the Arctic Ocean. The average altitudes of the Urals are around , the highest point being Mount Narodnaya, which reaches a height of .
Education in Russia
In Russia, the state provides most education services regulating education through the Ministry of Education and the Ministry of Science and Higher Education. Regional authorities regulate education within their jurisdictions within the prevailing framework of federal laws. Russia's expenditure on education has grown from 2.7% of the GDP in 2005 to 4.7% in 2018 but remains below the OECD average of 4.9%. Before 1990 the course of school training in the Soviet Union lasted 10 years, but at the end of 1990, an 11-year course officially came into operation.
Krasnodar Krai
Krasnodar Krai (Краснода́рский край) is a federal subject of Russia (a krai), located in the North Caucasus region in Southern Russia and administratively a part of the Southern Federal District. Its administrative center is the city of Krasnodar. The third most populous federal subject, the krai had a population of 5,838,273 as of the 2021 Census. Krasnodar Krai is formally and informally referred to as Kuban (Кубань), a term denoting the historical region of Kuban situated between the Sea of Azov and the Kuban River which is mostly composed of the krai's territory.