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Chubais will land, his successor has been named. Heading Rusnano will be a close associate of Rostec’s Sergei Chemezov.
Third, the government reportedly did not consult with the development institutions during the reform process—another sign that Mishustin is asserting himself as PM.
Mishustin’s recent reforms suggest that he is returning to Russia’s socio-economic agenda after focusing his first year as PM on fighting COVID. Mishustin is known for overhauling inefficient bureaucracies from his time leading Russia’s tax service. Now he’s putting his stamp on the development sector.
2.10 Top e-grocers see sales more than triple in 2020
E-grocery in Russia is estimated at RUB145bn ($1.9bn) in 2020 and forecasted to grow to RUB605bn ($8bn) by 2023, online retail consultant InfoLine said on November 25.
e-commerce is rapidly increasing its contribution to total food retail sales, which are expected to rise from less than 1% to 3% in Russia versus 3.5% across developed markets, reports VTB.
“Express-delivery is in our view the most rapidly growing niche and is in great demand in cities with a population of over 1mn. It was pioneered by Samokat, later followed by Yandex.Lavka,” VTB Capital (VTBC) said in a note.
17 RUSSIA Country Report December 2020 www.intellinews.com