11 Facts About Interfax

Interfax originally used fax machines for text transmission, hence the company name.

Interfax continued to expand in the 1990s, adding subsidiary agencies for financial, metallurgical, oil and gas markets, information products on agriculture, business law, transport, telecommunications, and the market data terminal 'EFiR information system' for stock market players to its general news coverage.

Interfax opened subsidiaries across the post-Soviet states, first in Ukraine, Belarus and Kazakhstan, and later in Azerbaijan, during this time bringing the number of local offices across the regions of Russian Federation to 50.

In 2004, Interfax created the 'SPARK system' designed to check business agents in Russia, Ukraine and Kazakhstan, Interfax launched media monitoring services through its 'SCAN system'.

In 1999, Interfax launched a rating agency in partnership with Moody's Investors Service to provide rating services on the Russian market.

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Since 2001, Interfax has collaborated with Business Wire, which distributes corporate regulatory disclosures and press releases.

Interfax offers consumer credit reports via a joint venture with Experian and Sberbank of Russia.

Interfax provides general and political news, business credit information, industry analysis, market data and business solutions for risk, compliance and credit management.

Interfax employs over 1,000 staff in over 70 bureaus worldwide and publishes over 3,000 stories each day.

Interfax's holding company comprises more than 30 news producing and marketing companies in Russia, Ukraine, Kazakhstan, Belarus, Azerbaijan, the United Kingdom, the United States, Germany and China.

In 2015, Interfax was awarded the Runet Prize in the category "Culture, Media and Mass Communications".