Russia
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Only 2% of Russian Corporate Profits Fall Outside Energy
Only 2% of Russian Corporate Profits Fall Outside Energy
September 25, 2015Alarming statistics emerging from Russia show that only 2% of the country’s corporate profits from [...]
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Imports to Russia Fall 39%
Imports to Russia Fall 39%
September 24, 2015The recession in Russia combined with the addition currency crisis has led to imports in dollar amounts falling [...]
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One Trillion Euros Escapes Russia Illegally over 19 Year Period
One Trillion Euros Escapes Russia Illegally over 19 Year Period
September 24, 2015According to a report from Washington based organisation, Global Financial Integrity, $1.3 trillion dollars (€1.15 [...]
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Russian Airlines to Suffer Over Ukrainian Sanctions
Russian Airlines to Suffer Over Ukrainian Sanctions
September 20, 2015It has emerged that sanctions placed by the Ukrainian government on Russian airlines will lead to vastly increased [...]
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Slump in Electronic Sales in Russia
Slump in Electronic Sales in Russia
September 14, 2015Russia has seen a massive 26% drop in the sale of electronic goods in the first six months of 2015 compared to the [...]
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IKEA Not Feeling Any Pain in Russia
IKEA Not Feeling Any Pain in Russia
September 11, 2015Swedish furniture company, IKEA is experiencing huge levels of growth globally with sales also jumping in recession [...]
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German Discount Retailer to Enter Russia
German Discount Retailer to Enter Russia
September 08, 2015German fixed price retailer, Euroshop will enter the Russian market taking advantage of the economic crisis in the [...]
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Gazprom Benefit from Weak Ruble
Gazprom Benefit from Weak Ruble
September 03, 2015Gazprom’s profit for the first six months of 2015 has increased by 50% compared to the same period last [...]
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Latvia Participate in Russian Food Exhibition
Latvia Participate in Russian Food Exhibition
September 01, 2015Despite sanctions imposed by Russia on Latvian food products, Latvia will still organise a stand at the [...]
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Weak Ruble Could Impact Russian Banks Heavily
Weak Ruble Could Impact Russian Banks Heavily
August 29, 2015This week it has emerged that the Russian central bank has failed to stress test Russian banks for a weak ruble in [...]
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Ukraine Negotiate Significant Debt Reduction
Ukraine Negotiate Significant Debt Reduction
August 28, 2015The Ukrainian government has negotiated a deal with its largest creditors to reduce $18 billion dollars of debt by [...]
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Gazprom to Build Tallest Building in Belarus
Gazprom to Build Tallest Building in Belarus
August 27, 2015Russian gas giant, Gazprom has begun construction of its headquarters in Minsk, the capital of Belarus. The [...]
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McDonald’s Set for Russia Expansion
McDonald’s Set for Russia Expansion
August 26, 2015McDonald’s has just signed a major franchising deal in Russia, the first of its kind in its 25 year history [...]
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Foreign Airlines Scaling Back on Russian Operations
Foreign Airlines Scaling Back on Russian Operations
August 18, 2015Foreign airlines are scaling back operations in Russia, with some pulling out of the country entirely as a result [...]
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PGNiG Talks with Gazprom at Advanced Stage
PGNiG Talks with Gazprom at Advanced Stage
August 17, 2015Talks between Polish state owned gas supplier, PGNiG and Russia’s state owned Gazprom are said to be at an [...]
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Four New Countries Added to Russian Food Ban List
Four New Countries Added to Russian Food Ban List
August 14, 2015Following last weeks destruction of illegally imported food in the country that left many angry, Russia has [...]
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Russians Angered By Food Destruction
Russians Angered By Food Destruction
August 10, 2015Following Vladimir Putin’s orders to destroy 350 tons of illegally imported food into Russia, citizens have [...]
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Heavy Lay Offs at Russian Car Dealerships
Heavy Lay Offs at Russian Car Dealerships
August 09, 2015With the Russian economy in recession and the ruble back at values not seen since the beginning of the year, [...]
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Ruble on the Decline Again
Ruble on the Decline Again
August 07, 2015With oil prices again experiencing downward pressures, the ruble is hitting lows not seen since late 2014 and [...]
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Interest Rates Cut in Russia
Interest Rates Cut in Russia
August 03, 2015The Russian central bank cut interest rates by 0.5%, to 11% on Friday. The decision was taken as a result of the [...]
