Russia
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Slovakia Oil Deposits Running Dry
Slovakia Oil Deposits Running Dry
June 30, 2015Slovakia produces approximately 1% of its oil needs and is hugely dependent on imports for its supply. In the [...]
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Work on ‘Power of Siberia’ Gas Pipeline Begins in China
Work on ‘Power of Siberia’ Gas Pipeline Begins in China
June 30, 2015China has begun work on the construction of its part of the ‘Power of Siberia’ pipeline. It was marked [...]
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Lithuania Gazprom Dispute for Arbitration Next Week
Lithuania Gazprom Dispute for Arbitration Next Week
June 23, 2015From the 1st - 10th of July, arbitration hearings will be held in Stockholm regarding the dispute between [...]
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Russia’s Economic Crisis to Cost Europe €113 Billion
Russia’s Economic Crisis to Cost Europe €113 Billion
June 22, 2015A report carried out by the Austrian Institute of Economic Research states that the economic crisis in Russia will [...]
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Russian Rates Down 1%
Russian Rates Down 1%
June 18, 2015This week, the Russian central bank lowered the country’s interest rate by 1% to 11.5%. Most analysts had [...]
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Sanctions Have Russia Embracing Chinese Yuan
Sanctions Have Russia Embracing Chinese Yuan
June 17, 2015Western led sanctions imposed on Russia have led to authorities and companies looking to other sources for a [...]
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Ukrenergo Counting Cost of Ukraine Russia Troubles
Ukrenergo Counting Cost of Ukraine Russia Troubles
June 16, 2015Ukrainian national energy company, Ukrenergo is assessing the damage and what actions to take over the Russian [...]
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Gazprom to Bypass Ukraine by 2019
Gazprom to Bypass Ukraine by 2019
June 11, 2015Russia’s state owned energy company, Gazprom is to go ahead with plans to completely halt the transport of [...]
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Rosneft €3.3 Billion Deal with AgustaWestland
Rosneft €3.3 Billion Deal with AgustaWestland
June 10, 2015Russian state owned oil manufacturer, Rosneft signed a deal in January with Italian helicopter maker, [...]
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Russia to Sue Ukraine over Undelivered Navy Engines
Russia to Sue Ukraine over Undelivered Navy Engines
June 09, 2015Russia’s State Owned United Shipbuilding Corporation announced yesterday that it will be forced to take the [...]
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Olerex to Purchase Lukoil Service Stations in Estonia
Olerex to Purchase Lukoil Service Stations in Estonia
June 07, 2015Estonian Fuel Retailer, Olerex is to purchase Lukoil’s petrol stations in Estonia. Russia’s second [...]
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Russia Bans Estonian and Latvian Fish Products
Russia Bans Estonian and Latvian Fish Products
June 02, 2015Russian authorities are stepping up their sanctions with the EU. At the weekend, it was announced that Russia [...]
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Doing Business: New Europe’s Most Competitive
Doing Business: New Europe’s Most Competitive
May 29, 2015On 27th May 2015 , The International Institute for Management Development (IMD), announced the findings of its [...]
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Recession Deepens in Russia
Recession Deepens in Russia
May 28, 2015The recession in Russia appears to be deepening, with figures for the end of April showing a 4.3% contraction in [...]
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Putin Advises Russians to Use Sanctions and Weak Ruble
Putin Advises Russians to Use Sanctions and Weak Ruble
May 26, 2015Speaking at the ‘Business Russia’ forum today in Moscow, Vladimir Putin told business leaders to take [...]
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Ukraine Law to Block Debt Repayments
Ukraine Law to Block Debt Repayments
May 20, 2015The Ukrainian Parliament has passed a law allowing the government to impose a debt moratorium against its [...]
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Russian Airline UTair in Decline
Russian Airline UTair in Decline
May 19, 2015Russian airline UTair, has seen its number of employees decrease by over 42% in the last nine months alone. [...]
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GoRail Suspend Moscow Tallinn Train After 65 Years
GoRail Suspend Moscow Tallinn Train After 65 Years
May 19, 2015Following a huge drop in demand, the train service operated by GoRail between the Russian and Estonian capitals has [...]
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PGNiG to Sue Gazprom
PGNiG to Sue Gazprom
May 16, 2015Polish State controlled oil and gas company, PGNiG is to sue Gazprom over the price it pays for gas. Polskie [...]
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McDonald’s Russia Hit 500 Restaurants
McDonald’s Russia Hit 500 Restaurants
May 14, 2015McDonald’s Russia has announced that is has opened its 500th restaurant in the country. 2015 marks [...]
