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Articles with tag "business"

EU Court Rejects Abramovich’s Latest Challenge to Sanctions

It was the third time the EU court had rejected a challenge from Abramovich, following rulings in December 2023 and September 2025.
opinion Mikhail Krutikhin

Vostok Oil’s First Tanker Cannot Conceal Rosneft’s Empty Promises

Putin touts Vostok Oil as one of the world’s largest oil projects. After years of broken promises from Rosneft, the numbers still don’t add up.
5 Min read

Russian Government Seizes Control of Industrial Fan Producer Ventprom

Ventprom supplies ventilation systems to underground metro networks across Russia, as well as to companies like Lukoil and Rusal.
2 Min read

TotalEnergies Exits Arctic LNG 2 Project

The French energy company transferred its 10% stake in the project to a subsidiary of Novatek.
2 Min read

Bad Loans Surge at Rosneft-Linked Moscow Credit Bank

Overdue loans accounted for 14.8% of the bank’s total loan portfolio, five times the Russian banking sector average.
3 Min read

Putin Orders Government to Help Rebuild Warehouses Destroyed in Ukrainian Attacks

The Russian president claimed that the damage caused by ongoing attacks on industrial and commercial sites has not been critical.
1 Min read

Russian Authorities Review Foreign Company Exit Deals – Kommersant

Prosecutors have demanded 414.53 million rubles ($4.9 million) from GS Investments, a company linked to the family of businessman Andrei Komarov.
2 Min read

Ukrainian Strikes Halt Most Russian Grain Exports in the Black Sea

Experts cautioned that the disruption would not necessarily be permanent and some terminals were likely to resume operations.
3 Min read
opinion Nick Trickett

How Russia’s Obsession With Economic Stability Made It Weaker

For decades, Western observers thought Russia's economy was going from strength to strength. But it was creating its own weaknesses.
12 Min read

Armenian Banks Tighten Checks on Transactions Linked to Russia Sanctions

The measures could further restrict Russians’ access to Armenia’s banking system and disrupt payment routes used to transfer money from Russia to other...
3 Min read

Wildberries Sellers Report Payment Delays After Ukrainian Strikes Hit Warehouses – Vyorstka

Some sellers said the delays had left them without money to cover living expenses or invest in their businesses.
2 Min read

Russian Businesses Turn to Chinese AI Models as Demand Surges

The trend exposes the difficulties facing Moscow’s effort to build competitive AI systems of its own.
3 Min read

Russian Economy Returns to Growth, but Economists Warn Rebound May Be Short-Lived

Gross domestic product grew 1.3% in April-June despite Ukrainian strikes on oil refineries that pushed refining volumes to their lowest level in two decades...
3 Min read

Russia’s Bashkortostan to Sell Remaining Bashneft Stake to Rosneft

“We have a hole in the budget,” regional head Radiy Khabirov told reporters.
2 Min read

Russian Chip Importer CEO Jailed in $1.8M Tax Evasion Case

The arrest follows a series of investigations involving Russian companies and officials connected to military procurement.
2 Min read

Russian Combat Drone Forum Postponed Over Fears of Ukrainian Attack

Organizers said the Dronnitsa event would require diverting air defenses and security personnel from other locations.
2 Min read

Russia Transfers Nationalized Port Fuel Supplier to Rotenberg-Led Holding

The deal adds Transbunker to a growing portfolio of industrial companies transferred to Roskhim after being seized by Russian courts.
2 Min read

Russian Companies Boost Anti-Drone Spending as Ukrainian Strikes Expand

Businesses spent 441.3 million rubles ($5.34 million) on anti-drone equipment from January through June, 6.6 times more than a year earlier.
2 Min read

Putin Urges Businesses to Back Russian Innovation as State Funding Shrinks

Declining state funding and falling patent applications are hampering the Kremlin’s push for technological self-sufficiency.
3 Min read

Russia’s Rosspirtprom Buys Seized Distillery at Half Original Asking Price

The acquisition further consolidates Russia’s ethanol industry under a company that has been linked to billionaire Arkady Rotenberg.
2 Min read
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