Borenius Sanction Update: Impact of EU Sanctions on Your Business

The law firm Borenius published an update about the impact of EU sanctions for business in Russia. In their information they underline that the scope of the EU sanctions targeting Russia is complex, especially when it comes to the consolidated groups of companies active within Russia. As the rules [...]

New drilling rights to Gazprom and Rosneft without auction

The news agency RIA Novosti reports that the Russian government has given Gazprom the rights to drilling operations in a new subsea area in the Barents Sea. Moreover, Rosneft received permission to extract minerals in a new location in the Sea of ​​Okhotsk (part of the Pacific Ocean). The new [...]

The ‘Putin Plan’ for settling the conflict in Ukraine

Russian President Vladimir Putin outlined a plan for settling the conflict in Southeast Ukraine while speaking with journalists at the end of his working visit to Mongolia. Mr. Putin said: In order to stop the bloodshed and stabilise the situation in southeast Ukraine, I believe that the parties to [...]

Russia climbs 11 places on new Global Competitiveness Report

Russia was rated as the 53rd most competitive country, up 11 places from 64th place in 2013, in the World Economic Forum’s annual competitiveness ranking published Wednesday.The Global Competitiveness Report 2014 – 2015 assesses the competitiveness landscape of 144 economies. The report [...]
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