Eastern Europe / News

US banks led by Goldman Sachs gain in Russian capital markets revival

Jason Corcoran in London April 21, 2017

Fees from Russian dealmaking in equities, bonds, loans and mergers surged by 32% in the year to April 20 compared with the same period a year ago.

Ukrainian anti-graft agency detains ally of ex-PM Yatsenyuk and senior energy director

bne IntelliNews April 21, 2017

Detentions of former MP Mykola Martynenko and Naftogaz deputy chairman Serhiy Pereloma are latest high-profile criminal investigations by Ukraine's National Anti-Corruption Bureau.

Fifa struggling to find backers for Russia World Cup

bne IntelliNews April 19, 2017

Soccer federation has only half the number of sponsorship contracts it had before the 2014 tournament in Brazil.

Naftogaz supervisory board head quits as Ukraine's energy reforms teeter

bne IntelliNews April 14, 2017

Yulia Kovaliv will step down after she and three other independent members of state gas company's board warned government about lack of "material progress".

Russia and US take non-confrontational stance on Syria at Moscow talks

bne IntelliNews April 12, 2017

Both sides agreed on the need to “put an end to steady degradation” of relations.

Sberbank shrugs off Brexit fears with £4.5mn injection into London unit

Jason Corcoran in London April 12, 2017

UK Companies House filing shows additional capital to keep lender's struggling operation afloat.

EBRD warns Ukrainian leadership of looming collapse of energy sector reform

Sergei Kuznetsov in Kyiv April 11, 2017

Multinational lender joins IMF in urging faster progress in broad reforms to bolster confidence in the government.

Uralsib's London business vanishes to stardust after sale

Jason Corcoran in London April 11, 2017

Sale uproots mysticism-laden legacy of Uralsib's ex-billionaire founder Nikolai Tsvetkov.

Ukraine central bank chief accuses PrivatBank owners of withdrawing €560mn before state rescue

bne IntelliNews April 10, 2017

Kolomoisky and Boholyubov made fraudulent transactions on the "last night" before the lender's nationalisation, alleges Valeriya Gontareva.

US Secretary of State Tillerson faces bumpy ride on Moscow visit

bne IntelliNews April 10, 2017

Visit is overshadowed by rising US-Russian tensions over the recent chemical attack and punitive US missile strikes in Syria.

Ukraine central bank chief Gontareva to step down on May 10

bne IntelliNews April 10, 2017

“I came here to implement reforms. My mission is fulfilled - the reforms are implemented,” Gontareva says.

Ukraine claims it thwarted assassination of Moldovan oligarch Plahotniuc

Iulian Ernst in Bucharest April 10, 2017

Alleged plot against leader of Moldova's ruling Democratic Party foiled by law enforcement bodies in Moldova and Ukraine.

Russia's 2017 dividend season opens with showdown between SOEs and FinMin

bne IntelliNews April 10, 2017

Russia's 2017 dividend season will soon kick off with annual general meetings amid a showdown between state-owned companies and the finance ministry, which wants them to shell out 50% of profits as dividends.

Russian diamond major Alrosa’s offices raided by FSB

bne IntelliNews April 7, 2017

The offices of state-owned diamond monopoly Alrosa were raided by the Federal Security Service (FSB) on April 6 as part of an investigation into the sale of non-core assets.

Putin condemns "trumped-up" US bombing of Syrian government targets

bne IntelliNews April 7, 2017

Cruise missile strikes are a violation of international norms, Moscow says ahead of leadership's scheduled talks with US Secretary of State.

Technology and government's hand vital for Russian Arctic development

Vladimir Kozlov in Archangelsk April 6, 2017

From lasers that can clear oil spillages to new remote banking facilities when it's too cold to go out, Russia's Arctic regions are looking at a new paths of development for the 2.5mn people living there.

Russia’s Rosneft defies government 50% dividends call as Sechin locks down "piggy bank"

Vadim Dumesh in Paris April 5, 2017

Rosneft is using its proximity to the Kremlin to defy a government ruling on dividend payments, thereby protecting the vast wealth of the shadowy Rosneftegas holding where its proceeds accumulate.

Putin says Russia resolved $700mn gas debt and other disputes with Belarus

bne IntelliNews April 3, 2017

Russian leader and Belarusian President Alexander Lukashenko agree on energy roadmap until 2020.

UPDATE: Up to ten people killed in St Petersburg metro train bombing

bne IntelliNews April 3, 2017

A bombing in the metro underground railway in the Russian city of St Petersburg killed up to ten people and injured dozens more.

Russia's Arctic regions set hopes on energy exploration drive

Vladimir Kozlov in Archangelsk April 3, 2017

60% of Russia's energy resources are located in its Arctic regions. The race is now on to draw them more efficiently, with foreign firms like ExxonMobil back in the frame.

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