Russia

Robots lead Russian start-up invasion of Dublin’s Silicon Docks

Jason Corcoran in Dublin April 28, 2017

Russian tech ventures flock to the Irish capital to escape recession and recruit from the talent pool of the global giants.

Russian tourists celebrate the opening of spa season in Carlsbad

Ben Aris in Karlovy Vary April 28, 2017

​May 1 marks the official opening of the spa season in Czech spa Karlovy Vary or Carlsbad, and the start of the high season. But the legendary town is already awash with tourists, almost all from Russia.

Over 80% of Russians are still satisfied with Putin's work

Ben Aris in Berlin April 28, 2017

Eight out ten Russians (82%) are still happy with President Vladimir Putin performance, according to the monthly popularity poll of the independent Levada Center.

EU battles Russia's Nord Stream 2 slice 'n' dice

Tim Gosling in Prague April 27, 2017

Gazprom aims to further divide the EU by offering a share of the spoils to CEE countries, but Brussels is finally facing up to the challenge.

Russia, CEE hike military spending as tensions rise

Clare Nuttall in Bucharest April 25, 2017

Worsening relations between Russia and the West, plus pressure to meet Nato defence spending commitments, push up expenditure in Eastern Europe.

Russia’s Gazprom secures €4.75bn financing for Nord Stream 2 pipeline

bne IntelliNews April 25, 2017

Deal securing 50% of project cost was closed with Engie, OMV, Shell, Uniper and Wintershall.

BEAR MARKET BRIEF: Russia’s 20/20 tax vision

Aaron Schwartzbaum in Washington DC April 24, 2017

The manoeuvre is just a ship-steadying change: notable, but still not the sort of fundamental structural reform seen as necessary.

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.

Russian overseas property investment more than halves since 2014

Tranio April 21, 2017

While Russian citizens annually invested over $2bn in 2013-2014, the silent crisis of 2015 caused investments to halve before reaching $870mn last year.

Russia's Sberbank cuts mortgage rate to below 9% for selected developers

bne IntelliNews April 21, 2017

State lender indicates that there will be more than 200 participating companies across Russia.

Moscow’s Watcom shopping index negative trends stabilising, but still underperforming

Ben Aris in Berlin April 21, 2017

Disappointing negative trends in retail in Russia’s capital continued in the first quarter of this year, but have started to stabilise, according to the Watcom shopping index, preceding a recovery later this year.

STOLYPIN: Adding spooks to companies creates stagnation

Mark Galeotti of the Institute of International Relations Prague April 20, 2017

Embedding spies in the private sector has become one more way the Russian state risks becoming privatised through the back door.

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.

FILM REVIEW: Soaring with Qatar’s super-rich in artful documentary “The Challenge”

Vadim Dumesh in Paris April 14, 2017

Italian video artist Yuri Ancarani embarks on a mesmerising journey through the Gulf kingdom's deserts, ancient tradition of falconry and Las Vegan opulence.

Russia’s private sector capital outflow in January-March hit $15.4bn

bne IntelliNews April 13, 2017

Private sector capital outflow in the first quarter of 2017 stood at $15.4bn, almost double than in the same period of 2016. The quarter’s figure is already close to the central bank’s $16bn estimate for the full year.

Russia’s current account surplus jumps to $23bn in January-March

bne IntelliNews April 13, 2017

Russia’s balance of payments statistics for the first quarter of 2017 exceeded expectations with the surplus jumping to $22.8bn, according to a central bank data release.

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.

STOLYPIN: Stagnation as strategy evident in Tillerson’s trip to Moscow

Mark Galeotti of the Institute of International Relations Prague April 12, 2017

This is not just a question of US-Russian relations: it also speaks to the Kremlin’s fundamental uncertainty about a whole series of urgent concerns.

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.

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.

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