Gold-exporting Uzbekistan has the emerging Europe region's best shot at achieving positive GDP growth this year. Other economies managed to expand in Q1 but will be pushed into full-year contractions.
Foreign investors piled into Ukraine’s local debt market since it was hooked up to Clearstream’s international payment and settlement system last March, investing $5bn, but now they are selling
Russians state-owned banking giant VTB is trapped in an expensive lease for its European headquarters in London for another four years even as the Kremlin-controlled lender builds up a new investment base in Frankfurt, bne IntelliNews can reveal.
Central Europeans in need of a culture fix after weeks of lockdown can now watch films at a growing number of drive-ins and outdoor cinemas opened in car parks, airport aprons and other open spaces as restrictions are eased.
‘Hermit nation’ has been crisis-stricken ever since the previous energy price collapse. Reduced demand for gas from COVID-19 impacted China, savage windstorms and pandemic impacts on food imports move it ever nearer the edge.
Russia has emerged as a safe haven for investors during the coronavirus (COVID-19) pandemic that has rocked capital markets around the world, according to a paper from the Institute of International Finance (IIF).
More than half of all Russia’s 300,000-plus registered cases of coronavirus infections are in Moscow, making it the epicentre of the Russian epidemic. But its size and wealth makes it the best able to cope with the crisis.
Business leaders across the Former Soviet Union are using some of the riches they have amassed in the last three decades to help in the fight against the coronavirus.
The coronavirus pandemic has been a fertile breeding ground for 5G conspiracy theories, and legitimate concerns about security still need to be addressed, but rolling out 5G mobile networks in Europe could give economies a much-needed boost.
Before the coronavirus pandemic disrupted global trade, the ports of the northern Adriatic — important entry points for Chinese goods to Central Europe — were expanding. As lockdowns are eased, it's time to look to the future again.
Big progress made in ending forced labour and market reforms pave way for country to move away from raw cotton exports in favour of shipping finished fabrics and clothes.
Mattias Westman, chief executive of Prosperity Capital Management, predicts Russian oil will survive an impending bloodbath which may eliminate multinationals such as BP and Exxon Mobil.
Outbreak piles further pressure on Poland's coal sector that is already grappling with competition from cheaper imports, mild winters and the development of renewable energy sources.
A worldwide lockdown has created havoc for retailers as their customers are forced to stay at home. There has been a little respite as sales in March surged due to panic buying but that has given way to a lockdown that keeps stores closed
Holidaymakers from nearby countries that have managed to get their coronavirus outbreaks under control could provide a lifeline to Adriatic and Black Sea tourist destinations.
Since March the cost of oil has halved in value but the Russian ruble has only lost 19% in the same time. What is holding the value of the ruble up?
Russian billionaire Alisher Usmanov made ground-breaking investments from setting up a shopping bag factory in Soviet Russia to buying a stake in Facebook well ahead of its IPO. Now he is retreating from business to concentrate on philanthropy
When Russia orchestrated a separatist takeover of the Donbas region of Ukraine in 2014, few would have predicted five years later a former television star with no traditional political experience would be elected on a promise to end the conflict.
ERIELL also one of three major independent drilling companies in Russia. Well construction and overhaul services provided to top oil and gas companies. Enter Engineering has important role in Uzbekistan’s COVID-19 response.
President Rahmon has kept a low profile, leaving his son to take the lead.