Foreign Investment

Maritime

Chinese Specialists To Invest In Maritime Ship Engines & Assembly In The Russian Far East  

Asia, China, Foreign Investment, Infrastructure, Logistics & Transport

The Primorsky Krai regional Government in Russia’s Far East has said that the local JSC Nakhodka Ship Repair Plant (NSRY) plans to assemble Chinese ship engines at its facilities. Cooperation in shipbuilding was discussed at a meeting between various managers of numerous industrial enterprises from Primorye and China on Tuesday (February 25) in Vladivostok. Anatoly […]

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Tenet

Ex-Volkswagen Plant To Produce Russia-China JV Tenet Branded Cars

China, Foreign Investment, Russian Market, Trade

The ex-Volkswagen auto-manufacturing plant at Kaluga is launching auto manufacturing of cars under Russia’s Tenet brand, according to regional governor Vladislav Shapsha. Volkswagen exited the Russian market in 2023, selling the business to their Russian dealership, Avilon, who paid an estimated US$135 million for VW’s Russian business. Volkswagen reportedly invested more than US$800 million to

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Far East

China To Help Power The Russian Far East

China, Energy, Foreign Investment, Infrastructure

Russia’s System Operator has proposed considering imports of electricity from China, constructing a 250 MW rapidly deployable gas turbine unit (GTU) and developing renewable energy sources as near-term measures to address the energy deficit in the Russian Far East. Fyodor Opadchy, Chairman of Unified Energy System (SO UES JSC) the System Operator, said that “In

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Education

Russia Adds New Global South Universities To Educational Diploma Acceptance List 

Economy, Foreign Investment, Imports, Russian Market

Russia’s Ministry of Education and Science has expanded the list of universities whose diplomas are recognized by the Russian authorities, and added Cairo University (Egypt), The University of Science Malaysia, University of Sharjah (UAE), and Tehran University (Iran) to its approved list. Accepted Universities must appear in at least three international rankings for 2024 out

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CIS-China

Chinese Automotive Dealers Investing Into Belarus To Access CIS Markets  

China, Commonwealth of Independent States, Foreign Investment, Imports, Trade

In addition to the recent example of China’s Torklink Controls, who are investing over ₽100 million (US$1 million) into an assembly plant in Moscow, the Chinese automobile exporter Biulu (Chongqing Biulu Automotive Technology) has opened a consignment warehouse in Belarus for processing Chinese, European and other vehicles for subsequent deliveries to Russia and CIS countries.

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CIS Coin

Chinese Industrial Manufacturers Investing Into Russia To Access CIS Markets    

China, Commonwealth of Independent States, Exports, Foreign Investment, Trade

Torklink Controls, a partner of the Chinese company Flowinn, is investing over ₽100 million (US$1 million) into an assembly plant for electric actuators for pipeline valves at the Yesipovo Industrial Park in the Solnechnogorsk region of Moscow. The investment is typical of the type of Foreign Direct Investment Russia is now attracting, as Chinese manufacturers

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Russia Economy

American Hedge Fund Manager Predicts A Russian Economic Boom 

BRICS, Economy, Finance, Foreign Investment, Russian Market

Jim Rogers, the legendary American investor and hedge fund manager has predicted a Russian economic boom once the Ukraine conflict ends, allowing foreign investors to return to the market. In an interview he gave on January 8th, Rogers said the resolution of the conflict would stabilize the geopolitical situation and positively impact Russian bonds, the

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How Foreigners Can Pay For Goods & Services In Russia

Finance, Foreign Investment, Imports, Infrastructure, Russian Market, Trade

The suspension of Russian banks from SWIFT, and sanctions resulting in Amex, Visa and Mastercard withdrawal from providing services in Russia have made it difficult for foreign visitors to access their own money while in Russia. It has also made it difficult to remit money to Russia for payment of goods or services, or for

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beer

Belgium’s Anheuser-Busch InBev and Turkiye’s Anadolu Efes Lose Total Equity On Russian InBev Beer Takeover

Agriculture, Finance, Foreign Investment, Russian Market

Decision is almost certainly due to Euroclear diverting profits from frozen Russian capital to Ukraine Belgian brewer Anheuser-Busch InBev and Turkey’s Anadolu Efes have lost, in the case of the latter, perhaps temporarily, in their attempts to strike a deal for the assets of Russian joint venture Anheuser-Busch Inbev Efes. On Monday, January 1, Russian

Belgium’s Anheuser-Busch InBev and Turkiye’s Anadolu Efes Lose Total Equity On Russian InBev Beer Takeover Read More »

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