Investment

NSR

Singapore Based Container Shipping Line To Use Northern Sea Route To China

Asia, Infrastructure, Investment, Logistics & Transport, Trade

The Singapore-based, Hong Kong owned container line, Sea Legend Shipping, is preparing to launch a direct China–Northern Europe container service along the Northern Sea Route, with the service expected to be operational from September. The transit time will be 18 days, while the route through the Cape of Good Hope takes 30 to 50 days. […]

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Ozon

Another Highly Profitable EU Listed Public Company Relocates To Russia 

Economy, Finance, Investment, Russian Market, Trade

The Russian-owned Ozon Holdings Ltd has been granted permission by the Cypriot Department of Registrar of Companies and Intellectual Property to relocate to Russia, the company has reported. Ozon’s shareholders approved the decision to relocate to the Kaliningrad region’s special administrative district at the end of December this year. There, it will continue operating as

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Tanzania

Russia, Tanzania To Collaborate On Uranium Mining Project   

Africa, Energy, Infrastructure, Investment, Trade

A subsidiary of Rosatom’s state nuclear energy corporation has commissioned a pilot installation at a uranium project in Tanzania, Rosatom CEO Alexei Likhachev has stated, specifying that this concerns the Mkuju River project in southern Tanzania. The Tanzanian government had completed an environmental assessment in June and has green-lit the project to start. The Mkuju

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Sirius

Russia’s Mariinsky Symphony Orchestra Roadtests New Sirius Concert Hall In Sochi

Culture, Infrastructure, Investment, Russian Market

Russia’s Mariinsky Theatre Symphony Orchestra, conducted by Valery Gergiev, undertook a first comprehensive acoustic rehearsal at the newly constructed Sirius Concert Hall in Sochi. The rehearsal took place on Saturday (July 26) as part of the Sirius Summer Music Festival, which is currently running from July 15 to August 24. According to Gergiev, the Sirius

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Main Image

Russian Corporate Law Suits Against Western Governments Double: Case Studies    

Finance, Investment, Security, Trade

Russian businesses have been facing unprecedented sanctions pressure, many of which have resulted in the loss of ownership over numerous Russian-owned assets based in the West due to their being frozen, transferred to Western management, total seizure or forced sales. In many of these cases, these violations are considered direct and indirect expropriation of Russian

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Hungary Image

Russia Discusses Oil Pipeline Construction with Hungary and Serbia

Energy, Exports, Infrastructure, Investment, Trade

Hungary’s Foreign Minister Peter Szijjarto said the country was making progress in talks with Moscow and Belgrade on building a new oil pipeline between Hungary and Serbia. Szijjarto said, “While Brussels is blocking Russian energy supplies, cutting off connections, and blocking routes, we need new sources and new routes. Hungary will not fall victim to

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Great Wall image

China’s Great Wall Autos Investing In Auto Components Plant In Tula   

China, Investment, Russian Market, Trade

China’s Great Wall Motors (GWM) will build a new plant for the production of automobile components and transmissions in Russia’s Tula Region. GWM and the regional government signed the agreement on the sidelines of the St. Petersburg International Economic Forum in June. The plant, which will create 1,000 jobs, will be built at the Uzlovaya

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M12_Vostok

Russia To Build More Access Roads To Kazakhstan, Mongolia, China & North Korea

Asia, Infrastructure, Investment, Russian Market

The Russian President, Vladimir Putin has said that Russia is considering the issues of building access roads to the state border with Kazakhstan, Mongolia, China and North Korea. He was speaking at the opening ceremony of the M-12 Vostok (East) Highway. Putin stated “We are going to continue proactively develop the Vostok route. It should

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Nigeria

Russia and Nigeria to Cooperate in OPEC & OPEC+ Productivity, Conduct More Energy Field Research

Africa, Energy, Infrastructure, Investment, Trade

Russia’s Deputy Prime Minister Alexander Novak and Nigeria’s Finance Minister and Coordinating Minister for Economic Affairs Olawale Edun have discussed their respective cooperation in the global energy sector, including coordination within the Gas Exporting Countries Forum (GECF) and OPEC+. Russia is one of the largest participants in OPEC+ and the second-largest oil exporter after Saudi

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