News

09.09.25

Court bans Wintershall Dea from suing Russia in The Hague

The Moscow Arbitrazh (Commercial) Court has upheld a lawsuit filed by the Russian Prosecutor General's Office against Germany's Wintershall Dea GmbH, its law firm Aurelius Cotta, and international arbitrators Charles Poncet and Olufunke Adekoya, to prohibit them from continuing and supporting proceedings against Russia at the Permanent Court of Arbitration in The Hague (Netherlands). This was reported by Kommersant.

Court bans Wintershall Dea from suing Russia in The Hague
09.09.25

Eurochem Group company demands over RUB 200bn from Tecnimont subsidiary

Eurochem North-West-2 LLC has filed a claim in the Moscow Arbitrazh (Commercial) Court against MT Russia LLC (a subsidiary of Italian engineering company Tecnimont) for the recovery of RUB 202.7bn. The claim was accepted for proceedings on 4 September, according to the court's electronic filing system.

04.09.25

AB InBev Efes in Russia changes business name to "Drinks Together"

Russian brewery AB InBev Efes (AB InBev Efes JSC) has changed its business name to "Drinks Together" and refreshed its logo. "This decision reflects the company's deep integration into the Russian economy and its new market position," the company explained in a press release.

04.09.25

Ozon shareholders approve company's registration in Russia

At an extraordinary general meeting on 1 September, shareholders of Cyprus-based Ozon Holdings approved the decisions necessary to complete the redomiciliation process. This was announced by Ozon in a press release.

Ozon shareholders approve company's registration in Russia
29.08.25

FT: US oilfield services company recruits more staff in Russia despite sanctions

US oilfield services corporation Weatherford International is expanding its Russian division despite sanctions, the Financial Times (FT) reported on 20 August.

29.08.25

Headphone manufacturer Sennheiser to wind up its Russian business

German audio equipment and portable electronics manufacturer Sennheiser intends to wind up its business in Russia. This was reported by TASS, citing the company financial information register, Fedresurs.

26.08.25

Federation Council senator recalls Volkswagen's unwillingness to leave Russia

German automaker Volkswagen did not want to leave Russia; its decision was influenced by political pressure from the German authorities, which have a large stake in the company, Anatoly Artamonov, chairman of the Federation Council Committee on Budget and Financial Markets, told the Parliamentary Gazette. In the Federation Council he represents the Kaluga Region, where the former Volkswagen car plant is located.

Federation Council senator recalls Volkswagen's unwillingness to leave Russia
26.08.25

Petropavlovsk PLC shareholders sue UMMC and Moscow Exchange

Russian minority shareholders of the British gold mining company Petropavlovsk PLC have filed a lawsuit against the Ural Mining and Metallurgical Company (UMMC), the Moscow Exchange and Gazprombank, Kommersant reports. According to the newspaper, the court has accepted the filing and a preliminary hearing is scheduled for 28 October.

23.08.25

US Chamber of Commerce chief suggests which businesses are thinking of returning to Russia

Major US companies from the energy and IT sectors have an interest in returning to Russia, Robert Agee, head of the American Chamber of Commerce in Russia (AmCham Russia), told RBC TV channel. But to say "they will come back tomorrow is a bit premature," Agee said: these companies "are just standing in line – they are looking, thinking," and assessing the conditions for returning.

23.08.25

Putin lifts HMS group from interim administration

President Vladimir Putin has signed a decree lifting the HMS engineering group, which was previously controlled by the Cyprus-based H.M.S. Technologies Limited, out of interim administration. In another decree, the President authorised RusGazDobycha JSC to acquire shares in HMS Neftemash and Gidromashservice, two companies affiliated with HMS Group that were removed from state administration by the first decree.

Putin lifts HMS group from interim administration