News

31.07.26

Russia's antimonopoly service drops plan to designate marketplaces and data centres as strategic

Russia's Federal Antimonopoly Service no longer intends to add digital platforms, marketplaces, developers of trusted Russian software and AI technologies, or data-centre operators to its list of strategic activities.

Russia's antimonopoly service drops plan to designate marketplaces and data centres as strategic
30.07.26

TotalEnergies confirms it is ready to sell Arctic LNG 2 stake

France's TotalEnergies is ready to transfer its 10 % stake in the Arctic LNG 2 project to Nordline, a subsidiary of Novatek.

29.07.26

Foreign company registrations in Russia hit eight-year high

From January to May this year 3,100 legal entities with foreign ownership were registered in Russia, according to Rosstat figures cited by Izvestia.

28.07.26

EU adopts 21st package of sanctions against Russia

The EU adopted its 21st package of sanctions against Russia on 23 July.

EU adopts 21st package of sanctions against Russia
27.07.26

Reckitt Benckiser to sell part of Russian business to Arnest

Reckitt Benckiser, the British consumer goods group, has agreed to sell part of its Russian business to the Arnest group founded by Alexei Sagal.

23.07.26

Will foreign investors be denied the buyback of their Russian assets

On 21 July Russia's State Duma, the lower house of parliament, passed at both second and third reading amendments setting out the procedure for refusing foreign investors who left the country after the start of the military conflict in Ukraine in 2022 the right to buy back their assets.

20.07.26

AmCham Russia chief puts US business losses from sanctions at US 200 billion

US businesses have lost about US 200 billion over four years of harsh sanctions against Russia, Robert Agee, president and chief executive of the American Chamber of Commerce in Russia (AmCham Russia), said in an interview with the RIA Novosti news agency. 

AmCham Russia chief puts US business losses from sanctions at  US 200 billion
20.07.26

France's Sucden agrees partnership with Russian coffee producer

The Russian arm of French sugar group Sucden and Russia’s Milfoods, the company behind the Poetti and Milagro coffee brands, have agreed a strategic partnership, Kommersant reported, citing a letter Milfoods sent to counterparties.

17.07.26

Vladimir Putin places Akzo Nobel's Russian assets under temporary management

Russian President Vladimir Putin has transferred the local assets of Dutch paints group Akzo Nobel to the temporary management of a company called Razvitie Stroitelnykh Aktivov (RSA), according to a decree published on the official legal information portal. 

16.07.26

Shokhin urges Russia not to "show a red card" to foreign business

Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs (RSPP), the country's big-business lobby, has said it would be counterproductive to impose restrictions on foreign companies that have stayed on in Russia.

Shokhin urges Russia not to "show a red card" to foreign business