Since the beginning of 2022, most foreign companies have suspended their activities on the Russian market. The reason for this was different circumstances related mainly to the tightening of the sanctions policy towards Russia.
Western-supplied weapons turn into “warehouse goods” due to lack of ammo, Czech President Petr Pavel says A shortage of ammunition limits Ukraine’s ability to defend itself against Russian forces or successfully launch its mulled counteroffensive, Czech President Petr Pavel has said.
Raiffeisen, UniCredit and others with a presence in Russia have seen profits increase threefold since 2021 The largest EU-based banks operating in Russia saw profits soar last year and paid four times more in taxes than before the start of the Ukraine conflict, the Financial Times reported on Monday.