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There seem to be two kinds of Russian political figure: the quiet and the noisy. We tend to focus on the noisy ones for obvious reasons, but it is the quiet ones who tend to matter, and the case of Evgeny Prigozhin illustrates this perfectly.
Trading in all the names has been suspended since February 2022 following Russia's full-scale military invasion of Ukraine.
Looking forward to the end of the war, whenever it happens, policymakers are already speculating on how many of the refugees and migrants are likely to stay and how many will return.
Sanctions against Russian companies and individuals have become a common tool for Western governments to exert pressure on the country's domestic and foreign policy. However, a new study finds sanctions are undermining Russia's corporate governance.
Sources inside Yandex have provided bne IntelliNews with the full farewell message circulated by co-founder and former CEO Arkady Volozh.
Yandex's Board is meeting to discuss re-structuring plans. The Board has already announced that it hopes to divest most of its Russian business, with hopes of maintaining four key startups and developing them outside of Russia.
Russia's invasion of Ukraine has caused a tsunami of M&A deals as Russia’s private companies scramble to restructure their businesses. Yandex, Russia's internet giant, will be the biggest victim and it will cost investors billions of dollars.
After a hugely successful couple of years, Wildberries dominates the Russian e-commerce market. bne IntelliNews looks into the company's rise and its prospects for further growth as foreign competitors pull out of Russia.
International IT companies that have quit the Russian market setting up in Serbia alongside Russian tech companies.
Dmitry Konov, former CEO of petrochemicals major Sibur, says he no longer owns a 2.59% stake in the company. He stepped down as head of the company in March 2022 after the EU introduced sanctions against him, which he is appealing.
Since the sanctions came down on Russia there has been a bonanza of M&A activity as those companies and oligarchs that have been included in the lists have had to dump their subsidiaries to protect them from being targeted.
Tech major Yandex announces its exit from the news aggregation business through a deal to offload Yandex.news and Yandex.zen to internet rival VK in return for grocery delivery service Delivery Club. The deal will help Yandex out of a tricky bind.
The founder of Russian internet major Yandex, Arkady Volozh, could agree to a new shareholder and management structure for the company in exchange for the Kremlin’s permission to develop some of Yandex assets independently abroad
While competitors are hit by sanctions, banned by the communications watchdog, or offload assets due to a worsening tech crisis, Russia's biggest social network is on a buying streak, consolidating its command of the sector.
A group of about 250 Russian investors is preparing a class action against VTB after their investments in foreign stocks were effectively seized by the Kremlin-controlled bank, bne IntelliNews can reveal.
Russia’s retailers have started importing electronics using “parallel imports” that source the products from intermediaries and allow them to ignore the wishes of the owners of the intellectual property.
The EU's sanctions against Yandex co-founder Arkady Volozh have ruffled some feathers in Russia's business community and abroad. Yandex's international reach and shareholder base and Volozh's distance from the Kremlin make him an unlikely target.
The European Council has officially adopted the EU sixth sanction package for Russia’s military invasion of Ukraine, according to the June 3 announcement and the official EU journal entry.
Peter O'Brien, chief financial officer of Russia’s largest petrochemical company Sibur, has left the company as sanctions decimate the ranks of Russia’s foreign executives, bne IntelliNews can reveal.