Industry

Siemens Leaves Russia

The German company Siemens has announced its decision to leave the Russian market due to the special military operation in Ukraine. Earlier, on March 2, the comapny announced the suspension of deliveries and work on new businesses in Russia, reducing its activities to servicing existing projects. In a statement published on May 12, the company…
Read more

Russian Coal Goes East

  The export of Russian coal has decreased due to the gradual abandonment of it by the European Union. Against this background, Russia is reorienting coal exports to Asia, but it has not yet been possible to compensate for the losses.   In March 2022, after the start of Russia's military operation, Russian coal exports…
Read more

Parallel Import List has Been Adopted

The Ministry of Industry and Trade of Russia has published a list of goods for parallel import. The relevant order, registered with the Ministry of Justice on Friday, May 6, is posted on the legal information portal and came into force on May 7. The order of the Ministry of Industry and Trade of the…
Read more

Nord Stream-2 for Russian Needs

Gazprom will direct the capacities of the Nord Stream-2 pipeline to gasification of the North-Western region of Russia. On May 5, a message appeared on the company's Telegram channel that the excess Russian onshore gas transmission capacities of the Nord Stream-2 project will be used to develop gas supply to these regions. "We are talking…
Read more

New Challenges for Russian CPUs

The UK has included Russian CPU developers MCST and Baikal Electronics in the sanctions lists. The measures involve freezing assets and restricting work with counterparties. In particular, prohibition of the technological services provision and financing, including the grants, loans and contributions to the authorized capital.   This may lead to the suspension of the release…
Read more

Finland Terminates the Contract with Rosatom

Rosatom has expressed its "sincere disappointment" related to the decision of the Finnish party to terminate the contract for the construction of the Hanhikivi-1 NPP by Fennovoima Oy. The contract for the construction of the NPP was signed by Rosatom's subsidiary ROOTS Project Oy and Finnish Fennovoima in 2013.  On May 2, 2022, Fennovoima announced…
Read more

Russian Gas Undermines European Unity

The demand of the Russian authorities to "unfriendly countries" to pay for gas in rubles, as well as the demonstration of readiness to stop gas supplies to countries that refused to comply with these requirements, put the European Union in a difficult position.   According to Presidential Decree No. 172, "unfriendly" buyers must purchase gas…
Read more

China’s strategic caution

Russia and China are positioned as strategic partners at the highest level. In the face of sanctions pressure and the severance of economic ties with Western partners, many people in Russia count on China's unconditional support. Meanwhile, China's attitude to the current affairs is much less unambiguous than it seems at first glance. Chinese policy…
Read more

World military expenditure reaches it peak

SIPRI reports that total global military expenditure reached $2113 billion in 2021, increasing by 0.7%. The five largest spenders were the United States, China, India, the United Kingdom and Russia, together accounting for 62% of expenditure.    Military expenditure reaches record level in the second year of the pandemic. This was the seventh consecutive year…
Read more

Russian-Chinese Energy Cooperation and its Prospects

Cooperation between Russia and China in the field of energy and its development was discussed at the seminar "Prospects of Russian-Chinese energy cooperation". The event was organized by IMEMO RAS, the seminar was held on April 19, 2022 within the framework of the Global Energy Dialogue Forum. Speaking about the prospects of cooperation Alexander Lomanov,…
Read more

Our partners