Ulyukayev invites Germany to take part in Russian privatisation programme

There is no reason that German companies should not participate in the Russian privatisation programme, Economic…

Germany’s DMK gets go ahead to buy into Russian cheese market

FAS, Russia’s state-owned anti-monopoly watchdog has given German dairy producer DMK Deutsches Milchkontor the green light to acquire…

US calls on EU to hold fire on Nord Stream 2 to assess security risks

US officials have urged the EU not to rush into the construction of the Nord Stream 2…

Siemens in trilateral talks to provide rolling stock for Moscow-Kazan line

Moscow-Kazan: Siemens, the German engineering multinational with headquarters in Berlin and Munich, is in talks with the…

Nord Stream 2 scheduled for 2018 completion

Nord Stream 2 AG, the consortium behind plans to build a second  gas pipeline along the…

IRISL and PWL in talks over new German Iranian shipping JV

Islamic Republic of Iran Shipping Lines (IRISL) and Germany’s PWL Group have signed an MoU that opens…

German and Japanese firms pledge $4bn to Iranian petrochemicals

Iranian petrochemicals: The German Linde Group has joined forces with Japan’s Mitsui to put together a $4bn investment…

Metro’s Media Markt eyes up gaps in $13bn Turkish electronics market

 German retailer Metro’s subsidiary is planning to ramp up its Turkish operations, its country director  Yenal Gökyldirim…

Russian Railways considers ditching SAP for domestic alternative

Russian Railways is  considering terminating its long term relationship with the the Germa enterprise software giant SAP…

Russian re-registration law adds to German business exodus

Russian re-registration law: More than 400 German companies  pulled out of Russia last year, according to the…

ChemChina to acquire Germany’s KrausMaffei Group for €925m

A consortium headed by ChemChina, China’s largest state-run chemical firm, is to acquire Germany’s KraussMaffei Group for €925m from the…

Siemens in deal to upgrade Iran’s railway infrastructure

Siemens has signed an MoU with the Islamic Republic of Iran Railways company to upgrade the…

Deutsche Bank sells $4bn stake in China’s Hua Xia Bank

Deutsche Bank  has agreed to sell its entire 20% stake in Beijing-based Hua Xia Bank  to…

Germans propose $12bn investment in Iranian petrochemicals sector

 A group of German companies are proposing to invest €12bn in the Iranian petrochemicals sector, Iran’s Deputy Oil Minister…

German operator wins concession to run 14 Greek airports

After months of negotiations, Frankfurt Airport’s management company Fraport has been granted the right to operate…

Frequency of Zhengzhou-Hamburg freight train services set to double

The number of freight trains traveling between  the capital of China’s Henan province Zhengzhou and  the…

Call for New Nord Stream pipeline to be discussed at EU summit

Nord Stream 2: A group of 10 European  governments have written to the EC calling for…

Deutsche Börse and Shanghai Stock Exchange set up yuan trading platform

Germany’s Deutsche Börse has announced that it is teaming up with the Shanghai Stock Exchange and…

Gazprom halves Turk Stream capacity for Nord Stream 2

Gazprom has almost halved the planned capacity of its TurkStream gas pipeline project  from 63 to…

Axel Springer quits Russia over new media law

 Germany’s Axel Springer has decided to pull out of Russian and has sold 100% of its Russia…

Deutsche Bank getting ready to quit Russia

Deutsche Bank has decided to close all its Russian operations except for its GTB transaction banking services, it…

Axel Springer rumoured to be quitting Russia

Axel Springer is about to sell an 80% stake in its Russian publishing operation to Alexander…

Tehran sets sights on $30bn FDI in Iranian energy sector

Iranian energy sector: Iran expects to attract $30bn foreign investment into its energy sector, its Energy Minister…

New consortium formed to build €9.9bn Nord Stream 2

Gazprom, E.ON,BASF/Wintershall, OMV, ENGIE  and Royal Dutch Shell have formed a consortium to build Nord Stream 2, the €9.9bn…