Fifteen countries from central, eastern and southeastern Europe yesterday pledged to accelerate the construction of the continent’s gas…
Topic: Central & Eastern Europe
Contracts, exports and trade relations between Central and Eastern Europe, Russia, Azerbaijan, Kazakhstan and Central Asia
Sberbank may sell European branches in bid to cut costs
One of Russia’s largest banks Sberbank is considering putting some of its European branches up for…
European Pipeline Club set up to strengthen stability of oil transportation
European Pipeline Club: Russia’s Transneft, Slovakia’s Transpetrol, Belarus’s Gomeltransneft Friendship, Poland’s Przyjazn, Hungary’s MOL and the Czech Republic’s MERO…
Azerbaijan ICT Fund hooks up with Hungarian start-up specialists
Azerbaijan ICT Fund: The Hungarian investment and business services company DBH Group has signed MoUs with…
Hungary defies EU over South Stream gas pipeline
Hungary defies EU: Hungary’s parliament this week gave its approval to legislation that would pave the way for the…
EM&F Group to close down Russian retail franchises
EM&F Group, the Polish-based business agent that controls the East European outlets of the Esprit, OVS and River…
New Polish sea channel planned to bypass Russian
New Polish sea channel: The Polish government is planning to build a new sea channel that…
Lukoil sells European petrol stations
Lukoil sells European petrol stations: Lukoil has agreed to sell its network of petrol stations in…
Lukoil-Ukraine gas stations sold to Austria’s AMIC
Lukoil-Ukraine: Lukoil has agreed to sell the 240 Ukrainian gas stations and six oil depots it owns…
Polish fruit and veg imports banned and EU may be next
Polish fruit and veg imports banned: Russia is imposing a ban on the import of most fruit and…
Baku property market bounces as Azeri investors quit Russia
Baku property market: Nervous about the long-term fallout from events in Ukraine, Azeri investors have been…
Military cost of break with Ukraine put at RUB33bn
Break with Ukraine: Russia will need to spend around RUB33bn to redress the negative effects of losing access to Ukraine’s military-industrial…
Uzbek-Czech Business Union gets down to work
The Uzbek-Czech Business Union was officially inaugurated this week by Timur Abdullayev and František Masopust, respectively…
2014 Russian M&A activity hits four year low
2014 Russian M&A activity: Company acquisitions in Russia fell to their lowest value in four years as the crisis…
Russian capital outflow continues
Russian capital outflow: A combination of inadequate data and ongoing anxiety over the Ukrainian crisis means that…
Russian tourist numbers drop in wake of Ukraine crisis
Russian tourist numbers: The number of tourists coming to Russia from key European countries this year…
Czechs sole bidders for Russian wind power plants
Russian wind power plants: Czech investment fund Falcon Capital is reported to have been the only…
Czech investment in Azerbaijan reaches $1bn
Czech investment in Azerbaijan: Czech Republic’s public and private sectors have invested more than $1bn in…
Overseas retailers freeze expansion plans
Overseas retailers freeze expansion plans: Several major foreign retailers and restaurant chains have put their plans…
Moscow trading volumes boosted by Ukrainian crisis
Moscow trading volumes: Trading volumes on the Moscow Stock Exchange have increased sharply in the wake…