Russian business exit

Putin adviser acknowledges capital flight as wealthy Russians move money abroad

Russia continues to face capital outflows amid sanctions and its confrontation with the West, presidential adviser Anton Kobyakov said, The Moscow Times reported.

4 September, 05:37 PM

China lures Russian Far East businesses with lower taxes, 3% loans

Companies operating in Russia’s Far Eastern Federal District have begun registering in China because of high taxes and expensive credit. Alexander Kalinin, head of the Opora Rossii business organization, described the trend in a report by The Moscow Times.

4 September, 12:27 PM

Up to 15,000 Russian companies close monthly as business conditions worsen

Between 12,000 and 15,000 companies have shut down in Russia each month for economic reasons since the start of 2026, roughly three times the monthly total in previous years, Kommersant reported.

4 August, 02:28 PM

Kremlin seizes Danish company’s Russian assets

Rockwool, a Danish construction material manufacturer, said that the Russian government has seized control of its four plants in Russia, Reuters reported on Jan. 13.

14 January, 02:41 AM

Indian oil giant struggles with supply after EU sanctions on Rosneft

Indian oil refiner Nayara Energy is set to receive its lowest-ever volume of crude oil this month as both imports and exports decline under European Union sanctions, Bloomberg reported on Aug. 12.

12 August 2025, 03:55 PM

Russian business exit