The US sanctions hit profits at SPB Exchange
The US sanctions have brought down profits at the PJSC SPB Exchange. PJSC SPB Exchange, located in Moscow, published interim financial results for the first half of 2024 which showed…
Cian Group moves to Russia after delisting from NYSE
Cian PLC, the leading online real estate classified platform in Russia, has decided to relocate Cian Technology, its current holding company, from Larnaca, Cyprus, to the Special Administrative Region of…
Georgian Railway declines to deal with a Russian company due to sanctions
JSC Georgian Railway refused to purchase electric locomotives in Russia worth $80.519.105 after learning about sanctions imposed by the US Treasury on Sinara Transport Machines, which owns Ural Locomotives, a…
Hungarian National is suspected to Export U.S. Military-Grade Radios to Russia
The U.S. Department of Justice published a statement on charging Hungarian national Bence Horvath, who is suspected of exporting U.S.-made military-grade radio equipment to users in Russia. Horvath was arrested…
The new crypto exchange in Russia: rumor or truth
The St. Petersburg Currency Exchange (SPVB), located in the Russian city of St. Petersburg, has denied a report by the Kommersant newspaper that a crypto exchange will appear on its…
The United States hits Russia’s payment system with new sanctions
The US Department of the Treasury has announced sanctions against nearly 400 companies and individuals in order to disrupt the supply of goods and payments to Russia. "Companies, financial institutions,…
Russian mining company Mechel got rid of its assets abroad
Mechel, the Russian mining and metallurgical company, got rid of assets abroad. In its report for the second quarter, the company indicated that it had lost control over European assets.…
Kyrgyz banks halt money transfers through Russian banks
Kyrgyz Aiyl Bank and Кompanion Bank have stopped transfers through the Russian bank PJSC Sberbank, while Кompanion Bank has stopped transfers to Russian TBank. Both banks report that transfers through…
Latvian National Extradited for Illegally Export to Russia
Oleg Chistyakov, aged 55, who had been extradited from Latvia, appeared in federal court in Kansas City. The US Department of Justice announced. Chistyakov is the third defendant in the case of conspiracy to sell sanctioned aviation equipment to…
Venezuelan National has pleaded guilty to a scheme to circumvent sanctions
Circumvention of US sanctions led to the initiation of a criminal case, the accused faces up to 20 years in prison George Semeren Quintero, 60, from Venezuela, pleaded guilty to…