Latvian customs deprive Russian buyers of new Porsche cars
The Latvian Customs Service did not allow 15 new Porsche cars to pass through due to suspicion that the cars, despite sanctions, would be sent to buyers in Russia. The…
US lifts sanctions on Russian ex-banker Ilya Brodskiy
The U.S Department of the Treasury has lifted sanctions against Russian ex-banker Ilya Brodski, who has both Russian and Cypriot citizenship. Ilya Brodsky was the president of Sovcombank. In March 2022, sanctions were imposed on Ilya Brody and 16 other…
The Russian state-owned television channel starts to show advertisements for clothing from North Korea
The Russian state television company GTRK Sakha broadcast an advertisement for clothing produced by the DPRK. This clothing is available for purchase in one of the stores in the city…
Poland imposes sanctions on a plywood plant in Kazakhstan
Poland has imposed sanctions on a plywood plant in Kazakhstan, because of its possible ties to Russia. The Ministry of the Interior and Administration of the Republic of Poland has added Limited Liability Partnership Vostochny Plywood Mill (VFK LLP -…
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…
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.…