Who’s not afraid of sanctions

Who’s not afraid of sanctions In 2018, German companies invested over three billion euros in Russia, hitting a new high since the 2008 financial crisis in terms of investment volumes.   The Russian-German Chamber of Commerce reported that, according to Bundesbank records, the volume of German companies investments into the Russian economy reached its peak since…

German business isn’t giving up

German business isn’t giving up The business climate in Russia is getting worse as the volatile ruble and sanctions take a toll on the country’s economy, but this hasn’t discouraged German businessmen.   This was the conclusion drawn from the survey of German companies operating in Russia regarding prospects in 2019, conducted by the German Committee…