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Reserve football club of ‘Spartak’ team will be liquidated

... were published on the official page of the club's website on the Internet. The club management also thanked the coaching staff headed by Evgeny Bushmanov. In the spring of 2022, the capital's football club faced many problems related to the various sanctions against players. The team was suspended from participation in European competitions. Nike, which was the club's sponsor, terminated the advertising agreements. We should recall that earlier FIFA suspended all Russian football teams from participation ...

The British are at risk of being left without ‘fish and chips’ on Fridays

... about half of all oil used in fish and chips establishments. Alternative products (such as rapeseed or palm oil) have also risen in price amid the military conflict. The source of 40% of fish products (cod and haddock) in the UK was Russia. However, the sanctions against the Russian authorities affected the activities of suppliers of white fish working in the Russian Federation. The import of fish from the country was actually stopped, and the cost of North Sea products became available not to every ...

Wildberries and Ozon ready to work with parallel imports

... of such goods at both sites is that the seller has all the necessary documentation, representatives of the marketplaces emphasized. Legislative consolidation of the possibility of parallel imports took place a month earlier against the backdrop of sanctions imposed against Russia. First, the Government of the Russian Federation issued a decree allowing the import of goods, the delivery of which is impossible due to sanctions, from other countries where these goods are delivered. Subsequently, ...

Russians are deprived of the opportunity to go on a cruise

... selling their products to Russians. The banned list also includes citizens of the Republic of Belarus, the DPR and the LPR. The measure is related to the conflict between Russia and Ukraine, as well as possible financial risks for cruise companies and sanctions imposed by other states. Booking of new tours has been suspended in a number of organizations, including Carnival Cruise Line, Princess Cruises and Costa Cruises. As for the already purchased cruises, citizens who have fallen under the ban ...

Bankruptcy of Nord Stream 2 AG suspended until autumn

... certifying the company as an independent operator was stopped by the German regulator in November 2021. Rusbankrot reported on the decision of the German authorities on February 22 to completely stop certification, and on February 23 it became known about sanctions against the company imposed by the United States.

Germany faces a wave of bankruptcies due to the refusal of Russian gas

The refusal of Russian gas could lead to a sharp increase in the number of bankruptcies in Germany. This will mostly affect small and medium-sized enterprises that do not have long-term contracts for the supply of natural gas. The attention to the problem was drawn by the German media Handelsblatt . The published material contains data from a survey in which more than 40,000 German entrepreneurs took part. Among them, only two percent indicated that they were provided with energy purchases for...

The number of offers for the sale of shopping centers has grown in Russia

Last month, there has been a sharp increase in the number of proposals for the sale of shopping centers. Compared to the same period of the previous year, we can talk about 2-3 times growth. At the moment, there are about a hundred objects in both capitals and other large million-plus cities. Such a situation could have arisen due to a sharp drop in customers’ traffic due to the mass exodus of foreign brands. About 30-40% of tenants resorted to the suspension of their work in Russia. However...

Bankruptcy moratorium turned out to be unnecessary for Ural industrialists

... as “SUENKO” (Siberian-Ural Energy Company), “UOTK” (Ural Oil Transportation Company), “NLMK-Ural” and many others. The moratorium, introduced until October 1, 2022, was intended to help Russian businesses overcome the economic situation caused by the sanctions of a number of foreign countries. Creditors in this situation are deprived of the opportunity to file bankruptcy petitions against debtors, but no one prevents people with debts from declaring their own bankruptcy. For the enterprises in the ...

Russian billionaires lost $45.484 billion in 2022

... Russia, whose names are included in the Bloomberg Billionaires Index (BBI) global ranking, have become almost $45.5 billion poorer since January 2022. Their total fortune at the moment is about $328 billion. Experts attribute this state of affairs to sanctions from the foreign states, under which many fell after the start of a military special operation launched by the authorities of the country on the territory of a neighboring state. For many, the reasons for a decline in capitalization were the ...

German manufacturer of condoms for Russians went bankrupt

The factory CPR GmbH from the Lower Saxony, which produced contraceptives, declared insolvency. German experts call anti-Russian sanctions the main ground for this. Lawyer Karina Schwartz has been appointed an interim manager in the case. The company, founded in 1987, annually produced up to 200 million contraceptives. Moreover, Russia was one of the main export destinations....

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