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Lukoil is “choking” with fuel oil: plants are on the verge of shutdown

Lukoil company has warned the authorities about the possible termination of the work of its oil refineries (refineries). The corresponding letter was sent by the beneficiary of the organization Vagit Alikperov to the Deputy Prime Minister Alexander Novak on March 25, 2022. The reason was Western sanctions, which led to a significant decrease in the volume of shipped fuel oil. According to Kommersant, the fuel storage facilities of Lukoil plants are overfilled. The volume of exported fuel oil decreased...

X5 Group closed “Okolo” delivery service

Fast delivery service “Okolo” ceased to exist. The X5 Group decided that the cost of supporting the aggregator could hinder the development of the operating business model. The corresponding message was received by the customers who tried to open the “Okolo” app on their mobile devices. The company noted that now they would be able to pay more attention to the system development of darkstores. Express delivery from the Pyaterochka and Perekrestok apps, which are part of the X5 ecosystem, is still...

H&M announces suspension of work in Russia and Ukraine

Last night, the Swedish clothing and home goods brand H&M announced its decision to suspend the chain's work in Russia and Ukraine. This is due to the current situation between the countries and the intention of brand to support all the people suffering now. The announcement of the suspension was posted on the brand's official website on Wednesday evening. It says that the H&M Group has come to the decision to temporarily suspend sales of all company products in the Russian Federation. As for...

German insurance company stops insuring Nord Stream 2 pipeline

German insurance company Munich Re, headquartered in Munich, announced the decision to stop work on the Nord Stream-2 gas pipeline. Cancellation of the contract is not connected with the current aggravation of the geopolitical situation, the firm's representatives said. The decision to do so was made public a year ago, when the threat of sanctions loomed over the project. At that time, 17 enterprises from Europe and the USA left Nord Stream 2. Bloomberg cites the words of Joachim Wenning, who is...

‘AUCHAN’ CLOSES STORES IN RUSSIA AND CHANGES OPERATION POLICY

The Auchan hypermarket chain, which came to the Russian Federation from France, is changing the concept of working on the Russian market. This was announced earlier by the President of Auchan Retail Russia Philip Brochard. As a part of the new strategy, a part of the retail space will be leased to other entrepreneurs. This year, a significant reduction in the number of Auchan hypermarkets took place in Russia. Some of them changed their format to urban-type retail outlets. The new development strategy...

THE OLDEST RUSSIAN ONLINE MEDIA OUTLET NEWSRU.COM WILL BE CLOSED

The activities of the online media outlet Newsru.com, which has been operating for 21 years, will be terminated. The editorial office of the electronic edition reported that economic problems became the reason for the liquidation of the news media. Over the past few years, the portal has lost many large advertisers, who have ceased cooperation for political reasons. It is known that the Newsru.com media remained almost the only asset of Vladimir Gusinsky in Russia for many years. The former owner...

YARCAT PET CARE FOUNDATION WILL BE CLOSED

The YarCat pet care foundation, which has been officially operating in Yaroslavl since 2012, will be closed. The animal rights activists announced this decision on the organization’s page in VKontakte social network. The volunteers spoke about their moral and emotional burnout associated with working in the shelter and the general negative state of affairs in the area in the region. The shelter began its work in 2009, when members of the initiative group, united by the idea of ​​helping...

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