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☆ A timeline of 5 major hurdles Russia's imposed on Western firms trying to exit the country
▼ + stars: | 2023-09-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

The Russian foreign ministry did not immediately respond to a request for comment from Insider sent outside regular business hours. Some companies trying to exit Russia recently are facing demands of even steeper discounts, Reuters reported on August 25, citing three persons familiar with exit processes for foreign companies. Both firms had been trying to exit Russia for months before the seizures, before the sudden takeover. In July, Moscow targeted the Russian assets of food and beverage giants Danone and Carlsberg for seizures. A month later, in September, Russia demanded foreign banks unfreeze Russian assets if they wanted to exit the market.

Persons: Linklaters, —, Vladimir Putin's, Germany's, Fortum —, Putin, Dmitry Peskov, Alexei Moiseev Organizations: Service, Yale University, Russia, Russian, Novaya Gazeta, Companies, Kremlin, Investors, Danone, Carlsberg, Financial Times, UBS, Credit Suisse —, Zenit Bank, Reuters, Raiffeisen Locations: Russia, Wall, Silicon, Ukraine, London, Russian, Moscow

☆ Russia says it will not let foreign banks exit the market easily — unless they unfreeze Russian assets
▼ + stars: | 2023-09-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Russia's deputy finance minister said the country will not let foreign banks exit the market easily, per Reuters. Russia's decision to allow the banks to leave will "depend on the decision to unfreeze Russian assets," he said. It is not clear how many of these Russian assets were frozen by Western banks. AdvertisementAdvertisementMoiseev said at the Friday forum that there's one foreign bank applying to sell its assets in Russia, per Reuters. That jumped to nearly $10 billion at the end of March 2023, per the FT.AdvertisementAdvertisementRussia's finance ministry, Kyiv School of Economics, Bank of China, Industrial & Commercial Bank of China, China Construction Bank, and Agricultural Bank of China did not immediately respond to requests from Insider for comment.

Persons: Alexei Moiseev, Vladimir Putin's, it's, —, Moiseev, Raiffeisen Organizations: Reuters, Service, Yale University, Raiffeisen, Kyiv School of Economics, Bank of China, Industrial, Commercial Bank of, China Construction Bank, Agricultural Bank of, Financial Times, Agricultural Bank of China Locations: Russia, Wall, Silicon, Russian, Ukraine, Moscow, Commercial Bank of China, China, Agricultural Bank of China

☆ Russia says it won't let foreign banks leave easily
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +1 min

Russian Deputy Finance Minister Alexei Moiseev attends a session of the annual international military-technical forum "ARMY" at Patriot Expocentre in Moscow Region, Russia August 22, 2018. REUTERS/Maxim Shemetov/File photo Acquire Licensing RightsMOSCOW, Sept 1 (Reuters) - Russian Deputy Finance Minister Alexei Moiseev said on Friday that the government would not allow foreign banks to leave Russia easily. "We have stated our position and it stands - we will be tough in letting foreign banks go, it will depend on the decision to unfreeze Russian assets," Moiseev said, speaking at a forum. Responding to questions about applications to sell assets, Moiseev said Austria's Raiffeisen Bank (RBIV.VI) had not made such a request. "I am aware of one foreign bank's application to sell assets ... which is under consideration by the government commission," he said.

Persons: Alexei Moiseev, Maxim, Moiseev, Austria's, Elena Fabrichnaya, Felix Light, Bobrova, Hugh Lawson, Kevin Liffey Organizations: REUTERS, Rights, Austria's Raiffeisen Bank, Thomson Locations: Moscow Region, Russia, Ukraine, Western, Russian

[1/3] A tyre produced by the Finnish group Nokian Tyres on display at a dealership in Moscow, Russia, March 23, 2023. Nokian Tyres' protracted departure illustrates the growing headwinds faced by Western companies that have yet to fully depart the country. "The war changed the operating environment in a rapid and unpredictable way," Nokian Tyres' Chief Transformation Officer Johanna Horsma told Reuters. Additional valuation requirements published in mid-December came in the middle of Nokian Tyres' transaction, he added. The buyer needs to be well selected to avoid scammers, said Nokian Tyres' Horsma.

Persons: Maxim Shemetov, Johanna Horsma, Finland's Fortum, Germany's, Peter Wand, Baker McKenzie, Thomas Kormendi, Kormendi, Alexei Moiseev, Moiseev, Nokian, Tatiana Stanovaya, Elopak, Baker McKenzie's Wand, Alexander Marrow, Darya Korsunskaya, Matt Scuffham, Kirsten Donovan Organizations: Nokian Tyres, REUTERS, Finland's, U.S . Treasury, Reuters, Companies, Thomson Locations: Moscow, Russia, finalising, Ukraine, Western, Frankfurt

☆ HSBC takes $300 mln hit on Russia business sale, says deal on track for 2023
▼ + stars: | 2023-02-21 | by ( Lawrence White | ) www.reuters.com time to read: +1 min

Europe's biggest bank has taken a $300 million loss on the expected sale of the business, HSBC said as it reported its annual results for 2022. HSBC said in July last year the deal was pending approval from Russia's government and regulators, shortly before Deputy Finance Minister Alexei Moiseev said Russia would block the sale of foreign banks' Russian businesses. Credit Suisse last July was banned from disposing of shares in its Russian unit by a Moscow court which also ordered the seizure of 10 million euros ($10.7 million) from the Swiss bank. HSBC's operations in Russia consisted of a corporate banking business which offered a range of lending and investment banking services to domestic and multinational customers. It employed around 200 people on the eve of Russia's invasion, HSBC Chief Financial Officer Ewen Stevenson said at the time.

☆ Russian soldier says they're suffering more losses 'from their own side' than from Ukrainians, including being fired on by their own tanks
▼ + stars: | 2022-12-21 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Russian soldiers are getting killed by their own military, according to multiple reports. In audio released by Ukraine, a Russian soldier said 20 men died after a Russian tank fired on them. The soldier told his mother there are more losses "from our own" than from Ukrainians. A report by the independent Russian outlet iStories, also published on Tuesday, found a pattern of negligence and deadly mishaps among troops fighting in Ukraine. The outlet highlighted two incidents in the last few months where a Russian soldier accidentally killed another because of drunkness and the clumsy use of weapons.

☆ „Cei care au maltratat, au omorât, nu trebuie iertați”. Interviu cu Dragoș Boboc, la 12 ani de la „revoluția” din 7 aprilie 2009
▼ + stars: | 2021-04-08 | by ( Diana Severin | ) www.zdg.md time to read: +9 min

E despre familia lui Valeriu Boboc, omorât în PMAN în timpul protestelor anticomuniste din aprilie 2009. Cum a fost viața lui Dragoș după noaptea de 7 spre 8 aprilie 2009? Ce cunosc și ce cred colegii săi despre evenimentele din 7 aprilie 2009 și sacrificiul lui Valeriu Boboc? Cum ar proceda Dragoș, dacă ar fi ca 7 aprilie 2009 să se repete? — Apropo, Valeriu Boboc a fost decorat post-mortem cu Ordinul Republicii…Nu cunosc…— Ce trebuie să facă generația voastră ca să păstrăm memoria lui Valeriu Boboc?

Persons: Dragoș Boboc, Valeriu Boboc, Mihail Sadoveanu, Valeriu, Perju, Dragoș, Valeriu Boboc ?, Dragoș ., Tata, Paris Saint - Germain, Ștefan cel Mare, Eiffel, . Organizations: Apel Chișinău Locations: Chișinău, Germania, Paris Saint -, Moldova, Paris, visez, Franța

„Să considerăm Flota de Nord o asociere teritorială strategică multiserviciu a Forţelor Armate Ruse, care să îndeplinească sarcinile unui district militar”, se spune în decret. Documentul a fost adoptat „în scopul de a implementa măsuri de protejare a integrităţii şi inviolabilităţii teritoriului” rus, se precizează în text. Pe 5 iulie anul acesta, Vladimir Putin a semnat un decret asupra împărţirii militare şi administrative a Rusiei, care îi atribuia deja Flotei de Nord statutul de district militar începând de la 1 ianuarie 2021. În prezent Flota de Nord este o asociere operaţională şi strategică a marinei ruseşti. Principala bază navală a Flotei de Nord, Severomorsk, se află în Regiunea Murmansk.

Persons: Vladimir Putin, ruseşti, Aleksandr Moiseev Organizations: multiserviciu, Armate Ruse, Flotei Locations: Nord, Armate, rus, Rusiei, Republicii Komi, Arhanghelsk, Murmansk, Flota, Flotei de Nord, Regiunea Murmansk, Vidiaevo, Gadjievo, Severodvinsk

☆ Pandemia schimbă multe: De ce ai putea uita în viitor de programul de lucru de la 9:00 la 17:00
▼ + stars: | 2020-11-14 | by ( ) www.jurnal.md time to read: +2 min

Potrivit cercetării, trei sferturi dintre angajați nu își mai doresc să revină la paradigmele tradiționale de lucru, cele de dinaintea pandemiei. Potrivit studiului Kaspersky, 74% doresc să reorganizeze modul tradițional de lucru după ce pandemia se va încheia și mai toată lumea revine la birou. Practic, studiul vine cu o concluzie clară: angajații sunt cei care, pe viitor, vor avea un cuvânt de spus mai apăsat, scrie Playtech.ro. „Vedem acum că angajații folosesc tehnologia pentru a-și crea un nou viitor și care preiau conducerea în adoptarea schimbărilor, în căutarea unei mai mari libertăți și a flexibilității. Companiile au acum misiunea de a adapta și remodela locul de muncă modern, făcându-l mai productiv, mai sustenabil și mai maleabil.”

Persons: ., Alexander Moiseev Organizations: Kaspersky

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