Tag: Foreign investment
China’s head of state Xi criticizes sanctions against Russia
video conference China’s President Xi Jinping spoke to German Chancellor Olaf Scholz and French President Emmanuel Macron about the war in Ukraine. (Photo: dpa) Beijing, Paris In conversation with Chancellor…
How Russian investors can continue to operate unhindered in Berlin
Alexanderplatz, Berlin Russia is in 20th place in a ranking of countries from which investments have flowed to Germany. (Photo: dpa) Berlin Ukraine’s parliament on Thursday approved a law confiscating…
Gazprom subsidiary Wingas restricts gas trading in Germany
Wingas gas storage near Rehden Companies with close ties to Russia like Wingas are currently under a lot of pressure. (Photo: Reuters) Dusseldorf The broker of a large portfolio manager…
Adidas exchanges its China boss
Adrian Siu The manager knows the Chinese market and is now returning to Adidas in a managerial capacity there. (Photo: Adidas) Munich, Beijing Loud music blasts from the third floor…
Gazprom subsidiary Wingas restricts gas trading in Germany
Wingas gas storage near Rehden Companies with close ties to Russia like Wingas are currently under a lot of pressure. (Photo: Reuters) Dusseldorf The broker of a large portfolio manager…
Unionpay as a way out for Russia’s banks?
Unionpay With a transaction volume equivalent to around 150 billion US dollars, Unionpay was the second largest payment network in 2020. (Photo: Reuters) Beijing After the withdrawal of Mastercard and…
China must take a stance on the Ukraine conflict
Military-strategic misjudgments, complete underestimation of Western cohesion and then sanctions that lead to a collapse of the economy and will cause great damage to the country for years to come:…
These corporations want to stay in Russia
Dusseldorf, Berlin, Frankfurt Metro boss Steffen Greubel has to justify himself more and more. Despite the current situation, the wholesale group wants to hold on to business in Russia. The…
Pharmaceutical companies continue to deliver to Russia
Frankfurt At internal meetings, Stada boss Peter Goldschmidt has had to mediate between employees from Ukraine and Russia himself, and not just since Russian troops invaded the neighboring country. “For…
German financial institutions stop making payments to VTB Bank Europe
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt According to…
Sanctions against oligarchs proportionate according to ICC
Luxury yacht “Lady M” in the port of Imperia The ship of the oligarch Alexei Mordashov was arrested in Italy. (Photo: AP) Cologne Oliver Wieck, Secretary General of the German…
How China could stop Russia’s war with Ukraine
Beijing Just last week, EU foreign policy chief Josep Borrell suggested that China could play a mediating role in the Ukraine war. Experts were skeptical – and this skepticism is…
Auditors KPMG and PwC separate business in Russia
PwC logo So far, Sberbank and the oil company Gazprom have been among the customers in Russia. (Photo: Reuters) new York After KPMG and PwC, the auditing company EY is…
Auditors KPMG and PwC separate business in Russia
PwC logo So far, Sberbank and the oil company Gazprom have been among the customers in Russia. (Photo: Reuters) new York The big auditors KPMG and PwC are parting with…
The sanctions are hitting the country with full force
empty shelves A sign indicates the maximum purchase quantity. Since the weekend, many Western companies have even gone out of business completely. (Photo: dpa) Berlin Women’s Day on March 8…
World’s largest credit card issuers suspend business in Russia
Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. (Photo: dpa) Washington Because of the Russian…
German suppliers are building factories of the future
Elon Musk in Gruenheide Tesla works fundamentally differently than German car manufacturers. The hidden champions like that. (Photo: Reuters) Dusseldorf, New York For a good two years, Tesla has been…
VW is building a new e-car plant for two billion euros
Dusseldorf Volkswagen is doing it like Tesla and is building a completely new electric car plant. VW is investing around two billion euros in the Warmenau district of Wolfsburg. The…
Politics and business celebrate the approval decision
Berlin The relief was almost tangible that Friday afternoon in the Potsdam State Chancellery. “A mammoth task” was the immission control approval process for the factory of the US electrical…
Mayor of Grünheide speaks of winning the lottery
In this respect, there will have to be technical solutions, for example a new waterworks, Christiani said. “Or you face the challenge of getting the water from where it is…