GFM Network News


Russian farming firm to test investor appetite

Moscow | Reuters — Russian farming conglomerate Rusagro launched a secondary share offering on Thursday which will test foreign appetite for Russian assets. Share sales by Russian companies have been rare since Western sanctions imposed in 2014 over Ukraine cut access to foreign capital markets and after a sharp drop in global oil prices, the […] Read more

Russian cheese lovers find way around import ban

Moscow | Reuters — An entrepreneur has found a way to supply Italian parmesan, Dutch Gouda and British Cheddar to cheese connoisseurs in Russia, sidestepping a ban on importing European food that the Kremlin imposed in the fallout from the conflict in Ukraine. Russia’s government banned wholesale imports of fresh food products from the European […] Read more