Assets of many Western companies were expropriated and those of some major Russian businesses were seized by the state.

The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market ...

Russia's federal budget received 132 billion rubles from property sales.

Russia’s economy is teetering on the brink of recession as the war in Ukraine continues to drain its resources. -Top Russian officials, including the head of the Central Bank, have issued rare public ...

For Vladimir Putin, Russians’ appetite for the vegetable has become problematic, however. Shortages have pushed up prices by ...

The Russian economy has adapted to Western sanctions and inflation is now slowing, but turbulent times and major ...

The Russian economy is on the brink of recession, with several key sectors showing dwindling productivity, according to ...

The Kremlin's grip on the Russian elite appears to be closing ever tighter as two major figures of Russian business and ...

Long seen as loyal to Russian President Vladimir Putin, billionaire Konstantin Strukov is on the verge of being stripped of ...

Vladimir Putin is facing a fresh economic nightmare as the rate of new brands entering the Russian retail market has ...

Russian President Vladimir Putin has begun seizing assets from billionaire Konstantin Strukov, owner of a major gold mining ...

Fortress Russia’ uses a host of mechanisms to take major assets as Moscow weathers Western attempts to sink its economy.