Stay updated with breaking news from Import Genius. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As of July 2023, Russia had imported at least 3,600 luxury cars since the beginning of the full-scale invasion, even though the G7 countries imposed restrictions on exporting such goods to the Russian Federation in early March 2022.
Despite Western countries' efforts to cut off Russia from the world, market constraints have created new opportunities for Russian gangs to make money.
After Russia seized Crimea and unleashed the war in the Donbas in 2014, the Italian Danieli Group grew to become a major player in the Russian steel industry, the engine of Putin’s war machine. Danieli, which sells and services equipment for steel plants, has since worked with at least 14 Russian metal companies, including six that contribute to the Russian military industry. Danieli didn’t leave the Russian market when Russia started its full-scale invasion of Ukraine in 2022 and has supplied equipment to at least one Russian steel plant since then.
Kiev is purchasing weapons from its allies at exorbitant prices, according to Defence One publication, RIA Novosti reports photo: www.reuters.com...
Kyiv is paying exorbitant prices for Soviet-designed materiel, and has even managed to obtain Swiss ammo despite Geneva's ban.