German companies eager to swell Russia’s coffers

German companies are the second largest foreign taxpayer in Russia. The German newspaper Frankfurter Allgemeine Zeitung (FAZ) reports that two-thirds of German companies that operated in Russia before the attack on Ukraine are still present there, continuing their business activities. In total, 261 German companies operate in Russia. This group includes such well-known brands as […]

Fedorska: The plastic chancellor wants the Chinese in the Hamburg port

China’s COSCO has expressed interest in acquiring a 35 percent stake in the port of Hamburg. Due to national security issues six ministries vetoed this option. Germany’s intelligence services shared the concerns. However, the German Chancellor Olaf Scholz advocated the sale of this share package to the Chinese – writes Aleksandra Fedorska, editor at BiznesAlert.pl.

Will Orlen take over the Schwedt refinery in Germany?

The Naftoport in Gdańsk is capable of increasing its capacity to carry additional oil via the „Friendship” oil pipeline to Schwedt. For many months, Germany did not want to talk about such a possibility, because dependence on Poland is frowned upon. However, the situation in Ukraine forced Germans to act– writes Aleksandra Fedorska, editor at […]

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