Vadim Dumesh - Profile and Journalist Details

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Total articles 37

• Russia still brings Raiffeisen half its profit as it drags feet on exit

  By Vadim Dumesh| bne IntelliNews Verified Raiffeisen Bank International's (RBI) net profit in Russia in 1H24 rose 2.8% year on year to €705mn, with the Russian business accounting for half of Raiffeisen group’s profit, the bank said on June 30. RBI is under heavy regulatory pressure to come up with an exit plan from Russia, but the bank would take a massive hit, as Russia made up 38% of its net profits in 2023 and this figure has if anything risen over recent quarters.

  By Vadim Dumesh · bne IntelliNews

  Jul. 30, 2024

• Poland seizes Russian oligarch Kantor's stake in Azoty

  By Wojciech Kosc Verified, Vadim Dumesh| bne IntelliNews Verified Poland has seized temporary control of Russian oligarch Vyacheslav Kantor's 19.82% stake in the Warsaw-listed chemicals group Azoty, Development and Technology Minister Waldemar Buda said on July 11. Following Russia’s invasion of Ukraine, Poland has gone to some lengths to make sure Russia is not involved in important Polish companies. Azoty is the EU’s second-biggest producer of nitrogen and compound fertilisers, as well as products such as melamine and polyamide.

  By Wojciech Kosc Verified, Vadim Dumesh · bne IntelliNews

  Jul. 12, 2023

• Russia still brings Raiffeisen half its profit as it drags feet on exit

  By Vadim Dumesh| bne IntelliNews Verified Raiffeisen Bank International's (RBI) net profit in Russia in 1H24 rose 2.8% year on year to €705mn, with the Russian business accounting for half of Raiffeisen group’s profit, the bank said on June 30. RBI is under heavy regulatory pressure to come up with an exit plan from Russia, but the bank would take a massive hit, as Russia made up 38% of its net profits in 2023 and this figure has if anything risen over recent quarters.

  By Vadim Dumesh · bne IntelliNews

  Jul. 30, 2024

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bne IntelliNews

bne IntelliNews is a business media company that focuses on delivering business news and data related to emerging markets. Established in 2014 through the merger of bne Media and Emerging Markets Direct, the company is based in Berlin, Germany, and has editorial bureaus in various regions, including Eastern Europe, Central Asia, Africa, and the Middle East. The company provides a variety of services designed to offer actionable insights for investors and businesses. These include daily news updates, analyses, and commentary on political and economic developments, as well as data and forecasting for over 72 countries and 400 industry categories. Key products include the bne IntelliNews Magazine, a monthly print publication, IntelliNews Pro, a premium newswire service, and NewsBase, a series of newsletters focused on the global energy sector.