Oligarchs

Group DF International and Hyundai Engineering in Vienna: New Industrial Park in Ukraine

In an ambitious move to aid Ukraine's post-war reconstruction, Group DF International, led by controversial Ukrainian oligarch Dmytro Firtash, and Hyundai Engineering Co. Ltd., have embarked on a major venture to establish a chemical industrial park in the city of Rivne, situated in Western Ukraine. This pivotal agreement was officially sealed in Vienna, setting the stage for what is poised to be one of the most substantial investment initiatives in the region.

April 15, 2024

These Are the 10 Finest Hotels in Austria

After two lean years, Austrian tourism is looking forward to the new season. More hotel guests are expected again, and this is urgently needed. We present you the 10 best hotels in Austria. One of them, belonged to the controversial Russian oligarch Oleg Deripaska. Read on if you want to know which one and where to book your upcoming luxory vacation.

April 6, 2022

UN General Assembly: 141 States Condemn Russian Aggression and Rights Violations against Ukraine

By a large majority, the UN General Assembly has condemned the Russian attack on Ukraine. 141 states voted in favor of a resolution to this effect and demanded Russia's withdrawal from the country. Austria was represented by its UN Ambassador.

March 2, 2022

How do Russian Politicians and Oligarchs Withdraw their Money from Austria?

The Russian money nobility has begun to repatriate large amounts of its western-hoarded money back to Russia in order to deprive it of access by Western authorities. The countries of origin are above all Switzerland, but also Austria and Great Britain. Sberbank, Russia's largest and state-owned bank, speaks of an atypically high capital inflow to Russia. Within a few weeks, a tripling of such repatriation transactions took place compared to the same period of the previous year. The sum is hundreds of millions of dollars. The average transfer amount has increased within a year by 50% to 3 million dollars. This meets with the Kremlin's desire to repatriate Russian assets.

February 22, 2018
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