"The situation has changed considerably since 2011" In July...

"The situation has changed considerably since 2011"

In July 2016, the U.S. pharmaceutical giant Pfizer became the first foreign company in its sector to localize its business in Russia with a Russian partner. Pfizer and the Russian-American company NovaMedica, whose shareholders include the Russian state-owned company Rusnano, decided to jointly invest in the construction of a plant in the Kaluga Region, 125 miles southwest of Moscow

21 Jul, 2016 - German firms want an over €2bn stake in Russian high-speed railway. Siemens along with Deutsche Bank, Deutsche Bahn and other major companies are part of the German Initiative Group consortium.


Nord Stream2 partners withdraw from plans to build a gas pipeline from Russia to German. A plan for multiple large European energy companies to team up to build a second natural-gas pipeline from Russia to Germany has collapsed, but the impact on the overall project was unclear. But in a joint statement, the consortium of Gazprom, Shell, Wintershall, French utility Engie, Austria’s OMV, and a unit of German utility E. ON said the decision wouldn’t affect the project, which has had strong backing from German Chancellor Angela Merkel.

Wintershall, a subsidiary of BASF (German) - Wintershall In Russia - Achimgaz – a joint venture between the Russians and Germans

07 June 2016 - Ruspole Brands, one of Russia’s largest producers of canned foods, and Germany's Develey Holding GmbH, a major European manufacturer of sauces and condiments, have announced a joint venture to produce tomato paste in Russia’s Volgograd region.

etc, etc.

Doesn't sound like the sanctions are working. Companies large and small are going about the business of doing business in Russia, and that might well increase with Trump in the White House.

Could it be you are not across the situation and perhaps stuck in an old-world ideology ?