Russian Federation Prime Minister Vladimir Putin is all over the news of late. First running for the Presidency again, and today talking about something termed a “Eurasian Union”-or as some proclaim – a soviet bloc party renewed. But, Putin’s ideas could well solve any number of points of pain for his people.
TUI Travel Gains Confidence and Russian Investment
Russian billionaire steel tycoon Alexei Mordashov has increased his stake in German tourism group TUI. Mordashov raised his stake to above 20 percent from just above 15%. The transaction was made via his S-Group holding company. In TUI’s latest corporate documents, it is clear the company intends massive expansion into the Russian Federation.