Russian assets in Finland ordered frozen by the Helsinki District Court on Aug. 13 at the request of Ukraine's state-owned oil and gas company, Naftogaz, are worth $4.25 billion, Reuters reported, citing a court document.
Finland's National Enforcement Authority told Reuters it had executed the court order by confiscating and freezing Russian assets, without immediately providing details on the assets.
Switzerland has launched a new call for investment projects involving Swiss companies in Ukraine, making up to 50 million Swiss francs ($61 million) available to help finance reconstruction and economic recovery efforts, the Swiss government said on May 28. The initiative targets Swiss companies with an established presence in Ukraine
Ukraine's foreign exchange regulations are changing "rapidly and dramatically" and are providing "quite many surprises" to foreign companies operating in the country, representatives from Schneider Group warned at a webinar this week. The warning came during a one-hour presentation on foreign exchange controls
