Guide to SWIFTBIC Codes for Russian Banks

Guide to SWIFTBIC Codes for Russian Banks

This article provides a comprehensive guide to obtaining the SWIFT/BIC codes for Russian banks, highlighting the importance of these codes in ensuring the safety and timeliness of international remittances. It also introduces methods for finding the codes and explains their relationship with IBAN, helping senders avoid common mistakes and successfully complete their transfers.

Australia Imposes Sanctions on Russian Oil Tankers

Australia Imposes Sanctions on Russian Oil Tankers

On June 18, Australia announced sanctions on 60 Russian oil tankers, marking a direct action against the 'shadow fleet' aimed at countering Russia's efforts to evade international sanctions through unofficial channels. The sanctions target deceptive practices and aim to maintain pressure regarding the Ukraine conflict. Since 2022, Australia has imposed over 1,400 sanctions on Russia, reflecting Western countries' tightening policies on Russian energy transactions.

06/23/2025 Logistics
Read More
Russian Customs Struggles with Rigid Performance Metrics

Russian Customs Struggles with Rigid Performance Metrics

The Russian customs performance evaluation system faces issues such as complex and rigid indicators, and an overemphasis on results rather than processes, leading to inefficient resource allocation and difficulty in meeting public needs. This paper suggests building a scientific performance evaluation system by clarifying assessment goals, simplifying the indicator system, introducing external evaluation, and strengthening process management. The aim is to improve customs efficiency and transparency.

Wildberries Expands Free Delivery to Attract Russian Shoppers

Wildberries Expands Free Delivery to Attract Russian Shoppers

Russian e-commerce giant Wildberries has launched a summer promotion offering free home delivery to new and long-inactive users, aiming to attract new customers and improve service experience. Previously, Wildberries has implemented several logistics innovations, such as 24-hour free delivery and free home delivery for oversized items. This initiative is expected to enhance its competitiveness in the Russian e-commerce market.

11/03/2025 Logistics
Read More
OZON Marketplace Expands Russian Ecommerce for Chinese Sellers

OZON Marketplace Expands Russian Ecommerce for Chinese Sellers

This article provides Chinese sellers with a guide to OZON Russia product selection, covering market research, target audience analysis, supply chain management, competitive analysis, product selection directions, and market testing. It aims to help sellers accurately select products and tap into the Russian market. The guide offers insights into understanding consumer preferences, navigating logistical challenges, and identifying profitable niches within the OZON platform. By following these strategies, sellers can increase their chances of success in the rapidly growing Russian e-commerce landscape.

Ozon Faces Nasdaq Delisting Amid Russian Ecommerce Challenges

Ozon Faces Nasdaq Delisting Amid Russian Ecommerce Challenges

OZON faces a potential delisting from Nasdaq, but maintains a leading position and growth potential in the Russian e-commerce market. This analysis explores the reasons and impacts of the delisting threat, highlighting OZON's resilient growth and unique advantages. It also forecasts its future development. By actively addressing challenges and seizing market opportunities, OZON is expected to overcome difficulties and achieve sustainable growth. Despite the Nasdaq situation, its strong presence in Russia and adaptation strategies are key to its continued success.