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Full coverage: Russia

How Russian energy giant Lukoil has manoeuvred through financial markets via Ireland

Lukoil Capital DAC was registered months before the war in Ukraine and raises money that’s funnelled back to the Russian firm, which is a major player in the Kremlin's economy.

Jonathan Keane
28th May, 2025 - 6 min read

Russia seizures: The Irish company tangled in the turmoil between the Kremlin and a Moscow airport

Russia is moving to seize critical infrastructure at home, including an airport, and authorities have identified an Irish subsidiary as a matter of interest.

Jonathan Keane
27th May, 2025 - 5 min read

“Pirate hijacking” and a $200m court order: How Ireland fits in the puzzle of a sanctioned Russian airline

Volga-Dnepr’s Irish arm is tangled up in legal disputes in Canada and the UK. Questions linger over what the airline’s Irish company is doing now.

Jonathan Keane
21st May, 2025 - 5 min read

Dan O’Brien: Like in Brexit before, Ireland must again side with Europe over Trump’s America

Ireland will become utterly isolated should it choose to opt out of European defence integration as the Donald Trump-led America continues to align closer with Russia over its traditional Western allies.

Dan O'Brien
7th Mar, 2025 - 5 min read

Dan O’Brien: Steady hands are needed as Ireland’s foreign policy faces multi-front crises

Ireland’s external environment is undergoing change not seen since the 1940s. Now is the time for a laser-like focus on what matters to Ireland and its interests – Europe and the US.

Dan O'Brien
21st Feb, 2025 - 7 min read

With $2.8bn in revenue, Playrix is the gaming empire that quietly sits in Dublin

The Russian-born Bukhman brothers moved Playrix to Ireland over a decade ago. Latest accounts show its mobile gaming business booking record revenues.

Jonathan Keane
4th Dec, 2024 - 3 min read

Ukraine is getting a $50bn loan backed by Russian assets. Why and how?

All pieces of the puzzle have just fallen into place to fund the Ukrainian war effort for another while, the top US diplomat in Europe explained in Dublin.

Thomas Hubert
24th Oct, 2024 - 2 min read

Tom Lyons: Russia has long sought to buy influence in Ireland. Cobalt, whoever he is, is unlikely to be alone

To understand why Russia would seek to develop intelligence in Ireland, just look at the volume of multinational data stored in Irish data centres or the huge volume of Russian funds that have flowed through the IFSC. In fact, I was once offered Russian money to buy an Irish newspaper.

Tom Lyons
12th Oct, 2024 - 4 min read

How Gazprombank (nearly) filled a €750m hole in the Irish balance sheet of Ikea’s retail arm

As it exited Russia, Ingka Group was set to lose multi-hundred-million-euro assets in the form of intercompany loans advanced out of Dublin. Then it cut a deal, only to find itself before a Moscow court.

Thomas Hubert
9th Jul, 2024 - 6 min read

Constantin Gurdgiev: If you think that rising energy prices are solely down to sanctions on Russia, it is time to think again

Yes, sanctions on Russia after its invasion of Ukraine have pushed up European energy prices. But the more you dig, the more you discover that the price surge goes beyond Moscow - and right back to Texas.

Constantin Gurdgiev
3rd Jul, 2024 - 6 min read
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