... difficulties. According to half-year results, Volkswagen’s operating profit in Q2 fell by more than 29% YoY (to ~€2.3 billion), and net profit declined by 36%. The main reasons include a sales slump in the key market of China, where competition from local electric vehicles is intensifying, as well as costs resulting from American import tariffs. The company was forced to lower the profit forecast for the entire year. Despite revenue growth in the electric vehicle segment in Europe, global challenges—from tariff wars to excess production capacity—are weighing down the automotive ...

... other processed products. 5. Energy infrastructure Gazprom actively invests in energy assets for the production of heat and electricity. Gas turbine power plants: Installed in various regions of Russia, they provide energy to industrial and domestic ... ... meets both Russia's domestic needs and export supplies. Fields of the Yamalo-Nenets Autonomous Okrug: Yamal is a strategically important region for gas production, where the largest reserves of natural gas are concentrated. Bovanenkovo field: One of the ...

... EU are significantly higher than in the US and China, making production in Europe less competitive. Statistics: The cost of electricity for industrial consumers in the EU has risen by 30% over the past two years. Consequences for Business and the Economy ... ... EU's retaliatory actions may include increasing tariffs on US goods, tightening trade barriers, and enhancing controls over imports from the US. Context: The threat of tariff increases from the US is linked to pressures on European companies concerning ...

... China are expected to grow due to strong mutual interest. In nuclear energy, Russia and China are competitors, Malkov notes. However, Russian technology is "more than a generation ahead" of Chinese technology, he adds. A strategically important area of cooperation could involve direct electricity supplies from Russia to China. Currently, electricity is delivered via the high-voltage Amurskaya–Heihe line, which helps balance Northeast China's power grid. In 2023, exports totaled approximately 3.1 billion kWh. Increasing exports will ...

... capacity, actively receiving supplies from the US, Qatar, Africa, and other regions. For instance, in just July 2025, Europeans imported about 11.3 billion cubic meters of gas in the form of LNG (37% more than the previous year), which helped offset the ... ... records. According to industry reviews, in 2024, the share of solar and wind generation in Europe for the first time surpassed electricity generation from coal and gas, indicating rapid progress in the development of renewable energy sources (RES). In the ...