... long-term goals for the hub, in addition to seeking discounts on Russian gas. “The creation of the gas trading center is linked to increasing Turkey’s role as a 'transit' country for natural gas. In particular, Turkey ensures 60% of the transit of Russian gas to Europe.” By the end of the decade, Turkey may emerge as a natural gas producer for the European market. This relates to the development of the Sakarya field in the Turkish part of the Black Sea,” says Sergey Tereshkin, CEO of Open Oil Market. The reserves of Sakarya are estimated to be at least 540 billion cubic meters of gas. Current gas production at Sakarya does not ...

... (founded by a Belarusian entrepreneur and based in the USA) recently attracted an additional funding round of approximately $100 million, bringing its valuation to around $18 billion. Another noteworthy example is the Dubai project Xpanceo, founded by a Russian and a Ukrainian: it received approximately $250 million in a Series A round at a valuation of $1.3 billion for developing "smart" augmented reality contact lenses. These cases affirm that innovative projects with roots in CIS countries can compete at the leading edge of the global tech arena. While the scale of the venture market in the region is still ...

... emergence of startups, interest in primary placements resumed. Today, IPOs are practiced in many countries around the world — from developed economies to rapidly growing markets in Asia and Latin America. IPOs in Russia In Russia, the first attempts to create ... ... market was almost nonexistent, and after the collapse of the USSR in the 1990s, the revival of the stock market began. Some large Russian companies conducted IPOs on foreign exchanges (in the U.S. and Europe), attracting foreign capital. The first IPO in the ...

... Specialists at the center assist startups in preparing investment presentations, conducting negotiations with potential investors, and closing capital attraction deals. Examples of Successful Startups That Have Passed Through Skolkovo Motorica Motorica is a Russian company specializing in the production of bionic prosthetics for upper limbs. By becoming a Skolkovo resident, the startup gained access to infrastructure and grants, helping the company develop prototypes of high-tech prosthetics. Today, Motorica produces bionic prosthetics that can connect to the internet and be controlled via a mobile app, as well as export its products abroad. VisionLabs VisionLabs is a leading developer of solutions ...

... are announcing plans to gradually phase out coal from their energy mix, resulting in demand growing significantly slower than production. In Russia, coal still holds a significant share in electricity production and exports. The production levels of Russian companies remain near historic highs, with the coal sector actively reorienting toward Asian markets in light of sanctions. The government supports exporters by developing port infrastructure in the Far East and subsidizing railway transport to boost supplies to the Asia-Pacific region. In the future, despite coal's continued significant role, the industry will face modernization and increased environmental demands—considering ...