Russia at one point seemed to be embracing the West, and the transformation that came as a natural result. After the unraveling of the Soviet Union in 1991, politics became democratic and the economy capitalist. The Cold War was relegated to history books and outdated spy movies.
It's a challenging time for German and Russian businesses, especially smaller and mid-sized companies. Some had recently localized production in Russia, making long-term commitments to the country. Large investment funds had been looking for prospects in the real estate market. Now some of these investors have put their plans on hold.
OAO Aeroflot, Russia's state-run flag carrier, said it's suspending low-cost unit Dobrolet's flights, as European Union sanctions over Ukraine affected its operations. European companies declined to continue providing services to Dobrolet, including leasing, servicing and insurance and navigational information after the sanctions, Aeroflot said in an e-mailed statement.
MOSCOW - The classroom filled with slender young men and women in their first week of training at the Aeroflot academy for flight attendants. The men were all square-jawed and broad-shouldered, and the women to the last of them traffic-stopping beauties. Finding attractive cabin crews has never posed much of a problem for Aeroflot.