The Russian Foreign Ministry proposed increasing visa fees for Europeans up to $300, Sberbank filed a lawsuit against Euroclear bank for 665.6 million rubles at the Moscow Arbitration Court and other developments on October 3.

Sberbank lawsuit against Euroclear Bank, visa fees for Europeans up to $300: the main news on the morning of October 3

Russia

  • The Russian Foreign Ministry has proposed increasing visa fees for Europeans to $300. Visa-free entry will no longer be valid for several categories, RBC has learned.

Business

  • Sberbank filed a lawsuit with the Moscow Arbitration Court against Euroclear Bank for 665.6 million rubles. The essence of the claims is not disclosed.
  • The Avtodom group of companies has postponed its IPO on the Moscow Stock Exchange until 2025.
  • The manufacturer of processed cheeses “Druzhba” and “Yantar” has changed ownership. Billionaire Alexander Klyachin could formally sell the Karat plant in connection with the arrest of his other assets, writes Vedomosti.
  • Over the year in Russia, vacancies in the IT sector increased by 10%. Also in the region, the salary offer is growing faster than in others: during the year it increased by 7.9% in nominal terms, excluding inflation.

Services and technologies

  • Meta Platforms (recognized as extremists in Russia and included in the terrorist list) intends to introduce paid advertising blocking on Facebook and Instagram (both are banned). The cost will depend on the device: from 10.5 to 14 dollars per month.

Author:

Team RB

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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