Novak to take charge of economic development, investment policy and countersanctions in addition to energy interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.
As the Russian economy remains affected by Western sanctions, with no lifting of them in sight, the local IT venture segment took a major hit in 2023, almost halving in comparison to the previous.
In recent weeks, global businesses have rushed to cease operations in Russia. But for venture firms that have accepted funds from Russian investors, cutting ties is a thornier imperative.