Up to 30 feared dead as avalanche hits Italian hotel — mediaWorld January 19, 11:20
European Court of Human Rights decision on Yukos case contradicts Russia’s ConstitutionRussian Politics & Diplomacy January 19, 10:54
Russian citizen detained in Spain upon US request receives consular supportRussian Politics & Diplomacy January 19, 10:39
Moscow cannot recognize legitimacy of Washington’s actions regarding its property in USRussian Politics & Diplomacy January 19, 10:15
Russian Navy plans to modernize five big antisubmarine shipsMilitary & Defense January 19, 8:54
North Korea builds two road-mobile intercontinental ballistic missiles — YonhapWorld January 19, 8:50
US political advisor says Trump and Putin likely to start things off on different footingWorld January 19, 8:14
Russian military doctors back home from SyriaMilitary & Defense January 19, 7:52
Russia urges UN SC against using Iran nuclear deal in new formatsRussian Politics & Diplomacy January 19, 5:47
MOSCOW, January 20. /TASS/. The number of representative offices, affiliates and legal entities with participation of German capital in Russia reduced by almost 7% in 2015, an official with the Russian-German Foreign Trade Chamber said.
"The total number of the representative offices, affiliates and legal entities involving German citizens and companies on the territory of Russia amounted to 5,583 companies. In 2014, 6,000 companies with German capital were registered in Russia," the expert of the Russian-German Foreign trade chamber said.
The expert said the decline may be due to the new procedure of reregistration of representative offices and affiliates that came into effect in Russia on January 1, 2015.
"As a result of the innovations which caused the transfer of the registry of entities from of the State Registration Chamber to the tax authorities the representative offices and branches of foreign companies encountered serious procedural difficulties and faced ungrounded refusals in the process of reregistration during the year. However, the main reasons for reducing the number of representative offices and branches were deteriorating economic situation in Russia in 2014-2015, and a significant devaluation of the ruble, which lowered the purchasing power of Russian customers of German companies," the expert said.