Tag: The Ownership Monitor

According to an Italian report, almost 44,000 Russian individuals are beneficial owners of companies registered in the European Union, in the United Kingdom, and in Switzerland. The highest number can be observed in the Czech Republic, followed by the United Kingdom, Latvia, Germany, Bulgaria, and Cyprus. More than 10,000 Russians own firms registered in the area of Prague, and more than 3,000 in the province of Riga, Latvia’s capital. In terms of corporate value owned by Russian oligarchs, Cyprus is the #1 in Europe!