According to Rainer Seele, he has been in contact with Russian companies – investment houses and financial departments, that know exactly who and where pays taxes. These services reported that at the end of 2014 six thousand German companies are operating in Russia.
Earlier Friday Seele confirmed Wintershall’s intention to invest a planned 500 million euro in to the Russian market and perform agreements with Russia’s Gazprom over cooperation in Siberian projects, despite market conditions.
Economic relations between Russia and Europe have deteriorated amid the situation in Ukraine. Following Crimea's reunification with Russia, the European Union introduced several rounds of sanctions against Russia, blaming Moscow for interfering in Ukraine's internal affairs. In response, Russia imposed a one-year ban in August on certain food imports from European Union member states and several other countries. Germany was among the countries worst hit by the sanctions, as it accounts for some 35 percent of total EU exports to Russia.
