Effects of sanctions on Russian Federation: analysis of effects on Russian companies

Abstract

My thesis analysis studies the effects of sanctions on the Russian Federation and Russian companies which represent energy and banking sectors of the economy: Rosneft, Gazpromneft, Transneft, Sberbank, Gazprombank, VTB group. After the invasion and annexation of Crimea by the Russian Federation, most western countries reacted immediately, expressed condemnation of Russia's activity in Ukraine. Therefore, the main task of thesis is to analyze implications of sanctions against the Russian Federation onto financial position of the Russian companies resulting the year 2014. Each company will be analyzed individually before and after sanctions in order to observe the scale of sanctions on them and their countermeasures. I will include all major factors, which are affecting onto the Russian Federation's decision. Finally, the main aim of my thesis is to prove and try to show the importance and relevance of my hypothesis, which is mentioned below.