A somewhat frightening scenario would be if China were to help Russia, for example, by digitally paralyzing European cars, phone networks, etc. We can only hope that China does not embark on such a path.
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Data storage is so cheap that it might as well be collected whenever possible. Car cameras with their locators are at least an excellent tool for that. China is hardly the only one collecting data when similar equipment can be found in cars from all manufacturers.
Google also collects, with purpose-built equipment, but at least some of the data is open to everyone and visible to anyone. I wonder where the funding for that service comes from…
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Multinational Gunvor Group withdraws its bid for the international operations of Russian oil company Lukoil.
The news agency Reuters reports on the matter, to which Gunvor commented via email. The decision was also reported by Financial Times.
The value of the deal would have been approximately 22 billion dollars, or about 19 billion euros. This would have included the Finnish company Teboil, which Lukoil owns.
According to the media, the decision was influenced by the U.S. Treasury Department’s statement on Thursday. In October, the United States imposed sanctions against Lukoil and another Russian oil company, Rosneft.
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Needless fear. China has reserved that card for itself. Cars manufactured in China will simultaneously catch fire in a geographically limited area, if necessary. Otherwise, they just collect data.
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In addition to this Russian dream, I hope that Ukraine retains its independence, its land, and Russia loses everything. Furthermore, I hope that Russian trolls stay off this forum forever.
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I wonder why Olvi is such a special company, like the listed company Elecster, that it just can’t exit the market?
They seem to be the last Finnish companies where the company’s management explains why they are in Russia and why they are still making money in Russia, even though all other companies’ moral compasses said otherwise… and they left ages ago.
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Since you’ve repeated that same point several times in the thread, please give a concrete suggestion of what Olvi should do. The sale of a local company is prevented by local law, and attempts to sell result in a massive fine that benefits the local dictatorship. As happened last time.
Making money there is a bit hit-and-miss if you can’t get the cash out of the country. Also, no financing from the parent company goes into the business there.
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The same thing that other “pössiyhtiöt” (cannabis companies) did. That’s what the management team is paid for.
A little concrete action would be in order instead of shouting into the wind. As has been stated in this thread, the company cannot practically be sold. Should the management now earn their salary and just donate the factory to Putin for free? And along with it warm regards, saying that there is 30 million in cash, buy a missile with it if you want, which you can shoot at Ukraine? This would then somehow be an act serving Olvi or investors at this point.
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Dear Jaara1, who had to withdraw from Russia or Belarus starting in 2022? Kone, Huhtamäki, Nokian Tyres, Aspo…? Did they leave profitably? The list could go on.
And @JuhaR could ask if you are being logical regarding your ownership of Olvi, referring to how you have justifiably communicated in the Russia, Ukraine, and consumer and investor choices thread about, for example, Finnish Teboil entrepreneurs. Money from Olvi’s Belarusian business also goes to the potato dictator, just as it would have gone from Teboil entrepreneurs to the network of comrade dictators. Is Olvi okay and Teboil not? Forced or a company decision?
I understand that when your own money is involved, the perspective is different. But good heavens, do not claim that Olvi’s operations in Russia’s satellite state can withstand moral scrutiny on the grounds that it has to continue and be justified by necessity.
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Well, they did try to sell the subsidiary. The sales process was started, but local legislation changed mid-course, and the sale could not be completed.
So if you have good advice on how to sell that factory now, just throw your suggestions into the ring. Olvi would probably pay you a nice fee for such competent consulting. But if your suggestion is, “something needs to be done by some means,” then instead of consulting, I suggest a marker and cardboard protest in Iisalmi market square.
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That’s a strawman argument from you. The fact is that Olvi is still doing business in Russia, and a significant portion of Olvi’s turnover and operating profit comes from sales generated by the Belarusian factory to two dictators: Belarus and Russia. Can this fact be changed? Beer is consumed, tax revenues come in, and corruption/legal costs too.
From an investment perspective, it’s good to note that certain analysts do estimate Olvi’s value without its Belarusian operations. But Olvi’s owners… The whims of dictators are in the hands of the owners.
And this isn’t a straw man from you? Olvi doesn’t get money out of the Belarusian factory, meaning investors or the company don’t benefit from that business in any way. Since the factory cannot be sold now, the only alternative would be to give it to Belarus for free. And the factory would then continue to operate in exactly the same way, but the only difference is that Belarus would get the factory for free. Is it morally right to donate productive assets to dictatorships for free?
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Nokian Tyres (Nokian Renkaat) and Huhtamäki, for example, couldn’t sell their factories 
What about business operations, e.g., Fazer, Valio, Paulig?
This was found with about a minute of Googling. As a recommendation, it’s worth checking things before making up stories for the forum. It wasn’t a big effort to prove it wrong.
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They did sell them since the sales weren’t prohibited, and they received money from the sales. Huhtamäki sold for an enterprise value of €151M and Nokian Tyres (Nokian Renkaat) for an enterprise value of €400M. Note: they did not give them away for free.
(For example, the businesses of Fortum and several other companies were practically stolen, i.e., confiscated without compensation.)
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Q.E.D. What about Olvi in Belarus? It’s confusing that Olvi shareholders who support business in Russia and Belarus link to articles about withdrawn companies . Please provide a patriotic link, for example, where “Olvi completed a long withdrawal process.” As did, for example, (out of necessity and morals) Nokian Tyres.
It’s confusing that you first invent things that can be disproven with a minute of googling, and then you use those imaginary things to somehow criticize Olvi. Of course, you also gracefully sidestepped this question:
I therefore assume, since you’re avoiding the question, that you believe it is morally right to donate property to dictatorships for free. That tells me enough about a person’s moral compass and ideology. I won’t argue about this any further because it’s like banging my head against a wall.
And by the way, I don’t own Olvi shares, so I have no conflict of interest here, but I do have some reasoning ability.
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Dear @Housumies
Now that the Olvi discussion has been correctly and pertinently moved to this Russia etc. thread, I would first state that the thread is indeed correct.
In this thread, all business and consumption that is still being practiced in Russia after all the mass murder, or that we might unknowingly blindly encourage, has been condemned. And we know that Olvi does profitable business in Lukashenka’s Belarus.
As for myself, I’m out of ideas 
. I tried to point out the ownership conflict. I will only state now that, regarding Olvi, this thread is very fitting: beer is brewed in Belarus, and profitably so.
And I state that those profits do not benefit the owner. Dividend payments to the parent company have been restricted by repeated temporary laws, the sale of shares is prohibited under penalty, etc. Olvi’s past attempts to disengage from Belarus are enough for me. Now Olvi’s Belarusian company is a hostage of the dictatorship. If someone presents a reasonable way to get rid of the business there and Olvi does not implement it, I will revise my opinion of the company.
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