The Russian economy has endured more than a few tumultuous quarters and there appears to be no visible uptick in activity on the horizon. To make matters worse, the oil price is falling and international sanctions imposed in wake the Ukraine crisis continue to bite.
Ukraine's Energy Challenge
Forbes: Research suggests Russian oil and gas firms can cope with low oil prices
Russian Prime Minister Dmitry Medvedev (R) accompanied by Dmitry Pumpyansky, head of TMK, Russia's largest maker of steel pipes for the oil and gas industry, visit the Seversky Tube Works in the town of Polevskoy, outside Yekaterinburg, Urals.