energy supply

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A meter reader records electricity usage. Official image.

Daghestan

Daghestan detains 19 employees of major energy supply company

by Elizaveta Chukharova

•3 min read

According to state-run media, 19 employees of Dagenergo, a company supplying electric and thermal power to Daghestan, have been detained in the republic on suspicion of embezzlement. The state-run news agency TASS reported on Thursday that investigative measures were being carried out against the 19 employees, citing a source in Dagenergo. Dagenergo is a branch of Rosseti North Caucasus, the main energy supplier in the North Caucasus. RIA Novosti, another state-run agency reported, quot

A mandarin tree. For illustrative purposes. Via Wikimedia Commons.

Abkhazia

Economic crisis looms in Abkhazia amid electricity shortages, ban of mandarins

by Nate Ostiller

•4 min read

The fallout from Abkhazia’s political crisis, which led to the downfall of President Aslan Bzhaniya in late November, has since evolved into one that impacts the economy. Over the last week, Abkhazia was hit with twin economic setbacks stemming from Russia, its primary financial benefactor. On 6 December, Russia banned the import of mandarins from Abkhazia, one of its top exports. Following this, electricity shortages, exacerbated by the prevalence of illegal crypto mining and the loss