Long before Russia invaded Ukraine, its entrepreneurs and oligarchs have invaded corporate Europe According to the Italian report Inside the matrioska, almost 44,000 Russian individuals are beneficial owners of companies registered in the European Union, in the United Kingdom, and in Switzerland. The highest number can be observed in the Czech Republic, followed by the United Kingdom, Latvia, Germany, Bulgaria, and Cyprus. In terms of corporate value owned by Russian oligarchs, Cyprus is the #1 in Europe!