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Companies, business connections and decision-making mechanisms. Bureau publications with sources and the grounds for their conclusions.

Geopolitical analysisAugust 21, 2026 · 28 min read

Street vote

Who is seeking a review of the decisions of the Ukrainian authorities and how, while the elections are not being held?

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Archive of corporate solutionsAugust 10, 2026 · 9 min read

Control without money: why 51% did not guarantee control over "Delo" Group of Companies

GK "Del" / "Rosatom"

In 2023, Sergey Shishkarev retained 51% of "Delo" Group of Companies. But after "Rosatom" was given half of the seats on key boards, control depended not only on the share, but also on the ability to finance the exit from the partnership.

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The Archive of Strategic RisksJuly 29, 2026 · 2 min read

What happens when the state buys the unknown?

Pegasus (NSO Group)

Pegasus is not just a case of digital surveillance. This is an example of what happens when a government acquires technology whose key properties it is unable to independently verify.

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Archive of corporate errorsJuly 13, 2026 · 2 min read

Why didn't the investors see what the analyst should have seen?

Theranos

The collapse of Theranos is known to everyone. Another question is much more important: was there enough open data to recommend increased caution to investors back then?

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