The latest special issue of the academic journal “Wirtschaft und Management” is dedicated to the EUCON project. It is entitled “The EU, the EEU, and the War in Ukraine: Political Risks and Management Options”. In the first contribution, Hannes Meissner and Johannes Leitner (UAS BFI Vienna) zero in on the dramatic geopolitical changes currently taking place against the backdrop of the Russian attack on Ukraine. They analyse the possible effects on enterprises and provide an outlook on new risk management strategies in ligh of Russia’s strong influence on post-Soviet countries. The second paper, by Florence Ertel and Julian Plottka (University of Passau), deals with the economic and political situation in Kazakhstan. The authors assess the political risks resulting from recent developments, evaluate the impact of the latter on traditional Kazakh “multi-vector foreign policy” and analyse the course of current Kazakh foreign and economic policies. The following contribution by Oxana Karnaukhova (University of Passau) addresses the role of Central Asian countries within a changing geopolitical context, arguing that on emerging markets economic sovereignty is a key driver of regional development, a factor that must not be underestimated. The paper by David Morris (Corvinus University) focuses on new technologies as a key battleground for the power contest between the United States and China. Based on the Huawei business case, the author raises questions about identifying, assessing and managing cyber risks and points out the challenges these issues represent for the national security of a state. In the fifth paper, Albert Hayrapetyan and Susanna Aghajanyan (Armenian State University of Economics) provide an insightful analysis of the short- and long-term effects of Russia‘s invasion of Ukraine on Armenia‘s economy, highlighting also the impact of Armenia‘s policy of positioning itself as a tax haven for Russian companies. The edited volume is available at this link.