November 2009, Vol, 4 No. 10
The trendsetter on the Russian jewelry market
It is often a media's routine journalistic duty to profile key industry players. At times, however, this task is done with a personal passion when such personalities and their businesses’ impacts have become a new yardstick for measuring entrepreneurial successes and an invaluable case study on corporate social responsibility in their industries. It is with such passion that TRCW recently interviewed Rajesh Gandhi — the CEO of Choron Diamond, who in a span of a decade was able to transform his company into a key trendsetter on the nation’s jewelry market — for this edition... |
Multilinguism becoming a norm in private and business circles in RussiaMonolinguism gradually, but steadily gives way to bi- and multilinguism in daily private life and corporate activities, especially in large cities, thanks to globalization of businesses and mobility of people in search of greener pastures... |
Expert's view on Russian foreign language courses industryViktor Votinov, CEO of Sliding Language Center, comments on the Russian foreign language courses industry and existing teaching methods... |
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Expert's view on Russian foreign language courses industryMicael Timonen, a key account manager at EF Corporate Language Training, shares his views on the Russian foreign language courses industry... |
A monthly roundup of the Russian equities market’s performanceThe ongoing promising positive trend on the Russian stock market continued its upbeat dynamics in October as key market indices closed the month in the green zone... |
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Private companies ready to participate in Moscow hotels privatizationPrivate investors are warming up for the Moscow city government's plans to privatize a number of city’s high-profile hotels that will transfer their management into private hands... |
District administration’s rent claims could paralyze a mini-hotel’s operationsThe main problem for the tenant, however, is the fact that one of the buildings houses his Usadba Mini-Hotel could possibly lose its rent contract in the worst-case scenario... |
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World famous hotel sales and revenue optimization guru displays his skills in MoscowThe guru presented abundance of new knowledge and practical tools for boosting hotel revenues, while the audience received new skills and ‘upsell technologies’ that will help improve their job performances... |
Swissotel Krasnye Holmy receives Russia’s leading hotel award from WTACommenting on the honor at the ceremony, hotel General Manager Jan Chovanec noted it was the third time in a row that the hotel has received the highly esteemed title... |
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President Medvedev plans to make Russia a leader on the global nanotechnologies industrySpecifically, the Russian president noted that his government has already made a series of vital systematic decisions aimed at achieving the set objectives in the near future... |
Moscow and Brussels finalizing the New Partnership Agreement termsSergei Lavrov, the Russian foreign minister, says the process is evolving in a constructive manner, as the negotiators are now working on the concrete wording of the agreement... |
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Government outlines its privatization plans and programs for 2010-12Commenting on these decisions, Prime Minister Vladimir Putin noted that privatization is one of the key tools for executing structural reforms in the real economy... |
Taxes, demand slump and other negative factors strangling the SMEsExpert says that the SMEs have been plagued by a number of problems since the beginning of the year, with the most stringent being high tax rates and cutthroat competition... |
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Officially confirmed swine flu cases cross a critical thresholdGennady Onishchenko, the state’s chief sanitary medical officer, noted that seasonal outburst of the traditional flu has exacerbated the situation with the new infection... |
CEC chairman says there are no legal grounds for his resignationIn response to opposition parties discontented with the October 11 elections results, Vladimir Churov, chairman of the Central Election Commission, said there were no legal basis for his resignation... |
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Russian Customs and BoNY reach out-of-court agreement on illegal money transfer caseSome of the details of the landmark agreement include the bank’s readiness to pay $14mln to cover the customs’ court expenses and investment into the local economy... |
Russia’s Alfa Group and Norway’s Telenor Group agree to merge their assets in CISUnder the tentative agreement, Altimo, the Alfa Group’s subsidiary controlling the Russian holding’s telecom assets in the CIS, and Telenor are to create a new joint venture to run their assets... |
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Wild Orchid’s fate to be decided at a bankruptcy case hearing in DecemberCommenting on the suit, Wild Orchid’s press secretary noted that the plaintiff is one of the few companies that his firm had not been able to reach an agreement with on debt prolongation... |
Deceuninck Rus CEO bags best manager award and inclusion in president’s staff reserveThe honor, granted by the Russian Public Commission, is meant to show public recognition of the moral and business authority of Russia's best CEOs... |
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Kaspersky Lab CEO receives China’s highest honor for foreignersAccording to the official citation, Kaspersky was granted the Chinese highest award for foreigners for his outstanding contribution to the country's information security industry... |
Bank of Moscow unveils new products and new lending termsSpecifically, these changes include improved terms of consumer credits for urgent needs and car purchases, consumer credits, consumer credit collateralized with a vehicle, etc... |
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Advanced production technologies protect Russia’s ecologySuch a positive scenario, according to experts, is only possible on the condition that comprehensive eco-friendly measures are taken to protect the environment... |
Truly free and fair elections are essential for a functional democracyThe government ought to know that it is its direct responsibility to ensure that elective governance does not become a farce in Russia and a barefaced mockery of a true democracy... |
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SADC ambassadors sell the alliance’s business opportunities to Russian investorsSpecifically, the envoys call on Russian strategic investors to complement their government’s rising interest and influence in the SADC region, and indeed, on the African continent... |
Choron Diamond CEO highlights the right recipe for business success in RussiaRajesh Gandhi — the CEO of Choron Diamond, who started his business in Russia with a factory in Yakutia ten years ago that has now become one of the leaders of the nation’s jewelry market today — talked to TRCW about his long-term commitment to Russia and its jewelry industry... |
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Blogging diplomacy highlights the gaping cleft in Russian-Ukrainian relationsThe antipathy in the obviously strained bilateral relationships have been now become so personal that Russian leaders cannot even bear the presence of the Ukrainian president... |