April 2011, Vol. 6, No. 3
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The secrets of FM Logistic’s success story in Russia
It is often a media's standard routine duty to profile key industry players. At times, however, this is done with a personal passion when such personalities transcend their industries, whilst their companies’ impacts have become new yardsticks for measuring entrepreneurial successes and invaluable case studies on best corporate governance and social responsibility practices in the economy. It is with such special passion that TRCW recently interviewed Michele Cohonner — the FM Logistic general manager for Russia and one of the brains behind the logistics company’s sparkling success in the country — for this edition... |
The secrets behind FM Logistic’s sparkling success in RussiaMichele Cohonner, FM Lo gistic general manager for Russia, recently talked to TRCW about the logistics company’s sparkling success business operations in this country... |
Humanitarian interventions are not licenses for mass urban massacresThe West, since the Soviet demise, has been behaving as if it had obtained the ultimate license for ‘justifiable murders’ across the globe in the name of democracy... |
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Russian tycoons’ deep-rooted ‘investophobia’ harmful to businesses and innovationsThe imprisonment and forced exile some of the nation's most influential CEOs have only aggravated the complicated relations between the Russian authorities and businesses... |
Reset initiative author says the policy benefits Russia, U.S. and the worldCiting new data highlighting ‘the palpable thaw’ in the Russian-U.S. ties, Biden said the reduction in political tension has led to dramatic softening in bilateral relations... |
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Events on the African Continent are a reflection of ‘Big Game’ maneuversThe current events in North African Arab states that have changed political courses and even prompted a civil war are defining the continent's collective future destiny... |
Indian diaspora and Muscovites mark Holi Mela with traditional fanfareHoli Mela, considered one of the holiest traditional events in India since times immemorial, was held this year with its traditional pomp for the fifth time in Moscow... |
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Russia for the first time places ruble Eurobonds at the London ExchangeBy this step, Russia has opened a new page in the history of its ruble-denominated bond placements, thus meeting one of the major attributes as a global reserve currency... |
Russia’s postcrisis fishery industry backs to Soviet-era production levelAnother positive consequence from the growing activity in the industry was evident in Russia rising from the 9th to the 6th spot among the world’s top fishery countries... |
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Novatek and Total sign strategic cooperation memorandums in the energy sectorThe documents were signed by Novatek President Leonid Mihelson and Total President Christophe de Margerie at the presence of Russian Prime Minister Vladimir Putin... |
RCCI head pledges to improve investment climate worsened by the Yukos caseMost of this negative media hype, according to the new RCCI chief, is not based on acquaintance with the materials of the case, but on raw emotions... |
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JSFC Sistema board approves company’s transformation into investment fundAccording to the Sistema board of directors, these transformations were dictated by the need to switch from an operational holding model to an investment fund model... |
Growing volume of collected taxes reflects recovery trends in the economyAccording to the FTS' data, the gross volume of taxes totaled 7.7trln rubles, or 22% higher than 2009's level and just only 3% less than 2008's value, seen as a record... |
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Russia and Turkey boost their bilateral trade and economic relationsOne of the main topics on the agenda of the Second Russian-Turkish Cooperation Council was further development of bilateral trade and economic relations... |
Moscow and Amsterdam confirm mutual desire to further broaden bilateral tiesRussia and the Netherlands have once again reiterated their mutual interest in further strengthening of their bilateral strategic cooperation in the economic and other areas... |
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Serbia and Russia enrich strategic partnership with new joint projectsThe talks between Russian Premier Vladimir Putin and Serbian President Boris Tadic focused on Serbia's role in the 'South Stream' gas pipeline estimated millions of euros... |
Optimization of JFSC Sistema’s hotel business prompts sale of Pekin hotelThe sale, the management said, was carried out within the policy of optimization of assets in accordance with the company’s hotel business development strategy... |
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Hotel Hilton Moscow Leningradskaya receives Vasilyev’s Lily AwardAccording to Alexander Vasilyev, the famous fashion historian, who is the founder of the project, the Lilies will henceforth be awarded to institutions, which harmoniously combine history with modernity... |
Top executive management overhaul at Lotte Hotel puts a Lotte veteran at the helmsA change of management at Lotte Hotel Moscow has elevated Jason Cho, an executive of 20 years with the Lotte chain, to the post of general manager... |
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Kempinski taps its seasoned hospitality executive to head its Russia and CIS operationsThe management of the Kempinski Hotel Group has appointed Gerhard E. Mitrovits its new area director for Russia and other CIS countries... |
The origin of ‘packed bags syndrome behavior’ among Russian capitalism titansThis term aptly highlights the rising overt antagonism between the localauthorities and the leading titans of Russian capitalism... |
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Kremlin to create a $10bln fund to attract direct foreign investments to RussiaThe initiator of the idea was President Medvedev, who intends to transform Moscow into a modern global international financial center... |
Merger of two financial agencies to strengthen regulation on the Russian financial marketThis decision, according to Russian financial market regulators, is important for the financial system, from the point of setting up a global financial center in Moscow... |
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Lukashenko gives carte blanche to Sberbank to realize any projects in BelarusIn his turn, Sberbank CEO German Gref noted that he had executed all previous plans in Belarus, putting the sum of the bank's direct investments in the country at about $1bln... |
Ex-ÌÌÌ founder outlines plans for compensating ‘financial pyramid’ victims by yearendSergei Mavrodi, the founder of MMM, the most scandalous financial pyramids in Russia, has announced plans to compensate all his victims by yearend... |
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Russia needs to push its inflow of foreign investments to a pre-crisis levelThis is because Russia has become the leader in term of economic indices growth, exhibiting the best results not only among the BRIC, but also among developed countries... |
Russia’s leading investment bank Troika Dialog sells out to SberbankThe sale marks the end of Troika as an independent entity and the beginning of its new life under Sberbank, whose management has called the deal ‘a logical completion of its universality'... |
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