September 2009, Vol. 4, No. 8
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An outstanding life and an equally remarkable careerBoris Stasyuk, the director of the famous Moscow-based Marco Polo Presnja Hotel, epitomizes people that are lucky enough to excel in professions that totally change their lives, whilst they, in turn, also positively influence not only those professions, but entire industries, thus becoming iconic trendsetters in their fields. TRCW, in line with its tradition of highlighting corporate and personal successes in Russia and abroad, profiles the outstanding life and career of this Russian hospitality industry titan on the eve of his 55th birthday... |
Individual approach is the foundation for successful hotel operationsMilan hotel has recently fully renovated its conference halls along with the installations of additional video and sound equipment and new soundproof partitions as it highlights its main competitive advantage – unparalleled quality of service – on the local hospitality services market... |
APEC summit transforming the hotel business in the Far EastThe official preparation programs for hosting the APEC Summit scheduled for 2012 in Vladivostok envisage an all-round improvement in social and urban infrastructure aimed at boosting the attractiveness of the entire Russian Far East region for tourists... |
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Five-star Lotte Hotel Moscow staffed and ready for operationsLotte Hotel Moscow, the five-star property affiliated with South Korea’s Lotte Group that is scheduled for opening in early 2010 completed the appointments of its top managerial staff this summer, thus signaling its readiness for opening... |
Moscow hotels top the list of the most expensive hotelsIn line with their dubious reputation, Moscow hotels have once again remained the world’s most expensive hospitality facilities, thus defying the current crisis and its other associated negative industry trends that have led to sharp drops in prices on other markets... |
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Moscow authorities prefer hotels in the center of the cityIn a desperate move to finally decongest the city’s downtown of vehicles and office high rises, the Moscow authorities are offering willing real-estate investors to swap their licenses for developing offices for contracts to build more hotels in the city’s Central Administrative District... |
A day in court for Arbat Prestige principal shareholder and CEOThe criminal case against Vladimir Nekrasov, the ex-owner and former CEO of Arbat & Co., which owns the Arbat Prestige network of perfumery shops in Russia, enters its final stages as the defender is soon due in court... |
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London High Court orders Chigirinsky to pay Rub3.24bln to VTBIt is retribution time, as financially distressed Russian oligarchs defaulting on their multibillion obligations are being forced by courts to honor creditors’ debt claims along with accrued interests and penalties for untimely repayments... |
Court arrests Mirax’s properties on Alfa Bank suit to prevent assets divestmentMirax Group’s mounting financial woes deteriorated further in August following a court arrest of its two Moscow-based core assets on Alfa Bank’s legal suit aimed at preventing the debtor from asset divestments... |
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Russia and Turkey deepen mutual cooperation on energy with new agreementsMoscow and Ankara finally tidied up the loose ends in their energy cooperation issues last month via penning joint agreements that will allow a new strategically vital Russian oil pipeline project planned for the region to go ahead... |
Russia pledges to continue to protect South Ossetia and Abkhazia’s sovereigntyRussia reiterates ‘humanitarian reasons’ for its swift intervention in the Georgia-led attacks on South Ossetia and its eventual recognition of the republic and Abkhazia’s independence from Tbilisi at the first anniversary of the new states’ long-awaited political sovereignty last month... |
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Russia and EBRD appraise past achievements, map out new plans for the futureWith its over $11bln investments into the strategic sectors of the Russian economy, EBRD President Thomas Mirow and Russian Prime Minister Vladimir Putin have outlined more ambitious plans that will enable the bank to retain its leading investment role in the country... |
Tatneft extracts the first barrels of Libyan oilRussian oil major Tatneft has made significantly progress in Libya as it drilled its first oil, totaling 400 barrels, from its A1-82/04 plot in the Gedames last month, making it the first Russian oil corporation to get a foothold in the North African Arab nation’s energy industry... |
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Tatneft launches the construction of a major oil-trunk pipeline projectTatneft has started the realization of its NPS Kaleykino-Nizhnekamsk Oil Refinery Co. oil trunk pipeline project, a vital part of the company’s major refineries and petrochemical plants complex in the city of Nizhnekamsk... |
RusHydo searches for aid to revamp its Sayano-Shushensk hydrostationFinancial aid is on the way for RusHydro, the owner of the devastated Sayano-Shushensk Hydropower Station, the Russian and world’s largest source of hydropower energy, as Sberbank and the Russian government pledge to help... |
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Kremlin calls for liquidation of terrorists without emotionsPresident Medvedev has called on the law-enforcement agencies to intensify their fight against terrorists in the country, giving them a full ‘carte-blanche’ to liquate all diehard extremists ‘without emotions and hesitations’... |
Federal Assembly to find haven near the Kremlin wallsIt seems a decision on the relocation of the Federal Assembly, State Duma and Federation Council, currently housed in several buildings throughout the Russian capital, is on the horizon as officials favor a site nearer to the Kremlin... |
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Russian nanoindustry under the premier’s patronagePrime Minister Putin says further development of nanoindustry is fundamental to the government’s plans of fully diversifying the economy and achievement of a competitive edge on the international markets for high-tech products and services... |
Russian Militia given order to abolish corruption among staff in 30 daysThe Russian Militia has been given a tall order, which is almost tantamount to “a mission impossible’ operation, as the Internal Affairs Minister demanded that the law-enforcement agency eradicate corruption among staff within a month... |
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No replenishments for Russia’s strategic funds in 2011-12The Russian strategic funds, the so-called Reserve Fund and National Welfare Fund, the pride of the Finance Ministry’s prudent fiscal policy in the years of abundance, are fast drying up due to the serious financial drought caused by the global crisis... |
Corporate ‘raiding’ to come under tougher special organ scrutinyCorporate raiding, a major thorn in the flesh of Russian businesses of late, has finally earned the attention of the nation’s top law-enforcement official, who has now mapped multi-pronged programs to rein in the evil practice in the country... |
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Mob mentality hamstringing West’s deeper cooperation with RussiaClassical clinical manifestations of the destructive variant of this phenomenon are evident in the West’s contemporary ties with Russia on key issues of strategic cooperation of bi- and multilateral relevance to both parties and the entire global community... |
The Russian equities market monthly roundupThe last week of August posted positive equity growth, thus ending the whole summer months trading in the ‘plus zone,’ a positive trend that signaled the possibility of a better autumn ahead, given the fact that most CEOs of the nation’s blue-chip corporations have returned from their summer vacations... |
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Best Courier has justified its name on the Russian express-delivery services marketIn his interview, Alexander Pechagin, sales director of Best Courier, talked about his company and its responses to current market and economic challenges... |
South African ambassador details his country’s plans and readiness for World Cup-2010South African Ambassador Bheki Langa presented his country’s plans and programs for the World Cup 2010, aimed at making the FIFA-organized global sporting competition debut in Africa an unforgettable experience... |
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A private view on the global crisis and the measures being taken to combat it in RussiaVladimir Pershin, the CEO of Trinity Charter Project, reviews the anticrisis measures adopted in Russia and abroad to fight the ongoing global economic recession and their individual and collective implications for the Russian and global markets... |
B.O.S. – the initials that define destiny and lifeA profile of Boris Stasyuk, the director of the Moscow-based Marco Polo Presnya Hotel, highlighting his outstanding life, spectacular career and remarkable achievements on the eve of his 55th birthday... |
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Avalanches of mega deals at MAKS-09 as companies defy global crisis on unparalleled shopping spreeRecord deals were signed at MAKS-09 as several public and private companies went on a spending spree that did not only defy the current crisis, but also raised the salon into the top elite multibillion dollar aviation exhibitions league... |
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