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Author: Olga Vasilyeva

Year: 2008 2009 2010 2011

Hotels & Restaurants Guide

Holiday Inn’s Lesnaya and Suschevsky hotels hire new sales and marketing director

The new sales and marketing executive has over 15 years of experience in the hospitality industry, where she had worked in different departments and capacities in local and international hotel brands...

Issue: Vol. 4, No. 11
Tags: IHG

Hotels & Restaurants Guide

Hilton Hotel once again declared the most recognizable brand in Russia

Calling Russia a key developing market for the chain, Simon Vincent, president of Hilton Worldwide in Europe, notes that such recognition is an incentive for the chain staffs, who always put in their best efforts to promote the brand’s reputation...

 

Hotels & Restaurants Guide

Domina Hotels Group to invest 200mln euros in hotels chain development in Russia

Calling Russia a comfortable country for business, Domina Hotels Group CEO Ernesto Preatoni announces additional plans to invest 200mln euros in the country’s hotel industry and related services sectors...

Hotels & Restaurants Guide

The AZIMUT Hotel Moscow project approved and its delivery and opening date set

AZIMUT Hotels Company CEO Alexander Gendelsman calls the development an important step as the new hotel will be his company’s debut in the Russian capital city...

 

Markets Reviews

A monthly roundup of the Russian equities market’s performance

The 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...

Russian Customs and BoNY reach out-of-court agreement on illegal money transfer case

Some 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 CIS

Under 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...

Wild Orchid’s fate to be decided at a bankruptcy case hearing in December

Commenting 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...

 

Hotels & Restaurants Guide

The number of modern quality hotels in Russia to increase by 250 assets in 2009

Federal Tourism Agency Director Anatoly Yarochkin has called the creation of a network of ‘modern top-quality roadside hospitality services’ essential in the development of the Russian hotel industry...

Hotels & Restaurants Guide

Ararat Park Hyatt Moscow hires a Food & Beverage director

Michel Wittwer, the new F&B director, has served in different positions in various hotels in several international locations, since graduating from Vieux Bois, the Geneva-based, Switzerland hotel management school, in 1997...

 

Hotels & Restaurants Guide

Heliopark Group’s subsidiaries under taxation and creditors’ pressure

The action of the tax agency is the last in a series of legal suits filed against Heliopark Group’s subsidiaries by creditors seeking the repayments of their granted loans...

Hotels & Restaurants Guide

Deadline for completion of the Pekin Hotel reconstruction extended to 2013

The extension of the deadline from 2009 to Dec. 31, 2013, according the Moscow City Government’s resolution, will be done without penalizing the project investor...

 

Hotels & Restaurants Guide

Moscow-based Golden Apple in the Top-10 of Europe’s best business hotels

The high place occupied by Golden Apple in the rating means the hotel has satisfied all the requipments of the journal, which specially noted the hotel’s high service quality, design and comfort...

Hotels & Restaurants Guide

Luxury boutique hotel to replace former MN editorial building

Although, the development is still in the approval stage, it is already clear that the intentions of the investors behind this project right in the hearts of the nation's capital, are more than serious...

 

Major Events of the Month

Kremlin calls for liquidation of terrorists without emotions

President 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’...

Major Events of the Month

Federal Assembly to find haven near the Kremlin walls

It 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...

 

Major Events of the Month

Russian nanoindustry under the premier’s patronage

Prime 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...

Major Events of the Month

Russian Militia given order to abolish corruption among staff in 30 days

The 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...

 

Major Events of the Month

No replenishments for Russia’s strategic funds in 2011-12

The 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...

Major Events of the Month

Corporate ‘raiding’ to come under tougher special organ scrutiny

Corporate 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...

 

Major Events of the Month

Key CIS leaders grace the Russian President's annual Cup Horserace event

The presidents of Azerbaijan, Armenia, Kazakhstan, Moldavia and Tajikistan as well as heads of South Ossetia and Abkhazia join Dmitry Medvedev at this year’s Russian President's Horserace Cup event...

Major Events of the Month

Russia is counting on U.S. real support in its WTO bid

First Deputy Prime Minister Igor Shuvalov says Russia is counting on the Obama administration to facilitate Russia’s entrance into the WTO via concrete steps, rather than just declarations...

 

Major Events of the Month

Commemoration of the centenary anniversary of the legendary diplomat ‘Mister No’

Colleagues and ‘fans’ of ex-Soviet Foreign Affairs Minister Andrei Gromyko, more popularly known in the Western diplomatic circles as “Mr. No,” commemorate the legendary diplomat’s centenary birthday...

Major Events of the Month

Russia will not sacrifice its economy for ecology

Arkady Dvorkovich, the adviser to the Russian president on economic issues, says the Kremlin is ready to join the global efforts to address the greenhouse gas issue, but not at the expense of its economy...

 

Major Events of the Month

Quality of spoken Russian getting worse nationwide

Culture Minister Alexander Avdeyev says the overall level of quality and proficiency of spoken Russian and the general literacy level among Russians have significantly deteriorated in recent years...

Major Events of the Month

Raising liability for violation of the free medical services law

Health Minister Tatyana Golikova outlines drastic measures against medical staffs’ rampant practices of soliciting for unauthorized fees for providing free medical services to patients in the country...

 

VTB helps diffuse highly volatile social and labor tensions in Pikalyovo

VTB President Andrei Kostin has honored the promise he made last month in Pikalyovo at a meeting chaired by Prime Minister Vladimir Putin by granting a R250mln loan to BasElCement factory in the city...

Sberbank CEO’s revelations at bank’s annual general meeting of shareholders

Sberbank CEO German Gref presents a comprehensive report on the bank’s current state of affairs, remunerations for management and employees as well as payments of dividends at AGM...

 

Hotels & Restaurants Guide

National becomes Starwood Hotels & Resorts’ Luxury Collection first property in Russia

The National Hotel has joined Starwood Hotels & Resorts Worldwide, Inc.’s Luxury Collection chain, thus becoming the first and only representative of the company’s internationally famed collection of luxury properties in Russia, according to company sources...

Hotels & Restaurants Guide

Renovated Moscow Hotel to open in 2010 under the Four Seasons brand

The ongoing reconstruction of the Moscow Hotel is slated for completion in 2010, when it is expected to receive its first guests under the Four Seasons Hotels brand...

 

Hotels & Restaurants Guide

Grand Hotel Europe nominated for the best Russian business hotel award

Grande Hotel Europe has been nominated for Russia’s best "Business Hotel" award, which is organized by influential British Business Destinations magazine on the basis of the opinions of global hospitality industry experts and ordinary readers of the journal...

Hotels & Restaurants Guide

Tour operators and hotels asked to formulate anti-crisis offers for clients

As a step to prevent the collapse of tourism business, the RUTI management has recommended Russian Black Sea resort operators and related services providers to formulate anticrisiss offers capable of attracting tourists to their facilities during summer vacations...

 

Major Events of the Month

Natural Resources minister tops the Russian Cabinet personal wealth list

Explaining Trutnev’s enormous wealth, the Natural Resources Ministry noted that parts of the declared income had come from the sale of the minister’s shares in the EKS group of companies, co-owned by the minister prior to his appointment to the influential government post...

Major Events of the Month

Russian pop primadonna Pugacheva celebrates birthday anniversary with pomp

Russia, other CIS nations and the Russian-speaking Diasporas in other countries took part in ceremonies to commemorate and congratulate Russia’s pop primadonna Alla Pugachyova, who celebrated her 60th birthday anniversary last month...

 

Major Events of the Month

Total damage from automobile traffic jams in Moscow equals R40bln a year

The Russian Traffic Control Directorate has computed the social and economic damage connected with the constant traffic jams in Moscow, calling the resultant nationwide loss figures, measured in 10-digits, astronomical...

Major Events of the Month

Russia’s Antitrust Agency to toughen liability for anticompetitive agreements

Igor Artemyev, director of the Federal Antimonopoly Service, has announced plans to revoke the current policy of freeing companies, which have confessed to illegal engagements in anticompetitive agreements, from administrative penalties...

 

Major Events of the Month

Stepashin sees no logic in supporting AvtoVAZ in crisis conditions

Sergei Stepashin, chairman of the Audit Chamber, has said supporting AvtoVAZ in times of crisis contradicts the officially adopted strategy for the development of the whole of the Russian economy...

Major Events of the Month

Ukraine-EU gas declaration contradicts Kiev’s gas agreements with Moscow

Commenting on the Declaration on the Modernization of Ukrainian Gas Network, signed recently by Kiev and Brussels, Russian Foreign Minister Sergei Lavrov noted the discordances between the new document and the existing gas agreements between Kiev and Moscow...

 

Indian Diaspora celebrates the Holi Mela festival with pomp in Moscow

The representatives of the Moscow-based Indian business community and the entire members of the larger India Diaspora in Russia celebrated this year’s Holi Mela festival in the Russian capital with pomp on March 15...

Major Events of the Month

President Medvedev heads ratings of most popular politicians

Russian President Dmitry Medvedev has been voted the most popular politician in Russia, beating not only his predecessor Prime Minister Vladimir Putin, but also a host of popular western politicians, including the new charismatic U.S. president, Barack Obama...