Author: Olga Vasilyeva

Major Events of the Month

Presentation of post-crisis Russia and its economy to western business circles

Russia has survived the present global crisis with minimal losses, thanks to the government’s s anti-recession programs, Prime Minister Vladimir Putin said in Berlin...

Major Events of the Month

Kremlin’s regional elite regimes change policy encounters difficulties in Moscow

The first signal about the unpopularity of this policy among some leaders was noticed even earlier during the sacking of the Bashkortostan president...

Major Events of the Month

Kremlin fears the transformation of Russia’s political stability into stagnation

Russian president has called for boosting level of political competition to avoid a situation, where the opposition will never win and the ruling party never lose any elections...

Major Events of the Month

Russia loses one of its best statesmen with Chernomyrdin’s death

Long before his death Victor Chernomyrdin had already gone down in history as the savior of post-Soviet Russia for his radical reformation of the economy in the 1990s...

Major Events of the Month

Russia to become the first Eastern European country to host FIFA World Cup

Russia made history in December, when FIFA endorsed its bid to host the Football World Cup championship in 2018, thus becoming the first country to be awarded such global football honor in Eastern Europe...

Major Events of the Month

Formula-1 soon to come to Russia, though to Sochi, and not Moscow

Commenting on the agreement, Putin noted the location of F-1 in Sochi will give Russian auto athletes a modern platform for trainings and hosting other auto competition races...

Major Events of the Month

Consolidation of power is an absolute prerequisite for country’s modernization

Justifying the Kremlin's so-called rigid 'power vertical,' Kremlin Deputy Chief of Staff Vladislav Surkov said the country needs consolidated authority to achieve its declared economic modernization targets...

Major Events of the Month

NATO’s new concept will define Russia’s future relations with the alliance

Russian Foreign Minister Sergei Lavrov has said that Moscow’s future relations with NATO will depend on how the alliance’s new strategic concept corresponds, amongst others, to the norms of international law and UN’s Charter...

Major Events of the Month

Khloponin vows to eradicate clannishness in Caucasus government system

Alexander Khloponin, the presidential envoy in the North Caucasian Federal District, has promised to eliminate the clan system in the region’s politics...

Major Events of the Month

New Moscow mayor ‘swears on oath’ to boost city’s prosperity

Taking the Oath of Office, the new Moscow mayor promised to boost the city residents’ prosperity as well as tackling other negative issues that led to his predecessor's dismissal...

Major Events of the Month

Mikhalkov's manifest calls for the adoption of ‘enlightened conservatism’ in Russia

The famous film director has called the country's current social order an explosive mix of West-chasing liberal modernization, nepotism of local authorities and widespread corruption...

Interviews

Skif Consulting helps facilitate the inflow of investments into Russia

Expert's view Russian-French relations: CEO of Skif Consulting Dmitry Demidenko spoke about the growing bilateral ties between Russia and France in the business sector...

Interviews

Modern standardization system is a recipe for countries and companies’ competitiveness

Expert's view on Russian-French relations: AFNOR Rus CEO Leonid Dvorkin recently spoke to TRCW on the role played by goods and services standardization in a modern economy...

Major Events of the Month

Kremlin contemplating idea of transferring officials’ assets into trust management

President Medvedev has expressed readiness to look into the possibility of transferring state officials’ business assets, which they owned prior to joining civil service...

Major Events of the Month

Moscow close to concluding agreement on hosting F1 Race Championship by 2012

Moscow authorities hope to hold the Russian stage of the Formula-One Championship in the city in 2012...

Major Events of the Month

Voloshin appointed head of a Working Group to create a financial center in Russia

The group, whose activities will also be coordinated by First Deputy Premier Igor Shuvalov, is under the Presidential Council overseeing the development of financial markets in Russia...

Major Events of the Month

Shoigu voted the most popular and effective minister among Cabinet members

Interestingly, Shoigu has also ‘positively distinguished’ himself on another ministerial rating as the minister with the least income (2.7mln rubles) in 2009...

Major Events of the Month

Prime Minister Putin calls for a stringent budgetary discipline in the country

Putin says preservation of macroeconomic stability, formation of a prudent budget and full observance of strict budgetary discipline continue to remain the state's key priorities...

Major Events of the Month

The highly ambitious Russia’s Nord Stream gas pipeline reaches the German soil

The Nord Stream pipeline in July reached the European continent, having surfaced in the German town of Lubmin, a 'symbolic milestone' for the project's principal investors...

Moscow and Washington set deadline for completing Russia’s WTO negotiations

Stumping again for the WTO membership, President Medvedev expressed hope that the United States will fulfill its promises and help resolve the issue by the end of September...

Minsk and Moscow’s strategic relations untainted by the explosive gas pricing dispute

Belarus President Alexander Lukashenko has said the recent gas debts conflict between Minsk and Moscow will not lead to a breakdown in bilateral strategic ties...

Buying into elite Rublyovka: how much does 'the entrance ticket' really cost?

A Moscow-based realty has released a special market review with clear-cut guidelines on the actual prices for different categories of properties on the Moscow's most affluent suburb...

Politics

White House’s final endorsement of G20 dethrones G8 from the pedestal

The last nail on the coffin of the G8 was hammered by the current crisis, which has completely shown all its inadequacies as a ‘yesteryear organization’ that will be absolutely incapable of managing the global economy in the postcrisis era...

Negative crisis consequences still to be felt in the economy for at least one more year

The Russian economy will continue to suffer from the negative consequences of the global crisis for one more year, before it will make a turnaround for the better...

RSPP offers government different mechanisms for reforming the economy

Other items on the agenda included privatization of state assets and creation of a special advisory council at the government level to oversee comprehensive reformation of the pension, medical and social and welfare insurance systems...

A clinical diagnosis for Russian businesses’ woes on local and foreign markets

Surkov called on the titans of the Russian capitalism to learn how to make better-quality goods and unique services that can easily make their ways to any markets...

Major Events of the Month

Government activates measures to counteract rampant corruption in Russia

Speaking on the issue, President Medvedev noted that the plan will actively fight corruption, which has become a systemic problem that putrefies business environment and reduces the state’s capacities...

Major Events of the Month

Authorities give green light to immortalization of Gaidar’s memory in Russian history

One of the plans requires Moscow City Hall to place a memorial board on the building of the IET that was headed by Gaidar before his death and also name one of the public high schools after him...

Major Events of the Month

Putin declares the Custom Union a new geopolitical reality in the CIS region

Prime Minister Vladimir Putin says the formulation of the legal base will require compromises from all the Custom Union participants to make the project a reality...

Major Events of the Month

Gryzlov opts for a deadly political slogan against rivals for upcoming elections

The United Russia Party leader has attributed the reasons for using this ‘cannibalistic slogan’ to the necessity to counteract the rapidly growing attacks against his party...

Major Events of the Month

New NOC chief pledges to deliver a Canada’s style victory for Russia at the Sochi Olympics

Zhukov, who also currently doubles as a Russian deputy prime minister, was elected as the new NOC chief in May following the forced resignation of his predecessor, Leonid Tyagachyov, over the national teams’ worst ever performances at the Vancouver Olympics earlier this year...

Major Events of the Month

Moscow hopes for diplomatic ties improvement with London with the new government

The State Duma top diplomat says the change in UK government has given hope for the improvement of relations and condemned the excessive focus on mutual disagreements to the past...

Alitalia and Air One present new features of summer season 2010

According to the new schedule, which went into action on 28 March, Alitalia will fly to 82 destinations with 140 routes and approximately 2500 weekly frequencies...

Lebedev expands his media business in the United Kingdom

Negotiations on the deal lasted for months as the parties could not agree on the final sale conditions. Eventually, the Russian got the media for a symbolical one pound...

Daimler and EBRD acquires a 5% of Kamaz stake from Troika Dialog

The 5% stake was acquired by Daimler and EBRD from Troika Dialog for an undisclosed sum, thus reducing the investment bank’s stake in Kamaz from 44% to 39%...

VEB to help Sberbank to create national card payment system

Vladimir Dmitriev says that VEB, as a bank created for overcoming the infrastructural restrictions of growth in the Russian economy, will support Sberbank with the creation of a national cards payment system...

Hotels & Restaurants Guide

Amaks Hotels&Resorts debuts on the international hospitality services markets

The company plans to acquire new hotels in Belarus, where corresponding agreements had been signed with the administrations of those regions on participation in the privatization of the objects...

Hotels & Restaurants Guide

New hope for locating Grand Hyatt Hotel in the Federation Tower

Such optimism has rekindled the hope for locating the Grand Hyatt Hotel in the Federation Tower as it is its uppermost floors that are will house the five-star hotel...

Hotels & Restaurants Guide

The Moscow region’s best hotels honored with Moscow Region governor’s prizes

The winners of the competition, “The Best Companies in the Moscow Region’s Tourist Industry in 2009,” were named and awarded the regional governor’s prizes...