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Author: Irina Kozlova

Major Events of the Month

Russian President Dmitry Medvedev turns 45

However, there were no major public actions planned for the day, as the president preferred to spend mark the occasion in a family circle in Sochi...

Economy

The Seoul G20 summit outcomes and implications for the global economy

Prior to the November summit, most observers had viewed the last G20 summit in 2010, tagged “Shared growth beyond crisis,” as a ‘crucial vitality test’ for global leaders...

 

Interviews

Nigeria offers fast-growing market potential and opportunities for investors

UC RUSAL First Deputy CEO Vladislav Soloviev talked about the ‘metals giant’s business in Nigeria, the prevailing investment climate and business opportunities in the country...

Society

Immortalization of reformation epoch in modern Russian history

Ex-friends and colleagues have called the installation of the monument ‘one more proof of public recognition’ of Gaidar’s meritorious services to Russia...

 

Major Events of the Month

New START ratification antagonists are harming U.S. security interests

The senator noted that the distinction in positions between the Democrats and Republicans on ratification reflects their internal political opposition...

Major Events of the Month

State Duma’s LDPR legislators offer to put a special mark on convicted bribe takers

Igor Lebedev, the head of the LDPR faction in the State Duma, and other party members, have proposed putting ‘a special indelible label’ in a form of letter ‘K,’ from the Russian word for corruption, on the back of bribe takers’ palms...

 

Hotels & Restaurants Guide

Top in-house-bred executive takes over helm at The Ritz-Carlton, Moscow

Sandeep Walia, The Ritz-Carlton, Moscow former deputy general manager in charge of operations, has taken over the management of the elite hospitality property...

Hotels & Restaurants Guide

Korston Group’s debt becomes a sale & purchase object between Alfa-Bank and MDM

The crux of the issue is that the group’s Korston Hotel and Mall Moscow was used to collateralize the $36.7bln loan, which was due for repayment this spring...

 

Hotels & Restaurants Guide

Ismailov's turkish Mardan Palace recognized as the country’s most successful hotel

This elegant, royal-styled hotel, which reportedly cost the billionaire $1.5bln, was commissioned in 2009 in a ceremony that featured global show business superstars...

Hotels & Restaurants Guide

Renaissance Monarch Center Hotel fills top job positions with hospitality gurus

One of these is Anthony Fardon, appointed as the general manager, who brings his 12-year experience in Russia, including as GMs of Marriott Royal Aurora and Marriott Tverskaya, to the new property...

 

Business & Finance

Foreign businesses ally with the Kremlin in its war against corruption in Russia

Commenting on the initiative's importance for businesses, the RGFTC chairman noted that the measure is not just a symbolic act, but a real intent to combat corruption in Russia...

Hotels & Restaurants Guide

Astrus Hotel’s thematic retro party takes guests to Soviet era

Before the concert kicked off, Tatiana Gladkov, the hotel’s sales manager, briefly highlighted the innovations underway in the hotel and its plans for the near future...

 

Hotels & Restaurants Guide

Government to set new hospitality rules on hotels’ services for the Sochi Olympics

Specifically, the bill states that only hotels that have undergone the new classification procedures according to the new law can offer hospitality services in the city from July 1, 2011 to Dec. 31, 2016...

Hotels & Restaurants Guide

The renovated legendary Ukraina Hotel opens under the Radisson Royal Hotel brand

The new owners have preserved the exteriors, whilst completely refurbishing the interiors of the hotel building, which is one of the famous ‘seven Stalin skyscrapers in Moscow...

 

Hotels & Restaurants Guide

The first Hilton Hotel branded hotel sets to debut in the Ulyanovsk Region

Tatiana Fadeyeva, the manager for communications at Ulyanovsk Regional Development Corp., says all the official documents necessary to launch the construction of the Hilton Garden Inn Hotel are now ready...

Interviews

Confectionary giant set to further boost its position in Russia

Arturo Maria Cardelus, the CEO of Ferrero Russia, highlights company’s operations and ambitious plans for boosting its presence in Russia and the role of multinationals in improving people's lives...

 

Kremlin continues its policy of deepening ties with Latin American countries

Russian President Dmitry Medvedev and his Guatemalan counterpart discussed ways for the further deepening of relations not only between Moscow and Guatemala City, but also with the rest of Latin American countries...

Russia and Jordan to further strengthen their highly productive bilateral cooperation

In his reply speech, the Jordanian monarch expressed hope that his March meeting with the Russian leadership will further strengthen the relations between the two countries...

 

Russia sees Croatia as a vital and reliable partner in the Balkans and Europe

Russian Prime Minister Vladimir Putin said Moscow highly appreciates the aspiration of Croatia to strengthen its multidimensional cooperation with Russia...

UralSib, Mastercard and Aeroflot launch travelers bank credit cards

Explaining the essence of the program, UralSib Bank Deputy CEO Ilya Filatov noted that such cards will enable holders to receive 1,000 ‘salutatory bonus miles’...

 

Higher court upholds lower court rulings on Techneftinvest’s payment of $33mln to VTB

In other words, the higher arbitration court rejected the plaintiff’s appeal, petitioning it to void the decisions of the lower courts to pay the contested sum...

Telenor will not receive indemnifications from Farimex court actions

The Norway-based Telenor’s legal problems in Russia began after a local firm, Farimex, accused it of blocking the purchase of Ukrainian Radiosystems by VimpelCom...

 

Date set to hear Goldman Sachs legal suit to collect 3bln rubles from its debtors

According to the court materials, the Russian subsidiary of the U.S. investment giant filed the suit following its debtors’ failure to honor their bond obligations...