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LONDON - Investors eyes were focused on St. Petersburg on Monday when Governor Valentina Matviyenko opened a session of the Russian Economic Forum in London. And for the first time part of the forum, the biggest international investment forum focusing on Russia, was devoted to the Northern Capital. |
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While German and Russian businesspeople are waxing about the joys of doing business in Hanover, in St. Petersburg German communal servicing company Piter-Dussmann has run foul of the Federal Anti-Monopoly Service. |
All photos from issue.
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 The courts must decide if the privatization of part of an attic that the Mitki artists use was legal, says the St. Petersburg property committee, or KUGI. "If the privatization was illegal, nobody can force Mitki out of their studio," Alexei Chichkanov, first deputy KUGI chairman, said Monday at a news conference. |
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Chinese Attacked ST. PETERSBURG (SPT) - Two Chinese citizens were attacked in the St. Petersburg metro on Sunday night. The Chinese citizens, who were staying in St. |
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HANOVER, Germany - President Vladimir Putin arrived for a two-day visit in Germany on Sunday to open a trade fair in the home city of Chancellor Gerhard Schroeder, one of his closest European allies, who called for stronger business ties between the two countries. |
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MOSCOW - Russia's billionaires have largely managed to stay out of the limelight, leaving others to deal with popular resentment over their wealth. A poll published last week showed that most Russians still held the super-rich in low esteem, even though they often misdirected their bitterness at the wrong people. |
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 A Russian subsidiary of an Italian water-heater manufacturer launched its production facility in the Leningrad Oblast on Monday. The company aims to capture a major stake in Russia's growing market for medium range heaters, which has so far been dominated by cheaper domestic models and foreign imports. |
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Re-branding the city's image will be key to attracting foreign tourists and increasing St. Petersburg's tourism industry's profits to an annual $250 million, Boston Consulting Group said last week. |
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Looming rises in fuel prices could hike the costs of all goods and services in the country and cause an inflation blowout, oil industry leaders warn. "In the months ahead the price for fuel will rise from 10 percent to 20 percent," Oleg Ashikhmin, vice-president of Russian Oil Club, said last week at the International Fuel & Energy Forum in St. |
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All Can Buy Svyaz MOSCOW (Bloomberg) - Svyazinvest, Russia's national telephone monopoly, will be sold to the highest bidder with foreigners allowed to participate in the auction, Communications Minister Leonid Reiman said Monday. |
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MOSCOW - The country's two largest shipbuilders are joining forces, putting aside years of bitter rivalry in an effort to consolidate in a shrinking market. St. Petersburg-based Baltiisky Zavod, the maker of battleships for more than a century, will pass over defense contracts to crosstown rival Severnaya Verf and focus exclusively on building civilian vessels, the companies said Monday. |
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MOSCOW - Unfazed by natural disasters and acts of terrorism, the domestic tourism industry saw its third straight year of growth in 2004, as 16 percent more Russians ventured abroad for their vacations. |
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Why did Rustar Holding separate its business into the INFON and Agregator divisions? Almost all other content providers work with business and with retail customers under a unified label. We found that our business partners [media outlets, web sites, companies looking to run a promotion] saw INFON as a competitor in some ways. |
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Discussions within the St. Petersburg business community about investment incentives have often focused on the attractiveness of St. Petersburg in terms of the tax incentives that the city grants to investors. However, it should be understood that these tax incentives can only be considered one factor in many that investors must consider before they risk their money. |
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MOSCOW - When Frederick II decreed an independent judiciary in Prussia, he was promptly sued by a farmer over a land disagreement. Frederick lost the case and had to pay up. |
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Like many people, I went last week to hear Genrikh Padva, a famous attorney who is defending Mikhail Khodorkovsky, give his closing arguments, which went on for the better part of three days. Like a lot of people, I couldn't get in at first. The best-publicized trial of the decade is consigned to a courtroom big enough to accommodate perhaps a dozen visitors - about three times this number actually squeeze in. |
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It goes without saying that the economic dimension of the U.S.-Russian relationship has tremendous potential for mutual gain. What needs to be said is something more obvious: Russia's economic future depends upon Russia's own choices. |
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Governor Valentina Matviyenko's address to the Legislative Assembly at the end of last month did not only deal with what has been happening in St. Petersburg, but also reflected on her personality. The address was above all curious as a kind of political-psychological document, that contributed to the material form of Matviyenko as a reformer. |
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Let's face the facts. The game is over and we - the "reality-based community," the believers in genuine democracy and law, the heirs of Jefferson and Madison, Emerson and Thoreau, the toilers and dreamers, all those who seek to rise above the beast within and shape the brutal chaos of existence into something higher, richer and imbued with meaning - have lost. |
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Catch of the Day TIRANA (Reuters) - Albania's most wanted man fought off special police and eluded capture for years only to blow himself up while fishing with dynamite, police and newspapers said Friday.
St. Petersburg
 Temp: -2°C overcast Humidity: 93% Wind: S at 4 mph 08/04
-5 | 1 | 09/04
-4 | 0 | 10/04
-2 | 0 | 11/04
-1 | 0 |
Currency rate
| USD | | 31.6207 | | -0.0996 | | EUR | | 40.8413 | | 0.1378 |
Central Bank rates on 06.04.2013
MOST READ
It is a little known fact outside St. Petersburg that a whole army of cats has been protecting the unique exhibits at the State Hermitage Museum since the early 18th century. The cats’ chief enemies are the rodents that can do more harm to the museum’s holdings than even the most determined human vandal.Hermitage Cats Save the Day Ida-Viru County, or Ida-Virumaa, a northeastern and somewhat overlooked part of this small yet extremely diverse Baltic country, can be an exciting adventure, even if the northern spring is late to arrive. And it is closer to St. Petersburg than the nearest Finnish city of Lappeenranta (163 km vs. 207 km), thus making it an even closer gateway to the European Union.Exploring Northeastern Estonia A group of St. Petersburg politicians, led by Vitaly Milonov, the United Russia lawmaker at the St. Petersburg Legislative Assembly and the godfather of the infamous law against gay propaganda, has launched a crusade against a three-day exhibition by the British artist Adele Morse that is due to open at Geometria Cafe today.Artist’s Stuffed Fox Exercises Local Politicians It’s lonely at the top. For a business executive, the higher up the corporate ladder you climb and the more critical your decisions become, the less likely you are to receive honest feedback and support.Executive Coaching For a Successful Career Finns used to say that the best sight in Stockholm was the 6 p.m. boat leaving for Helsinki. By the same token, it could be said today that the best sight in Finland is the Allegro leaving Helsinki station every morning at 9 a.m., bound for St. Petersburg.Cross-Border Understanding and Partnerships Nine protesters were detained at a Strategy 31 demo for the right of assembly Sunday as a new local law imposing further restrictions on the rallies in St. Petersburg, signed by Governor Poltavchenko on March 19, came into force in the city.Demonstrators Flout New Law
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