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HOME >>Business St Pete >>Print Version
Business Snippets
     The magazine “Finance” has published the 2007 ratings of Russian multi-millionaires which includes businessmen whose wealth exceeds 2.4 billion roubles. The total capital of this 100 rating’s participants is valued at USD 425.1 billion. The aggregate wealth of top 10 richest Russians in 2007 has increased by half and reached USD 145 billion...>>>
Readers Comments (0)

Russia’s Higher Education System to Become Western
     President Vladimir Putin signed a Federal law on a two-tier higher education system on October 25...>>>
Readers Comments (2)

Russians Begin to Like Russia Better
     A visa free regime between Russia and the EU is on the horizon and getting closer...>>>
Readers Comments (0)

Russian aircraft SukhoiRussian aircraft “Sukhoi”
     Russian aircraft manufacturer Sukhoi rolled out a new regional passenger jet that it hopes will revive the country’s civil aviation industry and rival similar models from Brazil and Canada: the SuperJet-100 regional aircraft...>>>
Readers Comments (2)

Svyaz-Bank“Svyaz-Bank”
By
 Nadezhda Sergeyeva
     Gennadiy Mesheryakov, the President and the Chairman of the Board of “Svyaz-Bank”, has recently presented his new book named “Post and Bank Services: History of development and contemporary outlook”. The book can claim to be unique, because no similar research has ever been published in Russia...>>>
Readers Comments (0)

Economic Forum
     On 8 - 10th June 2007 the 11th International Economic Forum was held in St. Petersburg in the premises of “Lenexpo” exhibition complex, with a new Conference Hall seating 2,500 people constructed for this year’s event...>>>
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Business Snippets
     Russia and 24 other European countries took a step towards a visa-free regime Friday by simplifying the process for businesspeople and by waiving fees altogether for some travelers. This is one of the components of the long-term goal of a visa-free regime between Russia and the EU...>>>
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Billions $ to spend in St. Petersburg
     Above Ground Metro, Bridge Under the Neva River, Orlovsky Tunnel, Moscow – St. Petersburg New Railway, Pulkovo Airport Renovation, Underground Shopping Center..>>>
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Business Snippets
     St. Petersburg JSC “Kirovsky Zavod” has launched the new investment programme of the development of its factories. The implementation of the programme is scheduled for the period of 5 years from 2007 till 2011 and will go on in three main directions...>>>
Readers Comments (0)

Meet St. Pete!Meet St. Pete!
     From the 25th of April until the 3rd of May 2007 Lithuanian cities Vilnius and Kaunas will host the traditional “Petersburg Meeting” event. The aim is to present St. Petersburg as a center of business, science, education and culture and to demonstrate the tourist’s attractiveness of the city...>>>
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Incubators for Small BusinessIncubators for Small Business
By
 Elisaveta Gordienko
     Small businesses make up one of the fastest growing sectors of the St. Petersburg economy. According to the State Committee on Statistics, St. Petersburg has 23 small businesses per 1000 citizens (compared to 21 in Moscow and 11 in Kalinigrad), a figure three times higher than the average index in Russia of 6...>>>
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Business Seminars and TrainingBusiness Seminars and Training
By
 Yulia Rusina
     The total market value of business education in St. Petersburg in monetary units is approximately 210 million roubles, and compared to the nineties, the amount of companies offering professional education has grown considerably. On the other hand, the most active educational companies only make up about 7% to 10% of the total professional education market...>>>
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Russian CurrencyRussian Currency
     The modern Russian ruble appeared in 1992, when the former USSR had been finally split into 15 independent countries. During a period of high inflation there were different issues of banknotes in 1992, 1993, 1994 and 1995. At the beginning of 1998 another monetary reform took place. The new ruble replaced the old at a rate of 1000 to 1. In 2001 modified banknotes were introduced, with improved security features. We now review the history of Russian currency system...>>>
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Business Snippets
In 2006 the Shell Oil Corporation invested 750 million dollars in different areas of research. Chris Finlayson, Chairman of the Russian branch of the company, told journalists that the same amount will be invested in 2007. This money is spent on the development of research centres in different countries and also on collaboration with universities....>>>
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Green Light for Russia to Join WTOGreen Light for Russia to Join WTO
By
 AFP release
     Russia and the United States have finally come to an agreement that paves the way for Russia to join the World Trade Organization, after twelve long years of negotiations. The US had been the last country of the 149 member body to give consent for Russia to join, citing intellectual property rights and restrictions on foreign financial services as particular areas of concern...>>>
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World of Experience for new GM at Renaissance
     Renaissance St. Petersburg Baltic Hotel has appointed Mr. Patrick Naughter as their new General Manager, and he brings experience from some of the world’s leading hotels to this St. Petersburg landmark. Hailing from Ireland, Patrick began his hotel management career in London. Since then, his skills have taken him to positions in locations as varied as Beijing and Budapest...>>>
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International Business for the Future?International Business for the Future?
By
 Dee Keys
     Future relationships, business or otherwise, between any two countries lie in the hands of the next generation. What better way is there to foster a sound base for international understanding, business relations and world peace than a student intercultural exchange?..>>>
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Business Snippets
     The Russian Central Bank has issued the first 5,000 rouble bank notes. They are among the largest-valued bank notes in the world (USA’s largest is USD100, EU’s largest is EUR500)...>>>
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Russian Stockmarket Boom - Primary Russian Stock ExchangesRussian Stockmarket Boom
By
 Irina Starobinskaya & Kahue
     The RTS Group (Stock Exchange, a non-profit group) encompasses two centralized stock markets – Classic and T+0 Market. The system of indicative quotation of securities is on the RTS Board, the FORTS (Futures & Options on RTS) commodity derivatives and bonds markets and the over-the-counter FX market RTS Money...>>>
Readers Comments (1)

Russian Stockmarket Boom
By
 Irina Starobinskaya & Kahue
     This article and the follow-up article in the next issue of Neva News are to help foreigners understand how they can invest and participate in the booming Russian share market. ..>>>
Readers Comments (0)

FROM THE ARCHIVES:
Russian aircraft “Sukhoi” 
(1st December 07)

Russians Begin to Like Russia Better 
(1st December 07)

Russia’s Higher Education System to Become Western 
(1st December 07)

Business Snippets 
(1st December 07)

“Svyaz-Bank” 
(1st August 07)

Economic Forum 
(1st August 07)

Business Snippets 
(1st August 07)

Billions $ to spend in St. Petersburg 
(1st August 07)

Business Snippets 
(1st April 07)

Meet St. Pete! 
(1st April 07)

Incubators for Small Business 
(1st April 07)

Business Seminars and Training 
(1st April 07)

World of Experience for new GM at Renaissance 
(15th December 06)

Green Light for Russia to Join WTO 
(15th December 06)

Business Snippets 
(15th December 06)

Russian Currency 
(15th December 06)

Business Snippets 
(1st October 06)

Russian Stockmarket Boom 
(1st October 06)

International Business for the Future? 
(1st October 06)

Russian Stockmarket Boom 
(8th July 06)

Foundation Stone Laying of the Nevskij Palace Hotel Extension 
(8th July 06)

Eclipsing Historical Beauty 
(8th July 06)

New Brands of Cars ‘Motoring’ into Russia 
(8th July 06)

Business Snippets 
(1st June 06)

Waterville - St.Petersburg’s First Aquapark 
(1st June 06)

10th International Economic Forum in St. Petersburg 
(1st June 06)

The G8 Summit in St. Petersburg! 
(1st June 06)

The Russian Gamble 
(1st April 06)

Business Snippets 
(1st April 06)

Socio - Economical Results of the
St. Petersburg Development in 2005
 

(1st April 06)

Future Of The Russian Army 
(1st April 06)

Great Extension On Nevsky 
(1st April 06)

Gas Conflict is Over 
(1st February 06)

Cabinet approves VAT cut to 13% 
(1st February 06)

The Federal Budget of the Russian Federation-2006 
(1st February 06)

Business Snippets 
(1st February 06)

Russia is planning to complete WTO talks within 2 months 
(1st February 06)

Standard & Poor`s raised Russian credit assessment 
(1st February 06)

The extraordinary dollar’s fall versus the ruble 
(1st February 06)

The Destiny of Russian Banks 
(1st February 06)

Vat debates continue 
(1st December 05)

Attainable objective? 
(1st December 05)

LUKoil Business Expanding 
(1st December 05)

Business highlights 
(1st December 05)

FROM RUSSIA WITH CASH 
(1st October 05)

WTO: Russian Ascension Draws Near 
(1st October 05)

LUNAR Vacations 
(1st October 05)

Business highlights 
(1st October 05)

Russian Budget 
(1st October 05)

Joint Jet Effort 
(1st October 05)



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General Director: Olga Molokova  Assistant Editor: Elisaveta Gordienko  Journalists/Reporters: Julia Shadursky,  Kahue,  Tatiana Solobaeva,  Dee Keys,  Elisaveta Gordienko,  Lina Markova,  Marina Vorobjova.
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