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Business & Legal Environment

Oct 11, 2005

Finnish Technopolis Stakes Its Claim to Investment Area

St. Petersburg authorities sealed past Friday an understanding memorandum with Finnish Technopolis, which specializes in constructing and maintaining technological parks.

Sep 21, 2005

Federal Agency for Special Economic Zone Management Interviewed

Russian Prime Minister Mikhail Fradkov signed the documents allowing the Ministry of Economic Development and Trade to declare a competition for the establishment of special economic zones.

Sep 16, 2005

Russian Economy Minister Urges Improvement of Investment Conditions

Russian Economy Minister German Gref said that at the present time there are too few investment projects in Russia that are really attractive and interesting for investors

Aug 09, 2005

Russian government to spend $500mn to support Russian exporters in 2006

On Monday, Aug 8, Russia's Deputy Prime Minister Alexander Zhukov said that next year the Russian government will delegate $500 million to support Russian exporters of industrial production.

Mar 24, 2005

Economic Development Minister Seeks to Restore Special Economic Zones

By placing a bill on special economic zones on the agenda of a recent session, the Russian government showed that the country was no longer prepared to play the role of a raw materials supplier to the world market, however profitable it may be.

Feb 04, 2005

What Will A Higher Investment Rating Bring Russia?

Standard & Poor's decision to award Russia an investment grade status with a stable outlook for its long-term foreign currency liabilities had long been expected.

Jan 18, 2005

Putin calls for tech economic zones

The land that used to live by five-year economic plans is preparing to launch another to promote high technology.

Jan 14, 2005

Putin Plans to Award High-Tech Tax Breaks

President Vladimir Putin has announced ambitious plans to develop the high-tech sector with tax incentives for investors in special economic zones, saying the country "must not miss this chance" to catch up with its competitors in international markets.

Sep 21, 2004

Officials Propose Tax Cuts for Big Investors

St. Petersburg's investment climate and living standards are improving and the city government is eager to cooperate with foreign investors, city government officials said Friday.

Sep 21, 2004

Alinga Consulting Group: Market Update #8

Avoiding fines and penalties in the course of tax inspections, news from the Audit market, new basis for prolonging an on-site tax inspection and other changes in the tax law.

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