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Jobs & Careers (Fall 2008)

Everyone has an opinion about the 'chinovnik' - the Russian civil servant. But what do they say about themselves? For the fall edition of Jobs and Careers we spoke to two civil servants. They're young, hard-working and ambitious. And according to one of Russia's top captains of industry, they'd be far better advised to go into business. "There are young people who go to work in state service right after graduation," said billionaire Mikhail Prokhorov in a recent speech to students at his alma mater, the state Financial Academy. "I recommend that you only go into business. Only there will you find drive and real life." So why is it that so many young people, against his advice, are still trying to make a career in the civil service and what are the prospects? And is it something they'd recommend to other young people looking for a high-flying career?



Rambler's Top100

Market Matters: RTS Has Toughest Week Since '99
Trading on the dollar-denominated RTS exchange was suspended three times on Friday as anxiety deepened over whether the U.S. House of Representatives would pass a $700 billion financial sector bailout package and share prices on Russian and international markets plummeted.

Will PR specialists save the world? The financial crisis has added extra work to them.PR agencies are not left at a loose end either. Will this become a test for Russian PR specialists in the area of finance? How far has the Russian PR progressed at all?

Issue 3845
Published: 19 February 2008
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Business

Azeris Building Center to Honor Late Leader
By Lada Yevgrashina / Reuters Azerbaijan's ruling elite has grown rich from oil, and now it is to acquire the ultimate status symbol: a monument to the president's father designed by one of the world's most sought-after architects.
Developer Planning Aquarium at Park Pobedy
By John Wendle / Staff Writer Most businesses in Moscow have a fishy past, but this one has a fishy future.
St. Pete Site Counts on Neighbor
By Yekaterina Dranitsyna / Staff Writer A new housing complex expects to benefit from being near the Okhta tower.
Inchcape in Talks to Buy Car Dealer
Bloomberg Inchcape, the British-based chain of global car dealerships, said Monday it was in exclusive talks to acquire Musa Motors, a Moscow auto retailer.
Wheat Sales Ban Hits Neighbors
Combined Reports Russia, the world's third-biggest wheat exporter, will temporarily halt exports of the grain to neighboring Belarus and Kazakhstan.
TNK-BP Finds Help on Associated Gas
Bloomberg TNK-BP agreed to form a company with generator OGK-1 to burn natural gas pumped with crude and expand power supplies in western Siberia.
Iran Turns to Azeri Gas Amid Shortfall
Reuters Iran has begun importing 1 million cubic meters of gas per day from Azerbaijan, an Iranian news agency said Monday, in an apparent move to help compensate for shortages caused by a cut in Turkmen deliveries.
Rosneft Subsidiary Challenges Creation of TGK-11
Reuters An arm of Rosneft has filed a legal claim against power producer TGK-11, threatening to split the company, TGK-11 said in a statement Monday.
BasEl Picks Hong Kong for Metals Firm IPO
By Maria Kolesnikova, Yuriy Humber / Bloomberg Oleg Deripaska, the country's richest man, picked Hong Kong as the venue for his first initial public offering -- a planned share sale this year by copper and molybdenum producer SMR.
Deripaska Doubles Wealth to $40Bln
By Tai Adelaja / Staff Writer The Forbes list may be the Oscars for Russia's superrich, but Finans magazine is vying for the equivalent of the Golden Globes, with a roll call of 101 billionaires -- nearly twice as many as on Forbes Russia's 2007 list.
Exxon Calls for Sakhalin-1 Exports
Reuters ExxonMobil believes Russia should allow it to export gas from its Sakhalin-1 project because, contrary to Gazprom's claims, the gas is not needed for the local market.
RusAl-Norilsk Merger Could Be Approved
Bloomberg The Federal Anti-Monopoly Service ""isn't against"" a combination of United Company RusAl and Norilsk Nickel, the country's biggest metals producers, one of its officials said Monday.
Court Refuses to Grant Mogilevich Bail
Combined Reports A Moscow court refused to grant bail on Monday to suspected crime boss Semyon Mogilevich, charged with tax evasion and wanted by the United States on fraud, racketeering and money laundering charges.
MiG Denies Algeria Jets Deal in Trouble
By Max Delany / Staff Writer Jetmaker MiG denied on Monday that Algeria was set to send back a recently delivered consignment of 15 fighter jets because of technical misgivings over the aircraft.
Business in Brief
Storchak Detention UpheldBank of Moscow Profit RisesGroup Seeks State TV Stake$950M Nord Stream DealVTB Buyback DemandedGoldman, TPG Eye LentaMiller to Seek Kyrgyz FieldsFord Making New FocusFor the Record
Brown Fights Backlash Over Rock
By Sumeet Desai, Miyoung Kim / Reuters British Prime Minister Gordon Brown defended his reputation for sound economic management Monday in the face of mounting criticism over his decision to nationalize ailing bank Northern Rock.
Blu-Ray Emerging as Winner in DVD War
By Nathan Layne / Reuters An impending end to a format war over next-generation DVDs boosted shares in both victorious Sony, in the Blu-ray corner, and Toshiba, in the losing HD DVD camp, on Monday as consumers cheered an end to confusion over which discs will carry high-definition movies.
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Columnists

A Collapse, by Any Other Name ...
By Michele A. Berdy

Private Sector Under Attack
By Alexei Bayer

Uncommon Sense
By Georgy Bovt

Crisis -- What Crisis?
By Yulia Latynina

What Will Happen Next to the U.S. Dollar
By Martin Gilman

A Selective Definition of Democracy
By Alexei Pankin

Medvedev's New Doctrine
By Alexander Golts

Making Strategic Assets Accessible to Investors
By Vladimir Frolov

Prepare for a Bumpy Ride
By Boris Kagarlitsky

Why Russians Put Stalin at the Top of the List
By Yevgeny Kiselyov

Medvedev's Cure for the Far East
By Nikolai Petrov

Global Economy Rests On American Shoulders
By Konstantin Sonin

U.S. Should Recognize South Ossetia
By Richard Lourie

Russia's Animated Debate
By Mark H. Teeter

Georgia Sees Reminders Of the War Everywhere
By Matthew Collin

A Frightful Wake-Up Call
By Anders Aslund

Walking Carefully From Transdnestr to Yerevan
By Fyodor Lukyanov
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