The Russian tax environment keeps evolving following the growth and development of the economy. Listed below are the main themes that I am seeing unfolding in the Russian tax environment and how they can impact your business. Andrey Shpak Tax Partner Goltsblat BLP...
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6 Developing Strategic Themes in the Russian Tax Environment and What You Should Do About Them in 2012
Draft Environmental Policy Gets Approval
... committee, including representatives of business, government officials and NGOs, based on priorities set by President Dmitry Medvedev in 2010. The text of the document has not yet been made public, although the government and the Natural Resources and Environment Ministry have promised to publish it online. "In general it's not a bad document," said Yekaterina Khmeleva, coordinator of WWF Russia's environmental law program, who contributed to the draft. It has several political and economic...
Investors Give Rallies Mixed Reviews
Climate was a recurring theme at a forum Thursday with government officials and investors discussing Moscow's severe frost and the impact next month's presidential election will have on the business environment. Climate was a recurring theme at a forum Thursday with government officials and investors discussing Moscow's severe frost and the impact next month's presidential election will have on the business environment. But while the extreme cold...
City Buying Eco-Buses and Cars
... protected areas," Sergei Pankov, executive director of Mitsubishi's Russian dealer ROLF Import, said in a statement. Moscow's air quality was among the worst of all of Russia's cities in 2010, according to a report released by the Natural Resources and Environment Ministry last week, although the report noted that a large contributing factor was smog from the forest fires that afflicted the city that summer. 179742
How Companies Can Best Survive a Volatile '12
... the business. But there has been far less attention paid to the current and potential impact of the crisis on customers, operations, supply chains and the back office. Below are 12 suggestions to help businesses manage a potentially volatile economic environment in 2012: Act to minimize risk and increase balance sheet resilience in the event of a large-scale default and euro-exit scenarios. This includes a wide range of treasury actions, reviewing financing and funding positions, assessing counterparty...
Mezentsev Wants Specific Timeline for Mill Closure
... Kontinentalinvest on Tuesday afternoon. Calls to Basic Element went unanswered. “Closing the mill is one of the options we are looking at, but the decision itself will be made at the Cabinet level,” said a spokeswoman for the Natural Resources and Environment Ministry, which with the Economic Development Ministry is compiling recommendations on the future of the mill for the prime minister. She declined to reveal the deadline for the report. 417712 179742
Insight to Be Gained From Antarctic Lake
... exploring other icy worlds. "Conditions in subglacial lakes in Antarctica are the closest we can get to those where scientists expect to find extraterrestrial life," Lukin said. Still, what makes Lake Vostok more important than other extreme environments is its incredible isolation. Drilling through the ice crust in the world's coldest place brought major technological challenges. The effort has drawn fears that the more than 60 tons of lubricants and antifreeze used in the drilling may...
Novozhilova, Zhanna
... history:</b></td><td><p><b>Deputy managing director </b><br>OPTIC-CLUB (optical trading company) <br>• Moscow sales department (7 persons) & regional subdivisions (7 units, sales team 21 persons) management; • Sales targeting, commercial environment research, SWAT analysis, key-role products management, effective application of promo-actions, progress control, business process optimization, HR-management; • Ensuring accurate reporting and forecasting, analysis of results, management...
Shuvalov: Russia at 'Boundary'
... that, for the quality of life in the country to increase, the government should work better, he said. Meanwhile, some government officials participating in the conference said fighting corruption is a major step toward improving the country's business environment, which is crucial for Russia's further economic growth. Lowering the level of corruption as well as improving the efficiency of the court systems are the "key challenges" Russia needs to face to attract investors and attain economic...
Surveys Add to Shelf
Geographic surveys conducted in 2011 in the Russian Arctic could add as much as 1.2 million square kilometers to Russia's continental shelf, according to the Natural Resources and Environment Ministry. The research could "facilitate Russia's right to develop rich hydrocarbon reserves" in the Arctic Ocean, the ministry said Wednesday, citing a report by Anatoly Ledovskikh, head of the subsoil resources agency. Exploration...
German, Vladimir
... Department, Prosecutor’s Office inspections, ISO QA System auditors. A mature and experienced HR advisor, auditor and trainer, a clear communicator with the ability to motivate and encourage, ensuring good teamwork and energetic and productive working environment, who offers: Professional audit of existing HR System; Strategic planning and organizational design; Overall leadership and expertise for the full scope of Human Resources functions; Dedicated to innovation;...
HIV Prevention Falls Short as Funding Ends
... advocating strategies the government disagrees with. For Katya, the potential closure of independent organizations would lead to grave consequences. "Their [NGOs'] funding must be continued, they do so much good," she said. An Unfavorable Environment In the wake of the Global Fund's exit, the Russian government assumed full responsibility for funding the prevention and treatment of HIV/AIDS and has pledged more money than ever accordingly. But local health experts say the promise of increased...
Far East Police Seize Contraband Fish
Police in the Khabarovsk region have seized nine tons of critically endangered sturgeon bound for markets across Russia. Police in the Khabarovsk region have seized nine tons of critically endangered sturgeon bound for markets across Russia. Suspicions were raised when the owner of a shipping container refused to show up when summoned to witness a search. When officers opened the crate, they found it "crammed top to bottom" with the fish, RIA-Novosti reported Monday. "According...
Scientists' Exploits at Lake Receive Kudos From Putin
Prime Minister Vladimir Putin on Friday praised scientists who reached a lake in Antarctica that was hidden under more than 3 kilometers of ice and may hold life from the distant past. Prime Minister Vladimir Putin on Friday praised scientists who reached a lake in Antarctica that was hidden under more than 3 kilometers of ice and may hold life from the distant past. On national television, the natural resources minister gave Putin a canister of water from melted...
Scientists Tap Ancient Lake
Russian scientists have breached an ice sheet that has sealed subglacial Lake Vostok in Antarctica for more than 20 million years at a depth of nearly 4,000 meters, reaching a critical stage in a decades-long drilling project. Russian scientists have breached an ice sheet that has sealed subglacial Lake Vostok in Antarctica for more than 20 million years at a depth of nearly 4,000 meters, reaching a critical stage in a decades-long drilling project, RIA-Novosti...
E.On to Do 2 More Kyoto Projects
E.On Russia has won approval for two further joint implementation projects under the Kyoto Protocol. E.On Russia has won approval for two further joint implementation projects under the Kyoto Protocol. The Economic Development Ministry gave the go-ahead for projects at the Surgutskaya power station in the Khanty-Mansiisk autonomous district and the Yaivinskaya station in the Moscow region in a Dec. 27 decree, but it only became public on Monday, Interfax reported. The company estimates...
Russia to Issue 100 Million Carbon Credits
... turned into ERUs that European companies can use to meet targets in the EU Emissions Trading System. The EU and environmentalists are worried that Russia could flood the market with credits, causing a collapse in carbon prices with no benefit for the environment. Gavrilov said a Russian decree from September 2011 restricts the issuance of AAUs to 300 million — 5 percent of the total surplus. "We are not interested in reducing prices," he said. Russia cannot issue billions of credits...
EBRD and Sovereign Fund Buy Bourse Stake
... It is making the investment alongside the European Bank for Reconstruction and Development, or EBRD, which will buy a 6.29 percent stake. RDIF was created six months ago to give foreign investors greater comfort in Russia’s uncertain business environment and will be capitalized with $2 billion a year in state cash over the next five years. It will invest on a risk-sharing basis in projects as long as its foreign partners at least match it, dollar for dollar. “This investment is an important...
Danish Bank Sees Reform as Inevitable
...." "In 2008 [during the last economic crisis] the politicians thought they had a toolbox, but now they only have a hammer," he said. Putin penned a 5,000-word article published in Vedomosti on Monday that criticized Russia's business environment and laid out his economic vision for the country. If even 10 percent of what Putin indicated as his aspirations for the economy was implemented, Jakobsen said, "There is an increased possibility that the ruble will become an investment...
Warehouse Logistics Management in Post-Crisis Period
... the accuracy of their work, which impacts the general satisfaction or dissatisfaction of the customer with the quality of the logistics operator service. And in this context the notion of "client orientation" not only means a comfortable environment for your partner but, above all, means an understanding of the business specificity of each client. And with an understanding of the reasons why in the defined time, the goods shall be formed in the exact way and delivered exactly to the specified...