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Today's paper. Last Updated: 02/08/2012
Articles by Alexander Teddy

Capital’s Hotels See An Increase in MICE

Not to be confused with pesky rodents, many hotels in Moscow welcome MICE — meetings, incentives, conventions and exhibitions — which make up large proportions of their revenue.

Russians Shy Away From Specialization

The specialist MBA, a concept that may seem a contradiction in terms, had a growing presence in Russia before the crisis. However, over the last year this academic commodity has all but disappeared from the country’s business education market, research has shown.

Rail Freight Privatization Dawdles as Reformers Tussle

A lull in reform has set in across Russia’s railroads as a whole, but it has been particularly conspicuous in the already partially liberalized freight sector that still makes up more than 70 percent of total revenue for Russian Railways.

Today’s HR

The human resources manager, the gatekeeper to employment in many firms, has long been seen as a “touchy-feely" role — “just a social club member,” the HR head at consumer electronics chain Eldorado said. But over the last two years, this reputation has been altered as HR directors “have become highly accountable for bottom-line results."

Former Beatle Set to Play Tribute Festival

The Pete Best Band, fronted by the former Beatles drummer, will headline a Beatles tribute festival at club B1 on Sunday.

The Faces Behind Moscow’s Facades

In a young real estate market like Russia’s, reputation is key. Following a turbulent year of asset seizures and poor financial results for some companies, it is likely to pay for investors to know just whose experience stands behind the major local development firms.

Burger King Extends Realm To Petersburg

Burger King, the world’s second biggest hamburger chain, is to open a new restaurant in St. Petersburg. The chain, which operates under an international franchise, will open the restaurant in the fourth quarter of 2010, a Jones Lang LaSalle news release announced Tuesday.

Sberbank May Now Own Nordstar Tower

Sberbank has acquired the Nordstar Tower, developed by a Don-Stroi subsidiary, as part of a debt restructuring deal in which Don-Stroi owes the bank 20 million rubles ($660 million), Vedomosti reported.

Glavstroi Subsidiary Files for Krost's Bankruptcy

Oleg Deripaska's Mosmontazhspetsstroi has filed a petition with the Moscow Abitration Court against Krost, a Moscow-based developer, for bankruptcy.

Mall of Russia Postponed till Fall

AFI Development, a prominent development firm in Russia, has delayed the opening of one of its flagship projects, Mall of Russia, from June until the fall.

MIAN Development declared bankrupt

MIAN Development, the development subsidiary of Kopernik Group, was declared bankrupt on Dec. 3, the web site of the Moscow Arbitration Court showed on Monday.


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