02/22/2005
Paid access archivePress Review
A brief look at the stories making headlines in the Russian-language press
IKEA's Next Project Is $400M Giga Mall
Just two months after IKEA opened the country's largest mall, Mega Khimki, the Swedish furniture giant is planning to surpass its own record with the construction of a $400 million, 240,000-square-meter shopping center near Moscow.
St. Pete Seeks to Smooth Static Over Power Supply
Four new power substations will boost St. Petersburg's electricity infrastructure and solve the problem many potential investors currently face when buying city property, officials said.
Northern Capital Mulls Vote on Chinatown Development
St. Petersburg's Legislative Assembly is to examine holding a referendum on the construction and development of a Chinatown in the Krasnoselsky district, local media reported Thursday.
Hotel Firm Acquires First Link in Chain
Russian Hotels announced it would complete the acquisition of the 68-room Yakhont Hotel in Krasnoyarsk in March. It will become the first property of what later may become a countrywide chain of mid-range hotels, the company said.
Massive 'Bolshoi City' Gets Green Light
City Hall is about to begin an ambitious project that, according to experts' estimates, could cost as much as $100 billion -- construction of the so-called ""Bolshoi City,"" located on 800 hectares northwest of the Moskva-City development.
France Cuts Ministers' Housing Perks
The French government has acted swiftly to try to end a furor over a Cabinet minister's luxury apartment, signaling its determination to prevent political scandals as it struggles to push through economic reforms.
Bush Seeks Thaw While Talking Tough
U.S. President George W. Bush, on a trip to thaw relations with Europe, prodded Russia not turn its back on democratic advances.
- Portuguese Socialists Win Polls
- Writer Thompson Dead at 67
- Spain Ratifies EU Constitution
- The Split Consciousness of Separatism
- Kamchatka Harks Back to Sporting Glory
- Business Taps Forward in the Tax Twilight Zone
- If you could make one change in Russia's legal environment, what would it be?
- Bush's Tour May Tread on Common Ground
- Proliferation of the Bigwigs
- Business in Brief
- Gazprom in $1.7Bln Loan Deal
- Indians Arrive Seeking Landmark Energy Deals
- Mazeikiu Profit Soars Despite Yukos' Woes
- GDP Growth Slows as Inflation Picks Up
- IPOs Luring Western Bankers
- Power Machines 2004 Profits Up Fourfold
- News in Brief
- Ministry Tests Zvezda Television
- Putin Calls for Tougher Action in the Caucasus
- Ingushetia Opposes Jury Trials
- Yushchenko Tells Lavrov He Wants Pragmatic Ties
- Slovaks Choose Putin Over Bush
- Mystery Protesters Provoking Trouble
- Drive From Murmansk to Vladivostok in 13 Days
- Getting Back to Business in Bratislava
- Bush to Talk Security, Not Scold
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