How to Invest in Russia
The AEB's Finance & Investment Committee releases the latest edition of its annual investment guide "How to Invest in Russia" on March 22, 2010.
The guide is compiled by professionals with considerable knowledge and experience in the subject matter. ORDER YOUR COPY NOW!
The Association of European Businesses represents and promotes the interests of European companies conducting business in and with the Russian Federation.
The AEB carries out activities to improve the Russian business and trade environment and to promote economic integration and partnership between the Russian Federation and the European Union.
AEB HOLDS A MEETING WITH THE FEDERAL MIGRATION SERVICE
On July 22, 2010, the AEB member-companies’ representatives had a meeting with Mr. K.Romodanovsky, the Director of the Federal migration service (FMS); Ms. E. Egorova, the Deputy Director of the FMS and Mr. O. Artamonov, the Head of the Department for International and Public Affairs of the FMS. The meeting was devoted to the recently adopted law on attraction of highly-qualified foreign workers.
Dr. Frank Schauff, AEB CEO takes part in the First International Forum “Engineering Technologies – 2010"
Dr. Frank Schauff, Chief Executive Officer of the Association of European Businesses, on invitation, took part in the First International Forum “Engineering Technologies – 2010”. The Forum begun on the 30th of June, 2010 and will last up until the 4th of July, 2010. Dr. Schauff was invited as a representative of the European business in Russia.
At the opening ceremony, during the plenary session that was graced by Prime Minister Putin, Dr. Schauff gave a presentation. Present where over a thousand representatives of various businesses and both Russian and foreign government authorities. In his speech, Dr. Schauff pointed out important factors that are paramount to the development of the Russian economy, including the machine building sector.
Also, we are happy that representatives of several AEB member companies - Peter Loescher, President and CEO of Siemens AG and Christian Esteve, Senior Vice-President of Renault, CEO of Renault Russia, were likewise, asked to take part in the plenary session, which Prime Minister Putin took part in.
Aside from that, Dr. Schauff took part in the Round Table titled, “Ecologization of engineering. Efficient use of water resources in machine-building manufacture”, where he indicated potential platforms for partnership between European and Russian companies in the area of water treatment and purification.
The Association of European Businesses is pleased to present its Position Paper on Partnership for Modernisation and Private Sector in English and Russian.
The Kazakh government is moving to toughen regulation of the banking sector, in particular to limit the influence of shareholders on banks, the financial watchdog said on Thursday.
Russia's gas giant Gazprom hopes that Ukraine will continue meeting its obligations under existing gas agreements with Russia, Gazprom Deputy Chairman Andrei Kruglov said on Thursday.
Russian IT specialists no longer want to work in Europe and the United States, as they now have good prospects at home, a leading recruitment figure told RIA Novosti.
There is no threat of food shortages in the wake of Russia's devastating drought, and all price hikes are caused by speculators, President Dmitry Medvedev said on Thursday.
U.S. firm Willis Lease Finance Corporation has signed a memorandum of understanding with SuperJet International to buy six Sukhoi Superjet 100 passenger planes for $300 million.
First quarter net profit at Sakhalin Energy, a Sakhalin-2 project operator, amounted to 18.9 billion rubles ($630 million) to IFRS after a loss of 6.1 billion rubles in the same period last year.
Kazakhstan's Industry and New Technologies Ministry hopes that a conflict stemming from Russia's Polyus purchase of a stake in KazakhGold will end in September, Deputy Minister Albert Rau said on Thursday.
Russia's ZIL Automobile Plant is to join forces with German luxury car manufacturer Porsche to design a platform for the assembly of several new vehicles, Vedomosti newspaper said on Thursday.
Evraz group, one of Russia's largest steelmakers, made a first half net loss to IFRS of $270 million, down by 73 percent year-on-year, the company said on Thursday.
Kazakhstan has approved Canada's Uranium One's sale of a controlling stake to Russian state-owned miner Atomredmetzoloto (ARMZ), the deputy head of the Kazakh Ministry of Industry and New Technologies said on Thursday.
Subsidies for railway grain transportation should be given to farmers, not to transport operators, Russian Railways (RZhD) President Vladimir Yakunin said on Thursday.
A criminal case has been initiated in Russia against the South Korean company LG Electronics on charges of using illegal software, a leading Russian business daily said on Thursday.
First half net profits at Russia's dairy giant Wimm-Bill-Dann rose by 7.1 percent year-on-year to $69.5 million to US GAAP, the company said on Thursday.
Shares in AvtoVAZ, Russia's biggest car producer, jumped over 20 percent on Wednesday after Prime Minister Vladimir Putin promised to raise import duties on foreign cars, analysts said.
