



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 December 19, 2008.
The guide is compiled by professionals with considerable knowledge and experience in the subject matter. ORDER YOUR COPY NOW!

In cooperation with Eurochambres

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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.

Starting from February 14, 2010, the requirement to get a compulsory certification of a certain number of goods will be removed and replaced by the "conformity declarartion" procedure.
According to the Russian technical regulation legislation, until all relevant technical regulations enter into force, the Russian government has a right to annually issue/specify a list of goods in relation to which a compulsory certification applies and a list of goods in relation to which a conformity declaration applies. This year the conformity declaration list was increased and a number of new goods were included into it, such as meat/meat products, perfume & cosmetics, kitchenware and tableware etc. This is one in the framework of the government's policy on "investment climate improvement" and reduction of the administrative barriers.
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AEB joins the European Assembly of the Crop-Protection Association (ECPA)
On November 25th, 2009, according to the decision of the General Assembly of the European Crop Protection Association, the AEB became its associate member. The ECPA acts as the ambassador of the crop protection industry in Europe and represents the industry's European regional network. Entry into the ECPA is a significant step, as it provides the AEB with an opportunity to build closer relations with European institutions; thereby, facilitating effective lobbying activities in Russia.

MBE COMMITTEE EVENT: Harmonization of the EU-Russia Standards in the Machine Building Round Table
March 17, 2010
AEB EURORECEPTION at the EU Residence Reception
March 18, 2010
FINANCE & INVESTMENTS COMMITTEE: Presentation of How to Invest in Russia 2010 AEB Open Meeting
March 22, 2010
MBE COMMITTEE EVENT: Profitable Growth after the Crisis AEB Open Meeting
March 25, 2010
RELOCATION SUBCOMMITTEE breakfast: Relocating to Russia. Practical Issues B2B Meeting
March 30, 2010
TAXATION COMMITTEE EVENT: Breakfast with Sergei Shatalov, Deputy Minister, RF Ministry of Finance Breakfast Meeting
March 31, 2010
AEB REGIONAL INVESTMENT FORUM: VORONEZH REGION April 12, 2010
AEB ANNUAL GENERAL MEETING AEB Open Meeting
April 22, 2010
HR COMMITTEE EVENT: HR Conference (Date tbc) Conference
May 18, 2010
MBE COMMITTEE EVENT: Access to the Russian machine Building Market: Possibilities & Constraints AEB Open Meeting
June 9, 2010
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Main news of March 12

A roundup of what has happened in the past 24 hours
India could offer new NPP construction site to Russia

India could provide Russia a third site for the construction of new nuclear power plants, Russia's nuclear chief said Friday
Russia to start developing its largest Udokan copper deposit in 2011

The development of the East Siberian Udokan copper deposit, one of the largest in the world, will start in 2011
Putin urges India to lift restrictions on joint Internet projects

Russian Prime Minister Vladimir Putin said on Friday India should lift restrictions on Russian companies implementing Internet and other high-tech projects in India
Russia intends to create $3-billion free economic zone in India

Russia may set up a free economic zone worth $3 billion in India intended to involve investors from third countries, the deputy chief of Russia's federal property agency said in an interview with the Russian government daily.
N.Y. mayor breaks ground on arena for Russian tycoon's NBA team

U.S. billionaire Michael Bloomberg, the mayor of New York City, has broken ground on a controversial sports arena half-funded by Russia's second richest man Mikhail Prokhorov.
Russia's Alrosa to sell $490 mln worth of diamonds to India

Russia's largest diamond miner Alrosa said on Thursday it planned to sign three-year contracts with three Indian companies on the delivery of uncut diamonds worth $490 million.
Moscow's most expensive apartment rents for $47,000 a month

Moscow's most expensive apartment for rent hit $47,000 in February, Penny Lane Realty said on Thursday.
Moscow Region ex-finance official charged with large-scale fraud

Russian investigators have brought embezzlement charges against a former Moscow Region deputy finance minister in a high-profile investigation involving several regional officials and a U.S. businesswoman
Gazprom's Italian partner proposes South Stream-Nabucco merger

Italy's Eni SpA, which is Gazprom's partner in the Kremlin-backed South Stream gas pipeline project, proposed uniting it with its Nabucco rival to boost overall revenues
India allocates $2.3 bln for Admiral Gorshkov aircraft carrier upgrade

The Indian government's security committee has approved the allocation of $2.3 billion to retrofit the Admiral Gorshkov aircraft carrier (INS Vikramaditya), the IANS news agency reported Thursday.
Putin to oversee $10 bln contracts in India

Around 15 documents worth over $10 billion are expected to be signed during the Russian prime minister's visit to India, a government spokesman said on Wednesday.
Moscow expects to complete WTO talks soon - Lavrov

Moscow expects talks on the simultaneous accession of Russia, Belarus and Kazakhstan to the World Trade Organization (WTO) to be concluded in the near future, Foreign Minister Sergei Lavrov said on Wednesday.
Putin takes charge of technology and innovation commission

Russian Prime Minister Vladimir Putin has taken charge of a government technology and innovation commission designed to boost the country's modernization, according to a resolution posted on the government's web site on Wednesday.
Gazprom Neft posts 35% US GAAP net profit plunge in 2009

Gazprom Neft, the oil producing arm of Russian energy giant Gazprom, said on Wednesday its U.S. GAAP net profit decreased 35% year-on-year in 2009 to $3.01 billion.
India, Russia could clinch deal on new nuclear power units in April

Russia and India are close to signing a contract on the construction of the third and fourth power units at the Kudankulam nuclear power plant, Indian atomic industry officials said Wednesday.
India seeks greater nuclear cooperation with Russia - official

Alternative gas threatens Gazprom's operations - paper

Gazprom's position as the world's largest natural gas supplier may be shattered as an ever larger number of companies are investing in alternative gas production, a Russian business paper reported on Wednesday.
Russian car sales fall by third year-on-year in January-February

Sales of new passenger cars in Russia in January-February 2010 decreased by 34% compared with the same period last year, according to the Association of European Businesses (AEB).
Main news of March 9

A roundup of what has happened in the past 24 hours

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RIA Novosti |
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