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06 Apr 2006
The Body Shop: to Russia for a long time

The Body Shop company steps up its activities on the Russian market. The first shop of this British trading network was opened at the beginning of December 2005 in the retail-entertainment center «Mega Himki». / Source: ?rendator.Ru

30 Mar 2006
SUAL to Invest $6Bln Into Factories

SUAL plans to pump $1 billion into factory upgrades and up to $5 billion into construction of new facilities in a bid to almost double aluminum production by 2013, company vice president Dmitry Yudin said Wednesday at a metals conference. / Source: The Moscow Times

24 Mar 2006
REFE – the biggest Investment and Finances Fair in Central Europe

All the Europe get ready for the most important Central European fair event – 14th International Investment and Finances Fair REFE. With one and half a month to go there is already 258 exhibitors and 2500 accredited participators from 33 countries... / Source: REFE CEO

01 Mar 2006
Kraft Plans $100M St. Pete Coffee Plant

Food and beverages giant Kraft said Tuesday that it would invest $100 million to build a new plant near St. Petersburg in a bid to satisfy Russia's growing taste for instant coffee. / Source: The Moscow Times

28 Feb 2006
Health Center to Rise on Transvaal Site

Work is soon to begin on transforming the remains of the Transvaal water park, where 28 people died in a 2004 roof collapse, into a health and entertainment center, the owners of the building have announced.  / Source: The Moscow Times

21 Feb 2006
Acclaimed Architect to Transform Island

The controversial 30-year saga of the redevelopment of one of St. Petersburg's most mysterious sites -- New Holland Island -- finally came to a close last week... / Source: The Moscow Times

14 Feb 2006
Hotel Costs Leap for Corporate Travelers

Corporate travelers are paying more for hotel rooms in Moscow than in any other city on the planet, according to a study released last week by a major travel management company, Business Travel International.  / Source: The Moscow Times

08 Feb 2006
Uniastrum Bank Maps Out Expansion Plans

Uniastrum Bank said Tuesday that it was planning to open 40 new branches this year in a bid to increase its share of the country's growing retail banking sector.  / Source: The Moscow Times

07 Feb 2006
Stalin-Era Resort Seeks New Elite

Luxury hotel operator The Stein Group, which runs five-star deluxe hotels in exclusive resorts on the Amalfi Coast and the French Riviera, has decided to open its next property in a converted sanatorium near Sochi. / Source: The Moscow Times

06 Feb 2006
Tsereteli Faces Probe Over Miracles Park

Zurab Tsereteli, the controversial favorite sculptor of Mayor Yury Luzhkov, faces criminal investigation over a plot of land where he has long promised to build his own version of Disneyland. / Source: The Moscow Times

25 Jan 2006

The Rossiya Hotel's six-month stay of demolition has been overturned, and workers are moving in to tear down the 1960s behemoth -- ridding the Red Square neighborhood of its largest eyesore and causing yet more pain for the city's beleaguered budget travelers.  / Source: The Moscow Times

25 Jan 2006
Private Property to Make Debut in Moscow With City Hall Plan

City Hall last week announced plans to take its first cautious steps toward allowing the private ownership of land in the capital, but wider moves that could shake up the market still appear to be a long way off, analysts said. / Source: The Moscow Times

20 Jan 2006

Central & Eastern Europe’s most prestigious industry awards event, the CENTRAL & EASTERN EUROPEAN REAL ESTATE QUALITY AWARDS, is delighted to announce that Sándor Demján, founder and Chairman of TriGranit Development Corporation and one of Hungary’s most influential businessmen, will attend this year’s event to receive the CEE Lifetime Achievement Award.  / Source: Imagine Events

10 Jan 2006
Volkswagen to Assemble Skodas in Stupino

Europe's largest carmaker, Volkswagen, said Monday that it planned to begin assembling its Skoda model in Russia in a bid to boost its share of the country's booming car market. / Source: The Moscow Times

20 Dec 2005
6-Month Lease on Life for Rossiya

Anyone who has yet to stay in the Rossiya Hotel just got an extra six months to taste the delights of what was once the largest hotel in Europe. / Source: The Moscow Times

15 Dec 2005
Daimler St. Pete Plant on Hold

DaimlerChrysler has put its plan to make cars in Russia on hold, a potential blow to St. Petersburg, which had hoped to secure hundreds of jobs at a new assembly plant in the region. / Source: The ?oscow ?imes

13 Dec 2005
All Work, No Play? Not Moskva-City

Construction work began last week on the covered streets, shops and squares that should inject life into the mammoth Moskva-City business district.  / Source: The Moscow Times

13 Dec 2005
Historical Savoy Back in Business

The renovated Savoy Hotel opened its doors on Thursday after a $20 million facelift, providing one more option for visitors willing to spend about $600 per night on a standard hotel room. / Source: The Moscow Times

06 Dec 2005
Gridlock Taking Its Toll on City

Doubling the length of the Moscow metro, banning free parking in the center and moving offices beyond the city limits were among suggestions to solve the city's traffic crisis at a forum last week. / Source: The ?oscow ?imes

05 Dec 2005
Auchan Russia 2006 hypermarket opening plans

Auchan is to open six new hypermarkets in Russia before 2007, Retail.Ru source claims. Currently retailer operates seven outlets in Moscow region with one of them located within city borders. Two more stores will be launched in Moscow in April and October 2006. / Source: Retail.Ru


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