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28.03.2010, 12:26 4 comments

First step in Russian time zone reform comes into force

While Russia has changed its time to summer, five of its regions have “moved” closer to the capital in time. Now the country has 9 time zones instead of 11.

RIA Novosti / Mikhail Fomichev, STF 29.07.2010, 10:48 4 comments

Kaluga Region: source of Russian VW

Just 200 kilometers from Moscow is the Kaluga Region, the center of Russian science and industry. The country's largest scientific research complex develops hi-tech advances in engineering and electronics.

21.01.2010, 11:05

Special economic zones key for economic modernization

Russian President Dmitry Medvedev says he'll make it even easier to do business in the country's special economic zones, which have continued to develop despite the financial crisis.

21.04.2010, 14:27

Zero-tolerance for bribery in Russia declared by multinationals

More than 50 foreign companies operating in Russia, including multinational giants like Siemens, signed a framework document on the fundamental rejection of involvement in corruption schemes in the country on Wednesday.

11.04.2009, 04:31 1 comment

Move astern! Kiev makes peace with Moscow over gas pipelines

Russia and Ukraine have overcome differences regarding Russia’s participation in the modernization of Ukraine’s gas transportation system.

High-rise Well House residential structure on Moscow's Leninsky Avenue (RIA Novosti) 05.01.2010, 11:45 1 comment

Moscow Real Estate looks for rebound

The Moscow residential real estate market has been lucrative, with an accommodation deficit driving sales and rental prices over the last decade. But it too felt the impact of the 2009 economic downturn.

29.01.2009, 01:30

"Russia's economy affects the rest of the world"

Sberbank chief, German Gref, believes Russia’s economy is now large enough to effect world markets and criticized the Russian Central Bank's high interest rate, claiming it hampered investment.

03.11.2009, 13:03

Evroset to take S7 ticket payment as move beyond mobiles picks up strength

Mobile phone retailer Evroset will take payment for tickets on domestic Russian air carrier S7 Airlines, under an agreement unveiled on Tuesday.

Dmitry Medvedev (R) and Arnold Schwarzenegger (RIA Novosti / Mikhail Klimentyev) 11.10.2010, 18:45 29 comments

Russia can learn from America – Medvedev

Russia can learn from Americans how to tackle corruption and turn new products into money, President Medvedev has said at a meeting with the US businessmen delegation led by Californian governor Schwarzenegger.

19.03.2010, 13:31 6 comments

Russian ‘Silicon Valley’ to be built near Moscow

President Medevev has announced during a speech to young scientists that Russia is to build its equivalent of Silicon Valley in the village of Skolkovo near Moscow.

Roads in golden city paved with… nothing

Published: 17 September, 2009, 09:14


Krasnoye-on-Volga, with its eight thousand inhabitants, should fit into the stereotype of rural Russia: simple and traditional. Only this town is the country's goldsmith capital, and the one of a multi-million industry.

 
1 COMMENT
Bianca September 18, 2009, 00:25 quote
0

"...there is a good explanation of why this is happening..."?! I have read the text trice, and I still do not see any explanation, never mind a good one. There are EXCUSES, there are plenty of "...why somebody else does not do it..", and so on. But not really an explanation of how can local authorities allow this to happen. It they think that there is a problem with funding, labor, etc. , they should have addressed it. They are not the debate club, but public servants with duties and responsibilities. No civic pride, no caring for the environment in which the population lives, and raises their children? There ought to be a Hall of Shame, to highlight such things!

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