Featured

S&P holds Russia's BBB rating steady

Jun 28th, 2013 | By | Category: Featured

Ratings agency Standard & Poor's (S&P) has held Russia's investment rating steady at BBB. The decision will come as something of a blow to the government, which was hoping for its first upgrade in five years before potentially launching a $7 billion bond sale. However, the agency opted to keep the rating at the second-lowest [...]



Russia becoming top retail destination

May 22nd, 2013 | By | Category: Featured

Retailers have long acknowledged the importance of the Russian market, but the region looks set to overtake some of its competitors this year. According to analysts at Cushman & Wakefield, within two years time, Russia is set to become the largest shopping centre in Europe. At the moment, France and Britain are well in the [...]



Russians spending roubles on Swiss property

Mar 15th, 2013 | By | Category: Featured

Research has found that Russian investors are choosing to put their roubles in Swiss property. Switzerland has remained one of the most successful and stable economies in Europe and it appears that its property market is particularly appealing as a safe haven for wealthy property investors. Last year a number of new laws and taxes [...]



Are Russians swapping vodka for whiskey?

Nov 7th, 2012 | By | Category: Featured

Russia and vodka are practically inseparable. The drink has played such a strong roll in the country's growth and evolution that a Russian bar without vodka would be a fish without water. But this hasn't stopped other drinks trying to get in on the action. The latest attempt has come from Beam Inc, the company [...]



Putin promises 'strong Russia'

May 10th, 2012 | By | Category: Featured

President Vladimir Putin has been sworn in for another six-year term as the Russian leader, promising to deliver a 'strong country'. A speech this week (9 May) was delivered by the president at a show of military provision on Red Square. Months of protests and continued talk of corruption within the Russian government have shaken [...]



Lamborghini opens Moscow dealership

Apr 19th, 2012 | By | Category: Featured

Luxury car manufacturer Lamborghini is set to open up its first dealership in Russia, in a joint venture with the Burevestnik Group. The Italian super car designer will work with the luxury automobile and yacht company to launch the premises in Moscow at an official opening later this year. Sales, service and retail accessory sales [...]



Putin set for presidential victory

Mar 1st, 2012 | By | Category: Featured

Vladimir Putin looks to be on target to win the Russian presidency as the country gears up for elections on 4 March. After first entering the Kremlin 12 years ago, Putin has maintained a heavy level of bravado and a macho attitude towards politics, while relations with the West have been at best strained. Now, [...]



Luxury car companies targeting Russia

Feb 23rd, 2012 | By | Category: Featured

As the West struggles on through the recession, businesses are looking east for their new super wealthy customers. This is one of the latest trends among luxury car manufacturers, who are starting to market their new vehicles to countries like Russia and China. Volkswagen AG's Lamborghini, for example, is due to release a super-sized SUV [...]



Is Russia's healthcare system up to scratch?

Feb 14th, 2012 | By | Category: Featured

Russia may have come a long way since its Communist days. However, it appears that the country's health system is still stuck in the past and woefully inadequate. Those living in the countryside are particularly hard hit, with anything but the most basic of care practically unavailable. Those that can, tend to travel to Moscow [...]



Russian luxury goods tax to rise?

Feb 7th, 2012 | By | Category: Featured

Russia has long been synonymous with the idea of luxury, with those who can afford to laden in haute couture and beautiful jewellery. However, the accessibility of such items of desire could be set to change as the country's prime minister Vladimir Putin is reportedly considering introducing a tax on luxury goods. The proposals would [...]