Inside Krasnodar | 2008

Congratulations to Mr. Putin and to the country of Russia for being named “The Man of the Year.” While Time is correct to recognize the growing influence and importance of Russia in today’s world, it still fell back on old cliches and tired stereotypes in its cover story. Fortunately, Time magazine also printed the full […]

Magnit: 11M07 trading update: Still on track
December 17, 2007
Revenue up 50%. Magnit (MGNT - Buy) this morning released a trading update for 11M07. Revenue increased by 49.2% YoY to $3,212 mln, in line with our expectations. The retailer opened 228 stores during the period, bringing its total store network to 2,121. Total selling space increased […]

I got an email from a friend, and classmate of mine at Phillips Exeter Academy, yesterday, basically asking how I could find the article by Justin Raimondo “refreshing?”
He wrote,
“So if Russians don’t really want freedom, they prefer dictatorship which makes them unique in the entire world.
I bet without oil and gas revenue all […]

Golden Telecom, Inc. (”Golden Telecom” or the “Company”) (NASDAQ: GLDN), a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (”CIS”), announced earlier today the closing of the acquisition of a 100% stake in LLC “New Telecom Technologies” (”NTT”) in […]

Here’s a great report written in October by Commercial Real Estate Russia magazine.
South Federal District // Commercial Real Estate, #20 (80)
15.10.2007 Krasnodar: Holiday making and Entertainments
South Federal District
The commercial real estate market of Krasnodar is notable for two main characteristics. First of all, local developers of retail properties are better at building entertainment centers than […]

There was an article today in the Pittsburg Post Gazette about the NHL and the Sochi 2014 Winter Olympics. Gary Bettman, the commissioner of the NHL, is quoted as making some pretty tough statements about whether or not the NHL players would be allowed to participate despite already having played in the past 3 Olympics […]

As interest in the Russian regions grows, I wanted to alert you to a great source of information being provided by Kendrick White and his team at Marchmont Capital. I met Kendrick in 2006 when he spoke to the US-Russia Chamber of Commerce of New England members at the invitation of Cathy Mannick.
I was very […]

Ignoring Global Credit Crisis, (Russian) Economy Grows 7.6% in Q3
BLOOMBERG
The economy expanded an annual 7.6 percent in the third quarter, better than expected, suggesting that problems on global credit markets have not had a major impact on the country.
Gross domestic product growth followed expansion of 7.8 percent in the second quarter and 6.8 percent in […]

Cleveland, Ohio-based Developers Diversified Realty Corp. became the first U.S. REIT to announce a major development initiative targeting the Russian Federation and Ukraine in May. The REIT is forming a $300 million joint venture with Hamburg-based ECE Projektmanagement G.m.b.H. & Co. KG, a German real estate development and management firm. The joint venture plans to […]

Thanks to Colleen Winthrop for the heads-up on this refreshing take on the current state of relations between the US and Russia.
Here’s the link to the article by Justin Raimondo
Russians cast their votes in parliamentary elections on Sunday, with an overwhelming victory widely expected for Vladimir Putin’s United Russia Party – and yet we […]