Inside Krasnodar | 2008

I can’t take it anymore. The traffic here in Krasnodar is bad but in Yubilaney, the traffic is mind-boggling. It takes me at least 45 minutes to travel 5 miles back and forth to work from my apartment each morning and evening.
It really doesn’t matter what time I leave. This morning, I was on the […]

Click here to check outThe Krasnodar Expat Meetup!
Are you an expat living in, working in, or visiting Krasnodar, Russia? If so, you are cordially invited to join other expats at the Thursday 7pm February 28th meeting (1st ever!) of the Krasnodar Expat Meetup. The meetup is open to any expat who is in Krasnodar and […]

It’s kind of funny to be sitting here in Val D’Isere at an internet cafe listening to all the Russian tourists while back in Sochi the preparations for the 2014 Winter Olympics are just beginning. I wonder what will happen to the local economies of the French, Swiss, and Italian ski villages when Krasnaya Polyana […]

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 […]

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 […]

Yesterday, Saturday, we did some serious power shopping.
In the morning we drove over to the Komsomolski district and checked-out a new store, Energiya for your Home, which was having its grand opening. Komsomolski district is quickly becoming the retail center for the city of Krasnodar.
Already this year, Magnit opened it first hypermarket in Komsomolski. […]

As those of you who live in a foreign country know, it is the “small victories” which make all the frustrations of a different culture seem irrelevant. This week I had three such small victories:
1. I “discovered” that it IS POSSIBLE to buy Sugar-Free Red Bull. Red Bull mixed with vodka and a twist of […]

Here’s a photo of the actual store for a local Krasnodar branch of a national Apple licensed reseller called re:Store. The store is located inside of the mall Krasnaya Ploshad (trans: “Red Square”). When driving up to the mall, stay right, pass the McDonald’s drive-through window on your left, and park behind the mall. The […]

It’s Sunday afternoon and I am in the office catching-up on some work after being in southern France most of this past week looking at golf courses and interviewing a golf course architect. Here’s a photo of one of our favorite courses in southern France. It’s called Gassin Golf & Country Club.

In a few […]