On 25 January 2016, the AEB hosted a briefing by Peter Tabak, Associate Director, Lead Regional Economist, European Bank for Reconstruction and Development, devoted to discussion of further Russian economy development in the environment of low oil prices. The event was co-chaired by Igor Bulantsev, Chairman of the AEB Banking Committee, Chairman of the Board, Nordea Bank, and Frank Schauff, AEB CEO, and was followed by a Q&A session.
Shariyah Review Bureau (SRB), one of the world’s leading Shari’a Advisory companies, has signed a strategic partnership with Islamic Business and Finance Development Fund (IBFD Fund), a leading Russian organization dedicated to the development of Islamic Finance, bilateral economic and business relationships between Russia and OIC countries, to become its Official Sharia Advisory Partner.
The vast majority of Russian companies believe the mergers and acquisitions (M&A) market in Russia will not experience any significant changes, with valuation levels in the coming 12 months not expected to decrease, according to the latest findings of the Russia edition of EY’s Capital confidence barometer: New trends in M&A study.
This is the theme of the St. Petersburg International Economic Forum, in which EY has been an active participant since 2006. This year, the Forum will be held from 18 to 20 June.
Far Away, but Tempting
Andrew Somers, President of the American Chamber of Commerce in Russia, is leaving his post at the end of the year, but doesn’t intend to leave the country.
Leave to Remain
Having come to Moscow, Irishman Hugh McEnaney started not only a happy family but also a successful business.
Thirteen years ago, he emigrated from Uzbekistan to Israel. In recent years he worked in a book-selling company and took an active part in community activities: Georgi BERENZON-CHARIEV is the director of the Russian Language Centre of Information and Culture in Israel. After quitting the book-selling company, he set up his own business, a travel agency called Joyful Journey. In autumn of 2011 he came to Moscow in search of business partners.
Vegetarianism as a Business
When Marina Albee calls herself an American of Italian origin, she is actually wrong. What she really is, is a vegetarian. Marina became one at the age of 13. When she saw animals she had recently been playing with brought back from the slaughterhouse to her parents’ farm in Vermont, she realized that she could not… eat her friends. That was when she stopped eating meat. In 2007, Marina opened “Café Botanika”, a vegetarian restaurant in St. Petersburg. For her vegetarianism is not just a personal conviction, but also a profitable business.
Chery – Assistance on the Road
The Chinese Xu Jiangsheng sells the cars of the Chery Automobile Co., whose Podnebesnaya is the best-known marque in Russia.