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St. Petersburg exchange's initial capital revealed
04.19.2008 09:24
The St. Petersburg international commodity exchange's initial capital is to amount to RUB 750m (approx. USD 32.09m), Russian Prime Minister Viktor Zubkov told a meeting with the exchange's founders today. Read more at Petersburg CITY

Bank of St Pete to increase profits, raise $1 bln
04.16.2008 07:46
Russia's Bank of St Petersburg plans to increase profits by 1.5 times in 2008-2009, expand assets by 50-60 percent each year, and raise up to $1 billion via bonds, loans and a share sale, the bank's chairman told Reuters. Read more at Petersburg CITY

MTS invests 10 bn rubles into 3G network in St. Petersburg
04.08.2008 22:57
MTS hopes to increase its earnings from non-voice services in 2008. The operator intends to achieve the goal through launching 3G networks above all. Read more at Petersburg CITY

Transstroy Opens Company in St. Petersburg
04.01.2008 09:50
Transstroy Engineering Corporation Ltd, which is part of Transstroy Planning and Construction Holding, has created a sister enterprise to its branch in St. Petersburg — Transstroy Engineering Corporation SPb LLC. Read more at Petersburg CITY

St. Petersburg to host international economic forum on June 6-8
03.26.2008 09:21
The 12th St. Petersburg international economic forum will be held on June 6-8, 2008, the forum's organizing committee said. Read more at Petersburg CITY

Real Estate Awards Come to City
03.11.2008 09:49
This year, for the first time the Commercial Real Estate Awards ceremony will take place in St. Petersburg to recognize the specific achievements of leading local developers and real estate professionals. Read more at Petersburg CITY

Cash For Oranienbaum
02.28.2008 10:39
The federal budget will supply two billion rubles ($81.8 million) for the reconstruction of the Oranienbaum museum complex to increase its appeal to tourists. Read more at Petersburg CITY

GM starts assembling Opel Astra in St. Petersburg
02.28.2008 10:32
General Motors has begun assembling the Opel Astra model in St. Petersburg, the company said in a statement. Read more at Petersburg CITY

Citigroup Chosen To Develop Pulkovo
02.19.2008 08:56
St. Petersburg’s government chose Citigroup Inc. and two other foreign companies to advise on partners for a planned 30 billion-ruble ($1.2 billion) expansion of the city-owned Pulkovo airport. Read more at Petersburg CITY

New Shipyard For City
02.19.2008 08:50
Vnesheconombank will finance the construction of an 18 billion-ruble ($733 million) St. Petersburg shipbuilding complex owned by billionaire Sergei Pugachyov. Read more at Petersburg CITY



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