TRANSCRIPT: [Putin at] Meeting with Alexei Repik, President of Delovaya Rossiya national public organisation

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(Kremlin.ru – June 30, 2016) Vladimir Putin discussed with Delovaya Rossiya President Alexei Repik the results of the union’s activity over the past 15 years and ways of improving the business climate in Russia. President of Russia Vladimir Putin: Good afternoon, Mr Repik. This year marks 15 years since Delovaya Rossiya was founded. A great deal has been accomplished during […]

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Moscow’s Overnight Demolition Blitz Sparks Legal Debate

Snowy Night on Red Square with Old St. Basil's Lit Up

(Moscow Times – themoscowtimes.com – Daria Litvinova, Vasily Kolotilov – February 11, 2016) You could hear a young woman yelling, but her voice was diluted in the sound of bulldozers, smashed glass and metal. “What are you doing?! There are people still in there! Stop it!” she said. Several police officers stood outside, watching the bulldozer do its work without […]

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NEWSLINK: “Amid recession and predatory officials, Russia’s small businesses hang on. Small businesses are a small part of Russia’s oligarch-dominated economy. But despite the headwinds they face – and the instability they could bring to the current order – they are showing resilience amid the downturn.” – Christian Science Monitor

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Putin frees small business from inspections for three years

File Photo of Cash Register with Drawer Open and Hands of Cashier

(Moscow Times – themoscowtimes.com – July 14, 2015) Russian President Vladimir Putin has signed a law giving small companies a three-year holiday from regular inspections, a measure lawmakers hope will spur the development of small business in the country, according to a document published Tuesday [14 July] on the government’s legal information website. Small business is relatively underdeveloped in Russia, […]

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Five Stories From Put-Upon Small Business in Moscow

Aerial View of Moscow From Beyond Stadium, file photo

(Moscow Times – themoscowtimes.com – Alexander Panin – December 18, 2013) Before Mayor Sergei Sobyanin came to power in 2010, Guram Bolkvadze, a businessman from Georgia, owned 24 kiosks at bus stops across Moscow. Then one day, he was given just a few hours to get his goods out of the shops before the bulldozers came in and leveled 18 […]

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How to start a small business in Russia

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(Russia Beyond the Headlines – rbth.ru – Witold Jancszys, special to RBTH   – July 23, 2013) The business landscape in Russia has changed in the last decade and, now, more and more foreign nationals are starting businesses in the country, attracted to the opportunities for growth and space for new ideas in the Russian market. Foreign entrepreneurs doing business in […]

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Fund to Support Small and Medium Businesses Could be Created

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(Moscow Times – themoscowtimes.com – June 19, 2013) The Finance Ministry has proposed using a state guarantee fund to increase support for promising small- and medium-sized businesses, Vedomosti reported Wednesday. The proposals were prepared in response to the order made by President Vladimir Putin a week ago to stimulate business activity. This year the ministry has allocated 20 billion rubles […]

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Putin dissatisfied with share of SMEs in Russian GDP

File Photo of Cash, Coins, Line Graph

NOVO-OGARYOVO. Nov 15 (Interfax) – Russian President Vladimir Putin thinks it necessary to raise the contribution that small and medium businesses make to Russia’s GDP. “The number of our small and medium enterprises is growing, but this level is still far from where it should be, given that in countries with a developed market economy the contribution of small and […]

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