BUSINESS PRESS

CITY IN-BASKET
Work to begin on new complex: Directors of St Petersburg's first major western-style business park announced they are ready to begin construction on their $100 million dollar project.
More investment fund misery for city: A company claiming to be the local representative office of an American investment firm has become the latest in a series of alleged investment fraud schemes angering local residents.
Commission disbanded in shake-up. (Photo): The St Petersburg commission on stocks and securities has been disbanded as part of the reorganization of the federal system of securities regulations.
Business club opened: The St Petersburg Chamber of Commerce and Industry recently established a support network especially for foreign business people.
British links forged: A new cooperation agreement aiming to strengthen ties between St Petersburg and its English sister city, Manchester, has been signed by business chiefs.
Tax update: Excess wage tax & representative offices
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Full steam ahead (Photo)
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