BUSINESS PRESS

CITY IN-BASKET
Oil sell-off aims to plug budget gap
A major oil producer in Russia's northwestern region has become the latest large enterprise to have its state-owned shares sold off to plug a hole in the federal government's budget.
Plugging into good information
In the uncertain business environment of post-Soviet Russia, information is a most precious asset. So when you need to find a new partner or find out about a potential colleague, "Who ya gonna call?" YEVGENIA BORISOVA takes a look at a firm that has the world at its fingertips.
Philips to open second store in city
Philips announced it will open a second shop in St Petersburg in November. The new shop is part of an aggressive expansion plan that includes a scheme to open a Philips department in Gostiny Dvor -- the city's biggest shopping complex.
New local office part of aggressive Apple strategy
Apple Computer CIS, implementing a two-year strategic program in Russia to prove that its `computer is the best,' will open a St Petersburg office by the end of the year.
Hair transplant clinic planned
The city's first hair transplant clinic will be launched next month as part of US company Neva-Hudson's plan to improve the health care system in St Petersburg.
Good people hard to find
Top class executive searches in St Petersburg are taking an average of four to six weeks, according to one industry leader.
RESPONSE: an open letter from the SPIBA
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