Articles by Anatoly Tyomkin



Risk of Big Tax Loss as Okhta Site Faces Sale

The St. Petersburg budget could lose about 20 billion rubles in taxes from Gazprom Neft if the company selects a site for its office complex in another region of Russia after the controversial Okhta Center skyscraper plan was scrapped.

Pugachyov to Sell Shipbuilders to State

Senator Sergei Pugachyov's United Industrial Corporation will sell two shipbuilders to the state-run United Shipbuilding Corporation to raise funds for Mezhprombank.

Mysterious Investor Acquires St. Petersburg Palace

The federally protected building, built in 1775 and reconstructed in 1858 and 1874, is located in the historical center of St. Petersburg, alongside the Summer Garden between the Troitsky and Liteiny bridges.

AvtoVAZ Workers Offered Chance to Move

In a pilot project designed to help residents of single-industry towns find work elsewhere, redundant staff from carmaker AvtoVAZ are to be rehoused in another city.

Mortgages Down 30% in St. Petersburg

The slump in the global real estate market is now being felt in St. Petersburg, where mortgages have decreased since June.

$4M Luxury Yacht Made for the President in Secret

The planning and interior of the only other presidential yacht, the Rossiya, were designed to the tastes of Boris Yeltsin.

Disputed Ships Auctioned for $4M

The saga of six refrigeration ships that have been stranded in St. Petersburg's harbor for over a year and a half took another turn last month.

Ford's Financing Program Falls Apart

An installment payment program for selling Ford cars, the so-called Ford Plan that was launched at the start of this year, has collapsed after only six cars were sold.

Baltika Incensed at Parasitic Smokes

Baltika is facing a new challenge: A brand of cigarettes also called Baltika.