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. Last Updated: 07/27/2016


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Press Review

A brief look at the stories making headlines in the Russian-language press

Realtors Cash In on Homes of Nomenklatura

While the former homes of Hollywood celebrities or rock music legends have long been hot offers on the international real estate market, the homegrown interest in residences of Soviet-era functionaries is a new phenomenon.

St. Pete Seaport's New Terminal Eyes Europe

An architectural design titled ""The Window to Europe"" is to be built to house the new passenger terminal at St. Petersburg's seaport.

U.K. Fund Industry Seeks Tax Breaks

Britain could build a big onshore fund industry in the booming area of property investment if it implements tax breaks in 2005 to complement sweeping changes in regulation made earlier this year, a top industry figure said last week.

Investors Skeptical About UES Reform

The Cabinet said Friday its delayed power sector restructuring was on track but failed to impress investors.

Volgotanker Gets $23M Tax Claim

Russia's biggest shipping company, Volgotanker, has received a $23 million back tax claim for 2001, Kommersant reported Saturday.

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