Suzuki Motor Corporation has made an agreement to spend $115 million on construction of a plant in St. Petersburg. The plant will produce the Grand Vitara and SX4 models. The deal will be part of a joint venture between Suzuki and the Itochu Corporation.
One of the factors that led to the decision was that the [...]

A national park has been created in Russia in order to protect and preserve Siberian tigers according to an international conservation group. The park, which has been named Zov Tigra National Park, will be the countries first of its kind in terms of providing protection for a species. The name of the park translates to [...]

Parmalat, the Italian dairy company, is planning on investing up to 600 million euros ($812 million)this year on acquiring companies located in emerging economies and markets according to the Parmalat CEO Carlo Prevedini. The Italian newspaper Corriere della Sera also reported Tuesday that one of those emerging markets is Russia.
Prevedini said that Parmalat is looking [...]

Thomas Hampson, the renowned American baritone made his Russian debut on Tuesday. He appeared at the Mariinsky Theater in its new state-of-the-art concert hall and performed a program of Liszt, Mahler and American songs.
Hampson, who was born in Indiana and studied music at Eastern Washington University, Cheney and Fort Wright Spokane, says that Leonard Bernstein [...]

Although Russia is behind most developed countries in terms of internet development, the investment opportunities in St. Petersburg are big. That is the news from the 2nd annual St. Petersburg Internet Conference that was held recently. The conference was put together by the Moscow Regional Public Center of Internet Technologies (ROCIT) and the companies 1C-BITRIX [...]