Category Archives: Business

Truth or Consequences – IKEA as a Case Study of Russia’s Miserable Investment Climate

Posted on October 8, 2010 by

Earlier this year I wrote about IKEA’s corruption problems in Russia.  Two senior managers were fired after Swedish media reported that the managers had approved a bribe payment by their general contractor in order to obtain electricity service for a … Continue reading →

Posted in bribery, bribes, bureaucracy, Business, Business and Economy, corruption, Economic development, Foreign direct investment, foreign investment, IKEA, officials, russia, Russian economy | 3 Comments

What’s Wrong with Russia – Part I – Infrastructure

Posted on September 16, 2010 by

[Note: this the first in a series of posts covering what are, in my opinion, the most significant examples of 'what is wrong with Russia]. I’m not starting with the subject of infrastructure because it is necessarily the most significant … Continue reading →

Posted in Business, Business and Economy, corruption, Economic development, economics, Foreign direct investment, foreign investment, Government of Russia, infrastructure, russia, Russian economy | 9 Comments

Behold! The New Russian Smartphone

Posted on September 15, 2010 by

Medvedev: “I can’t even tell where to press.” Chemezov: “It is still a prototype.” Medvedev: “But this is entirely our product, which will be produced in our factories?” Chemezov: “For now, unfortunately, we will only be able to make it … Continue reading →

Posted in Business, Business and Economy, Chemezov, Dmitry Medvedev, Economic development, economics, Foreign direct investment, foreign investment, goskorporatsii, krysha, Medvedev, President Medvedev, Rostekhnologii, russia, Russian economy, siloviki, state corporations | 3 Comments

IKEA Scandal – Furniture Giant’s Corruption Troubles Far from Over [Updated]

Posted on April 4, 2010 by

Image via Wikipedia I couldn’t help but notice the high level of traffic - 10 percent of which came from IKEA servers – my humble blog received for my post on the firing of two top expat executives from IKEA Russia … Continue reading →

Posted in anti-corruption legislation, bribery, Business, Business and Economy, Government, IKEA, Ingvar Kamprad, russia | 3 Comments