BMIR # 13

2009-04-21 13:37:52  Swiss Federal Councillor Micheline Calmy-Rey, head of Swiss foreign affairs, speaks with Business Mir in an exclusive interview about Swiss-Russian relations.

2009-04-09 22:14:14  The photo exhibition "The Golden Century of Russian Ballet: 100 selected photographs from Leonid Zhdanov's archive" was on display in the Solyanka Gallery last May. The photos and their author are unique. The life of Leonid Zhdanov, a professor at the Moscow State Academy of Choreography, has been divided into two parts that form a single whole.

2009-04-09 21:47:11  Establishing and maintaining a company in Switzerland can have various purposes: You may want to establish an operating business, e.g. in manufacturing, services or trade. This can be done alone or as a joint-venture with a local partner. Also, a Swiss entity can be a holding company of an international group, or it can be used for profit allocation and tax optimising, or as a vehicle to keep and invest funds. The rules that apply to the procedures of creation and to the governance of a Swiss company are basically the same for all these cases and in the entire country.

2009-04-09 21:30:49  Oil prices have dropped 60% since the peak in June. While the fall was welcomed at the beginning, it became a source of concern with the financial crisis. While the consensus thought the worst was over in the long ascent for oil prices, we believe this was only a momentary pullback. In fact, we believe the credit crisis and deleveraging process has affected hedge fund strategies forcing many positions to be closed at any price. This has pushed commodity and energy prices beyond the theoretical price normally associated with a recession scenario. Major exporting countries have production, consumption and export trade off problems with the net export factor being one of the most significant.

2009-04-09 20:16:19  The new Quai de l'Ile line from the Vacheron Constantin Manufactory introduces a unique dimension in the world of Haute Horlogerie.

2009-04-09 20:09:38  Geneva is a favorite EMEA/global headquarters location for leading companies. It is a major centre for technical excellence and innovation, with more than 600 enterprises - 1 for every 650 people - engaged in researching, developing and producing advanced new products for the high-growth markets in information technologies (IT), telecommunications, electronics and high-tech healthcare.

2009-04-09 20:01:45  Switzerland has become an international centre for economic conferences, where Russia plays an important role. Pierre Lavaud, a hedge funds specialist and the organiser of investment conferences, comments on the part played by politics in Russian business and on Russian interests in Switzerland.

2009-04-09 19:49:30  The auction house’s take-over by luxury group Mercury marks a new milestone on the road to Russia.

2009-04-09 18:41:07  The Moscow-based firm was founded in 1997 and has since elbowed its way to the top of the anti-virus software market. Already second in Europe with individual users, it is now going after the business sector.

2009-04-09 18:32:28  rer, famous for its fighter jets, is going after the civil aviation market. It plans to deliver the first of its Superjet 100s, which seat 100, at the end of 2009. The overall goal is to capture 20 per cent of the world's regional aircraft market.