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"Cast your mind back to another world"

As we reach the 20th anniversary of the fall of communism, Larry Sherwin reflects on the events of 1989 It was Russian business executive Alexei Mordashov who put it succinctly, jarring my own memory...

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Riding Russian rail: the 12.56 to Sergiev Posad

Students of Russian and Soviet history quickly learn the pivotal role that the railroads have played in the country’s economic development. In czarist times, it was the construction of the mammoth...

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Employment concentration and resource allocation: one-company towns in Russia

One-company towns, towns where a single company accounts for a significant share of total employment and shapes the livelihoods of the people, are often associated with centrally planned economies. But...

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Paralympics: EBRD region performs beyond expectations

EBRD countries of operations won 118 gold medals at the London 2012 Paralympic Games. A very strong performance indeed! Russia came in second place overall with 36 golds. Ukraine, Poland and Tunisia...

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Russia: Lagging behind in waste management and recycling

Prepared by Zine Bachiri and edited by Alex Pivovarsky Waste generation in Russia has followed suit with the increase in economic activity, rising disposable income and population’s changing...

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EBRD wins two awards for gas flaring reduction projects

The Bank keeps looking for ways to turn major environmental problem into business opportunity for its clients. As the EBRD has proved time and time again, “environmentally friendly” can and should mean...

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