Business and Authorities in Russia

Konstantin Kabikov

• CEO at JSC «North-West Engineering Centre»

• Board Member Russian Union of Industrialists and Entrepreneurs

• Vice President Russian-American Business Club

Who am I?

Business and Authorities – problems?

Year 1991 – Belovegskiy agreement was signed, and since than USSR finished its existence

High level of Stock-out percentage

More than 50% of GDP was created in Defense and Primary industry

Roots: For more than 65 years the institution of private ownership hadn’t exist in the USSR. All enterprises including sizable were managed by bureaucrats

New Business Big League Formationstarts at late 80th

RootsFlowers: Authorities and Business in Russia are very

connected, this is one of the features of Russian economy

Privatization in Russia started in 1992 andduring it Vouchers were used

Intermediate conclusions

Business and authorities are very connected

Majority of today's oligarchs got the businesses they now own as a result of privatization

Single-value estimate of Governments activities towards Ukos is not close reasoning

Availability of high level Bureaucrats is a very strong competitive advantage on Russian market

Russian American business clubOptima Fide

With implicit trust

Main Club’s activities

Providing place for personal communication for economic and politician American and Russian Big Leagues

Charitable programs

Providing assistance and advice to American companies willing to enter the Russian market

Assistance in implementing investment projects in Russia and America

Members of Russian part of The Club

Primakov Gryzlov Volskiy

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