The highest paying jobs offered to foreign specialists are surprisingly not in Europe, but in Russia, Asian countries and the Middle East.

One of the most significant Russian airports, Pulkovo in St Petersburg, will be renewed by a consortium formed by VTB Capital and Fraport Group operating Frankfurt International Airport.

General Motors is set to suspend production at its plant under St Petersburg for a period from July the 1st to August the 31st 2009

Russian State corporation Rosoboronexport and Thales International Group are joining efforts to promote joint production to the world weapon market.

Russian gas monopolist and Nigerian National Petroleum Corporation signed a memorandum to set up a joint venture on a 50/50 basis, the information administration of the Russian company reports.

Total SA and Russian Novatek will conjointly implement a project on development of Termokarstovoye gas field on the Yamal Peninsula.

Sberbank, the largest bank of Russia, ranks 23rd in terms of revenue in the rating of world's largest banks published by The Banker.

The world-popular social network MySpace is going to shut down its Russian office on the 30th of June. Moreover, according to director general of Russian company SoundKey, the company is reported to close down 21 of 24 offices abroad.

Lukoil, Russian largest private oil producer, keeps expanding business to Europe by acquisition of new oil-processing facilities.

Opening new casinos in Sofia, Verna and Burgas are of great interest for Russian companies, since the places are extremely popular with tourists all year round.