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The Warsaw Voice » Business » December 2, 2009
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Moscow Unfriendly to Business: Report
December 2, 2009   
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The World Bank has taken a close look at the 10 largest cities in Russia to check which one provides the best conditions for business. The bank's Doing Business in Russia report contains surprising conclusions, because it turns out that the best location for business is the city of Kazan, the capital of the republic of Tatarstan with a population of over 1 million. Moscow, with a population of 10.5 million, is the worst for business, according to the report, despite the fact that it aspires to be an international financial hub.

The World Bank rates the cities according to four criteria: starting a business, dealing with construction permits, registering property, and trading across borders.

Starting a business is easiest in Rostov on the Don, where it only takes 13 procedures and 22 days and costs $118. Kazan comes in second, with 10 procedures, $100 and 34 days. Moscow, which was ranked seventh in this respect, requires nine procedures, $206 and 30 days. Perm in the Ural Mountains, with 10 procedures, $170 and 36 days, is the least friendly for those wanting to start a business.

Rostov and Kazan are also in the lead in terms of dealing with construction permits, requiring 22 procedures and 194 days and 23 procedures and 350 days respectively. Moscow is ranked last in this area, with 54 procedures and 704 days.

Moscow is also behind all other cities in terms of construction costs. A power grid connection alone is six times more expensive in Moscow than in Irkutsk, Siberia, for example.
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