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 New Horizons 5(56)/2008

18 Finances in Deep Crisis. by Alexej Smirnov, Riga
The main theme of the 14th Baltic Financial Conference recently held in Latvia was, unsurprisingly, the global financial crisis. The European speakers were quick to divert blame and to look for solutions in tightening government control…
24 A Rude Awakening. by Konstantin Ranks, Riga
The banking crisis has hit many people all over the world, but among the most seriously affected in the Baltic region were the consumers of Latvia. They put the blame on Scandinavian banks, refusing to take responsibility for their own decisions.
28 Lost and Found. by Alexej Smirnov, Helsinki
For the last several years Finland has been fighting on the diplomatic front with Italy for the chance to host EU’s Food Safety Agency. By losing the "food war" Finland got a consolation prize in the form of the European chemistry agency, which might yet prove to be a bigger and far tastier piece of the pie.
34 Investing in Russian Real Estate. by Veronika Pennanen, St.Petersburg
The Russian real estate market has been attracting more and more investors from all over the world. Amplion Asset Managements’ Timo Nurminen and Mikko Sцderlund explain what it is that is making Finns buy into this growing market.
38 Friendly Port. by Gorran Svensson, Helsinki
A new port will open its "doors" for ships in November. The general cargo harbour planned for Vuosaari, Helsinki, will replace the North Harbour and the West Harbour which serve the transport needs of the entire country and cover almost 30% of the country’s export-import trade.
44 Second Wind for Estonian Ports. by Ilja Nikiforov, Tallinn
The dwindling of oil transit through Estonia’s ports miraculously goes hand in hand with the increase in investments into the port industry. The change in the quality of the goods transported through the country’s ports is opening new possibilities.
48 Going Green. by Sergei Tushin, Vдxjц
In February of 2007 the small Swedish city of Vaxjo won the first ever Sustainable Energy Europe Award for its project to encourage the people of the city to live more environmentally friendly lives.
54 Moving to the Suburbs. by Marina Koluyartseva, Kymleno
Finnish construction companies are strengthening their hold on the Russian town house market. Just recently they have opened a whole community built near St.Petersburg, with 2 streets of one-family houses made by Finnish companies using Finnish materials and designs.
60 Saving the Cinema. by Victor Kononov, Trollhдttan
Is it possible for a small northern country to compete with huge mass producers of movies? Swedish cinematographers think it is a matter of proper organisation and proper budgeting. They attract movie makers from all over the world with their new concepts.
64 The Tsar of all Fish. by Karita Kiviniemi, Varkaus
Caviar prices are steadily rising all over the world and the demand is constantly growing. Fish farmers in Finland have decided to try out this seemingly lucrative business, which involves not only caviar, but also the exquisite, but unfamiliar to most fish meat.
70 Schools for Sale. by Nikolai Sorkut, Stockholm
Education is not just a necessity but a profitable business. In Sweden private schools have been sprouting like mushrooms all over the country. What are the pros and cons of private schools?
74 Going to Sea. by Natalia Gracheva, Stockholm
Taking a short cruise on the Baltic Sea is a usual affair for the majority of Scandinavians. But often especially during winter months safety concerns arise stopping would be travellers from taking voyages. How safe are modern cruise ships and what to prepare for during stormy weather.
80 Ultimate Relaxation. by Olga Dal, Dalstorp
For those who want more from there house then just a place to live in there are unlimited possibilities and thousands of companies that offer to assist. But only few offer such quality, design and attention to detail as Svedbergs, after all the bathroom is the only room you cannot design without the help of professionals.
86 Going Once, Going Twice, Sold. by Natalja Ershova, Helsinki
Helsinki’s Bukowski auction house is famous for getting record high prices for Russian and Finnish art. The house is popular both with exclusive rich clients and the well to do middle class from Finland and abroad.
90 Tomorrows Antiques. by Natalia Ershova, Helsinki
High quality Italian furniture is sold all over the world. One of the main importers is Russia, which favours high end "royal" style furniture or modern designers on the edge. The furniture is looked upon as an investment into something that has the potential of becoming an antique in the nearest future.
92 First Swimming Pool. by Larisa Pelle, Helsinki
The first public swimming pool in Helsinki is celebrating its 80th anniversary. The swimming pool is located in the centre of the capital and apart from being an architectural and design marvel still upholds its old-fashioned traditions, such as swimming in the nude.
96 City Getaway. by Marina Koluyartseva, St.Petersburg
A new hotel has just opened in the heart of Russia’s northern capital. Holiday Club St.Petersburg offers indulgent pampering treatments and total relaxation on the historic Vasily Island in the middle of the city’s historic centre.
10 A Car for All. by Konstantin Ranks
The Finnish construction bureau Stadia has designed a special taxi cab that can meet the requirements of any passenger. Environmentally friendly and safe, designed for five customers with an option for one passenger in a wheel chair or baby pram, chances are it will take over the cities in the nearest future.
11 Business Legislation
Russia: Participatory Share Construction Agreement
(materials prepared by Unicomlegal Russia).
Finland: Labour Legislation: working time
(continue. materials prepared by NordLex Law offices)