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Sochi sacked from the list of the best cities for business

Forbes Magazine has made the Russian rating of «30 best cities for business -2013». This rating includes cities with available skilled manpower, tax officials, loyal to businessmen, and the lowest administrative pressure.

The list is topped by Kaliningrad, which has introduced tax preferences for businessmen. Ufa is ranked second, and Krasnodar is at the third place.

Moscow and St. Petersburg (14th and 21st respectively) have both improved their positions, Sochi-24 informs.

Last year rating leader Sochi is not in this year’s list. Approach of the Olympics has not promoted business development, but, on the opposite, has increased the number of problems: experts note that connection to utility networks has become more expensive, and it is virtually impossible to get a land site now.

English translation by BSN