Stars of the new Russia
London’s Connaught Hotel was the setting in April for Global Finance’s third annual Best Russian Banks and Companies awards ceremony. The Bank of New York sponsored this year’s event. Soaring hydrocarbon prices and 7% GDP growth have made for very good times for the banks and companies honored this year. Russia plays by its own rules, and while this may have burned some investors, it certainly has not killed the good times for many others. This year’s winners have clearly demonstrated that they know how to play the game and prosper.