MOSCOW, June 22 (RIA Novosti) – Moscow is a worse place to start up a business than 29 Russian regional cities, the World Bank said in its Doing Business in Russia 2012 report on Friday.
The report is the second in a series analyzing four areas of business regulation across 30 Russian cities – starting a business, dealing with construction permits, getting electricity connected, and registering property. These indicators were selected because they cover areas of local jurisdiction and administration.
“Overall, it is easier to start a business, deal with construction permits, get electricity and register property in Ulyanovsk [in the Urals] and Saransk [near Volga],” the bank said in the report.
The capital of the Tatarstan republic, Kazan, which was leader of the previous top 30 rating, fell to the fifth position. Russia’s southern cities of Vladikavkaz and Rostov-on-Don ranked third and fourth place. Moscow remained 30th.
“No single city outperforms the others in all areas. It is easiest to start a business in St. Petersburg, deal with construction permits in Surgut [in West Siberia], connect to electricity in Saransk and register property in Kaluga [in the country’s central region],” the bank also said.