Murmansk way down on investment climate list
Murmansk ranks 26 among 30 Russian cities selected for assessment in the new World Bank report “Doing Business in Russia.”
The 2012 report is the second in a series analyzing four areas of business regulations across 30 Russian cities. The areas analyzed are starting a business, dealing with construction permits, getting electricity and finally; registering property. These indicators were chosen in the study because they differ from city to city and cover areas of local jurisdiction or practice.
Murmansk is doing normally well on the list of Russian cities to start a business. The numer of interactions needed in Murmansk are seven, while you in Vladikavkaz faces 12 different interactions.
Another area where Murmansk are listed normally well is the process of obtaining a construction permit, where 16 steps are needed in Murmansk, compared with Moscow where 47 bureaucratic steps in different offices are needed.
Overall in the report Moscow is the worst of all Russian cities to do business and ranks 30 of the 30 cities studied.
Getting electricity in Murmansk is a challenge; the city is here ranks 27 of the list, while it ranks 23 for registering property. Combining all topics analyzed, Murmansk ranks 26 and is by that one of the less attractive cities in Russia to start a business. In the other end of the ranking is Ulyanovsk, while Petrozavodsk in Karelia ranks 11.
Arkhangelsk or other cities in Barents Russia are not included in the study.