Treasure Mainland

Treasure Mainland

Treasure Mainland
Local Russian News In English

In February, the Swedish furniture firm IKEA fired two executive managers in Russia for involvement in a corruption scandal. The managers, one Swedish and the other Swiss, had ?looked the other way? when bribes were given by a subcontractor in order to resolve a power supply issue at the MEGA shopping mall in St. Petersburg. But how can a successful business in Russia be run without giving bribes? And how should foreign executives operate when inefficient and arbitrary bureaucracy turns simple, mundane tasks into year-long projects?
Source: Russia Profile.org