January 22, 2014
Moscow: A Business Magnet
Moscow. It embodies the Russia of both yesterday, today, and tomorrow. As a bustling city of about 11 million, the city has cultivated the post-Communism capital spirit. Companies worldwide have taken notice. Just last year, for example, Morgan Stanley transacted the largest real estate deal at that time: the $1.2B purchase of the sprawling Metropolis Shopping and Entertainment Mall in Northwest Moscow.
Moscow now is an international financial center, and companies from other sectors have grown a strong branch presence there over the past two decades. It’s no wonder that Moscow’s Vnukovo International Airport is the leading airport for international departures in Europe (according to Avinode Marketplace). Vnukovo is convenient to the city, and its runway capacity can handle 60 aircraft movements per hour—even in compromised, low-visibility weather.
The appeal of staying awhile
One of the world’s most expensive cities, Moscow nevertheless is well worth the visit—wheth...