Why Saint Petersburg; Why Russia?

Saint Petersburg

• Aside from a strong supply of local talent and a less transient population than other major cities, it is first and foremost an attractive place to live, meaning that for the right role, people will readily move to and stay there. This makes it the ideal location for attracting the sort of talent needed by Capital Markets IT divisions, both within the sizeable local market and also from the hundreds of capital markets-experienced technical staff available in Moscow. Saint Petersburg is the only location in Russia outside of Moscow that Moscow talent will readily move to.
• It is accessible from around the world, being only a shade over 3 hours flying time from London on British Airways.

Russia

• The primary risk focus areas when sourcing in Eastern Europe are clearly security and geopolitical risk. In our opinion, Russia, being the regional powerbroker, is the most geo-politically stable, and the key cities like St Petersburg benefit from a strong and dependable rule-of-law.