[alavrik]

Here's a good article and the HN discussion about Russia. http://news.ycombinator.com/item?id=1409194

Basically, you would probably want to stay away from it. You can find decent engineers there but everything else is terrible for business: corruption, taxes, banks, cost of living, visas, etc.

[PTheR]

Thanks for your tip, I will read it. I've asked because I recently found a popular .Net webstore software called nopCommerce (I think it's even the most popular open source solution for .Net) from a startup located near Moscow.