Rostov-on-Don is a port city and the administrative center of Rostov Oblast and the Southern Federal District of Russia.

In 1749, a custom house was established on the Temernik River, a tributary of the Don, by edict of Empress Elizabeth, the daughter of Peter the Great, in order to control trade with Turkey. It was co-located with a fortress named for Dimitry of Rostov, a metropolitan bishop of the old northern town of Rostov the Great.

Rostov State University of Economics means a high quality professional education that unites well-established universities’ traditions and modern educational technologies, highly professional staff, long-life learning concept in a wide range of areas for creation of competitive specialists for Russian and international labour markets.