Articles by Daan van der Schriek



Markets Unable To Find Vendors

  • 09 April 07
  • Staff Writers
It was a bad week for Moscow's markets.

Foreign Traders Barred From Markets

  • 02 April 07
  • Staff Writers
The few foreigner traders working at Moscow's Leningradsky outdoor market whispered Sunday that they were selling off the last of their eggplants and potatoes and then would leave for good.

Chief Negotiator Sees Fast Entry Into WTO

Maxim Medvedkov, Russia's chief negotiator on World Trade Organization entry talks, said Thursday that Russia wants to conclude a WTO deal by year's end, while the country's top food safety official hinted that a current ban on Polish meat could be extended to other EU countries.

Serdyukov To Head Khimprom

Defense Minister Anatoly Serdyukov on Friday was approved as chairman of the supervisory board of Volgograd-based Khimprom, a former producer of chemical weapons.

PwC Puts On a Brave Face After Losing Case

Despite its current troubles over audits and tax issues, Pricewaterhouse­Coopers said Wednesday that it planned to stay put in Russia -- but analysts said the auditor could stand to lose some of its market share.

Financial Monitor Chief Plans to Quit

Federal Financial Monitoring ­Service chief Viktor Zubkov will leave his post to take a seat in the Federation Council, Interfax reported Tuesday, citing a Finance Ministry source.

14 Years On, Balkan Pipe Goes Ahead

Putin hints at the signing ceremony that Caspian firms could join the project.

Fradkov Backs Idea of Parallel Gas Pipeline

Prime Minister Mikhail Fradkov on Tuesday threw his weight behind the idea to build a gas pipeline alongside the Pacific oil pipeline, a proposal that could enable Gazprom to reach Far East markets and keep spiraling construction costs under control.

Investigators Raid PwC Offices

  • 12 March 07
  • Staff Writers
Investigators searched the offices of PricewaterhouseCoopers in Moscow for several hours Friday on the eve of a court hearing into the firm's audit of Yukos.

Russian Billionaires Storm Forbes' List

Russia dramatically boosted its presence on Forbes magazine's global rich list published Thursday, with 53 billionaires, compared with 33 on last year's list.

Markets Weather Opening Tumble

Russian stocks partially rally but look vulnerable to a possible global recession.

Gilbertson May Quit After RusAl Merger

He is reported to have fallen out with Viktor Vekselberg in the course of negotiations over his future salary.

Georgia Booms in Spite of Blockade

The resumption of normal relations with Georgia depends on its behavior toward Russia and Georgia's secessionist regions Abkhazia and South Ossetia, Foreign Minister Sergei Lavrov told Rossiiskaya Gazeta on Wednesday.

Yukos' Rosneft Stake to Be Sold in March

Analysts say the $7.5 billion starting price on March 27 has been set at 18 percent below its current market value.

Yukos Assets to Be Sold at Discount

The minority stakes held by Yukos in Rosneft and Gazprom Neft will be offered at a discount in the first auctions of the bankrupt oil firm's assets next month, sources close to the creditors' committee said Wednesday, Interfax reported.

Turkmen President Appoints New Head of Gas Monopoly

Turkmen President Gurbanguly Berdymukhammedov on Sunday appointed the head of the country's main oil refinery as the new head of state gas monopoly Turkmengaz, with the rank of Cabinet minister, Interfax reported.

Naryshkin Seen as a Boost to Fradkov

Sergei Naryshkin's promotion to deputy prime minister promises to strengthen Prime Minister Mikhail Fradkov's position in the Cabinet at the expense of liberal ministers, analysts said Friday.

Turkmenistan Confirms Gas Deliveries

Turkmenistan confirmed its commitment Thursday to deliver gas supplies to Russia until 2028, Gazprom said in a statement.

Report: Arms Trader Looks at Mechel Buy

A company affiliated with state arms trader Rosoboronexport is considering buying the assets of No. 5 steelmaker Mechel, Vedomosti reported Tuesday.

NLMK Steel Set to Increase U.S. Assets

The Russian steel company will team up with Dufreco and Esmark to purchase assets in Winner Steel.

Deripaska Tops Russia Rich List

The metals magnate's fortune doubled over 2006 to $21.2 billion, taking him past Chelsea owner Roman Abramovich.

Potanin Says State Could Buy Norilsk

A state takeover of Norilsk Nickel would not be a tragedy, the company's key shareholder, Vladimir Potanin, said in an interview published Monday.

State May Take Over Norilsk Nickel

Vladimir Potanin's buyout of CEO Mikhail Prokhorov's blocking stake in Norilsk Nickel and other assets within the Interros holding company could well lead to state control over the company, one of the country's last few strategic assets in private hands, analysts said Thursday.

A Revolution of Clashing Colors

Better not be too soft on your opposition. This is what the leaders must think whose countries border Kyrgyzstan, which is in the grips of revolution or, depending on your view, of thugs. Some have called the protests sparked by disputed elections the ""Tulip Revolution,"" after Georgia's Rose Revolution and Ukraine's Orange Revolution. But opposition leaders seem unable to agree on a name.

Afghanistan Needs a More Indelible Election

Afghanistan's first-ever presidential election, held last Saturday, should have been a success story for Washington, demonstrating that democracy had taken root in the former Taliban stronghold.