Articles by Mikhail Dubik



Index Hit By Energy Stocks' Fall

Analysts: Indexes Useful, but How Accurate?

Yeltsin Fires Property Chief, Polevanov

Deputies Back Polevanov, Suggest Stalling Oil Sale

Chubais: Polevanov To Be Fired

Hoping for State Aid, ZiL to Reopen Lines

Luzhkov Orders Probe, Rent Review for GUM

The Stock Market's Creme de la Creme

Even Russia's chaotic stock market, with its dearth of information and sketchy legal basis, has a cr?me de la cr?me. In a new survey released Tuesday, brokers across Russia chose Moscow chocolate factory Red October as the best in providing financial information, and said that they had the least trouble registering trades in the stock of telecommunications giant Rostelekom. Among brokerage firms, foreign-funded Brunswick led both categories: adherence to contracts and ability to deliver on its stock quotations. Stock consultancy AK&M collected responses from 185 stock brokers across Russia, who were asked to name five leading companies in each category, said executive director Alexander Voloshin. Each first-place rating was worth 30 points, with lesser ratings going down in five-point steps to 10 points for fifth place.

Confusion Grows in the Oil Industry

Stocks Slip in Face of War, Anti-Reform Statements

AvtoVAZ Postpones $1.5 Billion Factory Plans

State Property Committee Shuts Door to Foreigners

What Will Replace Scrapped Oil Export Quotas?

Demand For Dollars Hits Ruble

Inflation Predicted to Stay Above 10%

Just in Time for a Holiday, a Hangover Cure

Russia to Establish Business Data Hubs

Metro Threatens to Slash Service Over Cuts

Stores Discount Luxuries, Hike Staples

If you are looking to buy a television set or a mink coat, Moscow retailers are offering plenty of discounts this holiday season. But if you are just trying to put bread on the table, prepare for a price shock. This year's Christmas and New Year's holiday season has brought Moscow more Western-style promotions and sales than ever. Meanwhile, however, some Russian managers still cannot drop the habit of hiking prices on the eve of the new year, city officials say. Pavel Marychev, director of the Moscow pricing policy department, said in an interview that food prices were rising by an average of 7 percent a week in December. That compares to a 14.1 percent general inflation rate for the entire month of November. ""We're talking about basic foodstuffs, like milk, bread and butter,"" Marychev said. ""Retailers hike prices several times a year, but always before New Year's."" He said that as many as half of Moscow's food stores were hiking prices to take advantage of high holiday demand.

Metro Threatens to Slash Service Over Cuts

Stores Discount Luxuries, Hike Staples

If you are looking to buy a television set or a mink coat, Moscow retailers are offering plenty of discounts this holiday season. But if you are just trying to put bread on the table, prepare for a price shock. This year's Christmas and New Year's holiday season has brought Moscow more Western-style promotions and sales than ever. Meanwhile, however, some Russian managers still cannot drop the habit of hiking prices on the eve of the new year, city officials say. Pavel Marychev, director of the Moscow pricing policy department, said in an interview that food prices were rising by an average of 7 percent a week in December. That compares to a 14.1 percent general inflation rate for the entire month of November. ""We're talking about basic foodstuffs, like milk, bread and butter,"" Marychev said. ""Retailers hike prices several times a year, but always before New Year's."" He said that as many as half of Moscow's food stores were hiking prices to take advantage of high holiday demand.

Investors Line Up for City Telephone

Stolichny Eyes Personal Savings

Cash Deals To Require Receipts

Leading Banks Form New Policy Group

GM, Russia To Produce Car Batteries

Western Union to Cash In on Rubles

Ostankino to Name Russian Investors

Ministry Drives Down One-Year T-Bill Yield

LUKoil Giant Set To Grow