Articles by Svetlana Petrova



A Terminal Situation

Hundreds of small players will soon be squeezed out of the $10 billion electronic terminal market, while new regulations could end up bringing the entire industry to a halt.

Deripaska Foiled Again as Share Emission Blocked

Aluminum and industrial tycoon Oleg Deripaska's plans to create a super insurance holding have been stymied once again by adversary Andrei Andreyev.

Alfa Looks to Buy 28 Regional Banks

Alfa Bank has announced plans to buy 28 regional banks as part of its nationwide expansion, changing its previous strategy of forming new branches from scratch.

Alfa Bank Buys 20% of Konversbank

Alfa Bank has purchased some 20 percent in Konversbank in its efforts to wrest control of the bank from MDM-Group on behalf of the Nuclear Power Ministry.

IMB Chairman Uses Merger as Springboard

Chairman of IMB, Illka Salonen, says his bank has plans to strengthen its position in the regions, in retail-banking and in its work with small and medium businesses.