Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Press Review

Vedomosti. Companies and Markets
Nezavisimaya Gazeta
Rossiiskaya Gazeta
Noviye Izvestia


Yan Nepomnyashchy, a 12-year-old schoolboy, from Bryansk, who represented Russia at the International Youth Chess Tournament in Greece, won it with flying colours, demonstrating Russia's continuing strength in this field. (1)

President Vladimir Putin has backed the initiative of the journalistic community that on Nov. 20 appealed to him to veto the amendments to the laws on mass media and terrorism, though he didn't agree with all of their complaints. (1, Kommersant,1,3, Rossiiskaya Gazeta, 1,3, Gazeta, 1,3, Vremya Novostei, 2, Vremya MN, 1,3, Komsomolskaya Pravda, 2, MK, 2)

The Beeline cellular network belonging to Vimpelcom did not work smoothly on Monday. The company's managers explain. (1)

Legislative assembly elections took place in the Krasnodar region on Sunday. A story offers preliminary results, focusing on the election's new scheme. (2, Kommersant, 4)

Unidentified terrorists Monday fired a car belonging to Turkmen President Saparmurat Niyazov, leaving one of his bodyguards seriously injured though Niyazov was unharmed. (2, Gazeta, 2, Vremya Novostei, 1, Rossiiskaya Gazeta, 1, Komsomolskaya Pravda, 4)

The government will sum up preliminary results of the tax reform on Dec. 5. Prime Minister Mikhail Kasyanov met with businessmen on Monday to hear their remarks and recommendations. (2, Kommersant, 1,2, Vremya MN, 3, Vremya Novostei, 2, Rossiiskaya Gazeta, 2)

Leaders of the United Russia party branch in St. Petersburg have voiced concern over certain local media publications, with the legislative assembly campaign in full swing. (2)

Military pilot and World War II hero Mikhail Devyatayev has died at the age of 85. A story describes his military career. (3)

The Pyatigorsk City Court on Monday sentenced Said-Magomed Chupalayev, 45, former head of the Chechen rebel headquarters, to 16 years in prison. Brief. (3, Kommersant, 5)

Audit Chamber head Sergei Stepashin was awarded a karate black belt at the Russian Embassy in Tokyo on Monday. Brief. (3)

The French Ambassador in Moscow on Monday awarded the French Order of the Commodore of Arts and Literature to Moscow Taganka Theater artistic director Yury Lyubimov. Brief. (3, Gazeta, 2)

The Kultura TV Channel today will air the program "The Club of Editors-in- Chief" with Moskovskiye Novosti editor Viktor Loshak as its host. (3)

Famed composer Rodion Shchedrin is celebrating his 70th birthday. A story highlights his brilliant musical career. (3)

Victims of the October terrorist act in Moscow lodged suits in court against the Moscow city government on Monday, demanding $2.5 million in compensation for their suffering. (3, Kommersant, 6, Gazeta, 1,3, Komsomolskaya Pravda, 6, Vremya Novostei, 1,2)

The Security Council session tomorrow will be devoted to the Far East's economic, energy and demographic problems that threaten national security. (4)

Canada released $5 million to help Russia destroy its chemical weapons. The foreign ministers of both countries Monday signed papers agreeing to this. (4)

The bailiff service recently marked its 5th anniversary. A story examines the functions and tasks of this little-known agency. (4)

The Agriculture Ministry has proposed to restructure agricultural enterprises' huge debts. A story reveals the essence of this acute problem, focusing on the ministry's proposal. (5)

Deputy Prime Minister Viktor Khristenko confirmed on Monday that the Railways and Transport ministries will merge. A story describes the project, explaining why it may happen not earlier than next spring. (5, Kommersant, 13, Vremya MN, 1)

Yakutia, over the next five years, plans to cut budget revenues from the diamond industry from 60 percent to 40 percent and to increase its revenues from oil. The major oil source will be the Talakanskoye oil and gas condensate deposit. (5)

The Dow Jones index last week grew by 2.63 percent, and the index of the NASDAQ high technology stocks by 4.08 percent. London's market rose, too, demonstrating investor optimism. (6)

The Economic Development and Trade Ministry is to submit draft amendments to the tax code that will ease the return of VAT on exported commodities, said Mikhail Orlov, head of the ministry's tax policy department. (6)

The Kola region in Soviet times was famous for its fish, but over the 12 years of reforms fishing vessels from the Murmansk fishing port moved to neighboring Norway, leaving thousands of workers jobless. A story describes the critical situation in this region. (6)

The Izvestia Supplement is devoted to the domestic book market. Poll respondents expressed frustration with the dearth of literature and culture books on store shelves. (9, 10)


The Prosecutor General's Office has launched an investigation into alleged embezzlement during the construction of the Moscow International Business Center. Several high officials have been questioned, and City-Energo was raided. (1)

Notorious gambler and card shark Roman Bernshtein, 55, was killed in Moscow on Monday. (6, Izvestia, 3, Gazeta, 5)

The Global Energy international prize will be awarded for outstanding discoveries, novelties and inventions in energy and energy engineering. Nobel Prize winner Zhores Alfyorov will chair the prize committee. A story describes the prize and its financial sponsors. (8, Vremya MN, 2)

The Moscow City Duma budget and financial commission on Monday recommended that the city revise the draft budget for 2003.(8)

The inter-regional teachers' organization on Monday discussed the academic grading system at the Education Ministry, saying that the five-level scale has become outdated. (8, Gazeta, 2, Vremya Novostei, 3, Komsomolskaya Pravda, 3 MK, 1,2)

Alexander Ryazanov, deputy head of Gazprom's management board, stated Monday that the company will halve Itera's gas shipments to Ukraine. Itera responded that certain third forces are trying to discredit its relations with Gazprom. (13, Gazeta, 9, Vremya Novostei, 7)

The Internet usage rules will change starting Dec. 1. Following the suit, two leading domestic providers -- Golden Telecom and MTU-Intel-- will raise their prices on the wholesale market of the traffic. (13)

China has set bauxite export duties for at 230 yuan ($27.78) per ton. Several conditions on exporters have also been imposed. (13, 20)

Economic Development and Trade Minister German Gref caused a small uproar when he said he disagreed with draft amendments to the law concerning non-state pension funds, calling it dangerous in its present form. (14)

The Moscow Inter-Bank Currency Exchange decided Monday to lower tariffs on currency trade. It was forced to do so by the Central Bank's decision canceling the obligatory sale of currency proceeds on exchanges as of Dec. 1. (14)

The State Customs Committee and of the World Customs Organization today are expected to sign an agreement opening a WCO training center in Lyubertsy together with the Russian Customs Academy. The WCO's director explains what his organization would like to teach Russian customs officers. (15)

Pavel Krasheninnikov, head of the State Duma legislation committee, submitted draft amendments to the law on state registration of legal entities. (15)


The Finance Ministry entrepreneurship council responded to oligarchs, who had made 13 tax proposals. A story examines their initiative, explaining why it was not successful. (A1)

Sibneft is hastily raising money to buy part of Slavneft's state-run stock. The company announced on Monday the placing of this year's second eurobond issue, worth $500 million. (A1)

The European Bank for Reconstruction and Development has found that big holdings are adversaries of small businesses. For example, some restrict the flow of capital from raw material sectors to small enterprises in the high-tech sector so as to stifle them. (A1)

Former Nord Ost theater hostages are demanding compensation from the Moscow city government in a legal suit. Brief. (A1)

Turkmen President Saparmurat Niyazov's car was fired on Monday, injuring a bodyguard but not the president. Brief. (A1)

The Nature Ministry has launched a new system for licenses for surveying and developing mineral resources. (A2)

The Finance Ministry has submitted to the government a final draft bill on currency regulation. A story looks at the wording. (A3)

The domestic economy at the beginning of the fourth quarter is entering another stage of stagnation. A turn toward export-oriented development based on raw-materials is becoming manifest, meaning the economy 's dependence on world raw materials markets is intensifying. (A3)

The president and the government are displeased at the fact that many mineral extracting companies fail to meet the terms of the licenses they have received from the government to develop deposits. Officials feel such companies are getting rich at the expense of public wealth. (A4)

Boris Jordan, NTV and Gazprom Media director general, speaks about his company's preliminary positive financial results for the year, about new problems and about future plans. (A5)

Vedomosti. Companies and Markets

The American AES corporation intends to sell large packages of stock in Ukrainian companies Kievoblenergo and Rivneoblenergo that it bought for $70 million a year ago. Among potential buyers are Unified Energy Systems company and VES energy company. (B1)

The Zenit Bank Council late Monday night gathered shareholders to discuss merging Zenit and Ak Bars bank. (B1)

The Energy Ministry, the Moscow Inter-Bank Currency Exchange and the London IPE Exchange in early 2003 intend to offer investors a new market instrument -- oil futures. (B1)

J.P. Morgan Fleming in December intends to launch a fund, which it considers the first British investment fund to be oriented exclusively toward the Russian stock market. The London-based J.P. Morgan Fleming Russian Securities Fund will replace the Fleming Russia Securities Fund, opened in 1994. Brief. (B1)

Gazexport, a subsidiary of Gazprom, has signed a framework agreement with Germany's WINGAS on spot trading. The document envisages delivery of Russian natural gas through the WINGAS firm, which owns the gas transport pipelines in Germany. Brief. (B1)

LUKoil's announced deal to sell its share in the Azeri-Chirag-Gyuneshli marine deposits project to a Japanese company may not take place. BP is considering whether it will use its right to buy this share. (B2)

MDM Group decided to add enterprises in the Komi Republic to its coal business, announcing on Monday the creation of Pechorugol, a company with stock in Vorkutaugol and Intaugil. (B2)

Sovkomflot, a leading domestic steamship-line, announced the opening of a regular cargo route that will connect the St. Petersburg's Petrolesport with ports in northern Germany. (B2)

Facts and figures for the domestic sugar market, showing stability over the past week. (B4)

Vneshtorgbank and Italy's Mediobanca investment bank on Monday signed a cooperation credit agreement. (B5)

Nezavisimaya Gazeta

Strained Russian-Danish political relations over Chechnya may grow into trade war. Danish commercial authorities are talking seriously about "discrimination" on the Russian market. Copenhagen, temporary head of the European Union, may raise the issue before all 15 EU countries, and bilateral tensions could worsen Moscow's relations with its major trade partner -- the European Union. A story comments on the issue. (1,3)

Gazprom made public Monday a new strategy of its work in the regions. The company doesn't conceal that the revision of its relationships with the regions and its local subsidiaries is linked to the upcoming elections. A story looks at Gazprom's new strategy. (1,3)

President Vladimir Putin has given a head start to one more reform. Late last week he submitted to the State Duma a draft bill concerning the system of the state service. A story reveals its essence. (2)

Despite government officials' statements that the securities market does not need to draw funds from world financial markets, the Central Bank is drafting documents which outline the procedure of giving non-residents official access to the GKO market. That access was closed after the 1998 default. A story examines the situation on the domestic securities market, saying that foreign money (illegally) takes up the one-fifth part of that market. (3)

Yegor Gaidar, Director of the Institute of the Economy of the Transition Period, stated Monday that the reform of inter-budgetary relations will become the central theme of economic discussions in Russia in the next year or two. What made Gaidar say this was that the government has begun reforming the system of funding regional and local administrations. A story reveals the essence of this reform, saying what it can lead to. (3)

Professor Viktor Avksentyev of the Stavropol State University in Stavropolye is accused of fanning up ethnic strife. A story examines his case. (5)

LUKoil's share in Azeri-Chirag-Gyuneshli, the biggest oil project in Azerbaijan, will most probably be bought by British Petroleum. A BP source stressed that they have the right to buy this share. A story comments on this statement. (6)

Rossiiskaya Gazeta

The Security Council session tomorrow will be devoted to the problems of the Far Eastern region, with Konstantin Pulikovsky as its presidential representative. In an interview he speaks about specific features of his region, focusing on its social, economic and financial problems. (2)

The domestic Customs Service, , for the first time in its history, began on Nov. 25 to impose electronic versions of all necessary documents. State Customs Committee head Mikhail Vanin commented on the novelty. (2)

The British Zenith Optimedia Group company has published a rating (given here) of European newspapers that was compiled on the basis of 2001 results. Three Russian newspapers, including Rossiiskaya Gazeta, have found themselves among 100 leading newspapers in Europe. A story comments on the. (3

President Vladimir Putin will pay an official visit to Beijing Dec. 1 to 3, the 10th Russian-Chinese summit. RG observer Vsevolod Ovchinnikov, member of the Russian-Chinese Friendship and Peace Committee, examines major documents that were signed during previous summits and several priority issues that will be discussed during this summit. (7)

In an interview, Mikhail Fradkov, Director of the Federal Tax Police Service, sums up results of his agency's work over the 9 months of this year. (9)

The Republic of Marii El in October celebrated its 450th anniversary of its existence as part of Russia. The republic only 2 years ago owed money to the federal budget, but today the situation is improving. A story gives figures to illustrate the point. (10)

In an interview, Nobel-Prize winner Zhores Alfyorov speaks about research associates from the Academy of Sciences, who today are working abroad. He also talks about his brainchild -- the Physical-Technological University he is creating now. RG Nauchnaya Supplement. (III)

Noviye Izvestia

Valentina Melnikova, Executive Secretary of the Union of Soldiers' Mothers Committees, stated Monday that about 2,000 servicemen perish annually in the army, and this toll is not connected with military operations. Brief. (1

Sociologists from the group said 64 percent of Muscovites support the State Duma' s proposal to limit beer advertising in television. The brief offers other figures on results of the latest telephone opinion poll (more than 800 Moscow respondents.) (1)

At the recent conference in Volgograd devoted to the 60th anniversary of the Soviet Army's counteroffensive outside Stalingrad, Deputy Speaker of the Regional Duma Vladimir Andropov read out the Duma's appeal to the president with a request to rename the city Stalingrad. A story examines supporters and opponents of this initiative. (1,5)

Presidential representative in the Ural District, Pyotr Latyshev, plans to create an Expert Council that would control regional mass media outlets. He spoke about the need to impose censorship during his recent trip around the Ural districts. A story looks at the plan with a critical eye. (1,2)

Former Head of the State Duma Economics Committee Sergei Glazyev sheds light on behind-the-scenes relations between State Duma pro-government factions (and individual deputies) and the Finance Ministry, focusing on the way how the ministry "makes" deputies vote for the budget. (2)

Agriculture Ministry officials before the end of this week should meet with leading meat importers who intend to come up with threats to suspend meat imports to Russia. In their opinion, its import is being limited without any reason. (4)


The sunken Russian trawler Prestige has caused an ecological catastrophe off the coast of Spain, the liquidation of which will cost Russia $2.5 billion, and it will take 10 years to fix the environmental damage. A story describes the trawler's sinking. (1,13)

Human rights groups last week discussed a new policy -- the creation of a FSB with a human face. Will this policy help unite the split human rights movement? A story attempts to answer this question. Three highly-regarded human rights activists answer the following question -- Why has the human rights movement lost its influence on federal and regional authorities ? (2,3)

The newspaper offers excerpts from the report by Glasnost Fund head Sergei Grigoryants, who read it at the conference called "Participation of Special Services in Managing the Country".(3)

Irina Khakamada, a co-leader of the Union of Right Forces Party, believes that corruption in special services is partly responsible for the October terrorist act at the Dubrovka theater. A story explains why she thinks so. (6)

The draft bill on countering corruption will probably become a law at last, but will it work. State Duma deputy Boris Reznik, spokesman for the State Duma Anti-Corruption Commission, shares his view on the bill. (8)

CIS central bank heads late last week discussed the possibility of imposing a single currency in CIS countries. Does the Russian ruble have a chance to play the role of the single currency? In an interview former Central Bank head Alexander Khandruyev shares his negative view on the issue. (9)

In an interview Czech former Prime Minister Vatslav Klaus speaks about the NATO summit and its historic significance. He also assesses the present state of relations between the former Soviet states and NATO. (12)

The issue of Chechnya, above all the recent arrest of Akhmed Zakayev, has worsened Russia's relations with Denmark. A story examines the opposite stands on Chechnya shared by Moscow and Europe. (14)

The Russian Communications Ministry maintains contacts with the Polish Catholic radio station "Maria", with its credo being fundamentalism and xenophobia. (20)