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. Last Updated: 07/27/2016

Press Review

Vedomosti. Companies and Markets
Nezavisimaya Gazeta
Rossiiskaya Gazeta
Komsomolskaya Pravda
Moskovsky Komsomolets


Orthodox priest Father Philipp charged the Iz. reporter with distorting several of his pronouncements concerning his previous testimony to the Prosecutor General's office on his 1996 abduction in Chechnya. The priest at a news conference Tuesday refused to comment on facts linked up to his abduction and a possible involvement of Chechen emissary Akhmet Zakayev in it. (1,2, Kommersant, 4, Rossiiskaya Gazeta, 2, Vremya Novostei, 2, Komsomolskaya Pravda, 3)

US President George W. Bush speaks about his forthcoming meeting with Vladimir Putin in St. Petersburg and about issues he would like to discuss with him (above all, NATO expansion,Chechnya and about his further steps on Iraq). (1,3, Vremya Novostei, 2, Vremya MN, 2, Komsomolskaya Pravda, 2)

Dmitry Kozak, deputy head of the presidential administration, reveals the essence of a new draft bill concerning the public order guarding bodies. He says that the militia will cease to exist in its present form and that new bodies will replace it. (1,4)

President Vladimir Putin Tuesday visited Reutovo's machine-building production firm and its Russian-Indian joint venture that is making a super-sonic anti-ship winged rocket "BraMos" on the basis of the similar Russian rocket "Yakhont". A story describes what the president was shown and his good impressions. (2, Kommersant, 2,Rossiiskaya Gazeta, 2,Vremya Novostei, 2, Komsomolskaya Pravda, 2, Vremya MN, 2)

LUKoil Tuesday announced the placing of converted bonds worth $350 million. On Friday Belarus intends to put up an auction to sell its part of stock in Slavneft, and in December Russia will sell its shares in this company. A story n comments on these deals. (2, Vremya Novostei, 5, Gazeta, 11)

The SPS public commission Tuesday made public results of the independent investigation into the actions of the special services to rescue the hostages on Oct. 26 at the Dubrovka theater. A story examines results, focusing on the commission's conclusions. (2, Kommersant, 3, Gazeta, 2, Vremya Novostei, 1,2, Vremya MN, 2

Chechen leaders Tuesday sent a letter to President Vladimir Putin that describes a critically tense situation in the republic due to federals' outrages after the terrorist act at the Dubrovka theater in Moscow. A story reveals the content of the letter. (2)

Gazprom's Board of Directors Tuesday stated that the company managed to fully place the issue of its 5 billion ruble bonds. The demand was 9.1 billion. A story notes the company's successful deal. (2, Kommersant, 14, Vremya Novostei, 1, Vremya MN, 2)

The Main Board of Cracking Down on Economic Crime Tuesday stated the main version of reasons as a result of its investigation of the murder of Magadan governor Valentin Tsvetkov.A story examines it in detail. (3, Kommersant, 6)

Unidentified gunmen in the Sea of Japan Tuesday seized the Russian trawler "Tulin". A story gives details. (3, Kommersant, 1)

Tbilisi vandals Tuesday attacked the statue "The Good Deed Defeats the Evil" by artist Zurab Tsereteli. Local law-enforcement officers believe that the vandals hunted for non-ferrous metals. (3, Kommersant, 6)

UN agencies next year will allocate $33 million to help people, who have suffered from the Chechen conflict.This was stated Tuesday by Rosemary Maccrity (Sp.?), UN Acting Humanitarian Aid Coordinator for Russia, Ukraine and Belarus. A story describes how this money will be spent. (4, Kommersant, 4)

In their telephone conversation Tuesday the presidents of Russia and Belarus discussed urgent issues that have emerged lately in the sphere of bilateral cooperation and building the Russia-Belarus Union. According to the Belarussian presidential press service, the Russian side has proposed to conduct a summit without delay to discuss issues demanding both presidents' interference. Their meeting could take place on Nov. 27. A story comments on the European Union's negative steps toward Belarussian President Alexander Lukashenko (4)

The Shanghai Organization of Cooperation so far has no intention to admit new members. A regular session of foreign ministers is scheduled for Nov. 22 in Moscow. (4)

Magnitogorsk Metals Combine Director-General Viktor Rashnikov and Novolipetsk Metals Combine Board of Directors head Vladimir Lisin Tuesday announced a possible merger of their companies. If this happens, Russia will obtain a holding that will be included in the first 10 world leading ferrous metals enterprises. A story comments on the preliminary decision. (6, Kommersant, 16)

US Deputy Commerce Secretary Faryar Shirzad (Sp. ?) and his Russian colleague Maxim Medvedkov, Deputy Economic Development Minister, Tuesday signed an agreement on increasing the quota on the delivery of Russian semi-finished steel products (slyabs) to the USA.A story comments on the document.(6, Kommersant, 16

The Moscow International Business Association's working group Tuesday presented "The Ten Commandments for Businessmen". A story examines how experts regard it. (6)

The growth of the gross domestic product in the 10 months of this year amounted to 4 percent. This was stated Tuesday by First Economic Development Minister Ivan Materov. Brief. (6)

Russia's exports to the European Union states in January- August of this year decreased by 6 percent, as compared with the figure for the same period last year. Brief. (6)

The Sakhalin Energy Investment Co. will be unable to launch the second stage of the $8.5 billion - Sakhalin-2 project. The brief says why. (6)

Famed actor Mikhail Ulyanov today is celebrating his 75 birthday. A story features his brilliant theatrical and cinema career. (8, Kommersant, 22, Gazeta, 1,7)


Gazprom has selected a buyer for 49 percent of stock of Gazprombank-- it will be International Industrial Bank (MPB). A story, commenting on this news, says that it's real sensation, because if the deal takes place, then a new banking group will be the second large one after Sberbank. (1)

The NATO summit is expected to open in Prague tomorrow. A story examines its agenda and participants, focusing on how the world surrounding Russia and Russia's foreign policy have changed lately. (1,10)

At his meeting with President Vladimir Putin on Tuesday, Defense Minister Sergei Ivanov presented a concept of the armed forces' transfer to the contract army service system that has been drafted by the Defense Ministry and the General Staff. A story looks at its major provisions. (2)

Chechen Security Council Secretary Rudnik Dudayev has been appointed new head of the apparat of the Chechen administration. A story comments on the appointment. (4)

Wal-Mart Stores Inc., the world leading trading company, has chosen its way of entering the Russian market.-- the company will begin to build a network of its supermarkets in Moscow next year, and the German Real Holding GmbH will be responsible with its construction. A story examines the company's ambitious plans. (13)

The Presnensky District Court Tuesday resumed the ban on deals with the realty of Ingosstrakh, Avtobank and other structures that previously belonged to businessman Andrei Andreyev. And the day before the same court resumed the freezing of these companies' stakes. A story comments on the court decisions.(13,14)

The Moscow gvt will launch the creation of the city digital telecommunications network, the largest and most ambitious telecommunications project, before the end of this year. A story reveals its essence and cost. (13)

During Prime Minister Mikhail Kasyanov's visit to France, both sides decided that the conflict between the National Reserve Bank (NRB) and the Credit Agricole Indosuez (CAI) bank should be resolved in February 2003. A story reveals the essence of the conflict, focusing on the final decision. (15)

The Russian Commercial Bank Management Board in Zurich today will hold a session to discuss personnel changes in this Russian bank abroad. Its owner --Vneshtorgbank -- in this way is continuing the policy of purges in the leadership of its subsidiaries. (15)

The Most company belonging to Moscow entrepreneur Mikhail Bolotin has launched the creation of a non-commercial partnership " Traktorniye Zavody" (Tractor Plants) with the core being Promtraktor (in Cheboksary), Lipetsk Tractor and the Vladimir Tractor Plant that all belong to Most. A story examines Bolotin's plan. (16)

The St. Petersburg "Vena" brewery leadership Tuesday at a meeting with its dealers announced the upcoming cuts of the enterprise's expenses. A story comments on the decision, focusing on first victims. (17)

The Chernogolovka distillery on Friday will begin to distill vodka Stolichnaya and Moskovsksaya by the license from Soyuzplodimport. Brief. (17)

The Museum "Arkhangelskoye" has received a $50,000 grant from the World Monuments Protection Foundation. A story describes the physical state of this 18th century country estate, focusing on its major renovation project. (22)

American film star James Coburn has died at the age of 75. A story describes his cinema career. (22)


The international Sakhalin Energy consortium threatens to suspend the $8.5 billion Sakhalin-2 project. Sakhalin Energy Executive Director Steve McVeigh in London on Tuesday explained the situation. (A1)

The leadership of the financial corporation NIKoil decided to invite priest Father Ioann to work in the company. He is famed actor, script-writer and feature journalist Ivan Okhlobystin. A story comments on the decision. (A1)

The Gazprom Board of Directors held a session Tuesday to discuss several significant issues including the liberalization of the monopoly's stock market and the increase of its state-controlled package of stock. A story examines what the session has and what it has not managed to resolve. (A1)

In early December President Vladimir Putin will go to India to discuss bilateral military and technical cooperation. In India Putin will probably sign an export contract on selling to India the aircraft-carrier Admiral Gorshkov, the most expensive and imposing contract. And on Tuesday the president visited the Mashinostroyenie research-production association in Reutovo (Moscow region) to see how Russian-Indian rockets are being assembled there. (A2)

Fourteen of the 15 EU member-states decided Tuesday not to issue entry visas to Belarussian President Alexander Lukashenko. A story comments on this, focusing on its positive unanimous decision. (A2)

The Economic Development and Trade Ministry announced Tuesday economic forecasts for this year. The ministry assures that, thanks to the consumer boom, the economy this year will grow by 4.1 to 4.2 percent. A story gives several other optimistic figures on separate economic branches. (A3)

The Metals Exporters Union Tuesday submitted figures to the Economic Development and Industry and Science ministries. (A3)

Mandatory car insurance for drivers is becoming ever more expensive. How much should it cost? Five experts share their viewpoints on the issue. (A4)

In an interview Tyumenenergo director-general Artyom Bikov shares his view on electrical energy reform, focusing on how his company will be reformed. (A5)

Vedomosti. Companies and Markets

The leaderships of the Magnitogorsk and Novolipetsk metals combines Tuesday announced their desire to consolidate their assets. Their competitor Eurazholding is close to making an alliance with the Mikhailovsky GOK and the Sokolovsko-Sarbaisky metals enterprise in Kazakhstan. (B1)

President Vladimir Putin Tuesday met with head of Siberian-Ural Aluminum Company Viktor Vekselberg, head of the Tyumen Oil Company Management Board, to discuss issues pertaining to the production sharing agreements and the law on mineral resources. Brief. (B1)

The Surgutneftergaz leadership has shown interest in participating in an auction to buy 10.83 percent of stakes of Slavneft that belong to Belarus, said the Belarussian presidential press service on Tuesday. Brief. (B1)

Norilsk Nickel in October of this year drew from bank credits worth $176 million. This is stated in the company's documents. Thus, Norilsk Nickel signed treaties on a $20 million credit with ING Bank (Eurasia), on a $30 million credit -- with the Trust and Investment Bank, and a $126 million credit -- with Rosbank. Brief. (B1)

The Japanese company Inpex, 50 percent of stock of which belongs to Japan National Oil Corporation, is in talks on the purchase of LUKoil's share in the Azeri-Chirag-Gyuneshlu project. Brief. (B1)

The MDM Financial Group has presented its consolidated report according to international standards. Analysts assessed its provisions as positive. (B1)

The Transport Ministry rather than the International Airlines Association will collect fees from foreign airlines. A story describes the new system, saying that it's the first step to changing the whole system of payments by the foreign air-carriers. (B2)

Gazprom has decided to freeze the ambitious project of building a plant to make large-diameter pipes on the basis of the Nizhny Tagil metals combine. The Gazprom Board of Directors on Tuesday refused to sign a long-term contract on buying the combine's products, and without it, shareholders of the new enterprise will hardly be able to raise money on its construction. (B2)

General Motors' subsidiary in Sweden -- Saab -- has to restructure its business in order to minimize its losses. The company plans to cut its personnel and give up several of its expansion projects. (B2)

The Federal Securities Commission wants 20 leading brokerages to submit their daily accounting reports. Market participants believe that the book-keeping agencies are not ready for it so far. (A5)

Nezavisimaya Gazeta

The Gazprom monopoly is making new efforts to gain back its strong position on the markets of the former Soviet republics. A story looks at its concrete steps in this direction. (1,3)

NATO at the forthcoming summit in Prague is expected to admit another seven European states. A story comments on this act, saying that Russia at all levels opposes NATO expansion and has lost the "battle" again. (2)

Chief state physician Gennady Onishchenko believes that vodka producers have found ways of evading excise taxes -- they allegedly make alcohol-containing liquids, hinting at their possible use as drinks. The problem of distillery and sale of alcoholic drinks goes far beyond the limits of the economy. Onishchenko gives concrete facts to illustrate the point. (3)

The newly-created European Council of Religious Leaders in Oslo on Nov. 11-12 held its first session. A story describes the new body, its participants, functions and tasks. NG Religii Supplement. (1)

Clergyman Igor Kovalevsky, secretary of the Conference of Catholic Bishops of Russia, examines major reasons behind the conflict between the Roman Catholic Church in Russia and the Russian Orthodox Church. NG Religii Supplement. (1)

According to the Orthodox Believers, Brezhnev has remained the benefactor of the Church, while Nikita Khrushchev remains its persecutor. A story examines factors that confirm this. NG Religii Supplement. (1,2)

Rossiiskaya Gazeta

The cargo-200 (a coffin) which Sunday arrived in Krasnodar from Magadan with fake documents, turned out to contain 250 kilograms of smuggled red caviar. A story gives details of this criminal deal. (1,2)

Document. Federal Law. The Civil Procedural Code of the Russian Federation, approved by the Federation Council and signed by the president. Full text. A commentary. (1, 9-16)

All Unified Energy Systems (UES) regional subsidiaries have received special certificates saying that they are ready for winter. It means that there won't be any regional fuel or energy crises this winter. A story describes the new documents. (2)

The body of Mikhail Kolomiyets, 44, director and editor-in-chief of the Ukrainian economic information agency "Ukrainian News," who disappeared in October, has been found in Minsk. Alexei Petrunya, editor of the international affairs section of the newspaper "Pravda Ukrainy" said what he thought of the case. (2)

A State Duma representative commission comprising all factions discussed a tense situation around the Kotlass Pulp and Paper Combine in the Arkhangelsk region, a leading domestic enterprise in the timber-logging industry. For the whole year it has been a center of a lingering corporate conflict. A story describes the situation in and around this enterprise, focusing on reasons behind big corporate conflicts. (3)

The Yabloko party today has more than 20,000 members and branches in 70 regions. Its State Duma faction has 17 deputies. Its leader (since 1993) Grigory Yavlinsky talks about his party's ideology, its allies, about public opinion in Russia and its creators. He also speaks about what he thinks of Chechnya and its leaders' behavior during the recent tragic events in Moscow. Yavlinsky talks about his party's possibility to become the party of the majority and about his view on Russia's stand on the Iraqi problem. (4)

Political scientist Kara-Murza and sociologist Leonid Sedov present their in-depth analysis of all aspects of the Yabloko party which, in their opinion, is a European style party. In comparison with the Union of Right Forces (SPS) party, Yabloko is a more leftish, liberal party. (4)

What do experts in the NATO Headquarters in Brussels think of the forthcoming NATO summit in Prague? A story answers this question. (5)

Komsomolskaya Pravda

An extraordinary conference titled "Concerning Chechnya" is expected to take place in Denmark on Friday when about 150 people will get together to discuss the situation in the republic and the arrest of emissary Akhmed Zakayev. The conference is to be sponsored by the international committee in Zakayev defense. A story describes this forthcoming event, saying who supports and who opposes it. (3)

The Education Ministry's initiative to introduce the Fundamentals of Orthodox Culture as a new subject in the public schools has a caused controversial response. Nine policy-makers, State Duma deputies, economists, actors, artists and priests share their views on the issue. (3)

President Vladimir Putin sharply criticized his economic adviser Andrei Illarionov for his behavior at the recent Boston Investment Forum. A story describes Putin's tough remarks. (3)

A feature story describes how spaniel Alma in a Vladivostok forest a week ago found a new-born girl wrapped in dirty rags, whom her mother left to die in a ditch in the frost. (5)

State Duma deputies Vladimir Zhirinovsly and Viktor Ilyukhin are doing everything in their power to strip former President Boris Yeltsin of his social benefits. A story examines their actions, saying that Yeltsin and his family annually cost the budget 40 million-50 million rubles. (4)

The Moscow city government through its decree Tuesday endorsed a draft bill concerning animals.The draft will be submitted to the City Duma in a couple of days. A story offers excerpts from the most interesting articles of the draft. (6)

The Moscow government decided to close all commodity markets on the city stadium by Jan.1, 2003 . A story comments on the city government's decision. A list of such markets is included. (7)

Moskovsky Komsomolets

A story describes how a pack of stray dogs has been savagely killed in Moscow's District Perovo. (1,2)

Economist Alexander Livshits, former Finance Minister, comments on several negative developments in the domestic economy today, focusing on reasons behind the lack of investments. (2)

A story describes the underground arms market -- that offers buyers any types of firearms and submachine-guns. (3)