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. Last Updated: 07/27/2016

Press Review

Vedomosti. Companies and Markets
Rossiiskaya Gazeta
Noviye Izvestia
Komsomolskaya Pravda
Moskovsky Komsomolets


An agreement has been reached to return to Russia the Icon of the Mother of God of Kazan currently being kept at the residence of Pope John Paul II. An article comments on the decision focusing on the long and complicated negotiations leading up to it. (1, 2)

Boris Jordan on Tuesday officially announced his resignation as director-general of NTV. An article comments on his official statement. (1, Kommersant, 1, 3, Rossiiskaya Gazeta, 3, Gazeta, 1, 3, Noviye Izvestia, 2, Vremya Novostei, 1, Vremya MN, 1, Nezavisimaya Gazeta, 1, 2, Komsomolskaya Pravda, 3, MK, 1, 2)

TVS head producer Alexander Levin announced his resignation Tuesday, though he will continue to work in this capacity through till Jan. 31. In an interview, TVS director-general Ruslan Terekbayev attempts to explain the situation. (1, 3, Kommersant, 3, Gazeta, 3, Vremya Novostei, 2)

The Arkhangelsk Arbitration Court has ruled in favor of the private oil company Severnoye Siyaniye in its suit against the administration of the Nenets autonomous district. Over the course of the entire year, district administration head Vladimir Butov had failed to formally grant the company a license to extract oil. According to the court's decision the administration is required to pay the company 532 million rubles, which could bankrupt the district. An article examines decision. (2)

Defense Minister Sergei Ivanov on Tuesday inspected the troops in the Volga-Ural Military District, arriving without warning at the 81st Motor-Rifle Regiment base. The minister was pleased with the regiment's combat readiness and training. An article describes Ivanov's visit. (2, Kommersant, 3)

KPRF spokesman Sergei Reshulsky at a State Duma Council session Tuesday stated that the Communists will demand that a no-confidence vote be put on the State Duma's agenda. An article examines the reasons behind this demand. (2, Kommersant, 4, Noviye Izvestia, 2, Gazeta, 2, Vremya Novostei, 2, Vremya MN, 2, Nezavisimaya Gazeta, 2)

Gazprom's board of directors Tuesday decided to release $1 billion in eurobonds in the first quarter of this year. An article comments on the decision, saying that not all board members agree on how this money should be spent. (2, Gazeta, 9,10)

Prime Minister Mikhail Kasyanov at a government session on Tuesday discussed preliminary details of the 2003 to 2005 economic program, which has been in the works for several years already. An article summarizes the session. (2, Vremya MN, 2)

About 20 foreign employees -- primarily from upper management -- of the Russian branch of IKEA are unable to return to Moscow from Sweden due to procedural changes in the issuance of invitations for entry into Russia. Brief. (3)

In accordance with the new labor code, Aeroflot management Tuesday signed a collective agreement. Brief. (3 , Vremya Novostei, 8)

Oleg Orlov, head of the human rights organization Memorial, stated Tuesday that about 150 Chechens had filed suit in the European Court of Human Rights, accusing the Russian military of violating their rights. On Jan. 16 the court accepted six such cases. Orlov states that these people have made all possible attempts to resolve their cases in Russian courts. An article challenges this assertion. (3)

Emergency Situations Minister Sergei Shoigu on Tuesday issued official results of recovery efforts after catastrophic June floods in southern Russia. An article examines specific results in several districts. (3)

The Krasnoyarsk Regional Court is Wednesday expected to consider a demand from the Central Election Commission that the existing regional election commission be dissolved due to legal violations. An article offers proof of these violations. (4)

Issues relating to alcohol production and consumption in Russia over the past years have reached a critical point. This is the claim of an official Health Ministry. document regarding the state's alcohol policy. Brief (4)

Another round of Russian-Lithuanian negotiations will take place in Vilnius tomorrow over the technical details of transit to and from Kaliningrad. An article examines several controversial points in the Lithuanian position. (4)

Georgian Parliament Speaker Nino Burdzhanadze in Moscow on Tuesday met with Federation Council Speaker Sergei Mironov and Security Council Secretary Vladimir Rushailo. An article discusses the positive results of their negotiations. (4)

Two new facilities for the nuclear attack early warning system were put into operation in 2002. Space Troops Commander Anatoly Perminov discussed this on Tuesday. (4 )

The State Statistics Committee Tuesday made public 2002 industrial production growth statistics. The 3.7 percent growth is less than was expected by the Economic Development Ministry. An article comments on the committee's report, examining the reasons behind the looming industrial crisis. (5)

The fate of Unified Energy Systems' reform may be decided on Feb. 4. An article explains why the State Duma postponed the original Jan. 22 date for examination. (5)

State Duma deputies Tuesday tried to decide the fate of the production-sharing agreements (PSA). An article examines different remarks made in defense of the PSA. (5, Kommersant, 14)

Cisco Systems president and executive director John Chambers arrived in Moscow on Tuesday. His company is a leading producer of materials for building Internet infrastructure. An article describes his company and the aim of his visit. (5)

The Audit Chamber on Tuesday made public the results of its late 2001-early 2002 performance analysis of the Tax Ministry. An article examines major results. (5)

The Baltika brewery Tuesday opened a new facility in Samara. The facility is a $55 million investment. Brief. (5)

Leading domestic cellular communications operator Mobile TeleSystems (MTS) has suspended the purchase of shares of Ukrainian Mobile Communications (UMS) from its present owners. A brief explains why. (5)

The Anti-Monopoly Committee of Ukraine on Tuesday allowed Russian Gazprom and Ukrainian Naftogaz Ukrainy to create a consortium for jointly managing the Ukrainian gas transportation system. Brief. (5)

Oil-Invest, representing the interests of Sibneft and the Tyumen Oil Company, on Jan. 18 paid $1.86 billion for 74.95 percent of Slavneft. Brief. (5, Kommersant, 13)

Several weather experts, including one from the state meteorological service, are discussing global warming and its effects on human activities and health. (7)

Defense Minister Ioannis Papandoniu of Greece, which has the EU presidency for another six months, has called on European Union states to considerably increase defense spending. In an interview he explains his call for closer military cooperation between the EU and Russia .


A new state-controlled structure called the All-Russian Sports Confederation will be created soon to exercise control, including financial, over the Russian Olympic Committee (OCR) and the State Sports Committee. An article comments on the OCR session. (1, 24)

President Vladimir Putin and regional governors at a session of the State Council Presidium on Tuesday discussed measures aimed at boosting economic cooperation and trade and cultural contacts with CIS states and other neighboring countries. A story examines these issues, focusing on the president's remarks and recommendations. (2)

Moscow Vice-Mayor Valery Shantsev on Tuesday publicly commented on the recent Moscow City Court decision to declare the Moscow Vice-Mayor elections illegal. Shantsev promised to fight for his post. (3)

Chechnya's Prosecutor Vladimir Kravchenko on Tuesday stated that he intends to lodge a complaint in court against administration head Akhmat Kadyrov, who has appointed the finance minister in violation of existing procedure and who has ignored the prosecutor's protest regarding this issue. (4)

Hostages from the Dubrovka theater in the Moscow Tverskoi Court on Tuesday told how they were discharged from hospitals without complete treatment. They claim authorities wanted to conceal the scale of the tragedy. An article gives details. (5)

Nine out of the 24 Ukrainian hostages at the Dubrovka theater intend to file suits against the Moscow government. They will be represented by lawyer Igor Trunov, who is defending the interests of Russian hostages. (5)

Magadan investigators have completed their investigation to determine the motive behind the murder of governor Valentin Tsvetkov. An article examines results made public Tuesday by regional interior official Yury Gorshkov. (6)

PACE Commission on Chechnya head Lord Jadd Tuesday met with Russian human rights activists, who do not believe that Jadd sincerely intends to defend the rights of Chechens. An article describes the meeting. (7)

The Education Ministry at a special session on Tuesday discussed the serious and urgent problem of resettling orphans. An article examines the session's decisions. (7)

The Moscow government Tuesday endorsed a program of housing and other types of construction in Moscow for 2003 to 2010. An article looks at the document, focusing on its three major tasks. (7)

The Lithuanian Foreign Ministry Tuesday made public an official list of documents allowing people traveling from Russia to the Kaliningrad region to cross the Lithuanian border. The list excludes military documents and birth certificates. An article discusses the list of documents. (8)

The Lithuanian Foreign Ministry and Defense Ministry on Tuesday stated that they had received official letters from Washington requesting support for a U.S. military operation in Iraq. Estonia and Latvia are also preparing to take part. (10)

The Union of Social Advertisement Creators on Tuesday held its initial meeting with the participation of ADV and BBDO, two leaders in the domestic advertising market. An article describes the new organization, its tasks, duties, initiators and participants. (13)

Two-way exchange rates for the Russian ruble appeared on the Chicago Stock Exchange on Tuesday for the first time since 1998. Thus, the Chicago Exchange has put the Russian ruble back onto the list of recognized world currencies. (13)

The Central Bank on Tuesday submitted to the State Duma its own draft amendments to the bankruptcy law for crediting organizations. An article examines the major amendments. (14)

Aeroflot's board of directors Tuesday endorsed the company's 2003 budget. The company hopes to earn a net profit this year of $114.8 million, surpassing last year's net earnings of $74.2 million. An article looks at the details of the 2003 budget. (16)


Mayor Yury Luzhkov at a city government session Tuesday stated that his government will not allow the industrial enterprises to be turned into offices. |Plans by Guta-Bank and Bazovy Element to do this did not please the mayor. (A1)

The Gazprom Board of Directors will decide the fate of the company's market capital on the basis of its subsidiaries in April. The government is considering different options. A story examines them in detail. (A1)

Highly-regarded media asset investment consultant Oleg Bystranov, the Deputy Director of Altium Capital, evaluates the current capitalization of NTV today at $400 million. A story reflects on the compensation to be paid to former NTV Director General Boris Jordan. (A1)

The renovation of at least six St. Petersburg locations (their names are given) from the presidential list will not be ready for the city's 300th jubilee. Brief. (A1)

The Kremlin has decided to allow the regions to contribute to foreign policy. The State Council at a session Wednesday will consider issues concerning relations with their neighboring countries, particularly CIS states. (A2)

One of the presidential draft bills that was submitted to the State Duma before the New Year holidays envisages transferring responsibility up the hierarchy in regional bodies. This will mean the smaller areas loose funding and authority to their territory they are located within. (A2)

Industry in December was rather slow, resulting in an annual industrial growth rate 0.2 percent lower than expected. Growing foreign and domestic demand did not help the domestic industrial sphere, with consumers preferring to buy imported goods. (A3)

Troika Dialog economists have compiled an operating report in which they tried to show that the State Statistics Committee has seriously underestimated growth in the services sector. This could mean that the gross domestic product and investments in 2002 grew faster than shown in official statistics reports. (A3)

In an interview Director-General of the Novorossiisk Steamship-Line (Novoship) Tagir Izmailov sumps up the results of his agency's work last year. He also examines the state of the world charter market last year. (A5)

Vedomosti. Companies and Markets& MARKETS SUPPLEMENT

The Mobile TeleSystems company intends to suspend the deals to buy the Ukrainian Mobile Communications cellular operator. A story says why. (B1)

Slavneft has at last become a private company. The Federal Property Fund on Tuesday passed over 74.95 percent of its stock to the Invest-Oil firm that won the privatization auction. The firm represented the interests of Sibneft and the Tyumen Oil Company. (B1)

Sibneft and the Tyumen Oil Company that have paid $1.86 billion into the budget for Slavneft which emptied bankers' pockets. In order to deal with the record high ruble deficit (not seen since 1999) banks urgently had to part with currency and securities. (B1)

Severstal plans to invest about 7 billion rubles to boost production in 2003. This was stated by the company's press service. Brief. (B1)

Rosneft plans to extract 17.2 million tons of oil this year. This is 6.8 percent more than the figure for 2002. Brief. (B1)

Ukraine's Anti-Monopoly Committee has allowed Gazprom and Naftagaz Ukrainy to create an International Consortium to manage and boost the gas transportation system of Ukraine. Brief. (B1)

The Gazprom Board of Directors on Tuesday approved a new system of financial planning according to which management should present the board with a forecast of budget profits and losses as well as other documents. Brief. (B1)

Uncertainty over energy reform did not discourage industrial groups from buying up regional energy companies. Norilsk Nickel early this week confessed that it bought over 23 percent of stock of Krasnoyarskenergo. (B2)

Rosneft now has good chances to win the competition on the sale of a 25 percent in the Croatian INA oil concern, the results of which will be summed up in February. (B2)

Fiat Auto's financial results in 2002 turned out to be worse than predicted. The company's leadership does not exclude that the auto sphere will be withdrawn from the concern. (B2)

Alexei Zubakov, President of the Insurers Association, stated that his agency intends to draft a 200-page bill to be called "The Insurance Code." Brief. (B3)

Rossiiskaya Gazeta

President Vladimir Putin on Tuesday met in the Kremlin with Bulgaria's President Georgy Pyrvanov. An article examines the results of the meeting. (1)

Bulgaria's Deputy Prime Minister Nikolay Vassilev will arrive in St. Petersburg this evening to attend tomorrow's session of the Russian-Bulgarian inter-governmental commission on commercial, economic, scientific and technical cooperation. Russian Deputy Prime Minister Alexei Kudrin will join him. An article examines the session's agenda. (1, 2)

On the 60th anniversary of the Battle of Stalingrad, the German magazine "Der Spiegel" published a story entitled "Hitler's Stalingrad" describing the deaths of more than 125,000 German soldiers and calling the battle the "Stalingrad nightmare." An article comments on the story. (1, 4)

Prime Minister Mikhail Kasyanov has endorsed a provision regarding the documentation of persons and organizations with connections to extremist activities. An article comments on the provision. (1) The full text of the provision is on page 9.

Rossiiskaya Gazeta has become a general information sponsor of St. Petersburg's 300th anniversary celebration. An article comments on the sponsorship agreement signed on Jan. 20. (2)

Austria has toughened restrictions on issuing entry visas to Russians. In an interview, the Austrian consul explains why. (3)

The top management of the Afanasy Pivo brewery has been indicted on three criminal counts as a result of an investigation conducted by Moscow city authorities. An article discusses the results of the investigation. (3)

An article features a unique partnership agreement, the first of its kind in the history of domestic corporations. On Dec. 15, MDM Group completed the sale of its controlling stake in leading pipe producer Pipe Metals Company. (3)

Noviye Izvestia

The Interior Ministry last year officially registered 23,000 crimes connected with counterfeiting. This was announced by Boris Smetannikov, deputy chief of the Interior Ministry's anti-counterfeit department. Brief. (1)

The Public Opinion Fund polled people late last year asked about the major problems that facing them today. Thirty six percent of respondents said drugs while 34 percent said crime. An article offers more poll data. (1)

Many Chechens say that Russian special services were behind the recent bombing of a government building in Grozny. An article offers several facts that could support this theory. (2)

Komsomolskaya Pravda

More than 40,000 veterans of the Battle of Stalingrad will be eligible to receive a one-time allowance of 900 rubles. Prime Minister Mikhail Kasyanov has signed this government decree. Widows of participants will receive 450 rubles each on the condition that they did not remarry and were devoted to the memory of their heroic husbands. An article offers a critical take on the decree. Nine veterans and public figures share their opinions. (3, Noviye Izvestia, 4)

An article names several potential candidates to replace the recently departed Boris Jordan as director-general of NTV. (3)

Unified Energy Systems (UES) operates an extensive charity program. An article examines its major activities. (5)

A new pre-trial detention center No. 4 will open soon in Medvedkovo. It has modern comforts and beds for all convicts. An article describes its bright, clean rooms. (7)

An article (with photos) compares the Politburo of the Soviet Union's Central Committee of the Communist Party and President Vladimir Putin's administration, saying that previously power rested on ideology, whereas today it rests on money. (8, 9)

In an interview, U.S. ambassador to Russia Alexander Vershbow shares his views on major world and bilateral problems. (10)

What was the Soviet Navy and what is the Russian Navy today? An article compares their combat capabilities. (12)

Moskovsky Komsomolets

The government has decided to suspend the minting of coins worth less than one ruble. Thus, Russia, for the second time in the past 10 years, may lose the symbol of its national currency -- the kopek. An article comments on the decision. (1)

The Moscow government Tuesday endorsed a program for all types of construction -- above all, housing construction -- through 2010. An article outlines the program and includes a diagram showing how many square meters of housing will be built by 2010. (1, Komsomolskaya Pravda, 7)

A drafted proposal to abolish military courts has been submitted to the State Duma. In an interview, one of its authors, Alexei Arbatov, deputy head of the State Duma Defense Committee, comments on the draft. (1,2)

An agricultural exhibition began today in Berlin with Russian participants being the single largest contingent. An article features the exhibition and its agricultural products and machinery. (3)

Russia's Northern Fleet is deteriorating quickly. An article cites facts and figures to illustrate the point. (3)