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. Last Updated: 07/27/2016

Press Review

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


Presidential elections took place Sunday in Chechnya. By 1 p.m. Sunday, voter turnout had reached the 30 percent mark required to make the election valid. Although preliminary results are not expected until Monday, Akhmed Kadyrov appeared to be in the lead. (1, 2, Kommersant 1, 4, Gazeta 1, 3, Vremya Novostei, 1, Nezavisimaya Gazeta 2)

The worldwide Armenian congress opens Monday in Moscow. The aim of the new organization is to consolidate the Armenian diaspora in various countries in order to provide help to their historical homeland. In a telephone interview, the president of the Armenian Union of Russia Ara Abramyan comments on the organization. (1, 4)

Moscow scientists on Sunday wrapped up a week dedicated to birds in the capital. Specialists the size of the bird population in the city has recently increased. (2)

The Israeli military bombarded a camp allegedly run by Palestine's Islamic Jihad on Sunday. The camp is situated close to Damask in Syria. Islamic Jihad had claimed responsibility for an explosion in the Maxim restaurant in Haif on Saturday, which caused 19 deaths and injured 50. A story comments on the worsening situation in the Middle East. (3, Kommersant 10, Gazeta 1, 2, Vremya Novostei, 1)

President Vladimir Putin's envoy in the Northwest Federal district Valentina Matviyenko and vice-governor Anna Markova competed Sunday in the second round of the gubernatorial elections in St. Petersburg. Politicians have expressed concern that St. Petersburg citizens would not turn out to vote. However, by 5 p.m. Sunday, voter turnout reached 20 percent. (3, Kommersant 3)

The State Duma is planning to re-establish the parliamentary investigation organ. On Monday, deputies will again consider the legislative and political reasons for the tragic events of October 1993. (3)

The Duma council will select issues for discussion during October. The 2004 budget, compulsory car insurance and an anti-corruption scheme will be included on the list of issues. In an interview, committee chairman Oleg Kovalev comments on the work of the Duma. (3)

Oct. 6 marks the 30th anniversary of the shortest war in the Middle East, which left 21 thousand people dead over its 18 days. A story comments on Yum Kippur and on its influence on later events in the region. (4)

The Polish military has destroyed four rockets in Iraq, which it claims are of French origin. The president of France has rejected the implication that France supplied them to the Iraqi regime. (4)

Officials of the federal and regional energy commissions will study the coming energy reforms at a special training session in October. This will help officials be more informed about the difficulties they may face during the reform process. (5)

The RTS stock index continues its sharp rise. Traders are expecting the index to overcome the 600-point mark later this week. A story comments on the Prosecutor General's Office's renewal of the investigation into the Yukos case, news of which has impeded growth on the index. (5)

Deputy Prime Minister Viktor Khristenko has held negotiations with the top officials of the Russian nuclear industry at the Kalinin atomic electricity station. Khristenko promised to consider a 1 billion to 1.5 billion ruble payment to Rosenergoatom. A story comments on details of Khristenko's visit. (5, Kommersant 15)

Yukos and Sibneft shareholders wrapped up negotiations Friday on the merger of their companies. The newly established company will rank sixth of in the list of the world's largest oil and gas corporations. Yukos head Mikhail Khodorkovsky has refuted the claim that part of the new company will be sold to the U.S. ExxonMobil. (6)

A third international terminal with a capacity 1200 passengers will open in November at Vnukovo airport. Should the Moscow mayor's office construct a modern railway to Vnukovo airport, it will become Moscow's leading airport. A story comments on the Moscow city authorities' interests in the city's airports. (6)

At a conference of the chiefs of Russia's energy sector, Unified Energy Systems CEO Anatoly Chubais informed his colleagues of the industry's general goals for the near future. (6, Kommersant 2)

A page is devoted to activities in the real estate market. As many as 237 residential complexes will be torn down in Moscow in 2003. A story comments on prices per square meter in the capital and the real estate market in general. (7, 8)

A story is devoted to newly constructed residential buildings in Moscow. People who purchased Moscow apartments before the completion of construction share their experiences and comment on problems faced. (9)

A story is devoted to businessman Vladimir Logvinenko, who became famous for his ownership of Rubens' masterpiece "Tarkviny and Lucrecia." Logvinenko began his business career in an ordinary video shop, moving on to become the owner of an oil company. His main hobby is collecting art. (10)

Television station NTV will celebrate its 10th anniversary on Oct. 10. A story comments on the activities of NTV. In an interview NTV's vice general director Alexander Gerasimov, who returned to the channel in 2003 after more than a year's absence, speaks about today's NTV and its previous activities. (12, 13)


The campaign to promote candidates for the Duma ended last week. A story comments on what has been done in order to attract the electorate's attention, focusing on the fact that the various parties did their best to include on their lists the most well-known people from the executive power structures, acting deputies, and people in the world of arts. (3, Gazeta 3)

The prosecutor general's officers conducted three searches against Yukos and its shareholders on Friday. Attorney Olga Sopova, who defends the interests of the Koralovo school, which was searched, is going to file a claim against the office's activities, which scared children at the Yukos-funded school. A story looks into the details of the scandal. (5, Gazeta 3)

The Prosecutor General's Office has sent to court the results of its investigation into the criminal case against Nina Krasnitskaya, the former head of the European Credit Trust Bank. Krasnitskaya is accused of causing 72 million rubles in damage to the state as a result of her financial operations. (5)

An explosion in the headquarters of the People's Patriotic Party, or NNP, destroyed windows, doors and party property Friday. NNP leader Alexander Ivanov lost his eye in the explosion. A story comments on details of the accident. (6, Gazeta 5)

The North Ossetia Higher Court has sentenced Sergei Chochiyev to 15 years in prison. Sergei Chochiyev was accused in the abduction of a French citizen in 1998. A story looks into the details of the abduction. (6)

A Novosibirsk court has announced a verdict of no guilty against Viktor Smetannikov, an ex-prior of the Pokrova Presvyatoi Bogoroditsy church. He has been accused of abusing his power. A story comments on his life story. (6)

Opposition leaders Saturday celebrated the 10th anniversary of the surrender of the White House. Representatives of the National Bolshevik party attacked LDPR party leader Vladimir Zhirinovsky. A story comments on the activities of opposition parties. (7)

An intergovernmental conference of the European Council discussed Saturday the draft of the European constitution. A story looks into details of the draft focusing on the polemics of the conference participants. (9, Izvestia 4, Vremya

Novostei 5)

A union of auto insurance companies says it will replace its presidium in order to give smaller companies more of a chance on the market. Semen Akerman, a member of the union's governing body announced last week that the union is drafting charter reforms. (13)


Oleg Deripaska, the owner of Base Element, has admitted, that he bought 25 percent of Russian Aluminum, or RusAl, from Roman Abramovich's Millhouse Company. As a result of the deal, Bazovyi Element now controls 75 percent of the country's largest aluminum company. A story comments on the foundation of RusAl and its activities focusing on the cooperation between Deripaska and Abramovich. (A1)

The Prosecutor General's Office conducted searches Friday in structures related to Yukos. The searches were directed at Yukos shareholders as well as an orphanage in Koralovo funded by the oil major. The actions coincided with the official merger between the Yukos and Sibneft companies. (A1)

President Vladimir Putin's envoy in the Northwest Federal District Valentina Matviyenko and vice-governor Anna Markova competed Sunday in the second round of the governor's elections in St. Petersburg. Politicians had expressed concern that there would be a low turnout among St. Petersburg citizens. However, By 7 p.m. Sunday, voter turnout had reached 24.56 percent. Matviyenko received 65.65 percent of these votes, with Anna Markova receiving 21.55 percent. (A2)

Capital flight in the third quarter totaled $7.7 billion, which is $0.5 billion less than total amount in 2002. A story gives its interpretation of the figure, explaining the growth in terms of the low interest rates. (A3)

France has included Russia in the list of the world's 20 most attractive regions for investors. Meanwhile, French Prime Minister Jean-Pierre Raffarin is currently visiting Moscow. (A3)

In an interview, Valery Okulov, general director of Aeroflot, speaks on the necessity of building a new terminal for his company at Sheremetyevo, and explains the main goals Aeroflot currently has, including plans to purchase six IL96. The company is putting considerable effort into the construction of a third terminal at Sheremetyevo. (A5)

A story is devoted to the postcard business. Experts consider the expenses involved in setting up such a business, while the story comments on the history of the business and development its development in Russia. (A7)

Vedomosti. Companies and Markets& MARKETS SUPPLEMENT

Aeroflot and the Iliushin Finance leasing company have agreed upon terms to leasing six Il-96-300 aircraft after a year of trials. Each aircraft is worth $300 000. The interiors will be modernized, but will not be equipped with satellite Internet and telephone connections. A story looks into the deal. (B1)

Kopeika trading house founder Alexander Samonov signed an agreement last week with Yukos to purchase 50.5% of Kopeika. Nikoil will be Samonov's financial partner in the deal. A story looks into the agreement. (B1)

A third international terminal will start operating at Vnukovo airport in November. The Moscow mayoral office has started to consider the possibilities of additional airport capacity in the mid-90s. A story comments on the Moscow City authorities' interests in the ownership of the city's airports. (B2)

An conference involving the heads of Russia's energy utilities took place on Saturday with the head of UES, Anatoly Chubais, informing his colleagues that the industry's reform is under control and that the main goal is to stop tariff growth. Deputy Prime Minister Vladimir Yakovlev also participated in the conference. (B3)

The Russian oil business is taking its first steps in the field of oil export to Ukraine. TNK-BP will provide 450,000 tons of petroleum for the Odessa-Druzhba pipeline. The line, constructed in August 2001, is 674 km long. (B3)

The Alfa Insurance Company has appealed to the Prosecutor General's Office to reconsider the criminal case against its former general director Denis Kiselev. A story comments on Kiselev's activities as director of the company. (B5)

Spain's Joyco Group, is leaving the Russian market of children's chewing gum. The Cadbury company is planning to purchase the Russian part of Joyco Group in order to run the business by 2004. (B7)

Nezavisimaya Gazeta

The World Economic Forum took place in Moscow last week, with the general consensus being that Russia has achieved remarkable success in macro-economic terms and needs structural reforms in order to develop the positive tendency. A joint session of businessmen and politicians appeared to be the most optimistic. Oligarchs Mikhail Khodorkovsky and Mikhail Fridman made it clear to foreigners that their participation in the Russian economy is welcomed, but not essential. (1, 4)

President Vladimir Putin and German Chancellor Gerhard Schroeder are planning to meet on October 8 to 9 in Yekaterinburg. They will head Russian-German intergovernmental consultations, in which all the key ministers from both sides will take part. In an interview, German Ambassador Hans-Friedrich Von Ploetz comments on the coming consultations and on the possibility of cooperation between France, Russia, Germany and the United States on drafting a new resolution on Iraq. (1, 6)

The TEFI-awards ethics committee is redistributing the prizes of TEFI-2003 due to problems in the counting of votes. Channel One and STS will loose three prizes in favor of the Kultura (2) and Rossia (1) channels. A story comments on the scandal. (1, 8, MK 1, 2)

Representatives of the People's Will Party Vladimir Davidenko, Yury Vasin and Mikhail Burlakov have forwarded a claim against the leaders of the Rodina bloc Sergei Glaziyev and Dmitry Rogozin to the president. Members of the People's Will accuse Glaziyev and Rogozin of falsifying their party lists by excluding eight candidates. A story looks into the political intrigue. (1, 3)

The State Duma is planning to re-establish a structure for parliamentary investigations. (2)

President Vladimir Putin's envoy to the Northwest Federal district Valentina Matviyenko and Vice-Governor Anna Markova competed Sunday in the second round of St. Petersburg's gubernatorial elections. (2, Rossiiskaya Gazeta, 2)

Russia and Georgia are planning to discuss preparations for negotiations on military issues in October. The terms of the withdrawal of Russian military bases from Georgian territories will be the key issue for discussion. (3)

Gas supplies to Belarus will be the key issue for negotiations between Belarus and Russia scheduled for later this week. The privatization of Beltransgas was discussed by presidents Putin and Lukashenko last week but official sources have not disclosed what was decided. (3)

Rossiiskaya Gazeta

More than 80 percent of Chechens participated in voting in presidential elections on Sunday. Chechnya will be ruled by a legislative power as soon as the elections end. Although preliminary results are not expected until Monday, Kadyrov appears to be in the lead. A story comments on the peculiarities of the voting process in different districts of Chechnya. (1, 2)

France has included Russia in the list of the world's 20 most attractive regions for investors. Meanwhile, French Prime Minister Jean-Pierre Raffarin is currently visiting Moscow.. In an interview he speaks about the France's goals in relation to Russia. (3)

Moscow's Simonovsky Court is to process the case of journalist Dmitry Korovin on Monday. Korovin published materials criticizing the Rusobit-M company's use of pirate technologies. A story looks into details of the case. (4)

The grand jury has announced the winner of the "Teacher of 2003" competition. St. Petersburg teacher of rhetoric and history Igor Karatchevtsev was named the best teacher of the year. A story comments on his biography and activities. (5, Komsomolskaya Pravda, 3, MK 2)

Komsomolskaya Pravda

An intergovernmental aviation commission has finished the investigation into the causes of the Mi-8T helicopter catastrophe on August 20. As many as 20 people, including Sakhalin governor Igor Farhutdinov perished in the crash. A story gives details of the investigation. (3)

In an interview, Alexander Zhukov, the chairman of the State Duma's tax committee, speaks about the 2004 budget, focusing on the Central Bank's reserves. Zhukov said that Russia is completely insured from default in 2004. (5, 8)

Traffic jams have become an essential part of Muscovites' life. A page is devoted to opinions of various experts on the issue. (12, 13)

Moskovsky Komsomolets

A fire in an old building of the State Duma caused deputies' computers switch off Friday. Firemen quickly localized the small fire on the seventh floor. The fire was caused by faulty wiring. (1)

Moscow mayor Yury Luzhkov has personally welcomed a submarine, which arrived in the North river port of Moscow from Severodvinsk. After the mayor had visited the submarine he recommended that the submarine's staff to clean the boat. The submarine will be now used as a museum. Mayor Luzhkov is planning to construct special chair-lifts to deliver visitors to the boat. (1, 2)