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. Last Updated: 07/27/2016

Press Review

Vedomosti. Companies and Markets
Nezavisimaya Gazeta
Rossiiskaya Gazeta
Argumenty i Fakty
Komsomolskaya Pravda


Izvestia's lead story is devoted to the Vladimir Putin's president's personnel reshuffle. All major newspapers comment on the restructuring. (1,2, Kommersant, 3, Rossiiskaya Gazeta, 1, 3, Gazeta, 1,3, Krasnaya Zvezda, 1, 3, Vremya Novostei, 1,2, Vremya MN, 1,3,Nezavisimaya Gazeta, 1,2,Trud, 1,2, Komsomolskaya Pravda, 1-3, MK, 1,2

The U.S. State Department has announced its conviction that Iraqi President Saddam Hussein has billions of dollars stored away his bank accounts. A story speculates on how he managed to amass such a huge fortune. (1,4)

In an interview, U.S. Ambassador to Russia Alexander Vershbow comments on The United States' position vis-a-vis the Iraqi crisis. Vershbow also comments on the possible outcome of a forthcoming voting on the British-U.S.-Spanish resolution in the UN Security Council. Finally, he states that a possible Russian veto, regrettably, would seriously affect U.S.-Russian relations. (1,2, Nezavisimaya Gazeta, 1,6)

On Tuesday Gazprom's leadership announced that the first stage in liberalizing the holding's stock has been completed. As a result, Gazprom, its subsidiaries and the state as its major shareholder, have established control over 51 percent of the monopoly. Prospekt analyst Dmitry Tsaregorodtsev comments on Gazprom's changes. A pie chart illustrates the distribution of shares in Gazprom. (2, Kommersant, 13, 17, Vremya Novostei, 7)

Amnesty International and the Russia's No to Violence association have jointly published statistical data about the number of women, who have fallen victim to domestic violence. A story comments on the shocking figures. (2)

On Tuesday President Vladimir Putin submitted a package of amendments to the State Duma regarding the Criminal Code. The amendments concern almost all articles of this Code. A story examines the proposed amendments. (3, Rossiiskaya Gazeta, 1, Vremya MN, 3, Vremya Novostei, 1, Gazeta, 1,6)

Presidential adviser Sergei Yastrzhembsky along with Chechen administration head Akhmad Kadyrov and several other top state officials presented a booklet titled "Chechnya: Questions and Answers" on Tuesday. The book, as Yastrzhembsky admitted himself, was released in to order to coincide with the republic's upcoming referendum. (3, Kommersant, 8, Vremya Novostei, 4)

A story offers a list of the most popular Russian and U.S. newspapers. In separate interviews, Deputy Press Minister Mikhail Seslavinsky and Lyudmila Resnyanskaya, a leading specialist at Moscow State University's Journalism Faculty, comment on the major differences between Russian and U.S. press. (3)

On Thursday the Defense Ministry is expected to publish a new Provision concerning the Medical Expertise in the Military. A story examines the document, which will change the criteria for determining whether or not an army conscript is physically fit for service. (3)

Krasnoyarsk region governor Alexander Khloponin may become a member of the United Russia's Supreme Council. Brief. (3)

Moscow has asked its foreign partners participating in Russia's chemical disarmament program to finance the building of new facilities for the endeavor. Brief. (3)

Federal Council Speaker Sergei Mironov will officially be admitted to the Party of Life on Wednesday. Mironov will obtain a party card at the party's upcoming Congress scheduled for March 22. Brief. (3, Nezavisimaya Gazeta, 2)

On Tuesday Richard G. Lugar, head of the U.S. Senate's Foreign Policy Committee, submitted to the Senate a draft bill appealing the notorious Jackson-Vanik amendment. A story comments on the initiative. (4)

On Tuesday OPEC made a decision to maintain existing oil extraction and export quotas of 24.5 million barrels per day. A strategic action plan in the event of a war against Iraq was rejected. The cartel assured the public that it would do everything in its power to avoid oil shortages on the world market. A story comments on the cartel's decisions. (5, Kommersant, 13, Vremya Novostei, 7, Vremya MN, 2, Nezavisimaya Gazeta, 4)

On Tuesday Deputy Economic Development Minister Maxim Medvedkov stated that discussions pertaining to electricity price reforms, a key obstacle in Russia's bid to join the World Trade Organization, would be wholly reconsidered. Brief. (5)

On Tuesday the Federation Council's Commission on Natural Monopolies recommended the Senate endorse the package of draft bills concerning energy reform. On Wednesday the Federation Council is expected to discuss this issue. Brief. (5, Kommersant, 15, Rossiiskaya Gazeta, 4)

According to a new version of Russia's Patent Law, which comes into effect on Wednesday, secret inventions may also be patented. Brief. (5)

France and Germany are imposing new regulations onto the continental economic market. French and German leadership has actually abandoned the Stability Pact, which is considered to be the basis on which the European Union was founded. A story assesses the new regulations. (5)

The World Travel & Tourism Council (WTTC) stated that the tourism market would suffer a $30 billion loss as a consequence of military action against Iraq. Growth rates in Russia's tourism industry are likely to be halved. (6)

Sweden's Volvo Truck Corporation announced that its VTS-Zelenograd joint venture will officially open on March 20. Brief. (6, Kommersant, 16, Vremya Novostei, 9)

On Tuesday Rostov region Governor Vladimir Chub signed a decree to transfer 20 percent of shares in Gukovugol into trust management. A tender is to take place in the next several months. (6)

Rosneft President Sergei Bogdanchikov stated Tuesday that his company had saved the state nearly $350 million by buying Severnaya Neft. Holland's ABN Amro Bank provided the figure. A story comments on Bogdanchikov's statement. (6, Kommersant, 16)

On Tuesday the Moscow city government devoted a special session to assess ways to restrain the prices of consumer goods in Moscow. A story reveals the initiatives taken by the city government. (9, Gazeta, 13)

An apartment block for young families has been completed in Moscow's Maryino housing development. A story looks at who is moving in. (9)


In an exclusive interview, UN Secretary General Kofi Annan shares his views on the new resolution on Iraq that is to be voted in the Security Council. (1,9)

State Duma Speaker Gennady Seleznyov was in Minsk on Tuesday to inform Belarussian President Alexander Lukashenko about the Russia's opinion regarding the leadership in the Russia-Belarus union state. A story comments on results of Seleznyov's visit. (2, Gazeta, 2)

On Tuesday Prime Minister Mikhail Kasyanov held a closed-door meeting with Unifies Energy System head Anatoly Chubais and Interros President Vladimir Potanin. The discussion centered on the construction project of the Krasnaya Polyana ski resort. Kasyanov intends to launch the project without further delays, while Potanin will organize a special oligarchs' pool to fund the project. (2)

A story looks at the recent personnel shuffles in the Samara region's Duma, which have pitted United Russia and People's Rule Group deputies against Governor Konstantin Titov. A story looks at what risks the new order poses to the governor. (4)

On Tuesday the head of Russia's Federal Migration Service Andrei Chernenko announced that his agency intends to create a single system of immigration control as well as a special immigration inspectorate. A story examines the decision and its aims. (7)

The Chechen Culture Festival opened in Moscow on Tuesday and will run until March 15. A story looks at its program and participants. (8)

The Tobacco Capital Partners consortium has won a tender to sell 80 percent of stock in Bulgartabak Holding Group. Russian tender participants call this decision a violation of all democratic norms. A story gives details. (13)

On Wednesday Genesys Telecommunications Laboratories, a subsidiary of Alcatel, is expected to officially announce the launch of its Russian operations. A story describes its aspects, partners and plans. (13, 20)

The European Union's 20 central banks and credit bureaus signed an agreement Tuesday to create a single database of insurers inside the EU. A story comments on the initiative. (14)

According to the Central Bank, 96.5 percent of Russian banks ended 2002 with combined profits of 105.39 billion rubles, while 3.5 percent of banks incurred losses of 12 billion rubles. Brief. (14)

The Gartner Dataquest research company has presented a report summing up positive trends on the cellular market in 2002. A story looks at some of them. (15)

An international conference on nuclear safety ended in Vienna on Tuesday. In an interview, Russia's Nuclear Energy Minister Alexander Rumyantsev comments on some of the problems discussed at the conference and lists some of the resolutions taken. (15)

On Tuesday LUKoil President Vagit Alekperov announced the merger of LUKoil-Permneft and LUKoil-Perm. A story examines the deal and Alekperov's several other plans. (16)

ICN-Pharmaceiticals Inc. is being prepared for sale A story describes the company and those, who would like to buy it. (16)

The U.S. magazine Consumer Reports published its annual automotive rating on Tuesday. According to the rating, Japanese vehicles are the most popular on the world markets. A story examines the rating, noting that Russia automakers are no even mentioned. (17)


A story looks at President Vladimir Putin's recent personnel and structural reshuffle. (A1)

Gazprom announced preparations Tuesday for a liberalization of its equities. Both government and Gazprom subsidiaries have consolidated more than 51 percent of the holding's stock. (A1)

The leadership of Sheremetyevo airport has accused its former general director Sergei Belyaev of losing valuable assets, namely the airport's shares in Duty Free stores. (A1)

As of March 16 Russia's regulations on foreign currency will take effect. Brief. (A1)

Six members of the UN Security Council have submitted a compromise draft resolution on Iraq. They have proposed giving Saddam Hussein 45 days to meet all UN resolutions. Brief. (A1

President Vladimir Putin has submitted to the State Duma a package of amendments to the Criminal Code. A story looks at the nature of the changes. (A2)

Washington has offered to repeal the Jackson-Vanik amendment if Russia changes its position on Iraq before the upcoming UN Security Council vote. (A2)

The Commission on Protective Measures in Foreign Trade is expected to try to abolish tariffs on domestic aluminum enterprises. A story reports on what Russia's aluminium companies stand to gain from the initiative. (A3)

UN Secretary-General Kofi Annan elaborates on his agency's significant role in resolving world issues, in particular the crisis over Iraq. (A4)

Ruslan Terekbayev has been asked to head the TVS television channel in a very difficult time, as the stations catastrophic financial difficulties now threaten its very existence. Terekbayev, who for 10 years had headed Radio Maximum, confessed that the situation is more complicated than he expected. In an interview, he speaks about the company's business plan and expected investments. (A5)

Vedomosti. Companies and Markets& MARKETS SUPPLEMENT

OPEC has decided to leave intact current quotas on oil extraction until the possible outbreak of a war in Iraq. The cartel also added that it is ready to compensate for possible fuel shortages on the world market. A story looks at analysts' views. (B1)

The government has decided to build ski resort in Krasnaya Polyana, a favorite vacation spot for Presidents Vladimir Putin and Alexander Lukashenko. Interros President Vladimir Potanin promised that his partners would invest in $90 million into the project. (B1)

Indian entrepreneurs, Radzhesh and Sunil Gandhi, will open a diamond-cutting plant in Vladivostok. (B1)

Platinum prices during the second week of this month continued to skyrocket. On the New York commodity exchange, the official price of the platinum futures amounted to $702.90 (+$19.30) per ounce. In London the price of the platinum on March 10 amounted to $704 per ounce. Brief. (B1)

Novafininvest shareholders decided Tuesday to rename the company NOVATEK. A brief explains why. (B1)

Tatneft-Resurs Director Vyacheslav Chichkov has announced his company's plans to establish and operate 30 to 40 gas stations in the Volga and Ural federal districts annually. Brief. (B1)

Aeroflot's leadership has endorsed a new color scheme for the airline's planes. A story describes the new colors. (B2)

Sweden's Volvo Truck Corporation will launch Russian production of heavy trucks in one week. Volvo's partner in this project will be AFK Sistema. A story describes the project, focusing on Volvo's plans for Russia. (B2)

Ukraine has found itself on the brink of an energy crisis. A story examines possible solutions currently being discussed by authorities. (B3)

Three hundred insurance companies have failed to submit shareholder information to the Finance Ministry. They will likely be reprimanded or even fined by the Insurance Surveillance Department. (B5)

Nezavisimaya Gazeta

Russian policy-makers are making frequent visits to Chechnya in preparation it for the breakaway republics upcoming constitutional referendum. A story describes some of the measures taken by the government, while focusing on recent statements made by Ella Pamfilova, head of the presidential Human Rights Commission, in regards to the vote. (2, Rossiiskaya Gazeta, 4)

The scandal surrounding Gennady Semigin's People's Patriotic Union has taken a new twist. The Moscow City Court on Wednesday was expected to consider Semigin's suit against Communist party members Valentin Chikin and Alexander Prokhanov. Chikin and Prokhanov have accused Semigin of undermining party activities. A story gives details. (3)

A story describes how United Russia is recruiting workers at Tula's armament plant. (3)

The gold and currency reserves in February increased by $3.8 billion to reach a record high of over $53 billion. The reserves have increased by $5.3 billion since the start of 2003. A story comments on these positive figures, and looks at Brunswick UBS Warburg's forecasts for 2004. (4)

World Bank head James Wolfensohn met with Economic Development Minister German Gref in Moscow on Tuesday. A story describes the major directions of their negotiations. (4

A story takes a featured look at Moscow's elite housing market and reflect on how tastes, and prices, are changing. (5)

Three real estate analysts explain how elite housing distinguishes itself from other sectors of the property market. (5)

Czech Deputy Prime Minister and Foreign Minister Ciril Svoboda gives an in-depth analysis of the course of Czech-Russian relations over the past decade. (7)

A special evening will be dedicated to the memory of former Bolshoi prima ballerina Galina Ulanova, in an event sponsored by the Ulanova Fund. In an interview, the fund's president, Vladimir Vasilyev, speaks about his organization and its plans for the future. Mention is also made of the fate of Ulanova's apartment in a highrise apartment building on Katelnicheskaya Naberezhnaya. (8)

Rossiiskaya Gazeta

On Tuesday evening, direct Eldar Ryazanov's new film "The Key to the Bedroom" premiered at Moscow's Pushkin Theater A story previews the film. (1,8)

The State Duma on the eve of March 8 Women's Day considered amendments to the Law concerning pensions. A story examines several amendments that would change the procedure of calculating pensions. (2)

On March 6 Rossiiskaya Gazeta published an article written by Professor Suren Avakyan, which examined several judicial discrepancies in the draft Constitution of Chechnya. The newspaper's readers' comments are published in this issue. (4)

The Railways Ministry has stipulated that future increases in its purchases of domestic railway wheels can only be guaranteed if the quality of the product is raised. Vasily Chizhov, deputy chief of the ministry's Wagon Department, describes what companies make and sell such wheels. (5)

In an interview, Garegin Tosunyan, president of the Association of Russian Banks, talks about the serious problems affecting the domestic banking system. (5)

The 6th annually Books of Russia Exhibition was expected to open Wednesday at the All-Russian Exhibition Center (formerly VDNKhA). More than 900 publishers from 84 regions will present almost 120,000 titles. A story looks the event, its participants and sponsors. RG Nauchaya Supplement. (I,IV)

Deputy Economic Development Minister Yury Isayev elaborates on how federal budget money allocated for special programs is spent. Rossiiskaya Biznes Gazeta (RBG) Supplement. (2)

The Central Bank's First Deputy Head Oleg Vyugin stated earlier this week that the Central Bank would be unable to keep inflation below 11 percent, as stipulated by the 2003 federal budget. If Vyugin's forecast is accurate, proposed increases to Russian incomes will not materialize. In an interview, Mikhail Zadornov, head of the State Duma Budget Committee, details the problem. RBG Supplement. (2)

Anti-Monopoly Minister Ilya Yuzhanov is convinced that Russian telecommunications services are in desperate need of reform. A story looks at the factors that brought Yuzhanov to the conclusion. RBG Supplement. (3)

Argumenty i Fakty

The upcoming referendum on the draft of the Chechen Constitution may change the relationship between Chechnya and federal authorities. A story considers the way in which ties between the breakaway republic and Moscow could change. (1,8)

A story examines the agenda of United Russia's March 29 party congress. All in attendance will pay special attention to the way in which President Vladimir Putin shows his support for the party. (4)

Communist party leader Gennady Zyuganov's close assistant Ivan Melnikov stated that the KPRF is experiencing financial difficulties in the run-up to parliamentary elections. Rumor has it that the KPRF may solve this problem by enlisting the sponsored by oligarchs Mikhail Khodorkovsky, Vladimir Potanin and Boris Berezovsky. (5)

Despite the president's recent request to "lie less to the people," bureaucrats are continuing to depict a "bright" future for Russia, including higher pensions, bigger salaries and a stronger consolidating ruble. A story contradicts these great expectations by illustrating how, during the next several years, the number of unemployed Russians will be between 5 to 6 million people. (6)

A story reports on how Russian celebrities are dividing themselves politically, between United Russia, the Communist party, the Russian Renaissance Party and the Party of Life. (17)

On March 1 Russia marked the eighth anniversary of Vlad Listyev murder. The ORT general director's death became another link in the chain of tragedies has plagued the Listyev family. (25)

Komsomolskaya Pravda

An exhibition of espionage instruments that were used by the former secret services of Czechoslovakia has opened in Moscow on 12/1, Ulitsa Juliusa Fuchika. The exhibition will last till March 23. A story looks at unique exhibits. (6)

A story gives several concrete facts showing how the oil interests of Russia and its oligarchs differ. (7)

In an interview, Mikhail Zurabov, chairman of the State Pension Fund, explains how old-aged pensions will grow by the end of the year. (9)