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. Last Updated: 07/27/2016

Press Review

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


The State Duma this week is expected to consider the presidential draft concerning an amnesty in Chechnya to be granted to those rebels who voluntarily lay down their arms by Aug. 1. Many rebels have already surrendered to local authorities. In an interview one of them -- 26-year-old Aslan Daudov, who participated in an armed attack on Budyonnovsk, talks about his decision to begin a peaceful life. (1,2, Nezavisimaya Gazeta, 9)

"I believe it's possible to form a professional and efficient government based on the parliamentary majority"-- this is what President Putin said in his state of the nation address about the need to create a party government. A story comments on the president's proposal, focusing how experts and policy-makers regard it. (1,3, Gazeta, 1, 5, Rossiiskaya Gazeta, 1,2, Vremya Novostei, 1,2, Nezavisimaya Gazeta, 2)

A Moslem council has been created in France at the initiative of the Ministry of Internal Affairs. The council will be headed for two years by Rector of the Big Parisian Mosque Dalil Boubakeur, a doctor by profession and imam by belief. He believes that French Moslems must become adherents of European civilization with an Islamic identity. Is this task a realizable and vital task in Russia? In an interview the head reflects on the issue. (1,2)

Young tenants from an apartment block on Ulitsa Verkhniye Polya, who are the first participants in the Moscow government program "Affordable Housing for Young Families," have sent an indignant letter to Mayor Yury Luzhkov. They say that the program has become unaffordable to the majority of them. A story describes the situation, citing a view shared by Moscow government official Nikolai Fedoseyev. (2)

An editorial critically examines the recent law concerning obligatory auto insurance, calling it "absurd." (2)

Political observer Andrei Kolesnikov examines political parties' serious problems in selecting the first three candidates of their party lists for the presidential elections. (2)

Fyodor Burlatsky, head of the Scientific Political Council of the Academy of Sciences, reflects on how Russia should behave under the new strategy of the United States and on whether Russia has any options in the mater. (4)

The Economic Development Ministry in a couple of days intends to submit its proposals to the government on liberalizing the liquefied gas market. The proposals, unlike the draft on reforming the domestic gas market, could be approved by the Cabinet of Ministers. A story reveals the essence of the proposals, saying that the ministry has no intention of providing Gazprom with any benefits or preferential treatment. (5)

In an interview India's Foreign Minister Yashwant Singh, who visited Russia last week, comments on the present state of India-Russia relations, focusing on future prospects of boosting economic cooperation. (5, Kommersant, 10)

Deputy Transport Minister Nikolai Smirnov, head of the domestic River Fleet, examines the positive situation on the transportation market of foreign trade commodities on river-sea vessels. Two experts share their views. (5)

A story comments on the task set forth by President Vladimir Putin in his state of the nation address -- to make the ruble convertible -- saying that convertibility poses no threat to the ruble in the near future. (6)

Analysts reflect on how the president's state of the nation address could affect the domestic stock market. (6)

The Ashanti Goldfields company, a leading gold producer in Africa, is being absorbed by the AngloGold corporation, a world leader in the gold sector. A story describes both companies, focusing on their interaction.(6)

In an interview Andrei Melnikov, Deputy Director-General of the Agency for Restructuring Credit Organizations (ARCO), talks about his agency's former and recent deals, focusing on its future plans. (6)

A story gives an analysis of the situation on the world and domestic oil markets, focusing on prices. Two experts share their views. (7)

The worldwide demand for bulletproof motor vehicles has grown considerably lately. A story gives figures which illustrate the point. (7)

Due to the severe acute respiratory syndrome (SARS) Lufthansa has sustained huge losses lately. A story gives concrete figures on losses, saying that SARS brings a daily

loss of 55 million euros to the company. (7)

The Customs Code, which customs officials have called the most democratic in the world, was endorsed by the Federation Council last week. Businessmen, however, dislike it. A story says why, citing the opinion of six experts. (8)

Fiscal authorities are promising to create a Single Register of Individual Entrepreneurs by Jan. 1, 2005. Deputy Tax Minister Mikhail Mishustin describes the project, focusing on its aims. Four experts share their views. (8)

According to a Moscow government decision, housing costs, starting from May 17, have considerably increased in the city. The brief gives concrete figures on the new prices. (9, Vremya Novostei, 1, Komsomolskaya Pravda, 10)

Moscow Education Department head Lyubov Kezina stated that 10 new military schools will be opened in the city in a couple of days. Today their number is eight. Brief. (9)

"The Documentary Heritage of Moscow for the 300th Jubilee of St. Petersburg" -- is the name of an exhibition that has been opened by the Moscow Main Archives Board in the Belyaevo Exhibition Hall. A story looks at rare documents, showing close contacts between Moscow and St. Petersburg over the whole history of Russia. (9)


The G-8 meeting of finance ministers in France on May 17 recommended to their state leaders, who will meet in France on June 1 to June 3, to resolve the problem of Iraq's debts within the framework of the Paris Club. The United States's proposal to France, Germany and Russia as Iraq's major creditors, to write off Iraq's debts has been rejected. This is due to Deputy Prime Minister Alexei Kudrin's efforts. A story describes how Kudrin managed to persuade his colleagues to approve this decision. (1, Gazeta, 9, Nezaviasimaya Gazeta, 1, 4)

Three stories examine in detail the economic, political and military tasks set forth by President Vladimir Putin in his state of the nation address. (3)

Kommersant offers excerpts from seven world newspapers showing how they regard President Putin's state of the nation address to the Federal Assembly on May 16. (3)

At his meeting with President Vladimir Putin on Saturday, Chechen administration leader Akhmat Kadyrov proposed his own version of an effective crackdown on terrorism. In the opinion of the Chechen leader, the local militia should have more power. A story comments on Kadyrov's proposal. (4)

The Extraordinary Congress of the National Sovereign Party took place in Moscow on Saturday, May 17, where Russian nationalists stated that they intend to seize power in five years. A story describes this gathering and its decisions. (4)

The meeting of the Russian-American crew of the sixth main expedition to the International Space Station is expected to take place in the Stellar Township on Monday. The state commission that investigated reasons behind the recent unsuccessful landing of the capsule of the Soyuz TMA-2 spacecraft stated that it was not the crew's fault. A story looks at the commission's preliminary findings. (4)

Communist leader Gennady Zyuganov admitted over a thousand children from the Moscow region into the Young Pioneer Organization on Red Square on Sunday. This was the occasion of the 81st anniversary of this organization. A story describes the festive ceremony. (6, Rossiiskaya Gazeta, 2)

A story describes a split in the Journalists Union that was revealed at the Union's 7th Congress in Moscow over the weekend. (6)

Georgia's authorities over the weekend made several sharp remarks to Russia: Tbilisi accused Moscow of violating an agreement on Abkhazian settlement that was reached between the presidents of both countries in Sochi. A story comments on the remarks. (11)

A story examines reasons behind the worsening situation around Bashkiria's oil and gas enterprises. (13)

The British Fleming Family & Partners company has launched an investment fund in Moscow to invest in office realty. The story gives details about the project. (13)

The Russian Aluminum (RusAl) company last week bought the Alyukom-Taishet plant, presently under construction in the Irkutsk region -- with the cost of completion amounting to $230 million. This enterprise will be able to produce up to 250,000 tons of aluminum in 2006. A story describes RusAl's purchase.

The Central Bank this summer intends to decide the fate of the regional currency exchanges: some of them will lose independence and will be transformed into affiliates of the Moscow Inter-Bank Currency Exchange. This was stated by Central Bank Deputy Head Konstantin Korishchenko. A story reveals the bank's plans. (14)

The Belomorsko-Onezhskoye Steamship-Line President Alexander Lyallya on Sunday made public his company's program for revamping their fleet. The company before the end of 2010 will build 10 new river-sea class vessels. A story examines the program. (14)

The IMF mission in Moscow on its Internet site has posted a report with recommendations to the Russian government concerning its 2003 economic policy. The major recommendation is to preserve rather than spend the superincome from oil exports. A story looks at several other recommendations. (15)


President Vladimir Putin stated in his state of the nation address that Russia does not need reform for the sake of reforms and demanded from the government the doubling of the gross domestic product over the next 10 years. Experts regard it as presidential adviser Andrei Illarionov's victory over moderate government economists. (A1)

The Tyumen Oil Company (TNK) was unable to include its 50 percent share in Slavneft into the deal with the Anglo-American BP company. TNK now is seeking a buyer for this asset. Experts believe that Yukos is the most probable claimant. (A1)

Russia last year wrote off $3.5 billion in debt to poor countries. This was stated by Deputy Prime Minister Alexei Kudrin, who explained that this sum consisted of two parts. The brief mentions them. (A1)

The majority of Russians (86 percent) believes that a children's organization like the Young Pioneer's should be created, with only 9 percent of people seeing no need for it. Brief. (A1)

President Putin's dream about a freely convertible ruble could materialize soon. The government late last week submitted to the State Duma's for a second reading amendments to the draft bill on currency regulation. Despite the Central Bank's wishes, the government has not toughened the draft passed in the second reading. (A3)

The Finance Ministry on Friday submitted to the government amendments to the Tax and Budget codes distributing revenues between budgets of different levels. A story examines the major amendments. (A3)

The Pension Fund has officially proposed nationalizing the individual 2002 accumulations, the owners of which will be impossible to identify before the end of 2003. Such money could enter the federal budget by February. A story examines the fate of this money. (A3)

Is there a need for a government based on a parliamentary majority? Five experts share their views on the issue. (A4)

In a far-ranging interview Petrokommerts Bank President and Chairman of its Management Board Vladimir Nikitenko speaks about his bank's close business contacts with LUKoil and with several other companies. (A5)

A feature story is devoted to chemistry and biology teacher Natalya Krapivina, who founded her firm with 17 rubles. (A7)

Vedomosti. Companies and Markets

March was the first month ever when the number of dollars taken away from Russia surpassed the number imported into the country. Experts do not exclude that the March paradox may become a trend .(B1)

Moscow authorities decided to pass over management of the Likhachov auto plant (or ZIL) to the Center for Investment Projects Program that belongs to famous entrepreneur Grigory Luchansky. The ZIL shareholders at their meeting this week are expected to vote in favor of handing over the functions of management of the plant to the Moscow Automobile Company that was founded by this center. (B1)

Six months are left till the law on obligatory motor vehicle insurance takes effect. A story examines specific features of this new legislation. (B1)

The South African AngloGold company and Ashanti Goldfields from Ghana are presently in talks over a merger. The brief describes what each of them will gain. (B1)

A consortium headed by the Japanese Chiyoda and Toyo Engineering companies has won a tender for the right to build a plant processing liquefied gas in the south of Sakhalin. The Sakhalin Energy company has provided 300 billion yen ($2.6 billion) contract. Brief. (B1)

The Audit Chamber has declared that the Bashneft company and its subsidiaries failed to pay their taxes in full for 2002 and in the first four months of 2003. Brief. (B1)

The Unified Energy Systems (UES) company in the first quarter of this year cut its net profit by almost three times -- down to 6.479 billion rubles -- as compared with the same period last year. Brief. (B1)

The Industrial Investors Group of companies that controls the Far-Eastern Sea Steamship Line has bought a new asset. The Group on Friday officially announced the consolidation of the controlling stake of Sovbunker. The latter's main asset is a 46 percent share in the international group Bominflot with an annual turnover of $800 million. (B2)

The Property Ministry and the Federal Property Fund have agreed to hand over 61 percent of stock the stock in Vnukovo Airport to Moscow authorities. Mayor Yury Luzhkov has been working for this for several years. (B2)

Artyom Bikov, Director-General of the Urals Energy Managing Company is quitting his post to take up a job at Unified Energy Systems (UES). Its Management Board today is expected to appoint Bikov as adviser to UES head Anatoly Chubais. (B3)

Rossiiskaya Gazeta

The 5th Congress of the International Confederation of Journalist Unions representing countries from the CIS and Baltic countries took place in Moscow on Saturday. A story examines the event's agenda and lists the decisions taken by congress participants. (2)

The Economist has accused Beijing of concealing the truth about the spread of the atypical pneumonia-like virus known as SARS, and has compared the current epidemic with the 1986 Chernobyl disaster. A story comments on the comparison. (3)

Moscow's Timiryazev Biology Museum has opened a unique exhibition of insects that is called "Visual Angle". A story describes some of its rare exhibits. (4

Novaya Gazeta

Yulia Latynina comments on President Vladimir Putin's state of the nation address, paying particular attention to what she sees as a gross contradiction in the Kremlin's policy regarding natural monopolies. (1,6)

Boris Kagarlitsky, director of the Institute of Globalization Studies, speculates on the consequences the last two terrorist attacks in Chechnya will have on the peace process. (1,2)

State Duma Deputy Yury Shchekochikhin describes the current situation in Chechnya. Despite President Putin's optimistic statements concerning the future of peace in the republic, Shchekochikhin notes that the war has continued for the better part of a decade. Shchekochikhin goes on to say that an information blockade forbidding foreigners from entering that part of Russia is part of the Kremlin's new political strategy. (4)

A group of young St. Petersburg lawyers from the Groza organization has organized a 24-hour hotline to field calls from local residents disturbed by the city's 300th jubilee celebrations. A story describes the group's efforts. (4)

The Moscow government is expected to launch a citywide program aimed at giving practical help to the capital's homeless population. A story examines the program. (5)

Human rights advocate and State Duma Deputy Yuly Rybakov, head of the State Duma's human rights subcommittee, gives a critical analysis of the president's state of the nation address, noting that Kremlin speechwriters were forced to change the text in light of the success enjoyed by the U.S.-led coalition in Iraq. (7)

Komsomolskaya Pravda

A powerful fire in Begovaya Alley on Friday much of the government's telecommunications infrastructure. A story describes the fire and speculates on its possible causes. No casualties were reported. (2)

Weather specialists at the Hydro-Meteorological Center have for the first time managed to forecast weather for the next three months, saying that it would be warm rather than hot. (2)

According to a recent decision taken by the Moscow district administration, an animal shelter at the Tushinskaya metro station will be closed as of June 1, 2003. As a result of the closure, more than 100 animals will be exterminated. (2, Rossiiskaya Gazeta, 1,8)

Komsomolskaya Pravda has published a comprehensive guide to the cultural events devoted to St. Petersburg's 300th jubilee. (4)

In an interview, Alexander Shokhin, head of the Overseeing Council of the Investment Group of Renaissance Capital, gives an overview of the domestic banking sector. (5,8)

A story comments on the latest dollar-to-ruble rate. (6)

Several Western banks have arrived on the Russian market, yet do not seem in a hurry offer their services to private individuals. A story comments on the growth of foreign-owned banks in the domestic banking sector. (7)

Komsomolskaya Pravda gives a list of several children's recreation centers and summer camps. (12, Rossiiskaya Gazeta, 2)

The Moscow government has endorsed a list of city beaches that are suitable for swimming. (31)

Moskovsky Komsomolets

A large delegation from the Great Council of Bordeaux Wines arrived in Moscow this past weekend to induct over thirty well-known Russians into the international wine brotherhood. A story describes the event and fortunate Russians who joined it. (12)

Russia's Border Service endorsed a new provision this weekend to provide border guards and their families with a better diet. A story comments on the provision, and explains its expediency. (1)

A road accident in the Moscow region's Odintsovo District on Saturday killed 52-year-old Alexander Golev, head coach of the national biathlon team. A story describes how it happened. (1)

Mayor Yury Luzhkov was at the General Staff Academy this weekend to officially open the academy's strategic training center. 50 million rubles were earmarked from the city budget to fund the project. (2)

Poets Olga Sedakova and Yury Kublanovsky were awarded the Solzhenitsyn Literary Prize this Sunday that the Russkoye Zarubezhye Library. A story describes the ceremony. (2)

May 19 marks AIDS Victims Remembrance Day. In an interview Alexei Mazus, head of the Moscow AIDS Prevention Center, cites horrible figures on the growing numbers of AIDS patients in Moscow, saying that 500 Muscovites are undergoing a comprehensive medical treatment costing $10,000 a year. (2

The Military Insurance Company this week will begin to pay out compensation to servicemen injured during the recent terrorist acts in Chechnya. Families of those who were killed are also entitled to the compensation. (2)

Moscow's 6th annual "In the World of Flowers" exhibition has opened in the Moscow Hermitage Gardens. A story describes the event. (2)

A story lists those Moscow beaches that have been officially opened to the public. (2)

According to an official report released by the Moscow Health Department, over 50 percent of Muscovites aged 50 to 59 are impotent. A story comments on the devastating problem. (5)

Local authorities in the southwest of Moscow plan to clean the banks of eleven local rivers as well as 86 ponds in preparation for the summer swimming season. A story describes the renovation project. (5)

The two-month Chekhov International Theatrical Festival opened in Moscow on Saturday. More than 150 theaters from all over the world will be on hand to demonstrate their skills and talents. In an interview, People's Artist of the Soviet Union Kirill Lavrov, president of the Festival, speaks about the event's place in the cultural life of the Russian capital. (6, Komsomolskaya Pravda, 2)