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. Last Updated: 07/27/2016

Press Review

Vedomosti. Companies and Markets
Rossiiskaya Gazeta
Argumenty i Fakty
Krasnaya Zvezda
Komsomolskaya Pravda
Moskovsky Komsomolets


A story features the first day of President Vladimir Putin's state visit to Britain at the invitation of Queen Elizabeth II on Tuesday during which he was given royal treatment. The focus is on several significant issues that Putin will discuss with Prime Minister Tony Blair. All central papers highlight the visit. (1,3, Kommersant, 1,2, Rossiiskaya Gazeta, 1,4, Gazeta, 3, Krasnaya Zvezda, 1, Trud, 1,4, Vremya Novostei, 1, Vremya MN, 8 Nezavisimaya Gazeta, 6, Komsomolskaya Pravda, 5, MK, 2)

Moscow regional authorities are selling arable land for the building of private cottages. A story gives concrete facts to illustrate the point. (The beginning of the story was in yesterday's issue). (1,2)

British singer and composer Elton John, who is enjoying his stay in Moscow, liked the diamond ring that was delivered on Tuesday by jewelers from the Kristall Smolensk jewelry center. He ordered the ring before his visit to Russia. A story describes the singer's visit and his positive impressions of Moscow. (1, Rossiiskaya Gazeta, 8, Komsomolskaya Pravda, 15, MK, 6)

When will summer arrive in Moscow? Alexei Lyakhov, chief of the Moscow Meteorological Bureau, explains what is happening with the weather. In a short interview, director of the Federal Meteorological Service Roman Vilfand, shares his view on the weather. (2)

An editorial comments on U.S. President George W. Bush's harsh criticism of the European Union (EU) on Tuesday over the EU's unwillingness to help African states overcome famine. The disagreement is founded on the EU's refusal to cancel a ban on the import of so-called transgenic (or genetically modified) food products (2)

June 26 will be a day of breakthrough for foreign investment in Russia, when the Tyumen Oil Co. and British Petroleum (BP) are expected to sign the agreement on their merger. After this the British side will invest $3 billion into the Russian economy with another $3.75 billion over the next three years. Four experts share their views on the expected deal, focusing on its significance to Russia. (2, Nezavisimaya Gazeta, 1,3)

On Tuesday the Legislative Assembly of the Leningrad region scheduled the regional gubernatorial elections for September 21. St. Petersburg city legislators will most probably choose to elect their governor on the same day. A story examines the advantages of holding regional and city elections on the same day, highlighting the candidates and their strengths. (3, Kommersant, 1, 3, Nezavisimaya Gazeta, 3,Vremya MN, 1,2, Vremya Novostei, 2, Nezavisimaya Gazeta, 4, Gazeta,2, MK, 1)

The governor of the Khanty-Mansiisk autonomous district, Alexander Filipenko, is opposing enlarging the regions. A story reveals his viewpoint on the issue. (3)

President Vladimir Putin on Tuesday signed a federal law on introducing amendments to Article 4 of the Federal Law concerning the election of State Duma deputies. The brief looks the major amendments. (3)

Swiss Parliament member Andreas Gross was appointed Tuesday as a new PACE reporter on Chechnya. This was stated by PACE vice-chairman from Russia, Mikhail Margelov. Brief. (3, Kommersant, 11)

U.S. President George Bush's administration has expressed concern over the closure of the TVS channel. Brief. (4)

The Economic Development and Trade Ministry has agreed to accept Gazprom's proposal of reform. Gazprom has managed to persuade the ministry to ease its stand on the major issue of the functioning of gas transportation infrastructure that remains under Gazprom's control and management. A story comments on Gazprom's victory, citing an expert's view. (5)

Gazprom's plan to buy a 49 percent share of stock in the Belarussian state-run gas company Beltransgaz may be foiled due to President Alexander Lukashenko's statement Tuesday that he intends to privatize Beltrans at a market price of $4 billion. A story comments on Lukashenko's stance that the deal is not suitable for Gazprom. (5 , Kommersant, 5)

The stock market is becoming ever more attractive for foreign investors, as stated by Nicolas Pikard, securities manager of the Credit Agricole bank. Brief. (5)

The Natural Resources Ministry has undergone several changes, which are mentioned in a brief. (5)

The government is discussing the possibility of privatizing Rosenergoatom. This was stated Tuesday by its executive director Sergei Ivanov. Brief. (5)

The Economic Development and Trade Ministry estimates that the deficit in export oil pipeline capacity in 2003 will be 40 million tons, Deputy Minister Andrei Sharonov announced this. Brief. (5)

A story examines results of the latest study of Russian consumer sentiments. The cited graph shows the dynamics of the index of consumer sentiments based on income. So-called "New Russians" are displeased at the dollar's fall in value, while less wealthy people are happy. Two experts share their views. (6)

All visitors to Russia, irrespective of citizenship, starting from July 1 need to take measures highlighted in the new law on obligatory civil responsibility of transport. A story comments on the new system, citing two experts' views. (6 , Kommersant, 1,5)

Economist Gleb Fetisov, Federation Council deputy , examines amendments to a draft bill concerning communications that have caused heated discussions in his agency. Arguments for and against the document are given. (6)

According to the State Statistics Committee, vodka distillery from April to May decreased by 1.3 percent compared with last year's figure for the same period. Analysts say that vodka consumption is also decreasing, which cannot be said about wine consumption, which increased by almost 18 percent over the first five months of 2003. A story comments on these figures, citing views by two experts. (7)

Gazprom's 2002 profit increased considerably due to economizing on taxes, which, in analysts' opinion, may positively affect the company's dividend policy. Shareholders of Yukos, TNK and Sibneft are also expected to see good results. Nevertheless the aggregate rating of investment attractiveness of oil and gas companies fell last week by 0.01 percent -- down to a level of 302.41. A story comments on the rating. (7)

In an interview, President of the Titan Companies Group Vladimir Krupchak, head of the board of directors of the Arkhangelsk Pulp and Paper Combine, speaks about serious problems in the state-run forestry complex, which he believes needs an overhaul. (7)

The Molzhaninovka village, a northern stretch of territory near Sheremetyevo Airport, will be transformed into a new housing development. Moscow chief architect Alexander Kuzmin spoke Tuesday about the fate of this land. A story examines the project. (9)

Mayor Yury Luzhkov signed a draft bill Tuesday concerning the 2004 city budget. The brief looks at its major figures. (9, Kommersant, 6)

A story describes the process of leaving your pets at a Moscow city animal shelter for your vacation. These shelters are facing overcrowding.

The case of Sergei Fokin, who committed a crime while in prison, will soon be heard in the central court of Voronezh. With the help of Internet and cellular communications, Fokin organized a firm that leased agricultural machinery and raised 700,000 rubles in pre-payments from unsuspecting agrarians. A story details this unprecedented case. (10)

The Prosecutor General's Office, with the help of the Interior Ministry and the FSB, continued its investigations Tuesday into the criminal case of corrupt policemen. A story offers new facts. (10)


According to the new wording of a treaty between the Tyumen region and its territories -- the Khanty-Mansiisk and Yamal-Nenets autonomous districts -- the latter will retain independence. A story examines the new wording of a law that changes the relationships between regions. (2)

Boris Gryzlov, chairman of United Russia's supreme council, stated on Tuesday that United Russia, in defiance of the previously reached agreements with the People's Party and the Party of Life, will act independently at the upcoming elections. A story comments on his statement. (3)

On Tuesday the Leningrad regional Legislative Assembly elected Damir Shadayev, timber industrialist and regional Duma deputy, as Federation Council representative. (3)

Prime Minister Mikhail Kasyanov has signed a directive on firing Alexandra Levitskaya, first deputy head of the government apparat. The brief explains why. (5)

Deputy Anti-Monopoly Minister Anatoly Golomolzin stated Tuesday that his ministry had submitted a proposal on trade in oil and oil products. A brief gives details. (5)

Ministries and departments have launched a tough struggle for the regulation of the non-state pension fund market. Starting next year, these funds will receive access to obligatory pension insurance and the volume of this market will considerably increase. The Labor Ministry is trying to fix control over this money flow, while the Federal Securities Commission is pursuing its own aims in this sphere. (6)

Officials at the State Fishery Committee collegium on Tuesday calculated the amount of fish caught by foreigners in the Russian economic zone. Their conclusion was that it is economically more profitable to grant quotas to domestic fishermen than to foreigners. (6)

The president of the Lemon Commodities Company (in Ukraine), which controls the Khartsyzsky Pipeline Plant, a leading supplier of large-diameter pipes to Gazprom, arrived in Moscow on Tuesday. The visit is to resolve some serious problems that have arisen with the Russian gas monopoly. A story examines these problems in detail. (7)

The BIN industrial-financial company that manages the Petrovsky network of department stores has received land plots for building two trade and entertainment centers in Moscow. A story describes the company and its business plans. (7)

The leadership of the Tver Wagon-Building Plant has announced the development of the enterprise's new investment program. A story examines it in detail. (7)

Taliban leader, mullah Mohammad Omar, who had been in hiding for 1.5 years, made an official statement Tuesday. The former spiritual leader of Afghanistan called on his supporters to launch a jihad against foreign occupation forces. A story comments on the sensational material with the Taliban leaders' pronouncements published by the Pakistani newspaper "The News" on Tuesday. (9)

Belarussian President Alexander Lukashenko has criticized Russian mass media for its description of current developments in Belarus, particularly the death of writer Vasil Bykov. Brief. (10)

The Kommersant Supplement is devoted to Transport (17-20)


For the first time in Russia's history a bank has been found guilty of disclosing details of its deposits, which are supposed to be kept confidential. The bank in question is the St. Petersburg Industrial Construction bank, in which President Vladimir Putin was a client and shareholder until recently. (A1)

Akhmad Kadyrov, whom the Kremlin has appointed to govern Chechnya, has proposed the separation of Chechnya from Russia to the federal government. If the treaty he has drafted is approved, the Constitution and other federal laws would not hold force in the republic, and it would be a part of the Russian Federation only as a recipient of money. (A1)

A campaign by Gazprom to reacquire problematic assets will cost the gas monopoly more than $1 billion. A story names several assets, saying how much it will cost Gazprom to reacquire them. (A1)

The World Health Organization on Tuesday announced it was safe to visit Beijing. WHO said the SARS outbreak in China's capital city had been contained. Brief. (A1)

Russia will write off 70 percent of Laos' debt, with the remaining $378 million will be paid off over 33 years, Prime Minister Mikhail Kasyanov said Tuesday. (A1)

Beijing and Delhi have dropped their territorial claims on parts of each other's land. India no longer claims Tibet and China has given up its claims on Sikkim. A story focuses on experts' views. (A2)

Before its vacation the State Duma defined taxation rules for small businesses. Deputies have given entrepreneurs the choice of selecting the tax scheme that suits them best. A story examines which taxes small businesses will pay in reality, starting Jan. 1, 2005. (A3)

The Economic Development and Trade Ministry has presented a report on the state of investment in Russia over the first three months of this year. The largest investment was in Gazprom, the oil sector and the food industry, while the oil-processing and agrarian sectors missed out. (A3)

DHL intends to expand its services. Early this year Deutsche Post World Net, part of the Deutsche Postal Group, purchased DHL International from several aviation companies and investment funds. DHL head Uwe Derken talks about the motives behind the move. (A5)

Vedomosti. Companies and Markets& MARKETS SUPPLEMENT

The Boston Consulting Group and a legal firm will inspect the Russian stock market at the request of several exchanges. A story describes the aim of the inspection. (B1)

Russian Aluminum may lose a strategic asset -- the Nikolayev Alumina Plant. The Ukrainian Property Fund on Tuesday said it will work toward acquiring 30 percent of NAP. (B1)

Rosneft is studying the possibility of buying 30 enterprises in the oil and gas sector. This was announced by Rosneft vice president Alexei Kuznetsov. Brief. (B1)

In the first six months of the year Aeroflot expects its net profit to shrink, by Russian accounting standards, down to $16.82 million. (B1)

United Financial Group managing director Ilya Shcherbovich, who has been nominated to the board of directors at United Heavy Machineries, has dropped his candidacy. A brief explains why. (B1)

The consolidated profit at Sibur over the first five months of the year was 26.76 billion rubles ($882 million), up from 9.761 billion rubles for the same period last year. Brief. (B1)

Alrosa has begun to implement plans to enter the gold-extracting business. The company has become a big shareholder in British Celtic Resources, a gold-extracting company. Alrosa has received 23 percent of the firm in exchange for a 50 percent share in Nezhdaninsky, a large gold deposit in Yakutia. (B2)

Premier Automotive Group, a Ford unit that makes elite motor vehicles such as Jaguar, Volvo and Land Rover -- will turn a profit this year after several years of losses.

Iraq has resumed oil deliveries to the world oil market. The first tanker was loaded in the Turkish port of Ceyhan on Sunday. (B3)

Rossiiskaya Gazeta

Document. The amendments to the Federal Law on state registration of legal entities. Full text. (10)

Document. The Federal Law on introducing amendments to Article 36 of the Federal Law concerning political parties and the amendments to the Federal Law concerning election of State Duma deputies. Full text. (11)

Argumenty i Fakty

In an interview highly regarded writer and playwright Edvard Radzinsky discusses several mysteries from Russia's history. (3)

The recent appointment of St. Petersburg Governor Vladimir Yakovlev to a government post is not as strange at it seems at first glance. It is in keeping with the Kremlin's new personnel policy. A story examines the situation. (4)

Multi-millionaire Leonid Nevzlin, who is on Forbes' list of the world's wealthiest people, has been elected the Rector of the State Humanities University, one of the most prestigious schools of higher education. The new rector plans to impose an international model of management. A story describes how the new rector intends to collaborate with big business to benefit the university. (4)

In an interview former Central Bank head Viktor Gerashchenko speaks about the fate of the ruble over the next few years, about guaranteed bank accounts and about Russians' deposits in foreign banks. (6)

In an interview Mikhail Lapshin, leader of the Agrarian Party, speaks about a disturbing situation in villages, saying that only a new effective government policy regarding the agrarian sector can change the situation for the better. Lapshin also focuses on what he dislikes in government policy today. (7)

The reworked draft of the federal government on the reform of army conscription will be submitted to the government later this month. A story examines the new draft's major provisions. (8)

A feature story describes the origin of drinking in Russia and vodka's role in its history. (10)

An very large police operation was launched in Moscow on Monday June 23 to catch members from one of Russia's most dangerous gangs. The operation was controlled by Interior Minister Boris Gryzlov. A story describes the specifics of this operation and the successful results. (12, Trud, 3, Komsomolskaya Pravda, 1-3)

In an interview the rector of the Moscow Institute of International Relations (MGIMO) Anatoly Torkunov, talks about his school as one of the most prestigious city institutes. The focus is its students and guests. Moskva Supplement. (4)


The year 2000 was the last year when people were able to buy places at sanatoriums through their place of work at a discount. This system allowed 2.4 million Russians to take advantage of proper rest and medical treatment in the south with the help of the Labor Union Fund of Social Insurance. This year millions of Russians have found themselves without the Social Insurance Fund' s support. A story describes the situation. (1)

A coup d'etat is being prepared in Russia, says a report that was recently made public by an organization of political scientists called the Council on National Strategy, or SNS. The change in the country's state structure, in the authors' minds, is being planned by financial and industrial groups. Plotters hope that a new government will be formed in 2004. At the recent SNS session where the report was discussed, chairman of the Expertiza Analytical Program Fund, Mark Urnov, shared his negative view on the report. In an interview he speaks about what he disliked in it. (2)

What jobs are employment centers offering to unemployed Russians? A story looks at the situation, explaining why unemployed people are in no hurry to take up many vacancies. (3)

In an interview, First Deputy Moscow Mayor Oleg Tolkachov, the head of the city's property sector, talks about the city's land, its owners and Muscovites' rights to dispose of it. (5)

A feature story describes how a Russian sailor danced with British Queen Elizabeth II at her coronation 50 years ago. Does she remember this? (6)

A story examines how President Vladimir Putin and several other highly placed policymakers regard the idea of enlarging the regions. (7)

Krasnaya Zvezda

A story features the First International Navy Salon that opened in St. Petersburg. The focus is its specific features. (1)

Krasnaya Zvezda offers a weeklong review of the political and criminal situation in Chechnya. Prosecutor Vladimir Kravchenko spoke about the latest terrorist acts in Grozny and in other parts of the republic, focusing on rebels' new tactics. (1,2)

Komsomolskaya Pravda

What do people think of Komsomolskaya Pravda's story describing the recent police corruption scandal? Nine readers on the newspaper's web site share their opinions. (2)

Who in Russia is not corrupt? Ten government officials, State Duma deputies and public figures answer this question. (3 )

The head of the Moscow Territorial Power Bodies Department Sergei Zverev said at a session of the city government on Tuesday that more than 500 proposals from Muscovites during the last mayoral election campaign have been put into effect over the past 3.5 years. A story examines them, saying what proposals have remained on paper. (6)

The new Board of Guardians of LUKoil's Charity Fund of non-commercial organizations held its first session in Moscow on June 24. A story describes the Board of Guardians, its aims, tasks and the session's decisions. (6)

European banks over the next 10 years plan to conduct 50 percent of their banking transactions over the Internet. In an interview Guntis Belyavskis, head of the sales and marketing department of the Latvian Bank Parex, speaks about new technologies used in his bank. (10)

Moskovsky Komsomolets

A story publishes how results of a police operation that was launched on June 23 and that is being controlled by Interior Minister Boris Gryzlov, leader of the United Russia party, could affect the fate of his party. (1,3)

About 78,000 Moscow school graduates will not go to bed on Wednesday evening -- they will get together for goodbye school parties in the evening and in the early hours of Thursday will watch the sunrise from Vorobyovy Gory. A story is devoted to the graduates and their farewell parties. (1,2)

According to the new rules that will take effect on June 30, pregnant women are allowed to work with computers for three hours a day. A story examines the rules. (1)

What difficulties do foreigners working in Russia face? A story examines them. Official statistical figures are given. (4)