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. Last Updated: 07/27/2016

Press Review

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


Spending time at the beach without alcohol is unthinkable for Russians according to Izvestia. This is demonstrated by the fact that 70 percent of those who drown in Russia are intoxicated. (1,2)

Russia marked Navy Day on Sunday. In an interview to mark the occasion the commander of the country's Navy Vladimir Kuroyedov speaks about the Russian Navy on Monday, about what it may become in the future and about Navy service. (1,4, Kommersant, 3, Rossiiskaya Gazeta, 2, Vremya Novostei, 4, MK, 1,2)

The Economic Development and Trade Ministry has raised its forecast for GDP growth in 2003 to 5.9 percent. Government officials have changed the figure five times already this month in public reports. A story examines the corrections with a critical eye, concluding that economic predictions in Russia remain entirely political. (1,6, Nezavisimaya Gazeta, 4)

U.S. President George W. Bush has announced that the death of Saddam Hussein's two sons marks the end to the Iraq's dictatorship. In an interview Charles Pena, Director of Studies for defense policy at Washington's Cato Institute, shares his views on the death of Saddam's sons, and on Bush's statement. He also says how he envisions future developments in Iraq. (1,2, Vremya Novostei, 5)

A story explains why Stalin intended to kill Hollywood star John Wayne. The sensational information is contained in a book by British historian Michael Mann that will appear in bookshops this fall. (2)

An editorial is devoted to the coup d'etat in the Philippines that appears to be of a very unusual character. (2, Kommersant, 11, Rossiiskaya Gazeta, 1,2, Vremya Novostei, 5, Nezavisimaya Gazeta, 6, MK, 2)

The creation of a single economic zone to encompass Russia, Belarus, Ukraine and Kazakhstan will be prepared at the CIS September summit with the aim of expanding the zone within five to seven years. The plan is the result of meeting between high-level representatives of the countries responsible for shaping the zone. (3)

The city of Severodvinsk in northern Russia, which contains a shipyard for nuclear submarines, marked two holidays on Saturday -- its 65th jubilee and the 450th anniversary of the establishment of Russia-Britain diplomatic and commercial relations. The festivities were attended by British Ambassador to Russia Sir Roderic Lyne, who became the first British Ambassador to visit the secret Severodvinsk nuclear submarine-building plant Sevmashpredpriyatiye. A story describes Britain's historical ties with the city. (3)

Boris Gryzlov arrived in Kuban over the weekend under the auspices of the Interior Ministry, which he heads. This was announced by a press release of the local administration. But it was clear to everybody that Gryzlov is visiting this region as leader of the pro-presidential United Russia party. A story examines the program of his visit. (3)

The Supreme Arbitration Court last week announced its final ruling on the case concerning shares of the Kotlass pulp and paper plant, saying that the sole legitimate owner of this shares is Ilim Pulp Enterprises. A story comments on the ruling. (3)

The United States is doing a great deal to boost missile defense. After giving up the 1972 Soviet-American ABM Treaty, Washington has radically increased funding for projects in the missile defense sphere. In an interview Yury Baluyevsky, first deputy chief of the general staff, speaks about Russian-American cooperation in this sphere. A detailed scheme showing the United State's developments in missile defense between 1983 and 2007 is also given. (5)

The Anti-Monopoly Ministry on Friday postponed for another two weeks its decision on the legitimacy of the deal to merge Yukos and Sibneft. The participants in the merger have cited technical reasons to explain the postponement. At the same time Sibneft has unexpectedly announced a payment of $1 billion in interim dividends. This bonus to shareholders does not go against plans for the merger, but its timing has raised doubts on the market. (6, Vremya Novostei, 7)

Gazprom deputy head Alexander Ryazanov has failed to reach agreement in negotiations with Belarus on launching the Beltrans joint venture. The only thing the sides managed to do on Friday was to put down their differences on the issue in written form. A story examines the issues in detail. (6, Kommersant, 7, Vremya Novostei, 8,Nezavisimaya Gazeta, 1,6)

Passions continue to rage in Zheleznogorsk (Irkutsk region) around the Korshunovsky GOK ore processing unit. A story describes a disturbing situation at this enterprise and in the city. (6)

Moscow's Institute of the City Economy Fund has presented its study on the theory and practice of housing and utility reform. A story examines the study, concluding that in the opinion of its authors, no one needs the communal reform but it is undoubtedly necessary. (7)

A feature story highlights babushka Vera, 70, who provides information to passers-by for five rubles about how to get to this or another street or organization in Moscow. It asks whose service -- hers or the city's information service Mosgorspravka -- is more effective? (7)

The State Sanitary and Epidemiological Service of the Moscow region on Sunday warned that many rivers and ponds in the Moscow region are unsuitable for swimming. The brief names some of them. (7)

A brief describes how Moscow authorities have decided to hold the First International Tea Festival near the walls of the Kremlin and St. Basil's Cathedral on Sept. 5 and 6. (7)

A feature story describes how 63-year-old Russian tourist Valentina Epp was imprisoned in Cyprus without any apparent reason. She was deported home without her baggage, money or documents and without receiving a reason for her imprisonment? (8)


Interior Minister Boris Gryzlov has signed an order to prohibit private guard services from guarding facilities that are under dispute by their owners. A story reveals the essence of the document. (1,5)

Prime Minister Mikhail Kasyanov after completing a trip to Siberia decided to spend several days of his vacation in a guest house on the shore of Lake Baikal. A story examines results of his trips to Novosibirsk and Irkutsk and his working meetings with local administrations. (2, Nezavisimaya Gazeta, 1, 3)

Deputy Prime Minister Alexei Kudrin in Slovenia on Saturday said that Russia is a leading donor to poor countries, citing the fact that over the past five years it wrote off poor countries' debts worth $35 billion. A story comments on his statement. (2,Rossiiskaya Gazeta, 2 Nezavaisimaya Gazeta, 4, Vremya Novostei, 1)

Vladimir Butov, governor of the oil-rich Nenets autonomous district in the Far North, who is wanted by police for beating a St. Petersburg traffic police officer, has stated through his lawyer Anatoly Kucherena that he will not go to the St. Petersburg Prosecutor's Office until the charges are dropped. A story details the case. (3)

President Vladimir Putin has made the first personnel appointments in the central apparat of the Border Service, which four months ago became part of the Federal Security Service (FSB). Now Border Service head Colonel-General Vladimir Pronichev has six new assistants. A story comments on the presidential decree. (3)

An attempt on the life of Chechen administration head Akhmat Kadyrov's son Ramzan was made in Chechnya over the weekend. A story gives details. (4, Rossiiskaya Gazeta, 2, Vremya Novostei, 2, MK, 2)

A story examines a draft of the government's decree to limit banks' access to the resources freed up by pension reform. The document states that if the decree is signed pension monetary flows of between $5 billion and $7 billion every year will be divided by not more than 10 banks. (5)

In an interview, deputy head of the Federal Securities Commission Gennady Kolesnikov speaks about the fate of the Prolog company and its clients. (5)

The Kosmos Pavilion in the All-Russian Exhibition Center will be closed from Monday for a major renovation. Those leasing the property believe that the exhibition administration would like to get rid of traders but are willing to uphold their rights. A story examines the administration's stand on the issue. (6)

The heads of leading domestic auditors' and bookkeepers' associations on Friday completed work on a draft code of auditors' ethics. A story looks at the document, saying that the Finance Ministry is now responsible for its fate. (6)

The investment community's attention last week was fixed on the corporate bonds market, which due to investors' panic was hit by a wave of poor price-formation. What suffered most were recently released highly-liquid securities. A story cites several concrete facts, showing which bonds suffered most. (6)

The controlling stake of the Transformator plant has come under the management of structures affiliated with the leadership of Mosenergo. A story examines the deal. (7)

A scandal has erupted in Georgia around an agreement signed on July 1 by Gazprom head Alexei Miller and head of Georgia's Energy and Fuel Ministry David Mirtskhulava. (7)

The director-general of the Kursk Akkumulyator Plant, Alexander Yager, at a news conference on Sunday stated that the Samara United Company is trying to establish control over his plant. A story describes the conflict (7)


The Economic Development and Trade Ministry has proposed that the government again raise import duties on foreign-made automobiles in order to attract foreign carmakers to Russia. According to the strategy to boost the automobile industry, the import tariff on all foreign-made automobiles should be raised to 35 percent but only for 2 years to 3 years, after this it should be cut down to 5 percent to 10 percent. A story comments on the proposal. (A1)

Domestic video pirates have found an ideal method of getting their hands on quality copies of Hollywood films when they appear on screen. A story describes how they do it. (A1)

Sibneft's owners have decided to withdraw all liquid resources from the company on the threshold of its deal with Yukos. On Friday Sibneft announced its plans to pay its shareholders over $1 billion in interim dividends. Such generosity has revived investors' interest in Sibneft securities. (A1)

Deputy Prime Minister Alexei Kudrin has warned against superfluous control over people's private lives. In his words, interfering in private lives is the other side of the crackdown on legalizing incomes. Brief. (A1)

The council of unions and association of the oil and gas complex will draft proposals by the fall to amend the taxation of enterprises involved in the extraction of oil and gas. A brief says what the proposals mean. (A1)

A single economic zone whose creation has been announced by the presidents of Russia, Ukraine, Kazakhstan and Belarus, will emerge in between five and seven years. A story explains why the presidents failed to sign an agreement over the weekend, focusing on numerous differences. (A2)

Chechen administration head Akhmad Kadyrov will be unable to turn his republic into an offshore zone. His draft of the Chechnya-Russia treaty, which would grant Chechnya wide-scale economic autonomy will not be accepted by the Kremlin working group as the basic document, presidential aide Sergei Yastrzhembsky said Friday. (A2)

A story describes how the aggravation of relationship between businesses and the country's authorities in July will affect interest rates, capital export and investment activity. (A3)

In an interview, Moscow Mil Helicopter Plant Director-General Yury Andrianov speaks about his profit-making enterprise, noting that without large federal defense orders, the construction of vertically-integrated companies in the defense sector is useless. (A5)

Vedomosti. Companies and Markets& MARKETS SUPPLEMENT

Levan Zolotaryov, the founder and leader of Standart Bank, a Russian affiliate of Standard Bank London, has resigned. With his resignation, there is not a single affiliate of a Western bank left in Russia that is headed by a local financier. (B1)

A month after Thomson Financial, the British magazine Euromoney has selected leaders in the investment banking business. Its world list, unlike the Thomson version, does not contain any Russian companies. A story examines leaders on the Russian market. (B1

Russia's Saturn NPO and Japan's Sumitomo Corporation have signed an agreement on cooperation in the Russian energy machine-building market until 2010 or 2015 and on a $60 million program of modernizing at Saturn over 2003 to 2008. Brief. (B1)

LUKoil on Friday cleared the release of ruble bonds worth 3 billion rubles ($98 million) according to a company press release. Brief. (B1)

The government of Chelyabinsk region last week made the decision to sell a controlling stake in the South Ural Mining Company at an auction. The auction is supposed to take place before the end of the year. Brief. (B1)

MDM Bank has nominated 10 candidates for the 12 seats on the Board of Directors of Omskenergo, according to the energy company. Unified Energy Systems has also nominated 12 candidates. A brief looks at some of them. (B1)

Severstaltrans and SG-Trans have decided to start working in the oil transportation sector. A story comments on their decision, saying what has motivated them to make this move. (B2)

The Union of Auto Insurers has summed up the initial results of insurance companies' work on obligatory auto civil insurance. A story gives figures to illustrate unexpected positive results. (B3)

Rossiiskaya Gazeta

Italy's President Silvio Berlusconi is arriving in Moscow on Tuesday to meet with President Vladimir Putin. A story looks at reasons behind this unexpected visit, focusing on Berlusconi's recent meeting with U.S. President George W. Bush, with whom he discussed the international situation and current developments in Iraq. (1,3, Vremya Novostei, 1, 3)

The Moscow city government has endorsed a new program, under the name Housing for Young Families. A story examines the document initiating the program, focusing on which young Moscow families will be provided with housing. (1,4)

The European Court of Human Rights in Strasbourg is considering a case on the rights of Russian military pensioners, mostly former sailors. The fact is that 1,200 Navy veterans are unable to get full pensions, including Captain Vladimir Litvinov who brought the case to the court. (1,2)

Federation Council Speaker Sergei Mironov on Sunday arrived in Novosibirsk to meet with local activists of his Party of Life. A story describes his visit. (2)

Five officers from the Iranian secret services have been arrested in connection with the death of the female Canadian journalist Zahra Kazemi. A story details the case. (3)

The number of candidates running for the gubernatorial seat in the upcoming elections in St. Petersburg has reached 31. A story examines several political parties that have nominated candidates. (5)

Novaya Gazeta

Upcoming presidential elections in Chechnya will be a major political event this fall. A story views Chechen administration head Akhmed Kadyrov as the Kremlin's protege, saying that his defeat will mean Russia's defeat in the second Chechen war. A story describes the Kremlin's hopes and problems. (2)

Who writes letters to President Putin and what are they about? A story reveals their content and the difference they make. (2)

According to results of the latest opinion poll conducted by the independent ROMIR agency, 77 percent of respondents regard the role of today's domestic capitalists as fully or partially negative, and 77 percent believe that past privatizations need to be revisited. In an interview, Yukos head Mikhail Khodorkovsky says what he thinks of the findings. (3)

Military observer Pavel Felgenhauer examines the differences between Chechnya and Iraq in the light of last week's successful American operation to liquidate Saddam Hussein's sons -- Kusei and Udei. (4)

A story describes a new Chechen magazine, Dosh (in English, Word), that is published in Russian, focusing on its content. (5)

In an interview, State Duma Deputy Alexei Melnikov comments on a news conference on July 24 by Tatyana Akimtseva, a lawyer representing Alexei Pichugin, head of the fourth internal economic security department of Yukos, who is accused of a double murder. (6)

Novaya Gazeta special correspondent Anna Politkovskaya offers new facts that have appeared in the extradition case of Akhmed Zakayev, an envoy of Chechen rebel leader Aslan Maskhadov. The hearing of the case continued in the London Magistrate's Court on July 24. (7)

Highly-regarded economist Yevgeny Yasin made a speech at a round-table discussion in Yukos' receptions center on July 5 immediately after the arrest of Menatep's Platon Lebedev. Novaya Gazeta prints the speech. (8)

In an interview economist Mikhail Khazin, head of the Neokon consulting company, explains what is happening today with the American economy and the dollar. He tries to forecast its fate. (11)

Komsomolskaya Pravda

Monday marks 20 years since President Vladimir Putin and his wife Lyudmila registered their marriage in St. Petersburg. They arranged two marriage parties -- one for friends and their parents, and the second for Putin's office colleagues. The first lady reminisces on those happy days. (2)

In an interview, forensic psychiatrist Mikhail Vinogradov, former Chairman of the Military-Psychiatric Commission of the Interior Ministry, comments on the chain of murders of young girls in Moscow in July. (3)

Alexei Kistenev, chief specialist at the Severtsov Institute of Ecology and Evolution, speaks about the impermissible levels of pollution of the Moskva River and about numerous mutated fish caught in it. (4)

In an interview Andrei Belousov, Director of the Center for Macroeconomic Analysis and Short-Term Prognosis, speaks about the Central Bank's $64 billion of reserves and about how it will be spent. (5,8)

A story describes the fate of counterfeit dollars in Russia, focusing on how they are made. (7)

Moskovsky Komsomolets

Muscovite Alexei Martynov in May won 125,000 rubles ($4000) on the television program Who Wants to Be a Millionaire, but he has not yet been able to get his money. A story describes his efforts. (1)

Authorities in the Moscow region have decided to open special clubs for young families where they will be able to spend their leisure time. A story describes the project. (1)

Russian convicts will be able to take part in an international art contest that will take place in Canada on Aug. 4. A story describes the contest and its participants. (1)

Moscow doctors have taken up the aim of eradicate measles in the city by 2010. A story describes their efforts, saying that they will attempt it in three stages. (1)

The 4th Moscow Clown Planet festival will open in Moscow's Young Spectators theater on July 31. A story describes its program to include performances by 100 clowns from Russia and Ukraine. (2)

According to the Environment Ministry, there are 530 fires in Russia today, including four in the Moscow region. A story describes what measures have been taken by local authorities. (2)

Legendary British filmmaker John Schlesinger died in a Palm Springs hospital on Sunday at the age of 77. A story describes his brilliant creative career. (2)

A feature story highlights former police officer Oleg Lipa, who twice fought in Chechnya and has several medals including the Order of Courage. He has been living in Russia for nine years, but up to now he has been unable to receive Russian citizenship. According to his passport he is a citizen of Ukraine. (9)

A feature story describes how and when ice-cream appeared in the world and in Russia and what it was originally called. (9)

Pages of history. A feature story is devoted to Fannis Kaplan, the most notorious female terrorist of Soviet times, who in 1918 fired at Lenin. (12)