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. Last Updated: 07/27/2016

Press Review

Vedomosti. Companies and Markets
Nezavisimaya Gazeta
Rossiiskaya Gazeta
Noviye Izvestia
Moskovskiye Novosti
Komsomolskaya Pravda


The fourth mine at the Yegorshinskiye coalmine in the Bulanash settlement (Sverdlovsk region) was flooded on July 11. This usually happens in August. Miners are going hungry, because they have not been paid for several months. The flood has left workers without work and without hope. A story describes the accident and the miners, who are trying to find the guilty. (1,2)

Oligarch Roman Abramovich, the governor of Chukotka, at a news conference in Anadyr on Monday said he has no intention of running his business from outside Russia or leaving the country. He also announced his plan to build a modern Moscow medical center named Krylatskiye Hills. A story examines the project, focusing on companies responsible for it. (1,2, Vremya Novostei, 1,2)

Aug. 11 marked the 30th anniversary of the first showing of the popular series "17 Moments of Spring" with its main character Stirlitz, who has become the most famous film hero in Russian cinema. The film has brought its creator Tatyana Lioznova many prizes. In an interview she talks about her brainchild. (1,10)

A feature story is devoted to the city of Kimry (population 57,000) in the Tver region, a leading domestic grain commercial center. Its residents in the 19th century were the best shoemakers in Russia. Today the city is notorious for its 7,000 registered drug addicts. (1,9)

According to results from the Public Opinion Fund's poll conducted early this month, only 52 percent of Russians are building plans for the future. A story comments on the results of research, citing views by a psychiatrist and a sociologist. (2)

An editorial is devoted to the passing of the third anniversary of the Kursk nuclear submarine disaster with its 118-man crew. Has anything changed in the fleet since the tragedy? There are ever more calls at present to declassify the files relating to the Kursk case. (2, Rossiiskaya Gazeta, 1, Zhizn, 5, Krasnaya Zvezda, 1, Komsomolskaya Pravda, 10, 11)

Left-wing economist Sergei Glazyev on Monday announced his break with the Communist Party (KPRF). Glazyev and former People's Party member Dmitry Rogozin have begun to create a coalition of people's patriotic forces from several small left-wing organizations. A story examines Glazyev's project, citing views by KPRF leader Gennady Zyuganov and People's Party leader Gennady Raikov. (3, Kommersant, 3, Rossiiskaya Gazeta, 3, Vremya Novostei, 2, Noviye Izvestia, 2)

President Vladimir Putin and FSB Director Nikolai Patrushev on Monday discussed measures aimed at consolidating Russia's southern border. Brief. (3)

Another six special task force (OMON) detachments have been formed in the interior troops. This was announced by the Interior Ministry's press service on Monday. Brief. (3)

North Korea's Deputy Foreign Minister Kun Sok Un on Monday arrived in Khabarovsk, and Tuesday is expected to arrive in Moscow for consultations with his counterpart Alexander Losyukov. They will discuss the complex relationships between Russia and North Korea. Brief. (3)

Participants in the Shanghai Organization of Cooperation last week sponsored international military exercises that lasted for several days. A story examines the aims and tasks of this cooperation. (3)

President Vladimir Putin on Monday unexpectedly raised the issue of imposing a single currency for Russia and Belarus. Putin intends to meet with Belarussian President Alexander Lukashenko in several days to decide whether it's worth continuing with the plan for a single currency. A story comments on the issue, focusing on both sides' stands. (3, Kommersant, 1, Noviye Izvestia, 4)

Representatives from 54 regions and Federation Council senators on Monday discussed the 2004 draft budget. A story describes the discussion, singling out several controversial budget provisions.(3, Kommersant, 2, Gazeta, 8, Noviye Izvestia, 4)

Mora Harty, U.S. undersecretary of State on consular affairs, explains the new visas rules that were imposed by U.S. embassies and consulates starting from Aug. 1. (4)

Gazprom this year intends to sort out the issue of regional debts caused by consumers not making gas payments. Since debtor-regions are not in a position to pay cash, the Gazprom leadership intends to recover funds in the form of property and local gas-distributing stations. A story comments on Gazprom's plans, focusing on views by five analysts. (5)

Nuclear energy companies are struggling to find their place in the new liberalized model of the energy market. The paradox is that although useful for the public, the nuclear energy sector remains unprofitable for private investors. A story comments on the issue. (5)

Rosneft and Norilsk Nickel on Monday signed a memorandum on cooperation in the Arctic region and on increased volumes for cargo turnover through Arkhangelsk. This was announced by the companies' press services. Brief. (5, Kommersant, 5)

The Unified Energy Systems leadership on Monday made public financial reports for the first six months of this year. The company's net profit decreased by 48.8 percent to 11.6 billion rubles ($381 million) as compared with the same period last year. Brief. (5)

External manager of Tyumen Airlines Gennady Gerasimov intends to sell his enterprise without complying completely to the law regulating bankruptcy. Brief. (6)

Moscow as an aviation juncture places tenth in Europe by the quantity of passengers. Last year the growth in the number of passengers was a record for Europe at 8.1 percent. This year growth is continuing, largely due to Domodedovo Airport, which in 2005 intends to become the main airport in Russia. Domodedovo Director-general Sergei Rudakov spoke about his company's ambitious plans. (6)

The government has decided to restructure the production of modern airplane engines for military and civil aviation. Experts, however, oppose the government's initiative to create a monopoly in this sphere. A story explains why. (6)

What is to be expected in August from Moscow's MAX air show? In an interview Givi Dzhandzhgava, director-general of the Technocomplex company, answers this question, focusing on the current state of the domestic defense and industrial complex. (6)

The National Reserve Bank in Voronezh has created the National Aircraft-Building Corporation. Brief. (6)

After new sanitary rules took effect on June 30, Moscow sanitary and epidemiological agencies have once again launched inspections into the city's small commercial kiosks. A story looks at these inspections with a critical eye, explaining how sanitary authorities earn money on them. (7)

The Northern River Terminal connecting Moscow with St. Petersburg, Astrakhan, Rostov-on-Don and other cities is to be overhauled. This was announced by City Hall. Brief. (7)

The laser show on Red Square, to be executed Sept. 6 for City Day, was presented at the Moscow Culture Committee on Monday. A story describes this wonderful display and its German author. (7)

Former State Duma deputy from Dagestan Nadirshah Khachilayev, a former leader of Russia's Union of Moslems, was killed in Makhachkala on Monday. A story describes this tragedy. (8, Kommersant, 1,4, Gazeta, 1,3, Vremya Novostei, 1)


The Finance Ministry plans to get back money that was overpaid to the regions in compensation for the abolition of sales tax. A story comments on the ministry's decision. (2)

The Moscow Prosecutor's Office will check the constitutionality of the Moscow government's decree on inviting and using foreign workers. Attention is on this document as it provides city authorities with the right to decide whether or not to register people coming to Moscow who plan to work. A story comments on the issue. (4)

The Defense Ministry has officially expressed its displeasure at the quality of training for lieutenants at military departments of civil institutes and universities. A story examines the ministry's remarks. (4)

Alfa-Eko's deal to buy a package of Megafon stock may be blocked. The Telekominvest holding possesses 31.3 percent of Megafon shares and said on behalf of its shareholders that the owners of LV Finans (which owns 25 percent plus one share of Megafon) have violated the agreements reached by the founders by selling their business to Alfa-Eko. A story describes the conflict. (5)

The Nokian Tyre company will begin production in Russia at its own factory by 2005. This was announced by Nokian President Kim Gran, who said this project does not preclude joint plans with the Amtel holding to make tyre-covers. A story reveals the company's plans. (5, 7)

Moscow Inter-Bank Currency Exchange dealers, starting from Monday Aug. 11, will have new ways of working with securities. A story examines the situation in detail. (6)

The Federal Property Fund on Monday made public the results of competition for an additional selection of banks to service settlements in selling state-controlled stakes. Brief. (6)

The Finance Ministry's bank account before the end of this month will receive a $500,000 payment from the sale of the property from the notorious Golden Ada company. Brief. (6)

Russia plans to release eurobonds worth $2.76 billion in 2004. This was announced in a Finance Ministry's press release. Brief. (6)

Prime Minister Mikhail Kasyanov has released Yevgeny Vasilyev from the post of Deputy Chairman of the Management Board for the Pension Fund due to staff cuts. Brief. (6)

The population's real incomes next year are expected to increase by 8 percent compared with this year. This forecast was given on Monday by Deputy Economic Development Minister Ivan Materov. (6)

The Ost-West Group company is in talks with Millhouse Capital over the purchase of its ICN Rossiya pharmacy network. Investors also are showing interest in the Chudo Doktor network. (7)

Systems-Telecom first vice-president Vasily Sidorov at a session of the Mobile Telesystems board of directors was appointed acting head of the company. (7)


Alfa-Group's recent purchase of LV Finance with a blocking stake in Megafon may be stopped. Megafon's other shareholders said Monday that existing agreements run counter to such a share transfer and according to unofficial information they intend to dispute this deal in court. (A1)

Since the start of this year President Vladimir Putin has received complaints from more than 200 people about oil companies polluting the natural environment. A story examines several complaints, oil companies' reactions and experts' views. (A1)

Many domestic customs brokers, starting Jan. 1, 2004, will most likely have to curtail their business. According to a new Customs Code in order to continue activity brokers will have to place a 50 million ruble ($1.6 million) bond with the State Customs Committee. Analysts and market participants believe that only 11 to 15 large brokers will be able to do this. A story examines this new provision of the Customs Code with a critical eye. (A1)

Foreign debt payments in the 2004 draft budget that the Finance Minister has submitted to the government stand at $16.06 billion. This is $1.2 billion less than the figure for 2003. Brief. (A1)

President Vladimir Putin made it clear Monday that negotiations for a single currency for Russia and Belarus cannot linger endlessly. Both sides have endorsed a draft agreement, according to which Moscow in 1 1/2 years will control Minsk's fiscal policy. (A2)

Moscow authorities may prohibit Muscovites from parking their cars near the entrances to apartment blocks. City Hall's press service announced Monday that the Moscow government approved a draft bill parking in Moscow. A story examines the document. (A2)

The Economic Development and Trade Ministry has proposed a single, lowered excise rate on all types of gasoline and the transfer of revenues to oil refineries. A story reveals the essence of the ministry's proposals. (A3)

Volkswagen has begun to assemble models in Ukraine. Three experts share their views on how to entice Western automakers to Russia. (A4)

The Mobile TeleSystems board of directors on Monday appointed Vasily Sidorov to the post of the company's president. He will take up his duties on Sept. 1. In an interview Sidorov comments on his appointment, focusing on other personnel changes. He also talks about his first steps in the new post. (A6)

Vedomosti. Companies and Markets& MARKETS SUPPLEMENT

The Unified Energy Systems management board has defined conditions under which it is willing to hand over the company's assets to foreigners. Only 12 companies in the world meet these conditions. (B1)

Sberbank in mid-August plans to lower its interest rate paid on deposits by 1 percent to 2.5 percent. Many banks have already done this. A story comments on Sberbank's decision. (B1)

Russian oil will soon be able to get to the markets of Eastern Europe through the Druzhba oil pipeline. Yukos intends to sign an agreement on the construction of a new pipeline that will connect Druzhba with an oil refinery of Austrian oil major OMV. (B1)

The Press Ministry on Monday said that exclusive rights for the film "The Romanovs. The Crown-Wearing Family" made by the Vera Film Studios, will be transferred to Sberbank. Its press service spokesman explained the situation. Brief. (B1)

Gazprom has submitted to the Lithuanian government a new proposals on the purchase of a 34 percent of stock of Lietuvos Dujos. Gazprom has not revealed the content of its new proposals. A brief looks at Lithuanian information about them. (B1)

Former Merrill Lynch energy trading manager Daniel Gordon has been suspected for embezzling $43 million. This was announced by the Bloomberg agency. Brief. (B1)

Navigation along the Volga River may end by 2008 due to low water levels in the Gorodetsky hydrojuncture outside Nizhny Novgorod. Only the construction of a $300 million dam could save the situation. (B2)

Central Bank First Deputy Head Oleg Vyugin said Central Bank gold and currency reserves in August may decrease by $2 billion, while in the remaining 4 months of this year they will grow to $67 billion. Experts consider Vyugin's estimations are too conservative. (B3)

Nezavisimaya Gazeta

Russia's First Lady Ludmila Putin will be the curator of the Russian Culture Center in Tbilisi. In October she will travel to Tbilisi to attend a ceremony for the laying of the foundation of the future center. This agreement was reached back in May during the celebration of St. Petersburg's 300th Anniversary. A story describes the significance of this future center. (1,5)

A document on the appointment of the director-general of the Almaz-Antei concern will soon be submitted to Prime Minister Mikhail Kasyanov for signing. This post is to go to Major-General Vladislav Menshchikov, whose candidature was suggested by Kremlin Deputy Chief of Staff Viktor Ivanov. A story comments on this expected appointment and focuses on other worthy nominees. (1,3)

A Hollywood team led by U.S. filmmaker Jeff Celentano began shooting a new action film titled "Moscow Heat" in Moscow on Monday. A story looks at its primitive plot and discusses how Americans sometimes perceive Russia and its people. (1)

The government commission in charge of administrative reform with Deputy Prime Minister Boris Alyoshin as its head will hold its first session on Tuesday to discuss several technical and organizational issues. A story describes the commission's members, focusing on its major task. The Commission is to present a draft plan for forming a new Cabinet of Ministers this fall. (2)

Moscow Regional Road Board (Mosavtodor) chief Igor Kosenkov over the weekend spoke about the project of building several toll roads in the region. The roads will duplicate federal roads. A story comments on the project, focusing on views by four experts. (3)

The Federal Program "The South of Russia" that was initiated by President Vladimir Putin in November of 2000 is being put into effect very slowly. The Presidential envoy to the Southern Federal District Viktor Kazantsev has harshly criticized regional governors for squandering funds that have been allocated specially for the program. (4)

According to Defense Ministry sources, Tajikistan's leadership is demanding from Russia that it write off the Central Asian republic's $300 million state debt as a preliminary condition of creating a Russian military base. A story explains why Tajikistan toughened its stand on the stationing of a Russian division in the republic after Putin's visit there. (5)

Horseback riding has become a fashionable and very expensive hobby in Moscow today. A feature story describes this hobby and reveals how much it costs to keep a horse in a private stable. (9)

The Soviet Union on Aug. 12, 1953, successfully detonated the world's first hydrogen bomb on the Semipalatinsk testing ground. A story describes how it was created and who were its creators. (11)

Rossiiskaya Gazeta

The Finance Ministry has begun to accept applications for participation in a tender for selecting a special depositary and management companies that will manage people's pensions. A story describes the conditions of the competition scheduled for Aug. 26 to Aug 28. (1,2)

The Federation of Air-Traffic Controllers Labor Unions has set Aug. 13 as the day when the controllers will go on strike in demand of higher wages. A story describes how the strike will proceed. (1,2)

In an interview Central Election Commission spokesman Vladimir Lysenko speaks about how parties are collecting lists of electoral signatures to qualify for the parliamentary election race . (3, Noviye Izvestia, 2)

A story examines how stricter rules of issuing U.S. entry visas have already negatively affected the U.S. economy. (4)

Political scientist Andranik Migranyan presents an in-depth analysis of the conflict between power structures and the Yukos oil giant, which after merging with Sibneft may become the fourth largest oil company in the world. The author focuses on political tendencies that the Yukos conflict has brought to light. (7)

Noviye Izvestia

A scandal has erupted surrounding the so-called Muscovite social cards, which three years ago city authorities began to issue to Moscow pensioners and poor with the aim of improving their living conditions. Today they have begun to return these cards to local social welfare departments. In practice, these social cards help to rob people rather that help them. A story gives concrete facts to illustrate this point. (1,3)

A story describes the pre-election situation in Karachayevo-Cherkessia, where the presidential elections will take place next Sunday. Over a thousand police officers from different republics have arrived in the republic to prevent disturbances. (1, 2, Moskovskiye Novosti, 9)

The watermelon season has begun in Moscow. A notorious checkpoint for the distribution of watermelons around Moscow has begun functioning at the crossroads of the Moscow Ring Road and Varshavskoye Shosse. A story describes the checkpoint. (3)

Moskovskiye Novosti

A story explains why U.S. Ambassador to Belarus Michael Kozak had to leave Minsk. (3)

The fascinating campaign "It's Time to Leave the Shade " is snowballing in Oryol. The aim of this campaign, which is sponsored by the regional affiliate of the Opora Rossii (Support of Russia) organization, is to expose local bureaucrats who are holding back the development of small businesses in the region. A story describes the action. (3)

Political scientist Dmitry Furman examines who is deciding the fate of the All-Russian Center for the Study of Public Opinion and its highly-regarded director Yury Levada. (5)

The most serious financial catastrophe in Russia's contemporary history took place five years ago, in August 1998. Several stories are devoted to this event, which left many people in poverty. In an interview banker Alexander Smolensky shares his view on the default, saying that it was the worst decision of that time period. (6,7)

Former journalists of the TVS television channel Viktor Shenderovich and Vladimir Kara-Murza are working now on the RTVi channel, which belongs to former media-mogul Vladimir Gusinsky. A story describes their new job and their viewers. In interviews they talk about their work. (11)

Komsomolskaya Pravda

A feature story describes the first marriage in space between Russian cosmonaut Yury Malenchenko now in the International Space Station and a 27-year-old American of Russian origin Yekaterina Dmitriyev. A story asks why the bridegroom's parents were absent from the wedding. (2,3)

President Vladimir Putin doesn't have much time to put into effect his three major aims (they are mentioned in the story) . Will he be able to make them a reality and who will help him do it? A story answers these questions. (4)

Moscow authorities have toughened conditions for those who are coming to the city to work. Tatyana Chetvernina, head of the Center for Labor Market Studies, comments on the city authorities' decision. (5)

A feature story describes a circus elephant that during a guest performances of its circus in the Kostroma region two months ago sank in the local swamp and died. The local authorities since then have no idea how or where to bury its five ton body . (14, 15)