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. Last Updated: 07/27/2016

Press Review

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


A K-159 nuclear submarine with two deactivated nuclear reactors sank in the Barents Sea on Saturday as it was being towed to a scrapyard. Two people died, with another seven missing. One person survived out of the 10 people on board. According to the Northern Fleet's press service, the submarine will be raised from a depth of 238 meters. Defense Minister Sergei Ivanov said towing procedures had been violated. A story features the accident, reflecting on the reasons for the tragedy. All central papers comment on the accident, with some of them opposing the official line. (1,2, Kommersant, 1,3, Rossiiskaya Gazeta, 1,2, Gazeta, 1,3, Novaya Gazeta, No. 64, pp. 1, 2,4 Noviye Izvestia, 3, Nezavisimaya Gazeta, 1,7, Vremya Novostei, 1,3, Zhizn, 4, 5, Komsomolskaya Pravda, 1-3, MK, 1, 3)

U.S. Library of Congress Director James Billington, a leading Russian culture researcher and a founder of the program "The Open World," is expected to arrive in Moscow this month. In an interview he talks about what historically unites the United States and Russia, about the role of culture in solving political issues and about the role of books and the Internet in the contemporary world. (1,3)

A feature story on the start of the new school year describes the fate of three people who became friends at school and have remained loyal to their friendship. (1,2)

An editorial is devoted to the first day of school, the traditional Day of Knowledge. Its first lesson will be devoted to fire-safety rules. (2, Vremya Novostei, 2, Noviye Izvestia, 1,7)

Iraqi Shiites have promised to take vengeance on Sunnis loyal to Saddam Hussein and on U.S. invaders for the death of Ayatollah Mohammed Bakr al-Hakim. A story describes the tense situation in Iraq, saying it is on the brink of civil war. (2, Kommersant, 9, Noviye Izvestia, 5, Gazeta, 2, Vremya Novostei, 1,2, Nezavisimaya Gazeta, 6)

A story examines the major issues that President Vladimir Putin and Italian Prime Minister Silvio Berlusconi discussed during their negotiations in Sardinia over the weekend. (3, Kommersant, 2, Rossiiskaya Gazeta, 1,2, Gazeta, 2, Vremya Novostei, 1, Nezavisimaya Gazeta, 1,6, Komsomolskaya Pravda, 9)

Russian and Cyprian diplomats in Nicosia on Monday will hold their first talks on imposing a visa regime between the two countries starting Jan. 1, 2004. A story comments on the issue. (3)

According to recent sociological polls in Bulgaria, only 28 percent of people support Prime Minister Simeon Sakskoburggotsky, a Bulgarian king without a throne. Just two years ago the figure was 70 percent. A story examines several possible reasons behind his rating fall. (4)

The International Association of Lawyers has proposed to move the UN Headquarters from New York. The Association is willing to submit its proposals to UN Secretary-General Kofi Annan. Brief. (4, Vremya Novostei, 1)

First Secretary of the Russian Embassy in Estonia Nikolai Shcherbakov has been involved in two serious road accidents in Tallinn, having to suspend his term of office on Aug. 31. Brief. (4)

The Unified Energy Systems Board of Directors on Friday approved a management proposal to announce a tender for managing the Northwestern electrical heating station. Western energy management companies will be vying for the right to manage the most modernized Russian station. A story comments on the decision, reflecting on which Western company might become the winner. (5, Kommersant, 1, 5, Nezavisimaya Gazeta, 4)

The recent energy accidents in the United States and London have made the Russian government change its view on domestic energy system reform. The Economic Development and Trade Ministry has drafted a government decree that postpones bills already passed on reforming the energy system. A story comments on the draft, citing views by four energy experts. (5)

U.S. President George W. Bush intends to ask Congress for additional budget funds for Iraq. A story reflects on various sums that will be demanded for this over the next fiscal year. (5)

According to the State Statistics Committee, Russians' real incomes in January 2003 to July 2003 increased by 14.4 percent. The average monthly wage in July increased by 111 rubles ($3.63), or by approximately 2 percent as compared with the figure for June and amounted to 5,661 rubles. Brief. (5, Gazeta, 7)

The Finance Ministry on Friday stopped accepting bids for participation in the competition to select a management company to invest pension funds. Sixty companies submitted applications. Brief. (5, Kommersant, 5)

The Economic Development and Trade Ministry has submitted to the government another draft concept for boosting the gas sector. The document has been agreed upon with Gazprom, but differences on some of its provisions remain. Brief. (5)

The government has endorsed a decree which makes several of the Finance Ministry's functions superfluous, all as part of administrative reform. (5)

State Duma Speaker Gennady Seleznyov said at a news conference in Kemerovo that the 2004 federal budget will be passed before the start of the new fiscal year. Brief. (5)

The Interdepartmental Commission on preparing the housing and communal sector for winter held a visiting session over the weekend in the Ulyanovsk region, where the situation for the housing sector is catastrophic. A story examines this and the session's other decisions. (6)

In an interview Gosstroi boss Nikolai Koshman, who heads the Interdepartmental Commission on preparing the housing and communal sector for winter, talks about the session in the Ulyanovsk region over the weekend, its tasks and the decisions made. (6)

Regions now can now sign agreements with the new company Russian Communal Systems without any fears that the federal government will not give out funds to boost the housing sector. A story describes the new company that has been created at the initiative of UES head Anatoly Chubais. (6)

A story examines regions in which the housing sectors may collapse. (6)

Customs brokers have begun to trade in quotas on imported meat. A story examines what has encouraged them to do this, citing views by four experts. (7)

Central Bank head Sergei Ignatyev has criticized his former colleagues from the Finance Ministry in vain -- their proposals to increase the Central Bank's profit deductions have remained in the 2004 draft budget. This means that the bank will increase inflation. Two analysts share their views on the issue. (7)

A $75 million credit agreement signed between Transnefteprodukt and the European Bank for Reconstruction and Development will allow the company to mend old oil pipelines. In September the company will discuss a new $150 million credit for building a export oil pipeline that will help the company deliver Russian oil to the United States. (7)

The volume of retail sales in alcoholic drinks and beer in January to July amounted to 73.8 million decaliters this year, 3.5 percent more than the figure for the same period last year. Brief. (7)

A government decree has toughened the rules on imports of uncut diamonds into Russia. Brief. (7, Kommersant, 5)

The volume of the domestic Information Technology market this year could grow by 22 percent compared with 2002, when it exceeded $1.1 billion. Brief. (7, Kommersant, 5)

The Economic Development and Trade Ministry is drafting a bill on school boards that will allow pupils and their parents to control school funds and appoint school principals. A story comments on their initiative, citing several controversial views. (8)

The deadline for the rebel amnesty in Chechnya declared by the State Duma on June 6 expired on Monday. A story examines its results, saying that the republic's head, its prosecutor, the State Duma Speaker and the Senator from Chechnya have asked federal authorities to extend it. (10, Vremya Novostei, 2)

A feature story describes three Moscow schools that teach men how to meet with young girls. (12)

A new subject called The Constitution of Russia and the Fundamentals of Law will soon be introduced to the school syllabus. This subject will be taught by pupils' choice. A special textbook will soon be ready. In an interview one of its authors Tamara Morshchakova talks about the new subject and its significance. (12)


This new academic year will be a rehearsal for a new education model that the Education Ministry plans to impose nationwide starting in 2006. In an interview First Deputy Education Minister Viktor Bolotov reveals the essence of the new model. (2)

A story features the second round of presidential elections in Karachayevo-Cherkessia on Sunday Aug. 31. (3, Gazeta, 2)

Registration of candidates for the post of Chechen president was completed on Saturday Aug. 30. The election campaign in the republic will officially start on Sept. 4. Brief. (3, Rossiiskaya Gazeta, 2, Noviye Izvestia, 2)

The Chechen Prosecutor's Office has completed their investigation into a terrorist blast of the government building in Grozny that left 71 people dead and another 640 injured. A story examines the investigation results. (4)

Mayor Yury Luzhkov has taken responsibility for pulling down the Voyentorg building, saying that the work will be continued. Culture Minister Mikhail Shvydkoi is unable to stop what he has called an "act of state vandalism" in his telegrams to the president and to the mayor. (4)

National Bolshevist Party activists Nikolai Medvedev and Sergei Manzhos, detained last week when they threw mayonnaise at Central Election Commission head Alexander Veshnyakov, have been freed on the condition that they not leave Moscow. Brief. (4)

The RTS index late last week reached a recent high of 530.9 points. A story looks at factors that have contributed to this situation. (6)

The food crisis is over in Ukraine according to participants in a special session of the Cabinet of Ministers in Kiev on Saturday. Ukrainian ministers believe that it had been caused artificially. A story examines who tried to destabilize the situation in the republic's grain market. (6)

The Managers Association and the Kommersant Publishing House presented the results of a regular study calculating the index of business activity. The integral index in August began to regain a position that was lost under the impact of the Yukos case. A story examines results of the study, focusing on the industrial index that has grown for the first time in several years. (6)

Video International Group will this month launch a new system of sales and placing ads in domestic regional television. A story examines this system, focusing on its specific features. (7)

The Bulgarian government has made public a new plan to privatize an 80 percent package of stakes of the Bulgarian tobacco monopoly Bulgar-Tabac Holding Group. A story outlines the plan. (7)

Sibur and Rosneft have signed a protocol to launch a joint venture on the basis of the Gubkin oil refinery. A story describes the project, focusing on both sides' investments. (7)

Some Russian Suzuki dealers have stopped selling the brand. Dealers explain that it was a decision of the State Customs Committee that has excluded all Suzuki importers from the so-called white list. A story describes the conflicting situation. (7)


The Economic Development and Trade Ministry is trying to help companies save more than $100 billion. Its draft bill says enterprises will pay that much less for the land on which they are located. This is exactly what businessmen have been wanting for several months. (A1)

The Tyumen Oil Company, or TNK, will receive an additional $1.55 billion from BP. They have managed to include their Slavneft share in the joint company TNK-BP. (A1)

The Finance Ministry, according to a decision by the Arbitration Court, intends to exact $290 million from the military industrial complex's leading company, Mig, for an advance relating to a failed contract with India. That advance was embezzled by unidentified people in 1997. This could ruin the company. (A1)

People in Georgia's Kazbeki District have blocked the transport movement along the Georgian Military Road, demanding that electricity be switched back on in the district. Brief. (A1)

Specialists in the Space Conversive Technologies company have developed a special system of rescuing people from high-rise buildings. A brief looks at the system. (A1)

State Duma deputy (Yabloko faction) Alexei Melnikov has withdrawn his inquiry from the Prosecutor General's Office in which he asked Vladimir Ustinov to resume an investigation into the criminal case against Alfred Kokh. In 1996 Kokh allegedly helped Uneximbank buy Norilsk Nickel from the state. (A2)

The Prosecutor General's Office has almost a month to send its request to Greece for the extradition of former media magnate Vladimir Gusinsky to Russia. (A2)

A referendum on Sweden's accession into the euro zone will be held in two weeks. A story describes its supporters and opponents. (A3)

Economists forecast that August's economic and financial results will be no worse than July's results. A story offers several figures. (A3)

Yevrofinans Bank has entered the St. Petersburg media market, having bought a 23.34 percent of the stakes in the Peterburg company for $2.1 million. Its leadership is expecting $2 million to $3 million in investment funds from the new shareholder. (A3)

Television channel STS with Alexander Rodnyansky as its director-general is steadily holding fourth place with an 8.8 percent share of viewers aged 4 years and older. In an interview Rodnyansky talks about new measures at his channel in the new season. (A5)

Vedomosti. Companies and Markets& MARKETS SUPPLEMENT

The creation of the first energy generating company based on United Energy Systems has been postponed despite an Aug. 31 deadline. A story examines the reason. (B1)

The LUKoil board of directors has endorsed a new dividend policy. Starting next year, the company will pay its shareholders no less than 15 percent of the net profit calculated by the GAAP accounting standards. A story comments on the decision, saying what analysts think. (B1)

Moscow region authorities have decided to auction off land for the first time since 1917. A story examines what will be put up for pilot trading. (B1)

The Prosecutor General's Office has opened a criminal linked to property loss during the transfer of a state-owned Alrosa share to Britain's Arcos Ltd. A story explains the case. Brief. (B1)

A joint venture between French Renault and the Moscow government in association with Avtoframos will begin delivering equipment to cars provisionally named X in Moscow at the end of this year. This was announced by the Avtoframos director-general. Brief. (A1)

The National Reserve Bank has kept its promise to convene a meeting of Aeroflot shareholders in order to re-elect the company's board of directors. Aeroflot shares on Friday increased in value by more than 10 percent in price. (B2)

Banker Andrei Sokolov is resuming his duties as Deputy Management Board head of Alfa-Bank, though he quit the post almost three years ago. A story describes the situation. (B3)

Banker Alexander Smolensky is creating a new bank with his son Nikolai as its head. A story reveals the banker's plan. (B3)

Rossiiskaya Gazeta

Former Soviet President and Nobel Prize winner Mikhail Gorbachev stresses the need not only for school children to study but also for adults to learn to live and work in the increasingly global world we find ourselves in today. (1,3)

Britain on Aug. 31 marked the anniversary of the tragic death of Princess Diana. Britain intends to resume the investigation of her death. A story gives details. (3)

Three hundred years have passed since the first flooding in St. Petersburg. A story describes the city's largest floods in chronological order. (5)

Noviye Izvestia

Purchase prices for Moscow apartments are skyrocketing at a pace of 1 percent to 2 percent every month. A story tells of new city housing developments and high prices for apartments. (4)

The Duma's fall session opens Monday with banking legislation expected to be a major topic of debate and discussion. In an interview Vladimir Gamza, spokesman for the Duma's council on bank legislation, talks about draft bills that will be considered by the Duma up to and through December. Gamza also talks about draft bills for insurance and mortgage investment securities. (4)

Novaya Gazeta

Military observer Pavel Felgengauer gives details about the sunken nuclear submarine K-159, harshly criticizing Northern Fleet admirals. (1,2,4)

Small and regional commercial banks may close next year, with their depositors either losing their money or being repaid over an indefinite period of time. Due to a transfer of the domestic banking sector to the international standard of financial accountancy, banks will be forced to dissolve if they are unable to adopt more transparent accounting standards. Dina Krylova, head of the Expert-Analytical Sector of the All-Russia Public Organization of Small and Medium Entrepreneurship "Opora Rossii", comments on the upcoming banking crisis. (4)

All Moscow schools will have to pay for guards this new school year. Parents previously voluntarily paid for this service, but now payment is obligatory said Moscow City Education Department head Lyubov Kezina on Thursday. (5)

More and more army generals and former KGB officers are taking up big politics today. Ironically, however, there is less and less authority and order in the country. As an example, a story features Ulyanovsk Governor General Vladimir Shamanov, who has failed to do anything good for the region and its people, but he has done a lot to make himself wealthy. (6)

A story describes how bandits rob people using the available databases of mobile phone companies. (8)

Moscow's Basmanny Court has extended the time period which Menatep head Platon Lebedev, a major Yukos shareholder, can be held in custody. In an interview, Alexander Zhumaty, a spokesman for the Information and Public Relations Board of the Prosecutor General's Office, explains the reason for the decision. (10)

Children in the Chechen village of Avtury will not go to school on Monday, because there is no school. Novaya Gazeta's special correspondent in Chechnya Anna Politkovskaya describes the tense situation there on the first school day. (14)

Komsomolskaya Pravda

In an interview National Policy Minister Vladimir Zorin, who has four children, talks about books he writes for children and about what impressed him as the head of the working group in charge of summing up results of the All-Russia censorship campaign. (10)

Several stories are devoted to informing readers about how to care for cats and dogs; including how they should be protected from dangerous infections. A list is published of addresses and telephones of veterinary hospitals and veterinary surgeons. (20, 21)

A statue of an officer's wife waiting with her children has been unveiled in the military town Zarya in the Moscow region. A story describes the statue. (28)

The replica of the Tsar-Cannon, the legendary monument that in 2001 Moscow presented to Donetsk, has been put up for sale for $140,000. A story examines the act. (28)

This year Moscow celebrates 856 years since its founding. Komsomolskaya Pravda offers a detailed program of the major cultural events in honor of Moscow's birthday - City Day - to be celebrated on Sept. 6 and 7. (30, 31)

Moskovsky Komsomolets

The Ostankino Inter-District Prosecutor's Office late last week opened a criminal case against a doctor from City Clinical Hospital Number 40, accused of refusing to help a sick person. The latter has died. A story details the case. (1)

Specialists at the Institute of Aged Physiology of the Education Academy have developed a special program that will help primary school pupils avoid the influence of drugs. A story looks at the program. (1)

Welder Igor Satayev on Saturday fell from the 23rd floor of a Moscow apartment building being built on Ulitsa Antonova-Ovseyenko. He survived the fall. A story details the case. (1)

The All Russia Vegetarian Association has decided to register all vegetarians in Russia through the Internet. A story describes the project and its aim. (1)

In an interview Mikhail Solomonov, General Manager of the Moscow Monorail enterprise, talks about the light metro that will be put into operation in Moscow's Yuzhnoye Butovo housing development at the end of this year. (2)

A story describes how party adversaries of late Duma deputy Sergei Yushenkov, leader of the Liberal Russia party, are going to use his name in their political games. (2)

Leading political scientists met Sunday for a session of the Open Forum Club to discuss the most burning topics regarding the upcoming election campaign: Who will win the State Duma elections; the fate of the liberal parties; the situation with the KPRF and United Russia and the conflict inside the ruling elite. A story describes the discussion and its outcomes. (2, Komsomolskaya Pravda, 9)

There are currently five factions in the Duma, and the number of factions in the new Duma may increase, since 48 parties may take part in upcoming elections. A story reflects on what is better and what number is ideal for the Kremlin. (3)

Moscow City Education Department head Lyubov Kezina on the first day of the new school year answers numerous questions from readers about schools, new rules and new subjects, about school corrupt principals, and about school vacations. (4, Komsomolskaya Pravda, 5, 6)

Moscow State University at Sparrow Hills marks its 50th anniversary Monday. The university building is a major city landmark. A story describes episodes from its history. (9)