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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


At a joint session of the Mercury Club, the Senator Club and the Russian Parliamentarian Club on Monday, Chamber of Commerce and Industry President Yevgeny Primakov proposed to legislatively ban the revision of the right to property obtained before 1998. Along with this, Primakov proposed to pass a bill concerning natural rent. The story reveals the essence of these revolutionary initiatives, saying that they would help United Russia win additional votes. (1)

The UN General Assembly session at the level of heads of state is expected to open on Tuesday in New York. President Vladimir Putin will arrive in the evening and will meet with U.S. President George W. Bush in two days. A story looks at the session's agenda, focusing on the American president's speech planned for Tuesday, which will be devoted to Iraq. (1, Rossiiskaya Gazeta, 1,4, Gazeta, 4, Vremya Novostei, 1, Nezavisimaya Gazeta, 6)

Patriarch Alexy II will go to Estonia on Tuesday, where he was born, educated and began his religious career. It's his first visit to his native land in a decade. A story describes his trip's itinerary. (1,11)

An editorial tries to explain the low turnout at Sunday's gubernatorial elections in St. Petersburg, noting it is the lowest in the history of executive power elections. (2, Kommersant, 3, Rossiiskaya Gazeta, 1,2, Gazeta, 1,2, Vremya Novostei, 1,2, Noviye Izvestia, 2 , Nezavisimaya Gazeta,1, 2, Trud, 2, Komsomolskaya Pravda, 4, MK, 2)

The Documentary Film Studio is being forced into bankruptcy procedures which could deprive it of its building. The studio leadership hopes that the Prosecutor General's Office will help them. A story describes this controversial situation. (2)

On Monday, President Vladimir Putin and Kyrgyz President Askar Akayev opened the Days of Kyrgyz Culture in Russia at the Bolshoi Theater. A story describes the festive ceremony, focusing on the presidents' speeches. (3, Kommersant, 7, Rossiiskaya Gazeta, 2, Trud, 1,2, Komsomolskaya Pravda, 2)

State Duma Fatherland-United Russia leader Vyacheslav Volodin was in court on Monday, filing a suit against a left-wing publication. Also on Monday, Communist leader Gennady Zyuganov sent an inquiry to the Prosecutor General's Office, questioning the legality of President's Vladimir Putin's visit to United Russia's party congress. A story examines the first suit and the first appeal to the Prosecutor General's Office by leading political adversaries. (3, Rossiiskaya Gazeta,3)

A story reports on how Chechnya is returning to a peaceful life, focusing on wide-scale construction of apartment blocks, schools and hospitals. (3)

Ukraine's former Prime Minister Viktor Yushchenko, leader of the right wing "Our Ukraine" bloc, stated that the Supreme Rada (parliament) will submit an agreement on the creation of the Single Economic Zone to the Constitutional Court for judgement. In his opinion, a referendum on Ukraine's accession to this zone should be conducted in Ukraine. Brief. (4)

Prime Minister Mikhail Kasyanov begins his official visit to Beijing Tuesday to take part in the Shanghai Organization of Cooperation summit. Kasyanov will warn the Chinese leadership that the construction of the Angarsk-Datsin oil pipeline is postponed, which threatens to seriously complicate bilateral relations. A story examines the itinerary of Kasyanov's visit. (5 , Kommersant, 2, Rossiiskaya Gazeta, 3, Gazeta, 10, Vremya Novostei, 4 , Noviye Izvestia, 4)

In St. Petersburg on Monday the 2nd Russian-American Energy Summit discussed boosting liquefied natural gas production in Russia. The United States is willing to fund the construction of a special plant as the U.S. market is experiencing a shortage of this fuel. However Russian side is in no hurry to accept the Americans' proposal. A story explains why. (5, Kommersant, 1, Rossiiskaya Gazeta, 3, Noviye Izvestia, 4, Nezavisimaya Gazeta, 1, 3)

Gold went up in price by more than $5 per ounce on Monday after the Big Seven called on developed countries for more flexibility in gold rate formation. Brief. (5)

Prime Minister Mikhail Kasyanov signed a decree on the creation of the Russian Railways on Monday. The company that will start functioning on Oct. 1. Brief. (5, Vremya Novostei, 1,7)

Investments in the timber and logging industrial complex this year will amount to $1.3 billion. This was announced by Industry and Science Minister Ilya Klebanov in St. Petersburg on Monday. Brief. (5 , Kommersant, 14)

On Monday, Gazprom Management Board Deputy Head Alexander Ryazanov stated that Ukraine's capacity shortage for export gas pipeline transportation may amount to about 2 billion cubic meters next year. A brief explains what should be done to eliminate the shortage. (5)

Central Bank deputy head Oleg Vyugin stated on Monday that the Central Bank does not exclude transition to a more floating ruble rate next year, depending on the effectiveness of the stabilization fund that will accumulate surplus money starting next year. A story comments on his statement. (6, Vremya Novostei, 7)

The Federal Securities Commission has made public new rules on issuing credit. A story examines them in detail, citing views by two experts. (6)

Deutsche Bank Director-General Iozef Akkermann has been accused of fraud. A story details his case. (6)

A story examines the situation (facts and figures) of advertising markets in the world, including Russia. (7)

Motorola board of directors head Christopher Galvin decided to leave the company that his grandfather founded. A story comments on the decision, saying how analysts regard it. (7)

Interros has sent 40 companies its proposal on buying a package of RUSSIA-Petroleum stakes that belong to Interros. This was stated by a Prime-Tass source close to RUSSIA-Petroleum. Brief. (7, Kommersant, 13)

"We do not exclude a possible sale of stakes in YukosSibneft to a foreign investor," stated Yukos head Mikhail Khodorkovsky on Monday: Brief. (7)

South Korean company KIA motors plans to launch new production of its vehicles in Russia. This was stated on Monday by Industry and Science Minister Ilya Klebanov.Brief. (7, Kommersant, 16, Vremya Novostei, 7)

The volume of foreign auto production in Russia this year will increase by five times (as compared with the figure for 2002) amounting to about 50,000 autos. Brief. (7)

Transneft is awaiting a new government decree allowing an increase in the capacity of the Baltic pipeline system by up to 62 million tons of oil a year. Transneft head Semyon Vainshtok commented on the situation of pipeline transport. (8, Kommersant, 1)

Nortgaz and NOVATEK, two leading gas producers, intend to reduce their dependence on Gazprom and to build their own plants for processing gas condensate. A story comments on the decision. (8)

The city administration of Odintsovo (Moscow region) has drafted a concept for its ecological safety that will be put into effect over the next 50 years. A story examines the concept. (9)

Moscow slang that has been in use for hundreds of years is dying out. A story offers the most popular examples of this slang. (9)

On Sept. 17 the Prosecutor General's Office sent the Greek Justice Ministry an inquiry on the extradition of former Russian media-magnate Vladimir Gusinsky. His lawyers confirmed on Monday that the documents had been received. A story comments on the documents.(10, Kommersant, 5, Nezavisimaya Gazeta, 9, Noviye Izvestia, 5)

In an interview Konstantin Romodanovsky, chief of the main board of the Ministry of Internal Security, talks about the specific features of his agency's work, focusing on the corrupt police officer cases. (12)


President Vladimir Putin signed a decree on Monday that relieved Gennady Fadeyev from the post of Railways Minister. He was appointed president of the new Russian Railways company. A story comments on the appointment. (1)

Oleg Romantsev Monday was appointed new chief coach of Saturn-Ren-TV from Ramenskoye. Brief. (1)

The Federation Council on Wednesday will open its autumn session. Speaker Sergei Mironov Monday announced a changed timetable of its work. A story examines major changes. (2)

Deputy Prime Minister Alexei Kudrin at the session of the IMF and the World Bank in Dubai on Monday when they discussed the decisions of the Iraqi provisional administration on the liberalization of the Iraqi market demanded for the Russian share in this process. A story describes Kudrin's meeting with the IMF Executive Director Horst Keller. (2)

In reply to Anti-Monopoly Minister Ilya Yuzhanov's letter with tough criticism of Sberbank's tariff policy, Prime Minister Mikhail Kasyanov has instructed the ministry and the Central Bank to make the situation clear. A story examines Sberbank's tariff policy, saying that if the ministry's claims are justified, Sberbank will have to lower the tariffs on servicing its clients by 2 to 2.5 times. (13)

Personnel reshuffles are expected to take place in Svyazinvest's subsidiaries. A brief reports on some of them. (13)

The Russian Aluminum company has put up for sale its silicon-ferrous-silicium production in the Bratsk aluminum plant in the Irkutsk region. This was stated by a source in the company. Brief. (13)

The National Bank of Belarus has lowered its refinancing rate down to 29 percent from the present 30 percent. The decision was made by the bank's Management Board on Sept. 17. Brief. (13)

State Reserves Agency Director-General Alexander Grigoryev and Ukraine's State Material Reserve Committee Nikolai Pesotsky in Rostov-on-Don and Sochi over the weekend discussed inter-departmental cooperation. A story examines major issues they discussed and decisions. (14)

A story examines how priorities have changed on the world currency market after the meeting of G-7 finance ministers over the weekend. (14)

LUKoil Overseas has announced its investment project on a comprehensive development of oil deposits (their names are given) in Uzbekistan. Brief. (14)

The Moscow government Advertising and Information Committee on Monday demanded that the ads of the Finans magazine on Moscow streets be dismantled. A story explains why. (17)

The international investment fund Warburg Pincus has bought the controlling stakes of three leading Russian FM- radio stations (their names are given). Brief. (17)

The defense ministers of Russia and Kyrgyzstan in the Kremlin on Monday in the presence of Presidents Vladimir Putin and Askar Akayev signed an agreement on the creation of the Russian aviation military base outside Kant. A story comments on the document. (11 Rossiiskaya Gazeta, 1, 2, Krasnaya Zvezda, 1, Vremya Novostei, 1 , Nezavisimaya Gazeta, 5)


The director general of Rostelecom, Sergei Kuznetsov, may soon resign to become head of Svyazinvest's subsidiary North-West Telecom. His status is on the agenda of a board meeting scheduled for Oct. 3. A story reports on how analysts see the situation. (A1)

Yukos' attempt to combine its oil and retail businesses has been unsuccessful. Now the founder of the Kopeika supermarket chain, Alexander Samonov, wants to buy back 50.5 percent of Kopeika shares from Yukos. Samonov regards himself as the leading potential buyer of the shares, while several other investors are also interested. (A1)

At the request of the Moscow city advertising and information committee, the magazine Finans will change its ads depicting the euro and dollar symbols having sex. (A1)

The Economic Development and Trade Ministry will discuss the liberalization of sales of Gazprom stock at a government meeting on Sept. 25. Brief. (A1)

President Vladimir Putin has released Gennady Fadeyev from the post of Railways Minister and appointed him president of the new Russian Railways Co. Brief. (A1)

United Russia has included 15 businessmen on its election list. A story comments on this decision and how party members and experts view it. (A2)

Economic growth has slowed in the third quarter, more or less smoothly. A story gives figures to illustrate the point. (A3)

The Central Bank has made public its instruction to banks to observe standard business practices. Banks call the demand unrealistic. Four experts share their views. (A4)

In an interview, Peter Gerwe, president of StoryFirst Communications, talks about his company's profitable business in Russia, focusing on its current and future projects. (A6)

Vedomosti. Companies and Markets

The Argentine government, 637 days after it defaulted on its bond obligations, announced Monday the conditions of restructuring its economy. About 700,000 retail investors and hundreds of financial institutions will get 25 cents back on the dollar. (B1)

Gazprom is preparing an exchange of assets with its long-standing partner, Royal Dutch/Shell. After the two failed to reach an agreement on the purchase of Gazprom's share in the Sakhalin-2 project, Gazprom has proposed extracting oil in the Yamal-Nenets autonomous district. A story examines the proposal and offers expert opinions. (B1)

Unified Energy Systems has decided to fund the pensions of its employees from corporate savings. A story comments on the company's decision. (B1)

Renault is recalling 1,057 Laguna II cars sold in Russia. Brief. (B1)

Surgutneftegaz intends to increase oil extraction to 60 million tons in 2004 from a planned 53 million for 2003, company head Vladimir Bogdanov announced this. Brief. (B1)

Transneft may postpone issuing ruble-denominated corporate bonds due to an unfavorable situation in the securities market, company president Semyon Vainshtok said. Brief. (B1)

LUKoil and the United States' Overseas Private Investment Corporation have signed a credit agreement to fund the construction of an oil terminal in Vysotsk in the Leningrad region. Brief. (B1)

Shareholders of the Caspian Pipeline Consortium plan to double the system's capacity. But they will hardly be able to bring it to its maximum capacity of 67 million tons. A story says what they should do to achieve that. (B2)

UBS Brunswick analysts have rated Russian stocks higher for potential investment. They anticipate that Russia will receive a good investment rating this year. (B5)

The Finance Ministry will conduct three auctions in October for state bonds worth a total of 18 billion rubles ($591 million), according to Alexander Chumachenko of the ministry's internal debt management department. (B5)

Nezavisimaya Gazeta

President Vladimir Putin will leave Tuesday for New York. A story examines the itinerary of his five-day visit, noting that the fact that the head of the Chechen administration, Akhmad Kadyrov, will be accompanying him will be the main surprise for the Americans.(1,3)

The pre-election list of the United Russia party is practically ready for registration in the Central Election Commission. Among the people on the list elected by the recent congress are governors, businessmen and entertainers. A story looks at the list that has so far been kept secret. (1,3)

Has President Putin helped Valentina Matviyenko, or did he do her harm through his support for her in St. Petersburg's gubernatorial elections? Four leading political scientists share their viewpoints on the issue. (2)

One hundred State Duma deputies, upon the initiative of the Union of Right Forces (SPS), have signed an appeal to the Constitutional Court in connection with the legislation's restrictions of media activities during the coming election campaigns. A story comments on SPS co-leader Boris Nemtsov's statement on the issue. (2)

A story examines the final results of Sunday's gubernatorial elections in three regions, where the incumbent governors all gained convincing victories.(4)

A story gives facts showing that the CIS Summit in Yalta, particularly the creation of the new four-member economic zone, has aggravated relations inside the Commonwealth of Independent States. (5)

Defense Minister Sergei Ivanov confirmed on Saturday that Russia intends to improve its military infrastructure in the south of the country. He said that in 2005 Russia will begin to build a navy port at Novorossiisk for its Black Sea Fleet. A story comments on the minister's statement, focusing on the plan signed by the president for ministries and departments to make a concerted effort to resolve diplomatic and military issues affecting the Azov-Black Sea region. (5)

A feature story highlights 30 Russian families that returned to Ingushetia last year. What motivated their return? (11)

Rossiiskaya Gazeta

On Wednesday the Federation Council is expected to consider a bill already passed by the State Duma concerning the general principles of local government. Many deputies are wary of this document. Deputy Economic Development Minister Vitaly Shipov the bill and the reservations about it in an interview. (1, 10)

The Qualification Collegium of Judges in the Stavropolye region has discharged three judges for the low quality of their work and for violating office ethics. A story examines the Collegium's decision. (2)

The Labor Ministry and the Moscow city government have opposing views on the procedure of assigning jobs in Moscow to specialists from other cities and regions. A story examines the various opinions. (2)

The Moscow Railway press service reported that the price of railway tickets for inter-region passenger express trains will decrease considerably starting Oct. 1. (2)

Former Russian oligarch Boris Berezovsky has warned the British Home Office about the planned attempt on his life in his written request for political asylum, listing it as major reason for his petitioning British Authorities. A story examines how they regarded Berezovsky's request. (4)

A story describes intrigue behind bankruptcy procedures for the Tver-Pivo brewery, focusing on those who are behind it and those who are set to gain from the development. (5)

On Monday in the south of Moscow an unidentified assailant killed 52-year-old entrepreneur Viktor Yershen. A story describes the incident. (5)

A special federal tolerance program has already been in effect in Russia for three years. Has our public become tolerant? In an interview, Leokadiya Drobizheva, one of the program initiators and Director of the Sociology Institute at the Academy of Sciences, explains the significance of the program. (6)

Only 40 percent of cars in Russia can be made in accordance with the ecological Euro-2 standard that will be put into effect in 2004. This is according to Industry and Science Minister Ilya Klebanov, speaking at Monday's opening ceremony for the Russian Industrialist International Forum. A story comments on the minister's statement. (7)

The new Customs Code that is to take effect on Jan. 1, 2004 is undergoing numerous attacks. What factors have caused them, six months after the Code's official endorsement? Deputy Chairman of the State Customs Committee Yury Azarov answers this and other questions about the code in an interview. (10)

The Institute of Economics at the Academy of Science has made public its economic prognosis in a report titled: "The Russian Economy in 2004. The full text is given with a commentary. Rossiiskaya Biznes-Gazeta Supplement. (1,4,5)

Noviye Izvestia

According to official reports by the Health Ministry, 12,000-13,000 newborns are abandoned in maternity homes annually. In Moscow 20 percent of such children belong to illegal migrants. A story describes the tragic position of these children, saying that they do not have any rights at all in Russia. (1,3)

The Sergei Glazyev coalition is losing its members. A story describes one such defector -- Alexander Dugin, an ideologue of the Rodina bloc who explains the reason for his departure. (2)

Highly-regarded human rights advocate Lyudmila Alexeyeva, head of the Moscow Helsinki Group, spoke in the State Duma on Monday about the troubling situation regarding the observance of human rights in Russia. (2)

The public movement "For Human Rights" was in court on Monday, petitioning the Prosecutor General's Office to conduct a new investigation into reasons behind the deaths of Nord Ost hostages. The human rights activists views the existing documents on the case as fabricated. A story examines their plan. (2)

A story describes the fate of the famous Soviet statue "The Worker and the Collective Farm Woman" by Vera Mukhina. (6)

Moskovskiye Novosti

Armenian and Russian representatives in Yerevan have signed an agreement on passing over an Armenian nuclear plant in trust to the Inter RAO UES company for five years. Armenia's Energy Minister Armen Movsisyan stated that his government will remain the owner of 100 percent of the stake in the plant, but 25 percent of the plant's profits will go to Anatoly Chubais' UES. A story comments on the document. (2)

Newly-elected Editor-in-Chief Yevgeny Kiselyov comments on Saturday's Congress of the United Russia party, examining some of its unexpected moments with a critical eye. (4)

A 10-member oversight council has been created with former Editor-in-Chief Yegor Yakovlev at its head. In an interview he talks about its aims and tasks. (4)

The presidential property department would like to merge Pulkovo airport with the presidential Rossiya airline. A story examines the presidential business empire and its ambitious plans. (6)

The first part of the 2003 elections is over. A story examines its participants -- political parties -- and the results. (8)

The Kremlin has endorsed the candidacy of its own man for the post of president of Chechnya. A story examines what President Akhmad Kadyrov will deal with the post. (10)

An article by world chess champion Garry Kasparov from Sept. 18th's Wall Street Journal is given, in which he harshly criticizes American President George W. Bush for his foreign policy and Russian President Putin for his domestic policy. (11)

Komsomolskaya Pravda

A feature story highlights Samara resident Alexander Mamayev, who has given away the million rubles that he won in the lottery. (3)

NHL hockey star Sergei Fyodorov has refused to sign a $50,000,000 super contract in order to keep his wife, tennis star Anna Kournikova. A story describes his private problems. (2)

Russia, Belarus, Ukraine and Kazakhstan have united once again and created a single economic zone. What will this mean to those who live in it? The newspaper answers this and related questions. (5)