VedomostiOnline Media OutletLost independenceMaterialsInfoFound 62 materialsBy relevanceOldest firstNewest firstBy relevanceVedomosti·Feb 21, 2005Qwest Still Hoping to Buy MCIAlthough Qwest initially offered about $8 billion for the deal, MCI's board opted for another bidder, Verizon Communications, which offered only $6.75 billion. Qwest's new offer may be the same as the first, but with some additional terms. "We are very interested in this acquisition," said Qwest CEO Richard Notebaert.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005Coal is worth its weight in goldConstruction of a mine at the acquired Yuzhkuzbassugol deposit will cost more than $150 million / Vedomosti According to the terms of the auction, the winner must build a mine with a capacity of 3 million tons of coal per year at Yerunakovsky-VIII from scratch within six years. Despite such tough conditions, the auction promised to be a real battle of metallurgists and coal miners.ВедомостиOur archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005POINT OF VIEW: A Look into TomorrowRE/MAX System I would like to give some facts from the history of the RE/MAX system. In 1972, the first offices of the company working with this technology were opened in Canada. Over the past years, it has proven its viability: in the last 10 years, this system has been on the rise in America and Europe, being the most effective scheme for organizing the work of realtors. Today, the number of licensed brokers in the USA is about 750,000 people, of which over 70,000 work for RE/MAX, i.e.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005ON THE CONTINENTS: California DreamTwo capitals California actually has two capitals – Los Angeles and San Francisco. These cities are completely opposite in architectural style and a number of other parameters. “The high-rise architecture of Los Angeles acts as a counterweight to the patriarchal architecture of San Francisco, located in a mountainous area,” says Kirill Sivolapov, commercial director of Leeds Property Group. “Los Angeles is growing in height, and San Francisco is growing in width.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005Truce in exchange for timberAs a source close to Basic Element told Vedomosti, in January the company proposed to the management of Arkhangelsk Pulp and Paper Mill to discuss the possibility of supplying timber from two timber industry enterprises located in Arkhangelsk Oblast and controlled by Continental Management – Lukovetsky LPH and Dvinskie Lesopromyshlenniki.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005The promised hotelThe company plans to begin construction of a four-star hotel with approximately 100 rooms in September of this year, Alexander Lobanov, deputy general director of MISK, told Vedomosti. In May 2004, the company received permission from the city administration to conduct survey work on a site in the center of Petrodvorets, a southern suburb of St. Petersburg. In March, MISK expects to receive permission to build, Lobanov said. The cost of this project, according to him, is $10-15 million.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005BIG NAMES: Europeans discover FloridaThe idea behind the RE/MAX system is that the broker is not hired by the real estate company, but acts as its full business partner. The company organizes a quality workplace for him, usually provides the services of a receptionist, sometimes a legal consultant, etc. Of course, not for free - for this, the broker periodically pays the company a pre-agreed fixed amount. But the size of his share of the commission is not 30-50%, like that of a hired employee, but 95%, and sometimes reaches 100%.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005ON ASPHALT: Make it so you like it“There are quite a few tales in the real estate world – advice on how to increase the attractiveness of your real estate meters for a buyer,” says Nadezhda Kot, Managing Director of Kirsanova Realty. But in the same area of Moscow, several such apartments are offered at the same time.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005The Ministry of Finance offended the securityThe problems arose because of a letter from the Ministry of Finance dated December 21, 2004, addressed to the Federal Tax Service. Officials explained to tax officials that when entrepreneurs pay for the services of non-departmental security, they are in fact financing a government agency for a specific purpose. The fact is that since January 2004, non-departmental security has transferred all its income to the budget, which finances its work through the Ministry of Internal Affairs.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005Victory over the "Sun"With all due respect to the Berlinale, which remains the #2 festival in Europe after Cannes, sometimes you come to the spiteful conclusion that it is time for it to abandon such nonsense as showing films in the main section of Wettbewerb (i.e. the main competition).Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005The governor is for a long timeOn Friday, it was announced that President Vladimir Putin had proposed that the Kursk Regional Duma re-elect Mikhailov as governor. A source in the Kremlin explained that the governor had raised the question of confidence in early February. Mikhailov's press service was unable to specify the date of the application or explain the reasons for such a move, and Mikhailov could not be reached.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005Troika "Troika"Among bank bonds, Troika analysts recommend buying bonds of Rosbank, Bank of Moscow and Home Credit and Finance Bank securities. Troika notes that Bank of Moscow bonds are significantly undervalued compared to Gazprombank bonds, although the issuer's main shareholder, the city government, has long had an investment rating from three leading global agencies.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005MARKET TECHNOLOGIES: Real Estate in LawA word has been said about cooperatives On December 22, 2004, the law “On Housing Savings Cooperatives” (ZhNK) was first published. Since their emergence in the late 1990s, these organizations were outside the Russian legal framework, if you don’t count the eight proposals on cooperatives that made up Article 116 of the Civil Code. Only in July 2004 did the first draft law on ZNK appear, which, with some amendments, was approved six months later.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005Rules of honestyA year and a half has passed since the introduction of compulsory motor third party liability insurance, but there is still no procedure for working with clients in the event of a company’s bankruptcy or when payments under compulsory motor third party liability insurance are stopped. After the suspension or revocation of the license, the insurer cannot make payments (see inset).Our archive does not currently contain the full version of this documentPreserved copyLink to original versionVedomosti·Feb 21, 2005The expansion continuesOn Friday, Leonid Fedun said that LUKOIL was studying the possibility of buying Lithuanian oil concern Mazeikiu nafta, German oil refinery Ruhr Oel and refineries in southern Europe. “We have many proposals for refining, and we need to seriously consider them,” Reuters quotes the LUKOIL vice president as saying. LUKOIL has been interested in Mazeikiu nafta for a long time.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionPrevious12345NextShow more