TNK-BP owns more than 90% of all three subsidiaries. A TNK-BP representative confirmed to Vedomosti that the company does not yet know what portion of the profits they will share with shareholders. “It could be any,” he said. According to the reports for the second quarter of 2005, all three subsidiaries had cash in the amount of 314 million rubles. Gazprombank analyst Sergei Suverov says that by the end of nine months this figure could increase by 1.5-2 times.

Deputy Minister of Fuel and Energy Ivan Materov believes that rail transportation can become an alternative to the pipeline (see also B2). Two years ago, Russia promised to increase deliveries to 30 million tons. Zhukov assures that 15 million tons will be transported by rail next year, but admits that this year 7.8 million tons will be delivered by tankers instead of the declared 10 million tons.

November 02, 2005, 00:00 / Interviews and profiles INTERVIEW: Leonid Mikhelson, CEO and co-owner of NOVATEK Irina Reznik NOVATEK CEO Leonid Mikhelson is considered one of the most successful and mysterious Russian businessmen. His less fortunate colleagues are at a loss as to how Mikhelson manages to run his own gas business in a market monopolized by Gazprom and maintain excellent relations with the management of the concern.

On the opening day of Ice King, Miller plans to open the fifth Broadway Pizza pizzeria in the city and the second Mexican fast food restaurant Chimichanga! Investments in these two establishments will amount to about $80,000. Miller says that he expects to open all three of his formats in each such shopping mall.

Yesterday, the authorities tried to put an end to Batukaev's influence on the prisoners of Kyrgyz prisons. Special forces entered IK-31, which tried to organize the transfer of Batukaev and about 30 other prisoners to other correctional institutions. IK-31, as a "tuberculosis" colony, is distinguished by its soft regime.

As one of VimpelCom's minority shareholders told Vedomosti, the operator has developed a scheme that allows it to fulfill Telenor's wish and buy URS at a lower price: VimpelCom has reached an agreement with the Swedish telecommunications equipment manufacturer Ericsson to transfer $83 million in cash to URS's account. The Russian operator will pay URS's shareholders the promised $206.5 million, but the net purchase price will be reduced by these $83 million.

Petr Kholodny came to work for the Norilsk Nickel Group in 2001 at the personal invitation of Mikhail Prokhorov. The American with Russian roots, and also the treasurer of the Bishops' Synod of the Russian Orthodox Church Abroad, was appointed by the owners of Norilsk Nickel to head Norilsk Nickel's 100% subsidiary, the London company Norimet. Until 2004, all of Norilsk Nickel's exports were handled through this company.

It is good that in the fight against inflation the government is no longer thinking in terms of individual measures, but is considering a complex of them. Freezing fuel prices, a promise to limit the growth of tariffs for natural monopolies and local housing and utilities tariffs, a desire to oblige state companies to borrow only in Russia, thereby tying up the money supply , - behind all this one can see a system.

In July, Soyuzrossakhar proposed to the Ministry of Economic Development to leave only one customs point in Russia for import of Belarusian sugar. The warehouse will be able to check what the sugar is made of, collect customs duty ($340 per ton) from cane sugar and calculate how much Belarusian sugar actually enters the Russian market, says Yuri Chumakov, Chairman of the Board of Soyuzrossakhar.

“At the beginning of next year, we will build the first four crossings on Ostashkovskoye, Kashirskoye, Pyatnitskoye Highways and Proletarsky Prospekt,” Igor Zabara, CEO of the company “Centerresurs-Service,” told Vedomosti. According to Maxim Karbasnikoff, head of the retail real estate department at Jones Lang LaSalle (which developed the concept for the project), the shopping centers will be located on the sides of the road.

Director Vasily Chiginsky is releasing his second film this year. The first was “Mirror Wars. Reflection One,” which resembled a plot for the program “I Serve the Soviet Union” about the superiority of our flight technology, which has no “flying analogues,” as the film said. “First After God” would fit in well with the historical section of the same program. It would be a plot about the difficult fate and feat of a Soviet sailor. Chiginsky clearly has some problems with film titles.

Journalist Jill Geisler once realized that she could no longer work for a boss who seemed to her “to be the epitome of imperfection”: “It seemed like the worst human qualities had been concentrated in this person.” Today, Jill Geisler teaches at the Poynter Institute, where many journalists intern. She is glad that she turned to a colleague for advice back then, who advised her to get to know her boss better rather than make hasty decisions.

The brewer is looking to acquire rivals to boost its flagship Heineken lager. The company’s chief operating officer, Marc Bolland, said the company would like to grow its presence “all over the world” through acquisitions in the Netherlands and abroad, as well as organic growth. Heineken faces the same challenge as brewers in other parts of the world, including Western Europe and the United States, where both alcoholic and non-alcoholic beverages are growing.

The head of the Federal Communications Agency (Rossvyaz) Andrei Beskorovayny told Vedomosti that the agency has prepared proposals for clearing frequencies in the 1800 MHz range and is ready to submit them to a meeting of the State Commission on Radio Frequencies (SCRF) in November. “According to our estimates, there are free frequencies in almost all regions of Russia, except perhaps Moscow and St. Petersburg,” Beskorovayny said.

On Tuesday, the growth continued, but its strength is questionable, as trading was sluggish and speculative, says Alexander Sobolenko, Head of the Stock Trading Department at Bitsa-Invest. The RTS index rose by 0.76% to 942.11; trading volume was $47 million.