Money from the sale of Mazeikiu Nafta disappeared in a direction unknown to YUKOS The sale of YUKOS's first asset - a 53.7% stake in the Lithuanian oil concern Mazeikiu Nafta , which took place at the end of last year, seems to be turning into a serious scandal. The buyer, the Polish concern PKN Orlen, transferred $1.492 billion to the account of Yukos International on December 15. From that day on, the trace of this money was lost.

Directors of RAO UES returned to “stagnant” issues The Board of Directors of RAO UES of Russia, at its first meeting of the new year, intends to move forward with the discussion of a number of problems for which the board cannot find an acceptable solution. We are talking about how to sell a blocking stake in Wholesale Generating Company No.

Russia's rapid economic growth in 2006 was driven by investment, trade and construction The Ministry of Economic Development published yesterday another monitoring of the country's socio-economic development. The research period is determined by the time period January-November: the final results of 2006 will be summed up later, when government economists and statisticians complete the processing of all materials received by them.