Entrepreneur Grigory Berezkin announced last Friday that he would control one of the largest Russian newspapers, Komsomolskaya Pravda. His ESN group announced that its member Media Partner holding will buy 60% plus one share of the Komsomolskaya Pravda publishing house from Prof-Media.

Yukos was valued at at least $22 billion YUKOS appraisers did not manage to fully complete the work within the allotted three-month period, which ended on January 19, Nikolai Lashkevich, press secretary of the company's bankruptcy administrator Eduard Rebgun, said last Friday. According to preliminary data, the total market price of the company's assets exceeds $22 billion (or 588 billion rubles). Such figures were announced after Mr.

Stopping the growth of oil production, Gazprom's aggressive policy, slowing down reforms in the electric power industry - the main trends of 2006 In 2006, when, at Russia’s initiative , the G8 discussed energy security issues , a new trend clearly emerged in the global energy market: resource-rich countries are increasingly seeking to make it difficult for the largest private corporations to access these resources.

Vladimir Putin calculated how many Russians can buy housing on credit Only every tenth Russian can purchase housing with a mortgage. At the same time, about 2 million families live in dilapidated or dilapidated houses. Such data were presented by President Vladimir Putin, speaking on Friday at a meeting of the Presidium of the State Council in Kazan.

Deputies will consider a bill on the creation of a new financial state structure The government introduced a bill to the State Duma to create a Development Bank . If the deputies accept it, already this summer a large financial state institution may appear in Russia, engaged in attracting investments into the domestic economy. Thus, an end will finally be put to many years of discussions about what the Development Bank should be and how Vnesheconombank of the USSR should be reformed.

RAO UES came up with a mechanism for its own liquidation RAO UES of Russia has developed a scheme for its own reorganization and is beginning its detailed discussion in ministries and departments. A source in the energy holding, who asked for anonymity, told reporters about this.

The Federal Service for Financial Markets (FSFM) allowed the Magnitogorsk Iron and Steel Works to place more than 3 billion shares on foreign stock exchanges and approved the issue of an additional issue of 1.45 billion shares (13.6% of the authorized capital), which can also be used for placement. But this does not mean that the shares will actually be placed: Magnitka is keeping its IPO plans secret.

Russia and Algeria “armed themselves” with gas and peaceful nuclear energy Europe's two largest gas suppliers - Russia and Algeria - continue to play the partnership card in front of the EU. Yesterday, the head of the Ministry of Industry and Energy, Viktor Khristenko, first inspected one of the Algerian LNG plants, and then signed a memorandum of cooperation with the Minister of Energy and Mining of this country, Shakib Khelil.