Structures close to Gennady Timchenko are accused of non-payment of VAT in Finland At the end of December, co-owner of the largest Russian oil trader Gunvor, the main shareholder of NOVATEK and Stroytransgaz, Gennady Timchenko told the Swiss magazine Bilan about himself and his lifestyle. When asked if he travels on a private jet, he replied: “Yes. I spend about 500 hours a year on the road, mostly for work. I'm on the road all the time.

Russia and Iran plan to work together in the energy sector for 30 years Yesterday, a delegation led by Iranian Deputy Oil Minister Hossein Nogrekar Shirazi arrived in Moscow. Representatives of the Islamic Republic tried to attract Russian partners to the development of Iranian fields and the construction of energy facilities on its territory. However, domestic companies are unlikely to need much persuasion - Iranian mineral resources promise colossal profits.

Barack Obama expects apology from bankers US President Barack Obama expects to collect about $120 billion from the largest American banks with the help of a new special tax to replenish the federal budget. Thus, the administration hopes to reimburse the entire projected amount of losses from the rescue of financial companies and automakers. As presidential press secretary Robert Gibbs said yesterday, Mr. Obama will talk about the details of his plan today.

This year the plant plans to increase car production by 51% Russian auto giant AvtoVAZ announced yesterday that it intends to increase car production in 2010 by 51%, to 446 thousand units, including about 40 thousand cars that will be exported. It is also planned to produce 51 thousand car kits. All this, the company says, is written into its pre-approved annual production plan. At the same time, AvtoVAZ does not specify how it plans to improve sales in order to sell so many cars.

Andris Piebalgs may be replaced in the European Commission by Günther Oettinger The European Parliament continues the procedure for familiarizing itself with candidates for membership in the new European Commission. Today, deputies will examine the candidate for the role of Energy Commissioner Günther Oettinger (pictured) , representing Germany. He should replace Latvian Andris Piebalgs in this post, who is now nominated for the post of European Commissioner for Development. Mr.

The German project of Alexander Lebedev folded its wings Blue Wings airline, almost half of which is controlled by Russian entrepreneur Alexander Lebedev (pictured) , stopped flying yesterday due to financial problems. In turn, the NRK group, owned by Mr.