The whole truth about the Russian business, oligarchs and officials

Vasily Boyko will improve his financial position at the expense of Rosatom


Scandalous businessman Vasily Boyko-Veliky has every chance to earn tens of millions of dollars on selling to the state a strategically important contractor for the construction of nuclear power plants.

Fraud of VIM-Avia is reinforced by deliberate bankruptcy


A new criminal case has been initiated against the management and owners of the airline company.

Transneft will deal with Caspian Pipeline Consortium


The Russian Federation will contribute its share in the consortium to the company's capital.

Rosnano vaccines sailed into the offshore zone


Investigators found out what happened to the money allocated for the construction of pharmaceutical production in Russia.

Russian banks are afraid of a new run by depositors


Inside the Russian banking system, risks associated with the possible withdrawal of clients' money from a number of credit institutions are still very real. It follows from the Monday by Raiffeisenbank with reference to the Central Bank.

The US rap-battle between Oxxxymiron and Dizaster


"The main rap battle of the year" was held in Los Angeles on the night of October 15/16, Moscow time; Russian rapper Oxxxymiron competed against American Dizaster. The battle was held without judges, so the organizers did not announce the official winner.

Before the rehabilitation of Otkritie, its shares had been bought by Trust Bank for 40 billion rubles


Those who have not redeemed the shares, won't get the money, the Central Bank explained.

Bloomberg says Rotenberg’s company to build Sakhalin bridge


Arkady Rotenberg's Stroygazmontazh will get a contract for the construction of a bridge to Sakhalin Island, says Bloomberg. At present, the company is already executing a contract for the construction of the Crimean bridge across the Kerch Strait.

Pension funds of Russians have already been wasted by oligarchs


The Bank of Russia suddenly became concerned about the creation of a mechanism for the recovery of independent pension funds. Experts cynically suggest that there is no money there.

Court of Great Britain ruled that Sergey Pugachev is the owner of New Zealand trusts


Now the villa in the Caribbean and other property of the ex-senator can be seized to repay the debts of Mezhprombank.

After the decision on Pugachev, hiding assets will become more problematic


Banker Sergey Pugachev, who hid assets in New Zealand trusts, was recognized by the court in London as their beneficiary. The precedent decision of the court will allow the DIA to seize the businessman's expensive real estate in England, France, Switzerland and the United States.

Alexey Kudrin urged to prepare for the inevitable increase in taxes


The Russian authorities intend to take the Russians to the cleaners. 

Vekselberg and Prokhorov played an aluminum trick on Deripaska


The oligarchs sold a 3% stake in Rusal which could complicate the IPO of Deripaska's En+ in December.

Russian Central Bank increases currency borrowing to stabilize the ruble


The amount of loans of the Bank of Russia in the currency is doubled every quarter.

Otkritie, Binbank and Trust spoiled the indicators of the Russian banking system


The Central Bank informed about the dynamics of the banking sector in September.

The privatization of Rosneft was paid by the Russian government


The budget profit from the sale of 19.5% of Rosneft is exceeded by the tax benefits for the oil company by 700 billion rubles.

Vekselberg and Prokhorov sold shares of UC Rusal for $315 million


The deal was conducted with a discount of 7.5% from the market price of these securities.

Alekperov decided not to transfer control overf LUKOIL to his son


Vagit Alekperov believes that his son Yusuf will not be able to manage LUKOIL, and is still looking for a successor. Earlier, Alekperov said that Yusuf could be brought to the management of LUKOIL, if an internship was held.

A month of bailout: the financial black hole of Otkrytie Bank reached 190 billion rubles


Under the terms of the Central Bank, the shareholders of FC Otkrytie will lose their rights to own the 25% stake promised to them after the financial recovery, if the interim administration reveals negative capital in the bank.

The European Union punished Russian metallurgists for dumping


The products of Severstal, MMK and NLMK are more expensive in Russia than in Europe. It did not cause any questions among the Russian authorities, but the Europeans made themselves alert.

Rosneft is drifting to the East


The company wants to increase shipments to China.

Bankruptcies are rampant in Russia


As the head of Rostec, Sergey Chemezov, said, the largest machine building concern of Russia, "Tractor Plants", would be declared bankrupt.

The first and last battle of the Slavonic Corps


What is known about the Russians who were captured in Syria, and what does the "Kremlin chef" Yevgeny Prigozhin have to do with it.

Lyudmila Murova entered the medical business


The wife of ex-head of the FSO, Yevgeny Murov, has become a co-owner of one of the largest medical companies.

The Russian government is preparing for the fall of oil and the ruble


The rise in prices on the oil market, which supported the influx of currencies to Russia and GDP growth, is close to the limit, the Russian Economic Development Ministry believes.

Oleg Deripaska is scared of the strong ruble


Strengthening of the ruble by 7%, the risks of volatility in aluminum prices and changes in the electricity and capacity market: these are the objective risks for Deripaska's companies.

The FSB found out who "placed bombs" in buildings all over Russia


False terrorist calls were made by four Russians from abroad.

By 2050, almost 70% of the Russian river fleet will have to be written off


The ships are ageing faster than they are being replaced.