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By John Helmer, Moscow Interpipe, the heavily indebted Ukrainian pipemaker owned by Victor Pinchuk (centre), owes at least $120 million to Russian banks, led by state-owned Sberbank controlled by former Minister of Economic Development, German Gref (wall picture, left). But the Russian bankers are not represented in any of the loan restructuring negotiations which are […]

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By John Helmer, Moscow The Russian Government has decided that state-owned United Shipbuilding Corporation (USC) may buy control of Novorossiysk Shipyard (NSY) from the Novorossiysk Commercial Seaport Company (NCSP), which is currently in the midst of bitter conflict between state shareholders and Ziyavudin Magomedov (picture, right). The takeover has been promoted by Dmitry Rogozin, deputy […]