By John Helmer, Moscow If wine were an investment, like company shares, gold, or real estate, then you would expect the Russian oligarchs to put their hands into this particular till. But hobby vineyards and French chateaux aside, there haven’t been many. Still, Vadim Varshavsky’s Croizet cognac (Charente) has not proved to be as ill-fated […]

by John Helmer - Thursday, June 28th, 2012
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By John Helmer, Moscow Like the metal itself, Russian Platinum is shy, but ambitious in turn to be recognized as expensive. This isn’t as persuasive as a junior miner of precious metals needs to be if it wants to raise money and find share buyers in the market, as Russian Platinum’s owners, the Bazhaev family, […]

by John Helmer - Wednesday, June 27th, 2012
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By John Helmer, Moscow At the conclusion of a share buyback offer, Severstal has announced that 170 million of the 1.01 billion shares outstanding will be purchased. Alexei Mordashov, the control shareholder with 66% of the shares before the buyback, tendered his shares to the offer in full, as did the associated control company, Lybica […]

by John Helmer - Tuesday, June 26th, 2012
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  Genuine readers are invited to take a cup of coffee while they taste today’s black news. This is also a test of the website attackers, who are leaving a revealing trail for our internet detectives to follow.

by John Helmer - Tuesday, June 26th, 2012
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By John Helmer, Moscow When Oleg Deripaska and the Rusal group of companies attack one of their most senior executives for a nine-year old crime that wasn’t, the question that arises is: what does the target know about Deripaska and his methods that may be so dangerous, his credibility and his livelihood should be destroyed? […]

by John Helmer - Monday, June 25th, 2012
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by John Helmer - Friday, June 22nd, 2012
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By John Helmer, Moscow Alrosa has announced new strategic targets until the end of 2021, following this week’s meeting of the Supervisory Board, as Alrosa’s board of directors is known. How much of the projected growth will depend on Alrosa getting the Kremlin to persuade Vagit Alekperov of LUKoil to do what he doesn’t want […]

by John Helmer - Thursday, June 21st, 2012
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By John Helmer, Moscow The personal rapport between Oleg Deripaska (left) and Sergei Stepashin (right), chairman of the Accounting Chamber, has been famously uncordial. Some say Stepashin believes Deripaska plotted to cut his term as prime minister to just three months – May 12 to August 9, 1999 – and was one of those persuading […]

by John Helmer - Wednesday, June 20th, 2012
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By John Helmer, Moscow Evraz, the Russian steelmaker listed on the London Stock Exchange main board, is being sued in the UK High Court for $35.8 million by a group of Swiss investors over a failed project to build a terminal for iron-ore and coking coal at Yuzhny port, on the Ukrainian Black Sea coast […]

by John Helmer - Wednesday, June 20th, 2012
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  READER CAUTION: in tough times collection methods get tougher. The following translation from the Russian, originally published on June 14, is presented without editing. A slightly different version appeared in Izvestia on June 13. One of Russia’s leading investigative journalists comments: “the hired criminals did exactly what they were instructed. They did not kill, […]

by John Helmer - Tuesday, June 19th, 2012
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