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Vladimir Putin: Ladies and gentlemen, As you know, yesterday I delivered a report on the government’s performance in the State Duma. I spoke not only about our performance, however; in point of fact, I spoke about the results of our common endeavour because the government only organises the work of the social sectors and the […]

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Excerpts of interview with a journalism school group in Siberia, April 20, 2011 – Where do you work? Moscow, London – What are you working on now?

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By John Helmer, Moscow Just four months since the first Russian crude oil started pumping into Daqing, the northeastern Chinese oil town, the Russian pipeline company Transneft has charged the China National Petroleum Company (CNPC) with violating their supply contract, and is threatening to open court proceedings in London.

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By John Helmer, Moscow Oligarchs aren’t elephants who go somewhere secret when their time is up. There’s no fabulous, ivory-rich boneyard for them. So when Magnitogorsk Metallurgical Combine (MMK), the legendary Siberian steelmill owned by Victor Rashnikov, announced yesterday that there are two candidates for his position as chief executive, it doesn’t mean that Rashnikov […]

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By John Helmer, Moscow Indirectly but without ambiguity, Alisher Usmanov acknowledged for the first time on Tuesday, in a Moscow newspaper he owns, that he has failed to sell shares in his principal asset, the Metalloinvest iron-ore mining and steelmaking group, to anyone. His recourse, he also made clear, is to hold hands with Oleg […]

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By John Helmer, Moscow The long-serving chairman of the Supervisory Board of Alrosa, the state diamond mining monopoly, Finance Minister Alexei Kudrin(background image), has announced he will step down at the next Alrosa shareholder meeting scheduled for June 30. Kudrin’s exit from the board has been ordered by a presidential decree, issued on April 2, […]

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By John Helmer, Moscow The three greatest Canadians of all time are Glenn Gould, Pierre Trudeau, and Dudley Do-Right. A poll of Canadian businessmen in Moscow recently recommended Wayne Gretzky and Bobby Orr to displace the first two. The Canadian Broadcasting Commission nationwide poll of 2004 put Tommy Douglas and Terry Fox at the top. […]

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By John Helmer, Moscow Vadim Moshkovich – Senator from Belgorod, owner of Rusagro (aka Ros Agro Plc), which sold its shares in London last week — has been singing this golden oldie from The Searchers (1963). Don’t miss the last chorus line: “I’ll never ever let you go…Oooooo, Oooooo, Ooooo” Rusagro was 94% owned by […]

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By John Helmer, Moscow Euroset, the Russian mobile telephone company, failed at its attempt at its initial public offering (IPO) in London this week. Officially, the company is struggling to absorb the punch, and is blaming the markets, not itself. “Despite the fact that in the investment community there was an increased interest in Euroset,” […]

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By John Helmer, Moscow To modernize, privatize, incentivize, and win the votes of Russians yearning to be free, President Dmitry Medvedev has ordered the senior ministers of the federal government to vacate their seats on the boards of state companies. First to go – on his own resignation, eleven weeks ahead of deadline – is […]