By John Helmer, Moscow According to the Kremlin website, on July 11 President Dmitry Medvedev met with “representatives of major private and state-owned companies”. The Kremlin website has identified them:
By John Helmer, Moscow According to the Kremlin website, on July 11 President Dmitry Medvedev met with “representatives of major private and state-owned companies”. The Kremlin website has identified them:
By John Helmer, Moscow If Vnesheconombank (VEB), the state bailout bank chaired by Prime Minister Vladimir Putin, really has agreed to pay $5.3 billion for the 80% control shareholding of Raspadskaya, the coking coalminer, then this is going to be Roman Abramovich’s lucky day. His second lucky day, if to count the September 2005 transaction […]
By John Helmer, Moscow During this week’s Washington, DC, visit by Russian Foreign Minister Sergei Lavrov, a mid-level State Department official appears to be the key to whether Oleg Deripaska’s lobbying campaign to recover his US visa will succeed. Dan Russell, who served in the US Embassy in Moscow between 2003 and 2008, is now […]
By John Helmer, Moscow As Canadian stock market regulators open their first-ever investigation into listing practices by Russian companies trading on the Toronto Stock Exchange, the chief executive of High River Gold (HRG) has warned shareholders against reading reports appearing on this website. A Canadian shareholder of HRG has received an email letter from Konstantin […]
By John Helmer, Moscow The greatest of the great Canadians, Glenn Gould was, by his own admission, a lover of driving big, fast cars on the open road. When criticized for his rule-breaking, he acknowledged: “I know I’m at fault for driving through red lights occasionally. But look at the number of times I’ve stopped […]
By John Helmer, Moscow If you’re feeling peckish, but the price of fish is too high to swallow, whom do you call? Gennady Timchenko (right image), that’s who – the man who has settled with several English newspapers out of court that he’s not a friend of Prime Minister Vladimir Putin and benefits commercially in […]
By John Helmer, Moscow They said it could never be done, but Alexei Mordashov has done it! Having failed to buy out the 27% Canadian minority shareholders in High River Gold (HRG), who refuse to sell at his price, Mordashov, owner of 73% of the shares, has hidden the annual general meeting where noone but […]
I have long wanted to comment on the investment climate, which was discussed at the meeting of Russian Prime Minister Vladimir Putin with the international railway elite, representatives of financial institutions and investment banks in the framework of the Forum 1520.
By John Helmer, Moscow A decade ago, when Oleg Deripaska trusted Gulzhan Moldazhova, his principal money-changer, to negotiate with China, the authorities in Beijing were reluctant to agree to permitting what was then called Russian Aluminium (Rusal) to open a representative office in Beijing. Until then Rusal had exported aluminium to China through international traders […]
By John Helmer, Moscow There are three golden rules for valuing Russian initial public offerings (IPOs) in the international market.