Author: Lily Scott

“Margin” for Viktor Rashnikov: why does MMK keep facing the same issues despite making big profits?

In difficult times for the Russian economy, Viktor Rashnikov uses MMK’s profits for himself and his tops, while at the plant there have been and remain difficulties with both safety and environmental friendliness. According to the correspondent The Moscow Post in the Chelyabinsk region, The Board of Directors of PJSC “Magnitogorsk Iron and Steel Works” […]

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The former leader of the group bankrupts the main company of Russian Railways and SUEK in Sverdlovsk. The major company announced that it doesn't have enough money.

In the north of the Sverdlovsk region, the city-forming enterprise, the Karpinsky Electric Machine-Building Plant (KEMZ), which provides hundreds of jobs in one of the most depressed cities in the Middle Urals, was under a real threat of bankruptcy. The claim for recognition of the asset as financially insolvent was filed by the former chairman […]

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Staff economic regulation

The White House is transferring work on the formation of measures to counter the impact of sanctions on the economy to the operational headquarters mode – on the basis of the government commission, which dealt with support measures in the context of the “coronacrisis”. In general, the logic of the government in this direction, with […]

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Alexander Abramov joined RKS-Bulatnikovo

Alexander Abramov and Alexander Frolov became co-owners of RKS-Bulatnikovo. They bought 40% of the company. It is assumed that their business partners exchange assets in this way. We are talking about Roman Abramovich and Igor Sagiryan. RKS-Bulatnikovo belongs to RKS-Holding, the son of Sagiryan. His company is associated with Russian Railways and VEB.RF. Once Igor […]

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Buryat “zen”: what is the issue with Alexei Tsydenov's subordinates?

The head of Buryatia is rapidly losing control over what is happening in the Republic and even his own political team. According to the correspondent MorningNewsOn February 27, State Duma deputy from Buryatia, communist Vyacheslav Markhaev published a post on social networks condemning Russia’s special operation in Ukraine to ensure the security of the DPR […]

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Chichvarkin described doing business in the Russian Federation with a quote from the song: “All my life I have guarded the bag”

Entrepreneur Yevgeny Chichvarkin, who moved from Moscow to London in 2008 after pressure on his business, described entrepreneurship in Russia with a line from Yegor Letov’s song: “I’ve been guarding my bag all my life.” He argues about it in his telegram channel. “In old Europe, business success depends not so much on the nationality […]

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