Interview with Leonid Reiman
Published: 18 April, 2008, 10:32
TAGS: Interview
A recent law limiting foreign access to strategic sectors is not meant to put off investors in any way. Communications Minister Leonid Reiman says the new rules won’t affect the telecoms sector at all.
“I don’t think these restrictions are significant, they only concern large companies that dominate their sectors. Also, it’s not a direct limitation. It merely states the foreigners should obtain permission from the state if they want to buy large stakes in companies within these sectors,” he said.
18.04.2008, 09:56
Russian metal tycoons divide assetsLong-time business partners Vladimir Potanin and Mikhail Prokhorov are one step further to separating their mutual assets, a process that began more than a year ago. |
18.04.2008, 12:54
Super profits for a minor minerThe Russian coalmining firm, Raspadskaya, has posted a net profit of $US 240 million for 2007, under international financial reporting standards. This was on the back of revenues that rose 67 per cent to $US 784 million. |
