Kommersant English- the gvt will launch pension reform that should resolve the problem of insurance

The gvt by 2014 will launch pension reform that should resolve the problem of insurance fees. The president and the prime minister have differing views on this problem. English Kommersant examines them in detail. American Ford and Russian Sollers are launching a joint venture that will produce six models of autos on three grounds with a common capacity of over 350 000 cars a year. But despite of large-scale partnership plans with Ford, Sollers in the next three years will not give up its cooperation with Fiat. Nizhny Novgorod today will host the Russia-NATO summit that may turn out to be a breakthrough in the implementation program "Partnership for Modernization". Kommersant english examines the European program of Dmitry Medvedev saying what Russia expects in exchange for its European Union loyalty. The Duma intends to seriously carve out again the market of higher education opening access for private higher schools and colleges ti budget financing. Best private higher schools Students will be able to study in budget money and to receive stipends. The corresponding draft bill has already been submitted to the Duma. Kommersant English examines its major provisions. Maria Gaidar is quitting the post of deputy governor Kirov region and is leaving for Harvard to study there. Kommersant English says reform she has initiated in the region, saying how the opposition regards them. Dmitry Medvedev on the threshold Council session to discuss ecology issues met with representatives of non- gvt ecological organizations. The president made several unexpected political statements. Kommersant English comments on them.
The Basmanny District Court for the first time rejected the petition Investigative Committee of Russia concerning the arrest leading employee Prosecutor's Office region within the framework high-profile criminal case connected with guarding by police for bribes the illegal gambling centers. The gvt has refused to set to rights and to centralize the budget funding preparations Olympic Games-2014 in Sochi within the framework of one program. By Prime Minister Vladimir Putin's order, the non-completed Olympic program has been excluded from the list of programs. In this way the gvt has confirmed the decision of 2007: the budget expenses on Sochi are conducted outside the program-targeted methods of financing. This strips the Finance Ministry and the Economic Development Ministry possibility of effectively control expenses on Sochi. Prime Minister Vladimir Putin met with members Presidium Transport Workers Union. He told that in a couple of days the value added tax ( VAT) on the domestic flights may be canceled. English Kommersant brief comments on Putin's statement. The Arbitration Court on Wednesday recognized OOO Soyuz-Viktan as a bankrupt. Soyuz- Viktan is part of international group Soyuz-Viktan, Press Secretary court Natalya Menshina reported. The VTB shareholders at the annual meeting on June 3 elected a new Overseeing Council. The brief names them all. Global Ports minority Sberbank Capital before IPO sold its 10 percent of shares to the main owners of company for $220 million-$238 million. Thus, the shareholder has assessed Global Ports by 1.5 times cheaper than the organizers of the upcoming IPO. How do analysts regard Sberbank's assessment? The European Business Association made public information about the sales of autos in Russia in May. Auto market is continuing to grow steadily - in May the volume of sales grew by 48 percent as compared with the similar period last year. Rosselkhozvbank is in talks on the purchase of mortgage portfolios given out by regional banks. Such practice is not typical, since before it preferred to expand its business independently, market participants indicate. Retail crediting has become a priority only this year. Kommersant english reveals the Rosselkhozvbank policy and plans.
The Sankt- Peterburg bank's plans to increase capital are being realized ahead of schedule: on Wednesday the bank announced the entry of EBRR into its capital and the attraction from it of 2.75 billion rubles. Through the entry of EBRR into its capital Sankt -Petersburg is resolving at once two tasks. The Finance Ministry has endorsed the standards of the adequacy of their own means and liquidity for the microfinancial organizations attracting the money of individuals and legal entities in the form of loans. The Kit Finans bank, the reorganization of which has become the most expensive (about 130 billion rubles ) is creating a unit to work with problem assets, says on its site. Sberbank may increase dividends for 2011, German Gref reported at the World Economic Forum in Eastern Europe and Central Asia. Sberbank hopes in 2011 to receive a 250 billion ruble profit. Last year the figure was 175 billion rubles. The Central Bank's Committee for Banking Surveillance on June 8 made a decision to issue a license to the Capital-Moskva bank. This was stated by the Central Bank's Department of Foreign and Public Relations. Sergei Rudakov, ex-Director-General of Airport Domodedovo, has become head of the Board of Directors of Bazel Aero of Oleg Deripaska. Rudakov will deal with the company's avia projects and will help Bazel prepare for the Olympiad in Sochi. Bulgaria does not exclude the construction of new reactors on the Kozlodui nuclear plant that was built by the Soviet project. French ARENA was proposed to consider this possibility. The new blocks on Kozlodui may become competitors for the Russian skidding project of the Belene nuclear plant. Nafta Moskva of Suleiman Kerimov is close to the deal to purchase 50 percent + 1 share of Belaruskaly. What is the price of the deal? Despite of Gazprom Neft's former statements, the fire in the company's oil refinery late last week caused a reduction of production. Now the company admits that the output of fuel has been reduced by 15 percent. Resorts North Caucasus ( KSK) will become a co-owner of 30 percent of the first Arkhyz resort that is being built in Karachayevo-Cherkessia by Group Sinara of Dmitry Pumpyansky. Kommersant English examines the project.
InfoLine and Retailer Magazine have compiled a rating of Top-20 retailers in Russia in 2010. The story examines the leaders. The Renaissance Capital investment controlled by Mikhail Prokhorov is organizing IPO of its subsidiary "Ukrainian Agrarian Investments" managing about 300 000 hectares of land in Ukraine. The placement on the Varshavskaya Stock Exchange should take place ion June. Preliminarily,50 percent of shares have been estimated for the sale at $150 million. The Russian Technologies controlled corporation is in talks on acquiring a controlling share in the Pharmaceutical Terminals (Pharmat) company, the main owner of which is Andrei Mladentsev,ex-deputy head of Roszdravnadzor. Pharmat can become the basis for building the national distributor of medicines.The gvt planned its creation way back in 2007. Former Communications Minister Leonid Reiman is the minority Angstrem scientific-production association and head of its Board of Directors. The story describes his Angstrem, focusing on its aims. The Internet-service Vigoda.ru, the co-owner of which is Access Industries of Leonard Blavatnik is breaking into the market of Ukraine. The company has bought "Gorod-24 " service for approximately $1 million. Kommersant english examines the Ukrainian market of electronic commerce. Rostelecom has become a participant in the project to create the ground telecommunications route between Europe and Asia. The Supplement is devoted to Travel this summer season.