Authorities auction off final shares of Russian steel mill giant
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The UFGIS Structured Holdings Ltd. company has won an auction of the state&#39;s remaining stake in the country&#39;s largest steel mill, OAO Magnitogorsk Iron &amp; Steel Works, after bidding $790 million US for the 17.8 per cent stake.
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The Russian government yesterday night appeared to be preparing to sell the main asset of Yukos, the countryâs embattled oil company, for as little as $4 billion - a fraction of its fair value â-n a move analysts branded as âdaylight robbery
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MOSCOW The Russian Justice Ministry said on Tuesday that it had decided to go ahead with the sale of parts of the oil company Yukos to cover billions in taxes owed by the company.
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MOSCOW, NOVEMBER 19: Russia pressed ahead on Friday with the last step in the destruction of embattled oil major Yukos, saying it will auction its main Siberian unit on December 19 at a starting price of $8.65 billion.
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Russian tax authorities yesterday scheduled the equivalent of a fire sale at what was once the nation&#39;s largest oil company, offering the main production facility at Yukos Oil
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Russia said on Friday it would go ahead with an auction to sell the key asset of embattled oil company YUKOS  despite a U.S. bankruptcy court decision to block it for several days.
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Russian authorities will continue to sell off the remains of the shattered Yukos oil company, with at least one of its main remaining subsidiaries being sold sometime this spring, a Russian news agency said Tuesday.
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Gazprom, Russia&#39;s biggest taxpayer, decided to sell the entire stock of Gazpromneft, which it thinks &quot; has accomplished its mission,&quot; the Itar-Tass news agency quoted a source close to the gas giant as reporting on Tuesday evening.
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Description: Russian officials make it clear they plan to proceed with an auction of oil company Yukos&#39; main production unit, despite a restraining order from a US court.
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The Russian government said it will auction off Yukos's largest oil subsidiary at a price the company's chief executive called "state-organized theft."
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MOSCOW - Russia said on Friday it would go ahead with an auction to sell the key asset of embattled oil company Yukos despite a US bankruptcy court decision to block it for several days.
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Russian press reports say oil company Surgutneftegaz is the mystery purchaser of the main assets of Russia&#39;s Yukos empire, which was auctioned for $9.35 billion to a shell company at the weekend.
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Moscow. (Interfax-China) - The assets of Yuganskneftegaz, the core production unit of Yukos sold at an auction on December 19, will be transferred to a separate, wholly state-owned company, the Russian Industry
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The Russian Justice Ministry has completed an assessment of the Yukos oil company and will sell off some of the company's assets, the ministry said in a statement Tuesday carried by the Interfax news agency.
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Russia said on Friday it would go ahead  with an auction to sell the key asset of embattled oil company  YUKOS despite a U.S. bankruptcy court decision to block it for  several days.
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Russia's Federal Anti-Monopoly Service said Friday that a fourth bidder would be participating in this weekend's planned auction of the embattled Yukos oil company's giant Siberian production unit.
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The Russian government will auction off Yuganskneftegas, the main production unit of embattled oil giant Yukos, on December 19 with a starting price of 246.75 billion rubles (8.65 billion dollars), the federal property fund announced.