Issue 4270. Last Updated: 11/09/2009

Business in Brief

Mosfilm May Get 2 Studios ST. PETERSBURG -- The country may transfer control of two state-run movie studios to the Moscow-based Mosfilm, which is also owned by the state, Mosfilm general director Karen Shakhnazarov said, Vedomosti reported Thursday. The Federal Property Management Agency earlier planned to sell Lenfilm and Gorky Film Studio to private investors, the newspaper said. Representatives of both studios declined to comment to Vedomosti. (Bloomberg) RusAl Wage Talks in Jamaica United Company RusAl, the world's largest aluminum producer, said Thursday that its Jamaican bauxite and alumina plant was operating normally and that wage talks with a labor union were ongoing. The plant, operated by Alumina Partners of Jamaica, has two unions, with one already agreeing to renew workers' contracts, said Halvor Molland, a spokesman for Norsk Hydro. Hydro owns 35 percent of the plant. RusAl, owner of the majority stake, commented separately in an e-mailed statement.

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