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For the Record

March 24, 2010

The government will control about 54 percent of Rostelecom after regional telecoms are merged into the telecommunications holding, Kommersant reported Tuesday, without saying where it got the information. (Bloomberg)

Russian oil producers will spend 1.5 trillion rubles ($50 billion) to upgrade and build refineries in the next five years, Deputy Prime Minister Igor Sechin told President Dmitry Medvedev on Tuesday. (Bloomberg)

The Federal Anti-Monopoly Service approved the transfer of some Rosavia assets to Aeroflot, but it has not received an application for the rest of the assets, the watchdog’s head, Igor Artemyev, said Tuesday. (Bloomberg)

Vladimir Yevtushenkov’s Sistema won regulatory approval to buy 49 percent of oil producer Russneft, said Igor Artemyev, head of the Federal Anti-Monopoly Service. (Bloomberg)

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