Mon	Tue	Wed	Thu	Fri	Sat	Sun
26	27	28	29	30	31	01
02	03	04	05	06	07	08
09	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	01	02	03	04	05	06

Mon

Tue

Wed

Thu

Fri

Sat

Sun

Prokhorov to Invest $10Bln in New Unit

25 July 2008

By Maria Antonova

Billionaire Mikhail Prokhorov's Onexim Group said Thursday that it would invest $10 billion over the next five years in a new company, Intergeo, to develop the mining assets he received from former partner Vladimir Potanin.

Subscribing to The Moscow Times online

To receive access to this service, you will have to register and subscribe.

If you have any difficulties with making payment please contact Yury Voloshin at payment@themoscowtimes.com

Discussion

Comments

To post comments you must be authorized

For bloggers

Also in Business

Most Read

Russia Ranked No. 1 For Economic Crime

Of 86 companies surveyed in Russia, 71 of them — 82.5 percent — said they had been subjected to at least one major economic crime in the past 12 months, according to a report released by PricewaterhouseCoopers.
United Russia Tripped Up in Tax Bill Debacle

A public outcry and rebuke from the Kremlin force the ruling party to call back a bill that it unanimously passed just days earlier.
Inmates Abuse Suspect in $17M Theft

Yevgeny Skoblikov was arrested last month, soon after he told police that about $6 million and 7 million euros ($10.5 million) in cash were stolen from his rented Moscow apartment.
Medvedev: Road Safety As Urgent As Recession

In July, Medvedev criticized the country’s road safety record, calling the situation “monstrous” after a series of fatal bus and car crashes left dozens dead.
Licensed to Kill

Magnitsky did not die by chance. He died because corrupt Interior Ministry officers killed him.
Terrorism on the Roads

The threats associated with traffic deaths outweigh those of terrorism.
Central Bank Averts $44M Pension Fund Heist

The Pension Fund discovered the theft Monday when it received a notice from the Central Bank that 1.25 billion rubles had been transferred from its account.
State Lays Claim to Academic Society

A shakeup at the St. Petersburg-based Russian Geographic Society, which bills itself as Russia’s oldest organization, has ruffled feathers in the group.
Court Ruling Shelves Death Penalty

While public opinion on the matter remains mixed, the Kremlin and government have both said they do not want executions to resume, and praise flooded in from human rights groups.
RusHydro to Manage Dam Alone

Energy Minister Sergei Shmatko says RusAl is pulling out of management of the Boguchanskaya project, although the aluminum company will remain a 50-50 financing partner in the RusHydro-led project.

Login:
Password:
	Remember me
	Registration Forgot your password?

* - required fields
* Recipient
* Your name
* Your e-mail address
* Subject
* Your message
* Protection from automated form filling	Please type in the symbols shown in the image above

Mon	Tue	Wed	Thu	Fri	Sat	Sun
26	27	28	29	30	31	01
02	03	04	05	06	07	08
09	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	01	02	03	04	05	06

	Mobile PDF, RSS
	Issue 4279. Last Updated: 11/20/2009	My profile: Login or register for free

Mon	Tue	Wed	Thu	Fri	Sat	Sun
26	27	28	29	30	31	01
02	03	04	05	06	07	08
09	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	01	02	03	04	05	06

Contact us

Prokhorov to Invest $10Bln in New Unit

Prokhorov to Invest $10Bln in New Unit

Comments

Mon	Tue	Wed	Thu	Fri	Sat	Sun
26	27	28	29	30	31	01
02	03	04	05	06	07	08
09	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	01	02	03	04	05	06