Support The Moscow Times!

Baturina's Influence Plummets in List

Yelena Baturina, president of the Inteko construction firm and wife of former Moscow Mayor Yury Luzhkov, has been ousted as Russia's most powerful businesswomen, according to Finans magazine.

Baturina's perceived influence has dropped so much since her husband was fired last fall that she plummeted from first to 41st place.

Baturina was replaced by Olga Zinovyeva, first deputy general director of the Interros investment company, who came in at No. 3 on last year's list. Zinovyeva is followed by Rosneft deputy chairwoman Larisa Kalanda and Gazprom pricing and economic expertise chief Yelena Karpel.

Finans magazine compiles the annual list of the 50 most powerful businesswomen based on the size of their company, their position, and the position of the company in its industry.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.