Source Pravda.Ru

New York Times pays attention to Russian business scandal

Russian oligarch Oleg Deripaska wants the whole playground instead of a ball

The Western business community is really concerned about the situation with the Russian economy. Illegal property distribution, semi-criminal methods of competition became a subject for a lot of publications in Western major media outlets. The New York Times published an article in its issue of August 13, “ Handful of Corporate Raiders Transform Russia's Economy.” The article sheds light on the conflict situation in the Russian timber industry. Kotlas Pulp and Paper Mill (the Arkhangelsk region), which is incorporated into Ilim Pulp Enterprise, became the real hostage of the situation. This mentioned company has been withstanding a siege for several weeks already.

The American newspaper cited the opinion from Frank Graves, the Canadian chief operating officer of Ilim Pulp: “At first I thought it was a joke [the attempt to seize the Kotlas Paper Mill], but then I understood that we had serious problems. It is not that the bully wants to take our ball, but that the bully wants to take the whole bloody playground.” “The bully” is Oleg Deripaska, who controls the company Base Element that attempted to take over the Kotlas Paper Mill. Oleg Deripaska has several of such “playgrounds” – three-fourth of the Russian aluminium industry and a big piece of the automobile industry. It was not enough for him to have that, so he wanted to get hold of the Russian forestry. Ilim Pulp showed a strong resistance against that. Spokesmen for the company say that they are acting and will be acting only within the legal framework.

Gun fire is not likely to be heard in the Arkhangelsk region. There is no bloodshed, but the methods, which are used in that competition are far from being civilized.

Translated by Dmitry Sudakov

Comments
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Russian politician says Donald Trump extremely dangerous for Russia
North Korea says Trump makes first step towards nuclear war
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Should Russian athletes go to non-Olympic Games in South Korea?
Indian Origin of Egyptian Civilization
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Why did the USSR lose the Moon race?
US military men depressed over of Russia's new T-5000 sniper rifle
Russia to counter Boeing's Х37В with top secret MiG-41 project
Should Russian athletes go to non-Olympic Games in South Korea?
Russia to rebuild its former Soviet naval base in Syria's Tartus
Donbass without militia will be worse than Srebrenica - Putin
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Should Russian athletes go to non-Olympic Games in South Korea?
Should Russian athletes go to non-Olympic Games in South Korea?
Putin: Russia will continue spending enough on defence not to be killed