Russia » Economics

Yakut parliament adopts bill on ALROSA - 6 March, 2003

Yesterday, the parliament of Yakutia adopted on the first reading the bill on the Joint-Stock Company ALROSA, which fixed the current organizational and legal status of the enterprise and the rights of local uluses (districts) for 8 percent of its shares, Vostok Media reported. "The concept and the strategy of the bill were approved; its articles will be discussed and elaborated on by the parliament's committees; all suggestions will be taken into account. According to parliamentary regulations, two months will be needed for preparing the bill for the second reading," spokesperson for Yakut President Dzhulustan Ivanov stated.

It is worth mentioning that at the end of 2002, the Russian government has become ALROSA's largest shareholder after increasing its stake in the company from 32 to 37 percent. The Yakut government owns another 32 percent. The ALROSA's employees hold 21.71 percent of shares, eight Yakut uluses - 8 percent, and the company's management - 1.29 percent.

More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?

Venezuela may expect another Panama scenario from 1989
Comments
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Beautiful and terrifying: Russia shows video of Bulava ICBM underwater salvo launch
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin wants foreign invaders out of Syria
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
What may happen to foreign tourists traveling for 2018 World Cup in Russia
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russian special services detain Hizb ut-Tahrir members in Crimea
Russian special services detain Hizb ut-Tahrir members in Crimea
Foreign Ministry official explains why Russia had to sell Alaska to US
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Just Words on Scraps of Paper
Just Words on Scraps of Paper
SWIFT refuses to cut Russia off, even if Washington insists