Alfa Group Chairman Mikhail Fridman to be listed Among 25 Others Leading The Effort To Make Europe Dynamic Again
26 Jun 2003
According to BusinessWeek, they have each demonstrated an ability to embrace change, to look at new ways to sort out old problems. They are the revolutionaries ushering in tomorrow's Europe and they are part of the 25 leaders chosen as BusinessWeek's Stars of Europe - 2003.
"No one should doubt the capacity for renewal of the European continent of 450 million people. When the recovery comes-the 25 exceptional managers, innovators, entrepreneurs, financiers, and agenda-setters chosen as this year's BusinessWeek Stars of Europe will have played a crucial part," writes John Rossant, BusinessWeek's European Bureau Chief.
BusinessWeek editors note, that Russia is more than ever part of Europe's renewal process. A new generation of managers such as Severstal's Alexei Mordashov and Alfa Group's Mikhail Fridman is winning plaudits from the investment community. "Now, Fridman is doing as much as anyone in Russia to integrate his homeland's businesses with Western corporations and to adopt Western management and marketing practices. His biggest achievement is engineering a landmark $7 billion deal, launched in January, in which British energy giant BP PLC took a 50% stake in newly formed Russian oil company TNK-BP". The article
A complete list of BusinessWeek's "Stars of Europe - 2003" and further information is available online at www.BusinessWeekeurope.com.
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