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January 29, 2002
Alfa Group Consortium

BP may take stake in enlarged TNK - sources.

Britain's BP has held talks that may lead to its biggest Russian oil investment yet via a stake in TNK - a firm that was its bitterest adversary there until last year - industry sources said on Tuesday. "This is by no means a done deal, but it's an option being looked at," said one source, who...

TAG: Other

January 24, 2002
VimpelCom Ltd.

VIMPEL COMMUNICATIONS Moscow, Russia Russian Telecom Sets Sights On Being Top Dogski.

Now it wants to be a front-runner of a different sort: the top wireless service provider in Russia. Right now, the Moscow-based firm is No. 2. To take the lead, VimpelCom - the first Russian firm to list on the New York Stock Exchange - must venture beyond its home city into less populated...

TAG: Telecommunications

January 10, 2002
ABH Holdings S.A.

Russia's Alfa Bank Outlook Changed To Positive

Fitch, the international rating agency, has today changed the Outlook for Russia's Alfa Bank's (Alfa's) Long-term rating of 'B-' (B minus) to Positive from Stable. Alfa's other ratings have been affirmed at Short-term 'B', Individual 'D' and Support '5T'. Following a number of years of...

TAG: Financial Services

December 21, 2001
A1

Alfa-Eco stumps up for Sakhalin project.

RUSSIA'S Alfa-Eco, which is owned by the powerful Alfa Group Consortium, plans to invest $22 million into onshore and offshore exploration and development on Sakhalin Island, writes Vladimir Afanasiev. Alfa-Eco is a 95% shareholder in local oil producer Petrosakh, which was previously owned by...

TAG: Investment

December 12, 2001
Alfa Group Consortium

TNK Becomes Russia's Highest-Rated Corporate Borrower.

Tyumen Oil Company (TNK) on 30 November received the highest foreign-currency issuer rating of any Russian company since the country's1998 financial crisis, PR Newswire reported. The upgrade, by Moody'sInvestors Service from "B2" to "Ba3," makes TNK Russia's highest-rated corporate borrower....

TAG: Other