Russian Company Pays Largest Legal Award In History — Almost $2 Billion — For Devastating Arctic Fuel Spill

File Photos of Law Books and Gavel, adapted from image at fjc.gov

… [T]he Krasnoyarsk City Court of Arbitration ruled that almost all of the sum, the largest legal award in Russian history, must go to the federal treasury […]

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Russia’s Richest Billionaire: Impact of Sanctions Is Waning

Cash, Calculator, Pen

(Bloomberg – bloomberg.com – Ryan Chilcote, Yuliya Fedorinova – May 18, 2015) Russia’s richest man said international investors are coming back to the country and the impact of sanctions has peaked. “Now it’s getting clear that the situation is more politically stable or predictable,” Vladimir Potanin, who heads Russia’s biggest miner, OAO GMK Norilsk Nickel, said in an interview with […]

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Nickel and dimes

Nickel Operation file photo

(opendemocracy.net – Marc Bennetts – May 2, 2013) Marc Bennetts is a British writer and journalist. He lives in Moscow and is author of “Football Dynamo”, a book on modern Russia and football published in 2008. The fertile territories around Voronezh have long been referred to as Russia’s ‘breadbasket’. They also hold the last major nickel reserves in Europe, and […]

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Unexpected peace turns Norilsk Nickel into milking cow: Year in Review

Nickel Operation file photo

MOSCOW. Jan 9 (Interfax) – The multi-part drama known as the corporate dispute at Russian mining giant Norilsk Nickel (RTS: GMKN) came to a conclusion at the end of 2012 with an unexpected twist. The distribution of forces that had emerged at Norilsk Nickel since the end of 2008 seemed fairly stable and safe. Vladimir Potanin’s Interros and Norilsk Nickel’s […]

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