Ikea Buys Chipboard Plant

Oct 24, 2012 | News

Moscow Times Ikea has signed a deal to buy a chipboard plant in Novgorod from Pfleiderer Grajewo, an affiliate of Germany’s Pfeiderer Group, Ikea said in a press release, Interfax reported. Pfeiderer is a supplier for the Swedish retailer. Before the deal is...

Rosneft Deal Yields Individual Riches and Fearsome Bears

Oct 24, 2012 | News

Moscow Times 23 October 2012 Rosneft’s acquisition of TNK-BP has reportedly made Viktor Vekselberg Russia’s wealthiest man and gives the state back control of the oil industry that has been largely in private hands since the privatizations of the 1990s. As the dust...