As Russia squeezes big business, a tycoon decides to pick a fight

Article Abstract:

Mikhail Fridman, Alfa-Group of Russia has initiated a bribery case against Leonid Reiman the Russian Minister of Telecommunications and longtime friend of Vladimir Putin. Mr. Putin has pledged to rid Russia of the powerful tycoons that rose after post-Soviet Russia, the super rich are either leaving the country or currying favour with the government. Mr. Fridman has built an approximately $8 billion empire.

Legal issues & crime, Management dynamics, Legal/Government Regulation, Bribery, Management, Economic aspects, Company legal issue, Cases, Political aspects, Company Profile, Company business management, Alfa-Group, Fridman, Mikhail, Reiman, Leonid

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As Westerners move into Russia, its vast oil wealth keeps growing: BP, others boost production with basic tools of trade; reserve estimates surge strengthening Putin's hand

Article Abstract:

Improved, update technology in Russian oil fields is yield higher productivity and the discovery of far greater reserves than previously known. All the major oil companies are looking to invest. Rusia's importance and an oil producer grows.

United Kingdom, Financial management, British Petroleum Company PLC, Company investment, Investments, Growth, Company growth

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