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PRESS DIGEST - Russia - June 1

Mon Jun 1, 2009 4:28am EDT

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MOSCOW, June 1 (Reuters) - The following are some of the leading stories in Russia's newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

KOMMERSANT

www.kommersant.ru

- Russia's state-controlled Sberbank (SBER.RTS> will become a key shareholders in Germany's Opel as it will get a 35 percent stake in the carmaker for helping finance a deal on saving it from the bankruptcy of its U.S. parent.

- Russian billionaire Alexander Lebedev, an ex-KGB agent who owns about 30 percent of Russian national flag carrier Aeroflot (AFLT.MM), could become the owner of Timan Oil and Gas Plc (TMAN.L) company TOG.

VEDOMOSTI

www.vedomosti.ru

- Russia's state bank VEB will discuss on Monday the possibility of restructuring loans issued to companies, including UC RUSAL, to refinance foreign debts.

- Power generator OGK-3, controlled by Norilsk Nickel miner, has decided to revoke its deal on buying shares in Russia Petrolium and Plug Power Smart Hydrogen and return its 29 million roubles. The company has been criticised by the Audits Chamber for misusing its funds.

ROSSIISKAYA GAZETA

www.rg.ru

- The central bank threatens Russia's bankers with severe punishment, including imprisonment, for the outflow of banking assets abroad.

- Russia's national space agency has signed a $306 million deal with U.S. space officials and undertook to deliver U.S. astronauts to the Internatianl Space Station until 2013.

NEZAVISIMAYA GAZETA

www.ng.ru

- Russian government officials deny rumours of Finance Minister Alexei Kudrin's expected resignation.


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