PRESS DIGEST - Russia - July 13

Mon Jul 13, 2009 3:04am EDT
 
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MOSCOW, July 13 (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

- The main shareholders of the state diamond company Alrosa have decided to replace the existing chief executive with Fyodor Andreyev, a deputy chief of Russian Railways in a crisis-linked move. - Local lawmakers are expected to approve legislation to ease the process of hiring foreigners to work at Russian banks and financial firms.

- The governor of Ulyanovsk region backs the restoration of the local capital to its historical name Simbirsk from Ulyanovsk. The leader of the 1917 October revolution Vladimir Ulyanov (Lenin) was born there.

VEDOMOSTI

www.vedomosti.ru

- Russian carmaker GAZ has agreed a 40 billion roubles ($1.25 billion) debt restructuring with most creditors, but Alfa Bank is unhappy with the terms and could jeopardise the deal.

- The owner of Novolipetsk Steel maker (NLMK.MM) Vladimir Lisin has paid $23.5 million for the United Media company which owns radio stations Business FM and Kino FM.

ROSSIISKAYA GAZETA

www.rg.ru

- Russia produces only 62,200 tonnes of high quality beef, less than half a kilo per person a year, the daily says.

- Moscow city authorities have filed a suit against MacDonald's in an attempt to force the restaurant chain to pay higher rent on premises located in the centre of the capital.  Continued...

 

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