Category Archives: utilities companies

What to Make of Putin’s Anti-Offshore Crusade

Last month, PM Putin addressed the Government Commission on Electricity Generation. At the meeting, Putin launched into a searing critique of Russian companies using offshore “front companies.” Indeed, Putin noted, “Taking the Russian economy and its strategic sectors out of … Continue reading

Posted in Business, Business and Economy, corruption, Dmitry Medvedev, Gazprom, goskorporatsii, legal update, offshore, PM Putin, President Medvedev, Rostekhnologii, russia, state corporations, utilities companies, Vedomosti, Vladimir Putin, war on corruption | 2 Comments

Growing IKEA Russia Corruption Scandal – Two Execs Fired

Update: Check out the Russian-language coverage here: Kommersant; Свободная Пресса; Независимая Газета; Право.ру; Слон.ру; and a lively discussion over at Ведомости.  Last Friday, Swedish furniture-giant IKEA announced that it fired two top managers at its Russia subsidiary ZAO “IKEA MOS” … Continue reading

Posted in bribery, bribes, corruption, IKEA, utilities companies | 3 Comments