Rus News Journal

The declaration on intentions

Real will construct two hypermarkets in Moscow
Open Company Real the Hypermarket officially declared the building beginning in Moscow two hypermarkets in cost about $70 million Building licence it has been signed by the mayor of Moscow Yury Luzhkov in the end of January, 2004, civil work will begin in the end of February - the beginning of March. Opening of shops is planned on the end 2004 - the beginning of 2005. The hypermarket floor space in Brateeve will make 26,8 thousand in sq. m, in Pleasant - 18,9 thousand in sq. m. In assortment will be not less than 35,5 thousand names - 11,5 thousand names of articles of food and 24 thousand not food. It is supposed that the share of the Russian suppliers will make 90 %. Open Company Real the Hypermarket - division of group of companies Metro AG, networks of hypermarkets which includes 255 shops into Germany, 27 shops in Poland and 7 shops to Turkey. Total number of hypermarkets Real in the world has reached 289. The world sales volume in 2003 has made 8,2 billion

Game rules
Nestle has agreed with a family
Yesterday between company Nestle and successors of the founder of company L ` Oreal, the French family of Betankur (Lilian Betankur - the daughter of founder L ` Oreal Evgenie Shullera), has been reached the agreement on simplification of system of joint possession by the company. Majority shareholder L ` Oreal (53,8 %) are the French company Gesparal. 51 % of actions Gesparal there are in possession of a family of Betankur, and 49 % - companies Nestle. Under their agreement company Gesparal will be liquidated. The exchange of its actions for actions L ` Oreal will allow Nestle and family of Betankur to become direct owners of 26,4 % and 27,5 % L ` Oreal accordingly. However other shareholders L still should agree with the transaction ` Oreal which meeting will pass on April, 29th. Besides, the agreement between Nestle and a family of Betankur should be approved the French regulating bodies.

Vneshtorgbank has given out the credit the Chemist`s network 36,6
Open Society the Chemist`s network 36,6 declared attraction of the credit of Vneshtorgbanka (VTB), for the sum of $15 million for a period of 36 months. The interest rate for using the credit makes to 15 % annual in currency or to 17 % annual in roubles. The transaction as it is informed in materials of Federal Commission on Securities of the Russian Federation, has been approved at extraordinary meeting of shareholders of the company on December, 25th, 2003. We will remind that in the summer of last year the company has already received from VTB about $7 million under two credits. On February, 4th, 2004 the Chemist`s network 36,6 declared acquisition of 73 drugstores under a brand Leko in Bashkiria. This largest acquisition of the company for all its history and the first absorption made by it in the regional markets. As the chairman of board of directors of the company " has informed; the Chemist`s network 36,6 Sergey Krivosheev, purchase Leko Has been carried out with participation of proceeds of credit VTB. Before in network structure 36,6 66 drugstores in Moscow and Moscow suburbs entered. The company also owns and operates 34 drugstores in Murmansk, Belgorod and Voronezh. In 2004 the company plans to open 35 new drugstores in Moscow and 10 in Moscow suburbs, and also to continue to do acquisitions in regions.

to Magazine New time have not returned a building
Arbitration court of Moscow once again has transferred preliminary hearings under Open Company claim the Publishing house ` New time ` about a recognition insignificant contracts of purchase and sale of a building of edition from Open Company Kontsept . Preliminary hearings were more than once transferred in connection with absence on session of the persons participating in business, and necessity of granting to court of additional documents. We will remind that, according to management ID, the lease contract of a building a total area about 3 thousand sq. The m, adjoining a cinema Pushkin edition has concluded with the State Property Committee of the Russian Federation in the middle of 90 - h years. Some years ago edition has won a number of processes against the Ministry of Property of the Russian Federation under the property rights to a building and then has begun with the company Kontsept negotiations about its sale. Subsequently a management New time has decided not to sell a building and on August, 26th, 2003 has made an application on transaction cancellation. However this very day the company Kontsept has concluded the contract of sale of a building from Open Company Primeks . In the end of September, 2003 employees Primeksa accompanied by workers of the private security enterprise have intruded in a building and in the categorical form have suggested editions to issue with them the lease contract. In this connection edition has submitted the claim about a recognition of the transaction from April, 1st, 2003 insignificant.

PepsiCo has increased profit
Net profit of the American manufacturer of soft drinks PepsiCo Inc. Has grown in 2003 on 18 % - to $3,494 mlrd, or $2,01 for the action; the gain has reached $26,971 billion This indicator as a whole has coincided with expectations of analysts. A year before the company net profit has been fixed at $689 million level, or $0,39 for the action. The gain of the company from October till December, 2003 has grown to $8,07 mlrd from $7,38 mlrd for the same period year before. The company also has confirmed the forecast on profit in 2004 at a rate of $2,24 - 2,28 for the action.

Judiciary practice
the Claim of lawyers to MERTu will consider the Constitutional court
Yesterday the Supreme court has stopped consideration of the claim of the founder and the general chairman central kontrolno - a revision committee of the Russian union of lawyers, the director of consulting firm the Active zone Alexander Suvorov and arbitration managing director Vladimir Korobova to department of tourism of the Ministry of economic development and trade. We will remind that claimants wanted to appeal against against a number of requirements of developed Ministry of economic development and trade of position about licensing of tourist`s agency and tourist`s camera activity. The Supreme court has stopped business, being guided by the decision of the Constitutional court which in the end of January has changed an order of the appeal of statutory acts of the government - now it is possible to appeal against against them only in the Constitutional court. in the near future we will make the complaint in the Constitutional court - the expert of department of corporate relations " has declared; the Active zone Maxim Volkov representing interests of claimants in court.