Rus News Journal

Yesterday

the State Duma has passed in the second reading of change in the law About mortgage securities according to which pledge under mortgage bonds is deduced from competitive weight. In the end of last week the corresponding amendment to the law on bankruptcy of banks has come into force. Now the contradiction between laws is overcome and in the market at last there can be mortgage bonds of which are waited for a long time by its participants.
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the Yakut gold were divided by foreigners
Irish Celtic Resources Holdings, conducting gold mining in Russia and Kazakhstan, has informed on sale of 10 % of the actions Canadian Barrick Gold Corp. Celtic intend to involve the third in the world of the manufacturer of gold in working out of the largest in Yakutia zolotorudnogo deposits Nezhdaninsky. However, while Irish supervise it only half.

p. 15

the Largest pension fund of the USA have decapitated
Management on shots of the State of California has voted for Sean Herrigena`s removal from a post of president California Public Employees Retirement System. Head of the largest pension fund of the USA is dismissed for intervention in affairs of the companies which papers were bought by fund.

p. 15

Sinara rolls a pipe to Poland
Joint-Stock Company the Trumpet metallurgical company (TMK, enters into group Sinara ) Has begun negotiations with a pool of shareholders of not completed trumpet factory Walcownia Rur Jednosc (WRJ, Poland) about its purchase. According to in TMK, the basic obstacle to transaction end is considerable obremenenie WRJ debts. The Ukrainian Industrial union of Donbass becomes competitor TMK at competition for WRJ.

p. 16

transmashholding has received the suburban message
As it became known, Joint-Stock Company transmashholding buys from company UG - Trans 25 % of actions of Demihovsky machine works. The parties promise to finish the transaction till the end of December. In UG - Trans assure that sell enterprise actions in one and a half month after their acquisition only because want to strengthen partner relations with transmashholdingom : the companies are going to develop joint projects in the field of working out and manufacture of a railway rolling stock.

p. 16

Paterson Has made a choice in Ukraine
As it became known, the pilot project of a network Paterson in Ukraine it has appeared under the threat of failure. Ritejler asserts that it is a question of carrying over of terms of opening of shop for 2005. Its partners speak about a complete separation of relations with a network.

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