The Kremlin's battle against the conglomerates

November 27th, 2009

In recent weeks, a handful of Russian public companies, the behemoths of the national economy is in the eye of the cyclone. Prepared in the shadow of the Kremlin walls, the offensive is a bank, a technology conglomerate, a company that specializes in nanotechnology, a group of public works, a nuclear specialist, a gun manufacturer …

Seven "corporate state" inherited, mostly from the Soviet era, employing hundreds of thousands of employees and brew as many billions of rubles of turnover.

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