Word: avtovaz
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...Russian plants, none have been approved, according to the Ministry of Economic Development and Trade. Indeed, there appears to be a growing backlash against Chinese manufacturers. Earlier this year, a Russian car magazine crash-tested a Chery Amulet at facilities owned by the country's biggest carmaker, OAO AvtoVAZ. The magazine, AvtoRevu, claimed the Amulet was so badly mangled in the crash that the car should be pulled from the market for safety reasons. Chery said the test was unfair...
...corporatist model" - one in which the economy is dominated by monopolistic quasi?state controlled corporations. In addition to Russia's renationalization of the oil industry, in November the country's weapons-trade monopoly, Rosoboronexport, announced it was taking control of Russia's largest auto manufacturer, the formerly privatized AvtoVAZ. The combination of such reassertion of state control and the opening up of a portion of state firms to private investors enables Putin to argue that he is introducing market reforms into the economy even as he tightens his grip elsewhere. The media has long been muzzled, the judiciary controlled; regional...
...Yukos, officials insisted it was a single such case rather than a trend. But it soon became obvious that Yukos was not a single case, that this concerns the entire economy. Just this month, officials of the state-owned Rosoboronexport (the weapons trade monopoly) has taken over the privatized AVTOVAZ (a major automotive plant).These and other such cases show that Yukos was a campaign, which is intensifying weekly...
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