Word: khristenko
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...necessary to understand the place and role of folk crafts in the general construction [of the market]," said Viktor Khristenko, head of the Industry and Trade Ministry, in March. As orders have started to dry up, the production of handicrafts by registered companies in the period between January and May fell 19% compared with the same period last year, dropping from $35.2 million worth of goods to $28.5 million, according to the Federal State Statistics Service. Meanwhile, the number of tourists, who make up the bulk of buyers of Russian handicrafts, has dipped drastically, with 25% fewer visitors arriving...
...photo of Health and Social Development Minister Tatiana Golikova sporting pricey pinstripes, a jewel-encrusted cross and what looks like a chic Italian handbag. On the inside of the paper, reporter Roman Shleinov has a detailed piece (headlined super family) on Golikova; her husband, Industry and Energy Minister Viktor Khristenko; and their son Vladimir, now working at a metals outfit run by one of his parents' cronies...
...sector ripe for state consolidation may be the pipeline business. According to official documents seen by Time, there are moves afoot within the Kremlin to create a huge oil and gas pipe-line monopoly based on an existing pipeline operator, Transneft. In February, Russian Industry and Energy Minister Viktor Khristenko submitted a report to Putin suggesting that Transneft acquire Russia's stake in the Caspian Pipeline Consortium (CPC), a company partly owned by the governments of Kazakhstan and Oman, which operates a 1,500-km oil pipeline from western Kazakhstan to a marine terminal in the Russian Black Sea port...
...unite Russia and China in a way that communism never did? Yukos watchers assumed that the Russian oil titan, neutered by massive tax bills and the jailing of its CEO, would end up in the hands of the Russian government. But last week Russia's Energy Minister, Viktor Khristenko, announced that a 20% stake in the new business may be sold to China's state-oil company CNPC...
...move ups the state's 38% stake in Gazprom to a controlling one in the newly formed Gazpromneft, and paves the way for foreign investors' billions to flow into Russia. But Putin apparently announced his plan before his ministers had agreed on its details: Industry and Energy Minister Viktor Khristenko cooled expectations, saying that liberalization "doesn't mean the removal of limits." Shortly afterward, Economic Development and Trade Minister German Gref promised that all restrictions would be lifted. Who's right? "I'd rather give credence to Khristenko's stance as more realistic," says Mikhail Zadornov, former Finance...
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