Posted on 06/09/2006 3:57:32 PM PDT by bruinbirdman
Vladislav Tetyukhin, general director of VSMPO-Avisma, the Russian company that is the world's top titanium producer and a major supplier of titanium products to aerospace companies like Boeing, has said the Russian government could purchase a stake in the company by the end of this year. State-owned arms trader Rosoboronexport has said it wants to buy at least a blocking stake - 25 percent plus one share - in VSMPO-Avisma. As Reuters notes, the Kremlin is seeking to tighten control over strategic assets.
(Excerpt) Read more at afpc.org ...
This is bad news indeed; Russian government control is going to subject another formerly prosperous private firm under the cumbersome regulatory stranglehold of the Putin regime. The future of the Russian economy is poor, indeed, if Putin continues his policy of both covert and overt nationalization of industry.
I am
G. Stolyarov II
http://www.panasianbiz.com
Golf club monopoly? Golfers to arms.
National Socialism rears its ugly head. Minerals, metals, oil, energy and now titanium. Historically, the Russians have never really known what it is to be free. Tsarism and Communism have failed, but the Tartars have yet to try Naziism. The free trade union movement is a failure, and give the poor peasants five years at most and they'll be back on the sovkhoz.
Putin is a Stalinist.
yitbos
Mecha-Streisand
i volunteer to lead the Missouri hackers brigade.
LOL
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