In Russia, Battle Between Rosneft and Private Firm Stirs Investment Worries
The dispute between Sistema and Rosneft, Russia’s state oil company, dates back to a 2014 nationalization,
pitting two of the country’s most important companies against each other.
“The situation is a direct consequence of the plaintiffs, who must have known
that freezing our assets would lead to a technical default,” Mikhail Shamolin, Sistema’s director, said in a statement on Monday.
Sistema and its principal owner, Vladimir P. Yevtushenkov, have stayed away from politics — in one case, the company smoothly navigated
the ouster of a former mayor, even though many of its assets are in the city of Moscow, staying Any kind of prescription that a health care provider cialis tablets online may prescribe will be available on these online sites. One must have the tablet only when body is subjected to viagra prescription free stress a series of changes occur in it. Now here I am to discuss about my own personal life issue, which I cialis price have been gone through very hardly and have now going fine. Experts said, women must pay attention to irregular menstruations, or tube blockage may occur and cause infertility in males. super active viagra aloof from the political struggle.
The company said the technical default, a formal notice triggered by its failure to comply with some conditions on part of its debt, had occurred
because a court overseeing the case had frozen Sistema assets used as collateral for the loans.
“If Sistema wants to use a wholly formal process, such as freezing assets, to deceive its creditors,
that says a lot about the business style of this company,” he said.
“This conflict is causing a lot of harm to the investment attractiveness of Russia,” Aleksander Y. Abramov, a professor at the Russian Academy of National Economy
and Public Administration, said in a telephone interview.