Issue 152 – Mirror of Vladivostok News

Issue 152 :: Thursday, October 16, 1997


Business Business Chronicle
The Vladivostok News	10/16/97 03:45 PM
Fuel cuts help company, but not customers Thanks to a 40 percent decrease in the cost of transporting fuel on the Russian railway until March 31, Dalenergo will save 55.5 billion rubles ($9.4 million) in the next six months. One reason for the region’s high electricity rates (up to eight times the level of some Russian regions) is the high cost of fuel transportation. Still, no rate cuts are on the way for consumers.
Any comments?



Business Krai protects foregin investors
The Vladivostok News	10/16/97 03:44 PM
The krai will create a commission to protect the rights of foreign investors because officials are counting on overseas funds to restore prosperity in Primorye, Gov. Yevgeny Nazdratenko announced Oct. 7.
Any comments?



Business Krai gets tough on back taxes
by Nick Wadhams	10/16/97 03:44 PM
The krai government has signed legislation allowing a regional tax collecting organization to collect arrears from regional defaulters by “all possible means.”
Any comments?



Business Krai wants home-grown hops
by Nick Wadhams	10/16/97 03:42 PM
Government officials wants beer producers to bring home the 30 billion rubles ($5 million) annually that goes to purchasing barley and malt in the United States.
Any comments?



Business Marketing makeup
by Heidi Brown	10/16/97 03:40 PM
In a town with high unemployment, Mary Kay makeup saleswomen often end up as the family breadwinner.
Any comments?



Business Trade port to issue stock
by Nick Wadhams	10/16/97 03:39 PM
As it celebrates its 100th anniversary, the Vladivostok Commercial Sea Port is ready to release more than $10 million in new shares within the next two months, pending a Nov. 5 shareholders’ vote.
Any comments?