Volga | Finance, business

Yukos failure is Mordovia's $183m silver lining

11 Aug '08
In 2009-2011 Republic of Mordovia will receive $183m in federal funds to balance the budget which is sustaining losses following YUKOS' bankruptcy, Kommersant reported.

Fargoil, Yukos-M and Ratmir are YUKOS' three subsidiaries registered in Mordovia that have gone bust.

Apart from Mordovia, similar state support will be provided for Kamchatka Region ($171.2m), Republic of Chechnya ($687.4m) and Chukotka Autonomous District ($82.2m).
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content

Locations: Mordovia

Tags: Kamchatka (58) / Chechnya (32) / YUKOS (3) / Chukotka (27) / YUKOS M (0) / Ratmir (0) / Fargoil (0) /

Latest News: Volga
19 Nov '15 | Technology & innovation | Industry, manufacturing
9 Nov '15 | Transport, logistics | Technology & innovation

Feature stories

14 Nov '15
6 Nov '15
A brief retrospect of how Russian entrepreneurial...
Search (News archive - 20804)
Technology Commercialization
Hi-tech Technopark Association of Russia

Latest News

27 Nov '15
The Moscow Seed Fund, a government funder, and the...
26 Nov '15
Russia’s first microsphere production site kicked off...
26 Nov '15
Scientists at the Voronezh State University in...

Most read stories from last week

25 Nov '15
MIPT, a leading Moscow-based technology university,...
26 Nov '15
Scientists at the Voronezh State University in...
24 Nov '15
Scientists in Novosibirsk, in Siberia, have signed a...