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RUSSIA: GAZPROM-MEDIA POISED FOR EXPANSION.(Brief Article)

IPR Strategic Business Information Database, January, 2005

Gazprom-Media General Director Nikolai Senkevich said on 20 January that his company "undoubtedly plans to build up and expand our business," Interfax reported. The media holding of state-controlled Gazprom controls NTV, TNT, Ekho Moskvy, "Itogi," "Tribuna," and numerous other media properties. When the company was caught up in the 2001 takeover of NTV and other Media-MOST properties, company officials said that Gazprom intended to divest itself of its media holdings and other noncore assets as soon as possible. "We had a difficult childhood," Senkevich said. "I am sincerely grateful to all those who were there at the start, who have ever worked, and who continue to work for the company." RC

Copyright (c) 2005. RFE/RL, Inc. Reprinted with the permission of...

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