Norilsk Nickel
$3 bln
Norilsk Nickel investment program through 2010
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NLMK
$150 mln
issue of new shares on the resolution of the Board of NLMK
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Perm Motors
in Top 10by growth rate according to the rating of the largest Russian companies Expert-200
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SIDANKO
$1.51 bln
capitalization (the largest company in Eastern Europe)
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ProfMedia
#1
in Top 10 of the largest printed media companies
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Rosbank
#12 in Russia
by net assets
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North-Western Shipping Company
$70 mln
company’s profits by the end of 1999
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UNEXIM Bank
start of merger with Rosbank
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Soglasie
15 new branches
opened during the year
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IR Leasing
$32.1 mln
77 units of equipment for Zavenyagin NGMK
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Interros-Dostoinstvo
the fund and NMMC bring to life "the new generation" pension program
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Vladimir Potanin creates a Charity Foundation to implement long-term socially significant projects in the nation’s education and culture. The Foundation’s mission is to facilitate the growth of strategic philanthropy and the career development of active, creative professionals. The Vladimir Potanin Foundation grant and scholarship programs support education, while A Changing Museum in a Changing World Competition, the First Publication Competition and the State Hermitage Museum assistance program support Russian culture. Interros overcomes the crisis fallout by successfully restructuring assets and debt obligations. The North-Western Shipping Company is restructured into a holding, thus optimizing cash flow and creating a more efficient service delivery system. The company, formerly in the red, becomes profitable. In 1999, North-Western Shipping profits amount to $70 mln.