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Basic Element (BasEl) holding company owned by Russian billionaire Oleg Deripaska may become the largest airport operator in Russia after it began talks to buy five regional airports, Vedomosti business daily said on Tuesday quoting BasEl General Director Andrei Yelinson as saying.

At the World Economic Forum in Davos, Oleg Deripaska discusses the economic situation in the eurozone with The Wall Street Journal's Andrea Hotter. He argues that European leaders need to make tough decisions in order to spare future generations from even higher costs than they currently face.

At the World Economic Forum in Davos, Oleg Deripaska discusses the economic situation in the eurozone with The Wall Street Journal's Andrea Hotter. He argues that European leaders need to make tough decisions in order to spare future generations from even higher costs than they currently face.

The Sunday Telegraph's Business Editor Kamal Ahmed caught up with Oleg Deripaska while he was in London for the concert of the Moscow Soloists, supported by his charitable foundation Volnoe Delo. Mr Ahmed talk to Mr Deripaska about how Russia will position itself in today's changing world economic order.

The Sunday Telegraph

UC RUSAL, the world's largest aluminium producer, is pleased to announce that it has entered into an agreement to acquire 50% of OOO "Yaroslavsk GRK" (Yaroslavsk Mining Company) from Russian Mining Company (RGRK). Following completion of the deal, Yaroslavsk GRK will be 100% wholly owned by RUSAL.

SMR, the biggest Russian FeMo producer announces its key production data for 2011. In 2011 the Company continued implementation of the previously adopted program for modernization and technical upgrade of its production facilities

The winners of Robofest-2011 (a joint programme organized by Oleg Deripaska's Volnoe Delo Foundation and Rosmolodezh) attended this years World Robotic Olympics. The Olympics were held in Abu Dhabi, on November 17 through 21.  It brought together 377 teams from 35 countries.  Russia was represented by 23 teams from Moscow, Ulyanovsk, Nadym, Zheleznogorsk and Chelyabinsk regions.  The national team did well in the qualifying matches - almost all the teams made the top 16 in their category.

UC RUSAL announces the development and launch of a unique magnetic hydrodynamic mixer which will enable the Krasnoyarsk aluminium smelter's cast house to extend its alloy product range. The cost of the new equipment amounts to USD 2 million.

Oleg Deripaska's Basic Element plans to invest around 400 million rubles in agriculture development in 2012, compared to 100 million rubles in 2011, Andrei Oleinik, the head of BasEl 's agriculture division said.

RIA OREANDA

Oleg Deripaska, one of Russia's leading business figures, has warned Europe that its "wealthy time" is over and that Russia's newly-agreed membership of the World Trade Organisation opens up fresh possibilities for British businesses.

The Russian billionaire Oleg Deripaska, below, paid an unpublicised visit to London last week, not to fight a court battle, or buy a Premier League football club, but to listen to music.

Chinese automaker FAW Group and Russian billionaire Oleg Deripaska's Gaz Group - one of Russia's largest car manufacturers - plan to start operation of a Russian joint venture from 2012, according to Bo Andersson, CEO of GAZ Group.

China Daily - Hong Kong Edition