The Russian arrest of Telenor’s 29,9 percent of the VimpelCom company last week has triggered harsh reactions from a wide specter of foreign investors in Russia. Several analysts now compare the case with the Yukos case, as well as the TNK-BP case.
“This is a test case for how serious the Russian government is in encouraging foreign investment in the post-crisis world,” Roland Nash, head of research at Renaissance Capital told the Moscow Times.
As BarentsObserver reported last week, also the Norwegian government – the main shareholder of Telenor – has taken on the case. Minister of Industry confirms that she has requested a meeting with Deputy Prime Minister Viktor Zubkov on the issue.
