The Russian bank restructuring agency, or ARKO, held an open auction for the sale of a 12.95 per cent interest in Avtovazbank. The ARKO press service reported that the price of the block of shares amounted to 18m rubles (about $624,000). Transneft oil company has won the tender. After this action ARKO still remains the largest owner of Avtovazbank - it owns 75.16 per cent in the bank's authorized capital.
Following the missile attack on the Black Sea Fleet headquarters in Crimea, Russia will obliterate airfields in Western Ukraine where Sukhoi Su-24 bombers are stationed