Latest Vladimir Lisin Stories

2008-09-08 00:00:22

By Joe Napsha When Russian leader Nikita S. Khrushchev toured the United States in 1959, he visited Mesta Machine Co. in West Homestead to see a mill that made machine tool and steel mill equipment for the thriving steel industry. Today, the Russians are doing more than just visiting steel mills and steel-supply plants to see how they work -- they're buying some of the nation's steel industry assets, thanks in large part to Russian tycoons who are worth billions of dollars, experts say....

2008-08-21 18:00:20

Text of article by historian, professor Boris Sokolov criticizing the Russian action in Georgia as an ultimate loss for Russia and win for Georgia as Russia's standing in the world has and will continue to suffer as a result of the conflict: "Did Saakashvili Lose? The results of the war in Georgia run contrary to the official propaganda." by Russian newspaper Gazeta, owned by metals magnate Vladimir Lisin, on 19 August Did Saakashvili Lose? The results of the war in Georgia run contrary...

2008-08-15 00:00:29

Carlyle Group, the world's second-largest private-equity firm, sold U.S. steelmaker John Maneely Co. to Russia's OAO Novolipetsk Steel for $3.5 billion, increasing its money sevenfold in two years. The Zekelman family also sold its stake in John Maneely, which is forecast to have sales of $3 billion in fiscal 2008, Lipetsk-based Novolipetsk said in a statement. It's the biggest steel industry takeover this year, according to data compiled by Bloomberg News. Maneely owns Wheatland Tube...

2008-08-14 12:00:42

Russia's leading steel producer Novolipetsk Steel said it had agreed to buy pipe and tube maker John Maneely Co. for $3.53 billion. The deal requires approval by the U.S. Committee on Foreign Investment. If approved, the purchase would close in the fourth quarter of 2008, The Moscow Times reported Thursday. JMC, owned by the Carlyle Group and the Zekelman family, is based in Beachwood, Ohio, and includes 11 plants in five states and one Canadian province. The company's production capacity...

Word of the Day
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'