Archive for February 03, 2003 / All business news in St. Petersburg / Petersburg CITY / Guide to St. Petersburg, Russia

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18:15 Finnish Fortum Group to Increase Stake in Lenenergo
Fortum, the Finnish energy concern, plans to increase its stake in Lenenergo to 15.7%. The Finnish company's website reveals that Fortum is planning to complete a deal to purchase a 9.3% stake in the Russian company from German energy concern E.ON Energii

18:12 Faeton to Invest USD 15 Million in Business Centre near Pulkovo-3
The Faeton holding company is in the process of investing USD 15 million in a multifunctional center to be built near Pulkovo-3.

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