Sberbank
Financial Services Company and Company
Impact of crisis to equal Berlin Wall fall - German minister...workforce. GM stunned Berlin and the entire global auto world earlier this month when it pulled a handbrake turn on a deal that would have sold off Opel to a consortium of Canadian car parts maker Magna and Russia's Sberbank. Germany had... In this article: General Motors, Opel, Wolfgang Schaeuble, Sberbank, Berlin, Communism, Magna, and Germany |
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Telegraph.co.uk - Business | November 04, 2009
Vauxhall's 'happy ending' could turn into a tragedy
...Opel alive since May. Meanwhile, Russia had hoped to gain access to the Western car market through Sberbank, the country's largest state-owned bank, partnering Magna in its acquisition of a 55pc stake in GM Europe. However, in Britain the...
In this article: General Motors, Vauxhall, Opel, Magna, UK, GM Europe, and Russia
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BBC News | November 11, 2009
Russian bank to cut 67,000 jobs
...backing for a bid for General Motors Europe Sberbank, Russia's largest lender, has announced plans to cut as many as 67,000 jobs, or a quarter of its workforce, within the next five years. Around 27,000 of these jobs will go by the end...
In this article: Magna, General Motors, Europe, and Russia
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Indiana Times - The Economic Times | November 11, 2009
Sberbank to cut up to 67,000 jobs
Sberbank to cut up to 67,000 jobs Russia's Sberbank to cut up to 67,000 jobs by 2014 MOSCOW: Sberbank, Russia's largest retail bank, plans to shed up to 67,000 jobs, or a quarter of its workforce, by 2014, a senior company official said on...
In this article: Russia, All rights reserved, World Bank, and Moscow
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FT.com - Lex | November 04, 2009
GM / Opel
...size to make a profit. BACKGROUND NEWS GM late on Tuesday night sent shockwaves through Europe and the car industry by abandoning its planned sale of Opel to Canada's Magna and Russia's Sberbank. The surprise move sparked angry reaction...
In this article: General Motors, Opel, Magna, Germany, US, Europe, Berlin, and GM Europe
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SPIEGEL ONLINE - International | November 04, 2009
Auto Industry Poker Game Ends: GM Makes Shock Decision To Keep Opel
...Canada and the German government. In September the decision was made to sell Opel and Vauxhall to a consortium of investors that included Canadian-Austrian car parts supplier Magna and Russia's Sberbank. In the original deal, Magna and...
In this article: General Motors, Opel, Vauxhall, Magna, Bankruptcy, Europe, and Germany
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Description from Wikipedia:
Sberbank Rossii ( ) (Russian: Сбербанк России, a contraction of "сберегательный банк"; English: "Savings Bank of the Russian Federation") is the largest bank in Russia and Eastern Europe. Its headquarters are in Moscow and its history goes back to Cancrin's financial reform of 1841. In many regions Sberbank is practically the only bank capable of providing local administrations with complex banking services and of rendering significant financial support in implementing investment and social programs.
- Name:
- Sberbank Rossii
- Type:
- Joint stock company
- Location:
- Moscow, Russian Federation
- Founded:
- 1988 (transformed to present status)
- Owned by:
- Russian Central Bank (60.25%)
- Industry:
- Banking
- Key People:
- German Gref
- Products:
- Financial Services
- Revenue:
- RUB 348.7 billion
- Net Income:
- eq. 4.16 billion (2008)
- Assets:
- 200.9 billion
- No. of Employees:
- 251,000
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