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Yukos plans extensive restructuring K.

Europe Intelligence Wire

| May 02, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Access Czech Republic Business Bulletin)

Yukos (Russia), oil concern, plans extensive restructuring during 1H 2005. During the restructuring, the individiual parts of Yukos will become independent from the centre and Yukos will not have to do consolidated accounting. Yukos wants to prevent other tax checking up and misunderstanding with Russian state officials due to the step. They gradually …

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