TI ranks Gazprom among most non-transparent companiesJuly 10, 2012 - 13:25 AMT PanARMENIAN.Net - Russian gas giant Gazprom ranked among the most non-transparent international companies according to a survey posted by Transparency International on Tuesday, July 10, RIA Novosti reported. International companies in all business fields are scored from 0-10 based on their disclosure of information important for investors and the general public: where they pay their taxes, their corporate structures and what they are doing to prevent corruption, TI said in the survey. Gazprom ranked 98th with 2.8 points in the Top 105 rating named 'Transparency in Corporate Reporting', the only Russian company in the rating. Norway's Statoil oil and gas firm is at the top with 8.3 points. TI also found that 50 firms from the 105 companies surveyed in the report did not disclose revenue/sales in any country of foreign operations, 85 firms did not disclose income tax in any country of foreign operations and 39 do not disclose any financial data (tax, revenue, sales, pre-tax income, capital investment, community contributions) in their countries of operation. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |