{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='RUSSIA: MOSCOW: PRIVATISATION PLAN IN DISARRAY' data-url='/boclips/videos/5c54bfc5d8eafeecae145b0d' data-video-url='/boclips/videos/5c54bfc5d8eafeecae145b0d' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nRUSSIA: MOSCOW: PRIVATISATION PLAN IN DISARRAY\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eEnglish/RussianRussia's much heralded privatisation programme is in disarray.Its architect, Anatoly Chubais, quit the government in January.Since then, critics of the government's reform programme have accused the State Property...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eEnglish/Russian\u003cbr/\u003eRussia's much heralded privatisation programme is in disarray.\u003cbr/\u003eIts architect, Anatoly Chubais, quit the government in January.\u003cbr/\u003eSince then, critics of the government's reform programme have accused the State Property Committee of selling off the country's industry at rock bottom prices.\u003cbr/\u003eAnd a deal between one of Russia's most successful state enterprises and its British investor has come to symbolise all that is wrong with Russia's ambitious programme.\u003cbr/\u003eWhat should have been a perfect marriage has turned into a bitter divorce battle to be settled in the courts.\u003cbr/\u003eMoscow's largest suitmaker Bolshevichka is almost as old as the Revolution itself.\u003cbr/\u003eFounded in 1929 and still proudly bearing the Soviet trademark hammer and sickle above its entrance, Bolshevichka clothed a generation of Soviet men.\u003cbr/\u003eIn a country not noted for its haute couture, the company had little competition. Until the fall of communism.\u003cbr/\u003eBolshevichka soon realised that they needed more than racks of grey suits to survive in the open market.\u003cbr/\u003eWhen the Russian government began its sweeping privatisation programme in the mid-90's, they split up Bolshevichka's assets and sold 49 per cent of the company to a British investor.\u003cbr/\u003eWhat should, in the government's eyes, have been a good deal has turned into a fiasco with both sides blaming the other.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"We were very keen to complete our investment programme. And we could not understand why the General Director Vladimir Gurov wanted to frustrate that investment. We tried to invest in plant and machinery and move forward with the project, we tried to invest in technology and move forward with the project and there was always some delay.\"\u003cbr/\u003eSUPER CAPTION: Alan Lewis, Chairman Illingworth, Morris Ltd\u003cbr/\u003eBut the basis of Bolshevichka's complaint is that the company was sold off too cheaply.\u003cbr/\u003eA company with gross profits last year of over $7 million was sold off for less than $100 thousand.\u003cbr/\u003eSOUNDBITE: (Russian) \u003cbr/\u003e\"The company was sold off very cheaply. What Mr Lewis bought for $92,000 by our reckoning is worth a minimum of $20-30 m, taking into account the property which is in the centre of town, taking into account the stable profit of the company and taking into account the potential here.\"\u003cbr/\u003eSUPER CAPTION: Vladimir Gurov, General Director Bolshevichka\u003cbr/\u003eBolshevichka's employees are standing firmly behind their general director.\u003cbr/\u003eHis twenty years at the factory has brought him their loyalty as well as a significant amount of the company's shares.\u003cbr/\u003eWith their regular paychecks, in itself unusual in today's Russia, the staff are enjoying a sense of security envied by many. \u003cbr/\u003eIn their eyes the British have been long on promises and short on deeds.\u003cbr/\u003eSOUNDBITE: (Russian)\u003cbr/\u003e\"We expected a lot from them, most of all we expected know-how, new technology, new equipment, a market for products - all the things we needed, but so far we have none of these.\"\u003cbr/\u003eSUPER CAPTION: Natasha Mamleyeva, workshop steward\u003cbr/\u003eIllingworth Morris argue that such loyalty is misguided.\u003cbr/\u003eThey contend that Vladimir Gurov is living in the past, serving his own interests and not those of his shareholders.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"It's about whether General Directors of this type of company are beyond the law in Russia. Whether they have responsibilities to the collective or to the shareholders as a\u003cbr/\u003ewhole, because if they haven't and if they're beyond the responsibilities of law I think the future looks very negative.\"\u003cbr/\u003eSUPER CAPTION: Alan Lewis, Chairman Illingworth, Morris Ltd\u003cbr/\u003eVladimir Gurov admits he stands little chance of beating Illingworth Morris in the courts. \u003cbr/\u003eHe blames not only the Russian government, but also himself for failing to understand the rules of the capitalist game.\u003cbr/\u003eA mistake he hopes others in Russia will not make.\u003cbr/\u003eMoscow, Russia, 28 March, 1996\u003cbr/\u003e1. WS exterior factory\u003cbr/\u003e2. MS factory sign\u003cbr/\u003e3. CU hammer and sickle sign\u003cbr/\u003e4. WS machine\u003cbr/\u003e5. WS sewing machines\u003cbr/\u003e6. CU woman at sewing machine\u003cbr/\u003e7. MS conference room\u003cbr/\u003e8. SOUNDBITE: Alan Lewis\u003cbr/\u003e9. WS exterior factory\u003cbr/\u003e10. Set-up Vladimir Gudov\u003cbr/\u003e11. SOUNDBITE: Vladimir Gurov\u003cbr/\u003e12. WS woman assembling suits\u003cbr/\u003e13. MS woman hanging unfinished suits\u003cbr/\u003e14. MS woman pressing vest\u003cbr/\u003e15. MS man at machine\u003cbr/\u003e16. SOUNDBITE: Natasha Mamleyeva\u003cbr/\u003e17. MS woman ironing pants\u003cbr/\u003e18. MS woman folding pants\u003cbr/\u003e19. SOUNDBITE: Alan Lewis\u003cbr/\u003e20. MS woman at machine\u003cbr/\u003e21. MS rack of suits\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid 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class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eDate\u003c/dt\u003e\n\u003cdd\u003e1996\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003ci aria-hidden='true' class='fai fa-solid fa-language'\u003e\u003c/i\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eAudiences\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?audience_ids%5B%5D=371079\u0026amp;grade_ids%5B%5D=259\u0026amp;search_tab_id=1\"\u003eFor Teacher Use\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\u003cdd class=\"text-muted\"\u003e\u003ci class=\"fa-solid fa-lock mr5\"\u003e\u003c/i\u003e2 more...\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='concepts-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='concepts-heading'\u003eConcepts\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list concepts' data-identifier='Boclips::VideoDecorator' data-type='concepts'\u003eeastern europe, europe, russia, business\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='additional-tags-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' 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