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Chubais Starts Real-Estate Development Company, Vedomosti Says

Anatoly Chubais, the chief executive officer of state-run Russian Nanotechnologies Corp., has founded a real-estate development company, Vedomosti reported, citing data from Russia’s register of companies.

Development Capital, of which Chubais holds 90 percent, owns land in the Moscow region, the newspaper said. According to a declaration by Chubais in 2010, he has 55,538 square kilometers of lend in the region.

Chubais is a former deputy prime minster and finance minister.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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