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Chubais Starts Real-Estate Development Company, Vedomosti Says

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April 12 (Bloomberg) -- Anatoly Chubais, the chief executive officer of state-run Russian Nanotechnologies, has founded a real-estate developer, 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 minister 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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