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Report: Putin's Friend Set to Win Lucrative New Contract

A report says President Vladimir Putin's childhood friend is set to win a massive seaport contract. Respected business daily Kommersant reported Tuesday the firms controlled by Arkady Rotenberg are positioned to win the contract for a new cargo port on the Taman Peninsula. It cited officials familiar with the talks. Earlier this year, Rotenberg's company, Gazstroymontazh, completed a $3.5 billion project to build the much-anticipated 19-kilometer (12-mile) bridge linking...

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