Russia 110708 Basic Political Developments
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- X5 Retail Q2 Net Retail Sales Jumps - Quick Facts
- High-technology air enterprise to be set up in Karachai-Cherkessia.
- Alfa Group Has Been Disappointed in Aircraft Business
Business, Energy or Environmental regulations or discussionsX5 Retail, Rosneft, Tatneft May Move: Russian Equity Previewhttp://www.bloomberg.com/news/2011-07-07/x5-retail-rosneft-tatneft-may-move-russian-equity-preview.html By Henry Meyer - Jul 7, 2011 10:00 PM GMT+0200 The following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are from the previous close in Moscow. The 30-stock Micex Index (INDEXCF) increased 2.1 percent to 1,740.53. X5 Retail Group NV (FIVE) : Russia’s largest retailer by sales may publish a second-quarter trading update. Its London- listed shares surged 3.5 percent to $41.62. OAO Rosneft (ROSN RX): Russia’s largest oil company may move after oil surged to a three-week high in New York on signs that the U.S. economic recovery is whittling down crude inventories in the world’s largest user of the commodity. Shares gained 2.1 percent to 241.7 rubles. OAO Tatneft (TATN3 RX): Deputy Finance Minister Sergei Shatalov said Russia’s plan to adjust oil export taxes to boost production without eating into budget revenue may be delayed beyond Aug. 1 as producers OAO Bashneft and Tatneft (TATN) and refiner TAIF complain of potential losses. Shares in the oil company based in Russia’s Tatarstan region rose 1 percent to 188.22 rubles. To contact the reporter on this story: Henry Meyer in Moscow at hmeyer4@bloomberg.net To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net X5 Retail posts upswing in H1 revenue http://www.rbcnews.com/free/20110708103433.shtml RBC, 08.07.2011, London 10:34:33.X5 Retail Group's revenue surged 44% year-on-year to RUB 224.2bn (approx. USD 8.01bn) in January-June, the retailer said in a statement today. In April-June, the group's revenue soared 41% to RUB 112.2bn (approx. USD 4.01bn). X5 Retail Q2 Net Retail Sales Jumps - Quick Factshttp://www.rttnews.com/Content/QuickFacts.aspx?Id=1661644&SM=1 7/8/2011 2:43 AM ET (RTTNews) - Russia-based X5 Retail Group NV (FIVE.L: News ) Friday reported a 41 percent jump in second-quarter net retail sales on a Russian ruble-basis, thanks primarily to the acquisition of Kopeyka stores and also strong performances in the soft discounters and supermarkets segment. Like-for-like, or LFL, sales improved 10 percent year-over-year. Net retail sales for the quarter were 112.20 billion Russian rubles, compared to 79.76 billion Russian rubles last year. On a US dollar basis, net retail sales surged 52 percent to $4.01 billion from $2.64 billion in the prior year. The soft discounters segment saw a 9 percent LFL sales growth, and the supermarkets segment contributed an 18 percent climb in LFL sales. Click here to receive FREE breaking news email alerts for X5 Retail Group and others in your portfolio For comments and feedback: contact editorial@rttnews.com President of Troika Dialog Ruben Vardanian takes over Rosgosstrakh http://news.am/eng/news/67137.html July 07, 2011 | 21:27 MOSCOW. - President of Troika Dialog company, businessman Ruben Vardanian and LLC Rosgosstrakh advisory council chairman Lomakin-Rumyantsev, entered the board of directors of Rosgosstrakh as independent directors. The invitation of independent directors to the board is related to the recent decision by the shareholders of Rosgosstrakh to intensify the process of preparing for affiliation to IPO, reports Vedomosti.
http://www.itar-tass.com/en/c154/181690.html 8/7 Tass 73 CHERKESSK, July 8 (Itar-Tass) — It is planned to create a high-technology aircraft industry enterprise and a modern technology park the Karachai-Cherkessia Republic. The regional press service told Itar-Tass that “head of Karachai-Cherkessia Rashid Temrezov approved the proposal of the Interavia design bureau on the creation of the technology park, the decision has been made to sign an agreement between the republic’s authorities and the leadership of the company for the implementation of the project.” According to Interavia, the company intends to register here an aircraft industry group based on the federal and private property. It is planned to organise serial production of aircraft equipment for fulfilling the national economy tasks and provide the full maintenance service cycle. The company also plans to create the research and production and flight facilities, including an airfield, which would ensure flight tests and operation of the equipment. The republic also needs a centre for training of engineers, technicians and pilots based on methods developed at flight academies of the Russian Federation and at the Moscow Institute of Aviation. “This programme will help organise a prestigious high-yield aircraft production, to create 450 jobs in manufacturing and a significant number – at the sites of operation of the manufactured equipment,” the press-service noted.
Read more: http://www.businessinsider.com/alfa-group-has-been-disappointed-in-aircraft-business-2011-7#ixzz1RUa7ghsn Jul. 7, 2011, 11:30 AM Russian newspaper Vedomosti has found out that investment branch of Alfa Group, called A1, being disappointed in aircraft business, has decided to sell its 51% stake in OOO “Avianova”. The decision was made in the end of 2010, as Dmitriy Chernyak, managing director of A1, told Vedomosti. A1 is actively seeking for a buyer for the asset. The stake has been already proposed to Aeroflot who was not very interested at the time. Investment bankers value their “Avianova” stake at roughly $70 million, market sources report.
Read more: http://www.businessinsider.com/alfa-group-has-been-disappointed-in-aircraft-business-2011-7#ixzz1RUaEclpT Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/0/92ef58fa-a8c2-11e0-b877-00144feabdc0.html#ixzz1RUkVweNh July 7, 2011 10:32 pm Directory: gifiles -> attach attach -> British Forces – Akrioti, Greece Griffin Fighter Squadron (84 Squadron raf) MoD announced possible Typhoon and Tornado arrivals to the base France attach -> Russia 110204 Basic Political Developments attach -> Unclassified//for official use only attach -> Adaptability Sustainment attach -> Pop-up 1 ("C" Chechnya) Header Text: Emir of the Caucasus Emirate Doku Umarov Image attach -> Russia and Islam are not Separate attach -> Chapter 13: The Northern Caucasus attach -> Russia 100209 Basic Political Developments attach -> The evolution attach -> The devolution Download 300.67 Kb. Share with your friends:
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