Russia 110721 Basic Political Developments
Polyus, Gazprom, Rostelecom, VTB: Russian Equity Preview
Download 318.03 Kb.
|
- Navigate this page:
- Petropavlovsk boosts gold output in H1 by 32% to 219,100 ounces
- Russias central bank withdraws license from Moscow-based AMT bank
- Razgulay Appoints Chairman Mirgalimov as Chief Executive Officer
- Yenisey Industrial to Get Loan for Elegest Coal, Interfax Says
Polyus, Gazprom, Rostelecom, VTB: Russian Equity Previewhttp://www.bloomberg.com/news/2011-07-20/polyus-gazprom-rostelecom-vtb-russian-equity-preview.html Q By Anna Shiryaevskaya - Jul 20, 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) rose 0.1 percent to 1,701.37. The dollar-denominated RTS Index climbed 0.5 percent to 1,936.54. OAO Polyus Gold (PLZL RX): Gold futures fell for the second straight day on optimism that policy makers in Europe are moving closer to resolving the region’s debt woes. Russia’s biggest gold producer slid 1.8 percent to 1,717.40 rubles. OAO Gazprom (GAZP RX): NAK Naftogaz Ukrainy, Ukraine’s state-run energy company, said it had 16.9 billion cubic meters of natural gas in storage as of July 18, after pumping in 7 billion cubic meters since April. The company also plans to borrow 625 million hryvnia ($78 million) from the state-run export-import bank this month to pay for Russian gas. Gazprom, the Russian gas exporter, rose 0.2 percent to 200.31 rubles. OAO Rostelecom (RTKM RX): The association of shareholders and investors of Russia’s dominant fixed-line phone company is seeking re-election of the company’s board of directors, RIA reported, citing the group. Rostelecom gained 5.3 percent to 209.72 rubles. VTB Group (VTBR RX): Russia’s second-biggest lender completed the purchase of 29.4 percent of OAO TransCreditBank from OAO Russian Railways. VTB gained 0.4 percent to 0.08569 rubles. To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net July 21, 2011 10:28 Petropavlovsk boosts gold output in H1 by 32% to 219,100 ounceshttp://www.interfax.com/newsinf.asp?id=260660 MOSCOW. July 21 (Interfax) - Gold production alliance Petropavlovsk increased its gold output by 32% to 219,100 ounces in the first half of 2011 from 166,300 ounces produced for the same period of 2010, the company said. Gold production in the second quarter of 2011 increased by 43% to 143,700 ounces. The company expects its production to increase in the second half of this year thanks to seasonal operations to set up 'heap leaching' and placer gold production. Petropavlovsk confirmed an earlier announced forecast that puts 2011 output at 600,000 ounces. Sales of precious metals in the first half came to 266,000 ounces at an average price of $1,455 per ounce. Sales increased 71% year-on-year. In addition to funds on the company's balance sheet at the end of 2010, standing at $96 million, the company signed an agreement to raise $340 million in loan facilities, which should be enough for financing the company's capital expenditures. Ih (Our editorial staff can be reached at eng.editors@interfax.ru) VTB ups stake in TransCreditBank to 73% http://www.rbcnews.com/free/20110721104647.shtml RBC, 21.07.2011, Moscow 10:46:47.VTB has closed a transaction to purchase a 29.4% interest in TransCreditBank from Russian Railways, thus bringing its stake to 72.9%, VTB said in a statement late Wednesday. Russian Railways President Vladimir Yakunin said earlier that the company would receive about RUB 16.5bn (approx. USD 588m) for the 29.4% stake. Russian Railways is expected to sell the remaining 25% plus one share stake in TransCreditBank to VTB for RUB 13.95bn (approx. USD 497m) before the end of 2013. Russian Railways also expects to receive around RUB 10bn (approx. USD 357m) from the capitalization of the bank's profit. Russia's central bank withdraws license from Moscow-based AMT bankhttp://en.rian.ru/business/20110721/165310197.html 11:50 21/07/2011 MOSCOW, July 21 (RIA Novosti)Russia's central bank has withdrawn the operating license from Moscow-based mid-sized AMT Bank over inaccuracies in its financial statements, the regulator said on Thursday. "The Bank of Russia has taken the decision to revoke the license because AMT Bank has failed to comply with federal laws on banking activity and Bank of Russia regulations and has considerably distorted its financial statements,," the regulator said in a statement. AMT Bank invested funds in assets without creating adequate reserves for possible losses, the central bank said.
OAO Razgulay Group (GRAZ), a Russian sugar and grain producer, said its board appointed Rustem Mirgalimov as chief executive officer on a one-year contract. Mirgalimov was hired last year as the company’s chairman and is a managing partner at Avangard Asset Management, Razgulay said in the 2010 annual report posted on its website. Avangard became Razgulay’s largest shareholder this year after buying shares from the producer’s founder Igor Potapenko, it said. To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net
Yenisey Industrial Co., owned by Russian Copper Co. shareholders Igor Altushkin and Ruslan Baisarov, will receive a 2 billion-euro ($2.84 billion) loan to finance development of the Elegest coal deposit in Siberia, Interfax reported, citing an official it didn’t identify. Yenisey Industrial reached an agreement on the syndicated loan with a group of unidentified foreign banks, the Moscow- based news service said. To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net
http://www.rbcnews.com/free/20110721110602.shtml RBC, 21.07.2011, Moscow 11:06:02.Moscow's Domodedovo Airport is to resume a project aimed at developing approximately the 14 hectare area it controls, RBC Daily reported today citing chairman of the airport's board of directors Dmitry Kamenshchik. The development plan could be unveiled this fall. Of the total area, 9.5 hectares will be used for the construction of runways and 5,000 hectares will be used for the construction of Aerotropolis, a complex of terminals, shopping malls, offices, a business park, and exhibition centers, according to a presentation made in 2007. According to Kamenshchik, investments in the development of the airport will amount to $1.5bn-$2bn over the next 10 years. Investments in 2011 are estimated at $200m-$250m.
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 318.03 Kb. Share with your friends:
|