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Russia & CIS Business and Financial Newswire articles from February 2006

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<a href="http://www.highbeam.com/Russia+~A~+CIS+Business+and+Financial+Newswire/publications.aspx?date=200602" title="Articles and back issues from Russia & CIS Business and Financial Newswire">Russia & CIS Business and Financial Newswire articles</a>

Russia & CIS Business and Financial Newswire back issues from February 2006:

NEGP CHIEF VARNIG, YAMAL-NENETS GOVERNOR NEYOLOV, RENAISSANCE'S SHOKHIN AND DRKW REPRESENTATIVE NOMINATED FOR GAZPROM BOARD.

Feb 01, 2006 ... NEGP CHIEF VARNIG, YAMAL-NENETS GOVERNOR NEYOLOV, RENAISSANCE'S ...

Average weighted price of OFZ 25059 totals 99.4015% at auction (Part 2).

Feb 01, 2006 ... Average weighted price of OFZ 25059 totals 99.4015% at auction (Part 2) MOSCOW. Feb 1 (Interfax) - The average weighted price for federal loan bond series OFZ-PD 25029 (maturing January 19, 2011) offered at an additional placement auction on Wednesday was 99.4015% of face value, ...

Rusal ups primary aluminum output 1.6% in 2005.

Feb 01, 2006 ... Rusal ups primary aluminum output 1.6% in 2005 MOSCOW. Feb 1 (Interfax) - Rusal increased primary aluminum output 1.6% in 2005 to just under 2.714 million tonnes, Russia's No ....

Yukos output may fall 5% in 2006 (part 2).

Feb 01, 2006 ... Yukos output may fall 5% in 2006 (part 2) MOSCOW. Feb 1 (Interfax) - Russian oil company Yukos (RTS: YUKO) has said that oil and gas condensate production by the company in 2006 may fall 5% to 23.4 million tonnes. The company said in a statement that this figure is ...

Results for trading of listed shares in RTS at 17.00 MSK Part 1.

Feb 01, 2006 ... Results for trading of listed shares in RTS at 17.00 MSK Part 1 01.02.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1150.0 1250.0 - - - Aeroflot 1.58 1.62 - - - PAVA 0.75 1.15 - - - Pharmacy Chain 36.6 33.0 ...

Yukos output may fall 5% in 2006.

Feb 01, 2006 ... Yukos output may fall 5% in 2006 MOSCOW. Feb 1 (Interfax) - Russian oil company Yukos (RTS: YUKO) has said that oil and gas condensate production by the company in 2006 may fall 5% to 23.4 million tonnes. The company said in a statement that this ...

Quotations for Russian Eurobonds.

Feb 01, 2006 ... Quotations for Russian Eurobonds 01.02.06 Dealer 26.06.07 31.03.10 24.07.18 24.06.28 31.03.30 Vnesheconombank 106.437 106.370 146.500 181.125 111.625 106.500 106.500 147.000 181.370 111.750 Gazprombank 106.380 106.350 146.620 181.080 ...

EBRD to invest up to $50 mln in venture fund.

Feb 01, 2006 ... EBRD to invest up to $50 mln in venture fund MOSCOW. Feb 1 (Interfax) - The board of directors of the European Bank for Reconstruction and Development (EBRD) has approved investing up to one-third of total capital, but not more than $50 million, in the combined capital of ...

Daily Headline News for February 1, 2006.

Feb 01, 2006 ... Daily Headline News for February 1, 2006 The following is a digest of headline news as of 5:30 p.m. on February 1, 2006: RUSSIAN NGOS PLAN TO SUE IN RELATION TO 'SPY ROW' A number of Russian non-governmental organizations are planning to go to court in order to ...

Avg weighted OFZ-PD 25060 yield an annual 6.3% at auction.

Feb 01, 2006 ... Avg weighted OFZ-PD 25060 yield an annual 6.3% at auction MOSCOW. Feb 1 (Interfax) - The average weighted price for federal loan bond series OFZ-PD 25060 maturing April 29, 2009 offered at auction Wednesday was 98.9467% of face value, ...

Dollar reaction reserved on Fed decision.

Feb 01, 2006 ... Dollar reaction reserved on Fed decision MOSCOW. Feb 1 (Interfax) - The U.S. dollar had a reserved reaction on the Moscow Interbank Currency Exchange (MICEX) after the Federal Reserve lifted its key interest rate yet again. The dollar slipped when trading opened, but ...

Baku Steel Company restarts production.

Feb 01, 2006 ... Baku Steel Company restarts production BAKU. Feb 1 (Interfax) - Baku Steel Company (BSC), Azerbaijan's only rebar producer, restarted operations on February 1 after coming to a standstill on January 18 due to a lack of raw material, Namig Akhmedov, the company's chief spokesman, ...

Total tax claim against Yukos $9.8 bln.

Feb 01, 2006 ... Total tax claim against Yukos $9.8 bln MOSCOW. Feb 1 (Interfax) - The total tax claim brought against Russian oil company Yukos by the Russian authorities amounts to $9.8 billion, the company said in a statement. By the beginning of December 2005 Yukos Oil Company and ...

Results for trading of listed shares in RTS at 12.00 MSK Part 2.

Feb 01, 2006 ... Results for trading of listed shares in RTS at 12.00 MSK Part 2 01.02.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal - - - - Dagenergo - - - - ...

NWT net profit to RAS grows 28% in 2005.

Feb 01, 2006 ... NWT net profit to RAS grows 28% in 2005 ST. PETERSBURG. Feb 1 (Interfax) - Northwest Telecom (NWT), the incumbent telecommunications operator in Russia's Northwest, net profit to Russian Accounting Standards (RAS) grew a tentative 28% to 1.8 billion rubles in 2005 from the year ...

Official exchange rates for CIS and Baltic Nations as of February 1.

Feb 01, 2006 ... Official exchange rates for CIS and Baltic Nations as of February 1 Country Currency For $1 For 1 ruble For 1 euro Azerbaijan (manat) 0.9146 0.0325 1.1116 Armenia (dram) 449.22 15.97 544.36 Georgia (lari) 1.8125 0.0644 2.1917 Belarus (bel.ruble) 2150.00 76.43 2600.21 Kazakhstan ...

YUKOS TO INVEST $160 MLN IN PRODUCTION, $230 MLN IN REFINING IN 2006 - COMPANY STATEMENT.

Feb 01, 2006 ... YUKOS TO INVEST $160 MLN IN PRODUCTION, $230 MLN IN ...

Quotations for Aries.

Feb 01, 2006 ... Quotations for Aries 01.02.06 Dealer 25.10.07 25.10.09 25.10.14 EUR EUR USD bid/offer, % Vnesheconombank 104.881 113.693 127.750 104.971 113.943 127.930 Bank Zenit 104.750 113.750 127.750 105.000 114.000 128.000 ...

OMK's Chusovoi plant ups pig iron output 16% in 2005.

Feb 01, 2006 ... OMK's Chusovoi plant ups pig iron output 16% in 2005 MOSCOW. Feb 1 (Interfax) - The Chusovoi Metallurgical Plant in the Perm region, a division of the United Metallurgical Company (OMK), produced 64,000 tonnes of automobile springs, 410,000 tonnes of finished rolled products and ...

Rusal boosts revenue nearly 13% in 2005 (Part 4).

Feb 01, 2006 ... Rusal boosts revenue nearly 13% in 2005 (Part 4) MOSCOW. Feb 1 (Interfax) - Rusal boosted revenue 12.8% in 2005 to $6.1 billion, Russia's No.1 aluminum producer said in a press release. Revenue from sales on international markets grew 9.3% to $4.7 billion and revenue ...

Moscow power cos to start power cuts Thursday evening - UES.

Feb 01, 2006 ... Moscow power cos to start power cuts Thursday evening - UES MOSCOW. Feb 1 (Interfax) - Power companies will start cutting power to customers in Moscow region Thursday evening due to a new spell of arctic ...

Chelyabinsk Zinc Plant reduces zinc, alloy output 23% in 2005.

Feb 01, 2006 ... Chelyabinsk Zinc Plant reduces zinc, alloy output 23% in 2005 MOSCOW. Feb 1 (Interfax) - Chelyabinsk Zinc Plant reduced production of zinc and its alloys 23% to 116,366 tonnes in 2005, from 151,974 tonnes in 2004, the company said in a press release. Revenue audited ...

MMK ups revenue 10.4% in 2005.

Feb 01, 2006 ... MMK ups revenue 10.4% in 2005 MOSCOW. Feb 1 (Interfax) - Magnitogorsk Iron & Steel Works (MMK) (RTS: MAGN) increased revenue to Russian Accounting Standards (RAS) tentatively 10.4% in ...

Results for trading of listed shares in RTS at 15.00 MSK Part 1.

Feb 01, 2006 ... Results for trading of listed shares in RTS at 15.00 MSK Part 1 01.02.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1070.0 1290.0 - - - Aeroflot 1.58 1.615 - - - PAVA 0.75 1.15 - - - Pharmacy Chain 36.6 33.0 ...

Azerbaijan posts 2005 budget deficit of 0.7%.

Feb 01, 2006 ... Azerbaijan posts 2005 budget deficit of 0.7% BAKU. Feb 1 (Interfax) - Azerbaijan had a preliminary state budget deficit of 135.4 million manat or 0.7% of GDP in 2005, Finance Minister Avaz Alekperov said at a Cabinet meeting. "By preliminary data, budget revenue was ...

Polyus sustains gold production in 2005.

Feb 01, 2006 ... Polyus sustains gold production in 2005 MOSCOW. Feb 1 (Interfax) - MMC Norilsk Nickel's (RTS: GMKN) gold mining arm ...

Results for trading of listed shares in RTS at 16.00 MSK Part 2.

Feb 01, 2006 ... Results for trading of listed shares in RTS at 16.00 MSK Part 2 01.02.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal 11.94 11.99 11.965 2 ...

Yukos sells British subsidiary DPT.

Feb 01, 2006 ... Yukos sells British subsidiary DPT MOSCOW. Feb 1 (Interfax) - The sale of Yukos' British-based subsidiary Davy Process Technology Limited (DPT) was completed on Wednesday following the purchase of the London headquartered business for $71 million by Johnson Matthey, the ...

Burgas-Alexandroupolis committee to meet in March - Khristenko.

Feb 01, 2006 ... Burgas-Alexandroupolis committee to meet in March - Khristenko MOSCOW. Feb 1 (Interfax) - A meeting of a trilateral working committee on the Burgas-Alexandroupolis project will take place in March, Industry and Energy Minister Viktor Khristenko said after talks with Bulgarian ...

Moscow ecologists protest against East pipeline Baikal section.

Feb 01, 2006 ... Moscow ecologists protest against East pipeline Baikal section MOSCOW. Feb 1 (Interfax) - Supporters of the environmental organization Greenpeace Russia are holding a protest outside the Moscow offices of federal technical watchdog Rostekhnadzor against the construction of the ...

AVERAGE WEIGHTED YIELD OF OFZ 25060 AT AUCTION - 6.3%.

Feb 01, 2006 ... AVERAGE WEIGHTED YIELD OF OFZ 25060 AT AUCTION - ...

Gazprom-Ferrostaal venture dissolved.

Feb 01, 2006 ... Gazprom-Ferrostaal venture dissolved MOSCOW. Feb 1 (Interfax) - Arkhangelsk-based OOO Metaprom, a joint venture between Russian gas giant OAO Gazprom (RTS: GAZP) and Ferrostaal, set up to build and operate an methanol plant, has been liquidated. Gazprom, which owned ...

Custom agencies pay 172.12 bln rubles to budget in Jan.

Feb 01, 2006 ... Custom agencies pay 172.12 bln rubles to budget in Jan MOSCOW. Feb 1 (Interfax) - Russian customs agencies paid 172.12 billion rubles to the federal budget in December, 13.5 billion rubles ...

Rusal boosts revenue nearly 13% in 2005 (Part 2).

Feb 01, 2006 ... Rusal boosts revenue nearly 13% in 2005 (Part 2) MOSCOW. Feb 1 (Interfax) - Rusal boosted revenue 12.8% in 2005 to $6.1 billion, Russia's No.1 aluminum producer said in a press release. Revenue from sales on international markets grew 9.3% to $4.7 billion and revenue ...

Ingul to bid for Kundravinskaya gold placers.

Feb 01, 2006 ... Ingul to bid for Kundravinskaya gold placers MOSCOW. Feb 1 (Interfax) - Ingul, a gold mining company in the Chelyabinsk region, plans to bid for the exploration and mining rights to the Kundravinskaya group of gold placers in the region's Chebarkul district if it is included in ...

Belarus' govt debt grows 20.6% in 2005.

Feb 01, 2006 ... Belarus' govt debt grows 20.6% in 2005 MINSK. Feb 1 (Interfax) - Belarus' state debt grew 20.6% to the equivalent of 5.37 trillion Belarussian rubles in 2005, the Finance Ministry told Interfax. The debt increased 14.5% in December, after growing 3.8% in November. ...

Rusal ups primary aluminum output 1.6% in 2005 (Part 2).

Feb 01, 2006 ... Rusal ups primary aluminum output 1.6% in 2005 (Part 2) MOSCOW. Feb 1 (Interfax) - Rusal increased primary aluminum output 1.6% in 2005 to just under 2.714 million tonnes, Russia's No. 1 aluminum producer said in a press release. Rusal said alumina production rose ...

Results for trading of listed shares in RTS at 16.00 MSK Part 1.

Feb 01, 2006 ... Results for trading of listed shares in RTS at 16.00 MSK Part 1 01.02.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1150.0 1250.0 - - - Aeroflot 1.58 1.615 - - - PAVA 0.75 1.15 - - - Pharmacy Chain 36.6 33.0 ...

NORTHWEST TELECOM NET PROFIT TO RUSSIAN ACCOUNTING STANDARDS UP 28% TO 1.8 BILLION RUBLES - PRESS RELEASE.

Feb 01, 2006 ... NORTHWEST TELECOM NET PROFIT TO RUSSIAN ACCOUNTING STANDARDS ...

Yesterday in Brief for February 1, 2006.

Feb 01, 2006 ... Yesterday in Brief for February 1, 2006 The following is a digest of headline news from January 31 to 11:30 a.m. on February 1: RUSSIAN NGOS PLAN TO SUE IN RELATION TO 'SPY ROW' A number of Russian non-governmental organizations are planning to go to ...

Beltransgaz to increase gas transit revenue 6%.

Feb 01, 2006 ... Beltransgaz to increase gas transit revenue 6% MINSK. Feb 1 (Interfax) - Belarussian gas transport company OAO Beltransgaz plans to receive $210 million from transiting Russian gas in 2006, which is 6.1% more than in 2005, company Chief Engineer Tsvitomir Sorokhan said at a ...

Finance Ministry, Ukrainian cos boost borrowings in 2005.

Feb 01, 2006 ... Finance Ministry, Ukrainian cos boost borrowings in 2005 KYIV. Feb 1 (Interfax) - Ukraine's Finance Ministry and Ukrainian companies and banks raised $4.89 billion on international markets through Eurobonds and unguaranteed credits in 2005, up 34% from the previous year. ...

Raiffeisenbank, Impexbank merger will be legally registered in 2007.

Feb 01, 2006 ... Raiffeisenbank, Impexbank merger will be legally registered in 2007 MOSCOW. Feb 1 (Interfax) - The merger of Raiffeisenbank-Austria and Impexbank will be legally registered in 2007, Johann Jonach, CEO of Raiffeisenbank-Austria, told reporters on Wednesday. The ...

Average weighted price of OFZ 25059 totals 99.4015% at auction.

Feb 01, 2006 ... Average weighted price of OFZ 25059 totals 99.4015% at auction MOSCOW. Feb 1 (Interfax) - The average weighted price for federal loan bond series OFZ-PD 25029 (maturing January 19, 2011) offered at an additional ...

WSR shareholders approve charter capital increase.

Feb 01, 2006 ... WSR shareholders approve charter capital increase STOCKHOLM. Feb 1 (Interfax) - West Siberian Resources Ltd's shareholders gathered in Stockholm on January 31 for an Extraordinary General Meeting (EGM) called by the board of directors. The purpose of the meeting was to vote on ...

CUT OFF PRICE OF OFZ 25060 AT AUCTION - 98.875% OF FACE VALUE.

Feb 01, 2006 ... CUT OFF PRICE OF OFZ 25060 AT AUCTION - 98.875% OF ...

Results for trading of listed shares in RTS at 17.00 MSK Part 2.

Feb 01, 2006 ... Results for trading of listed shares in RTS at 17.00 MSK Part 2 01.02.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal 11.94 12.1 12.0679 7 ...

Oil export duty to fall to $160.8 per tonne.

Feb 01, 2006 ... Oil export duty to fall to $160.8 per tonne MOSCOW. Feb 1 (Interfax) - The export duty on oil is to fall to $160.8 per tonne from February 1. The government press service said that Russian Prime Minister Mikhail Fradkov signed off on the corresponding resolution on ...

RTS Index at 13.00 MSK.

Feb 01, 2006 ... RTS Index at 13.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.02.2006 13:04:09 1325.10 8382.218473 31582034.62 01.02.2006 13:03:21 1325.16 8382.598017 - 01.02.2006 13:03:09 1325.16 8382.598017 - 01.02.2006 13:01:54 1325.22 8382.97756 - 01.02.2006 12:58:22 1325.49 ...

Banks have 340 bln rbs on CBR correspondent accounts on February 1.

Feb 01, 2006 ... Banks have 340 bln rbs on CBR correspondent accounts on February 1 MOSCOW. Feb 1 (Interfax) - Russian banks have 340 billion rubles on correspondent accounts in the Central Bank as of February 1, including 241.6 billion rubles for Moscow banks. The balance ...

BAK reduces coal sales 1.6% in 2005.

Feb 01, 2006 ... BAK reduces coal sales 1.6% in 2005 PAVLODAR. Feb 1 (Interfax-Kazakhstan) - Bogatyr Access Komir (BAK), a subsidiary of Access Industries Inc., reduced coal shipments 1.6% to 35.3 million tonnes in 2005, Dennis Price, the company's director, told a press conference. ...

Russia abolishes import duties on washing machine components.

Feb 01, 2006 ... Russia abolishes import duties on washing machine components MOSCOW. Feb 1 (Interfax) - Russia has permanently abolished import duties on washing machine components, the government's press service said. Prime Minister Mikhail ...

Armenian inflation at 3.6% in Jan.

Feb 01, 2006 ... Armenian inflation at 3.6% in Jan YEREVAN. Feb 1 (Interfax) - Armenia posted 3.6% inflation in January, the National Statistics Service told Interfax. Seasonal increases accounted for the growth in prices for some food products. ...

Rusal boosts revenue nearly 13% in 2005.

Feb 01, 2006 ... Rusal boosts revenue nearly 13% in 2005 MOSCOW. Feb 1 (Interfax) - Rusal boosted ...

Moscow press review for February 1, 2006.

Feb 01, 2006 ... Moscow press review for February 1, 2006 MOSCOW. Feb 1 (Interfax) - The following is a digest of Moscow newspapers published on February 1. Interfax does not accept liability for information in these stories. POLITICS & ECONOMICS President Vladimir Putin ...

Yukos to invest $610 mln in production in 2006.

Feb 01, 2006 ... Yukos to invest $610 mln in production in 2006 MOSCOW. Feb (Interfax) - Russian oil company Yukos (RTS: YUKO) plans to invest $610 million in oil production projects in 2006. The company said in a statement that most of this will be used to finance production drilling ...

Kazakhmys reduces refined copper output 7.3% in 2005.

Feb 01, 2006 ... Kazakhmys reduces refined copper output 7.3% in 2005 ASTANA. Feb 1 (Interfax) - Kazakhmys Corporation, a major copper producer from Kazakhstan, reduced refined copper production 7.3% in 2005 to 396,600 tonnes, the corporation said on its web-site. Crude ore production ...

Quotations for Russian Minfin bonds (at 17:30).

Feb 01, 2006 ... Quotations for Russian Minfin bonds (at 17:30) 01/02/2006 Buying and Selling prices in % on Par Dealer 5 tranche 6 tranche 7 tranche 8 tranche Alfa bank 95.063 99.41 89.938 97.13 95.375 99.48 90.188 97.38 Bank of Moscow 95.07 99.39 89.96 97.13 ...

Results of forex trading on MICEX on 01.02.2006.

Feb 01, 2006 ... Results of forex trading on MICEX on 01.02.2006 Instrument Min. Max. Closing Average Volume, Quan- price price price price $ tity USDTOM_UTS 28.0899 28.1594 28.1476 ...

RTS Index at 15.00 MSK.

Feb 01, 2006 ... RTS Index at 15.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.02.2006 15:03:46 1325.72 8386.140423 38908379.31 01.02.2006 15:03:16 1325.84 8386.89951 - 01.02.2006 15:03:03 1325.89 8387.215796 - 01.02.2006 15:01:04 1326.19 8389.113514 - 01.02.2006 15:00:27 1326.25 ...

Results for trading of listed shares in RTS at 11.00 MSK Part 1.

Feb 01, 2006 ... Results for trading of listed shares in RTS at 11.00 MSK Part 1 01.02.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1070.0 1290.0 - - - Aeroflot 1.58 1.615 - - - PAVA 0.75 1.15 - - - Pharmacy Chain 36.6 32.0 ...

Evraz to modernize VGOK iron ore mine.

Feb 01, 2006 ... Evraz to modernize VGOK iron ore mine MOSCOW. Feb 1 (Interfax) - Evraz Group plans to modernize equipment in 2006 at the Goroblagodatsky mine at its Vysokogorsky Mining and Concentrating Complex (VGOK), the steelmaker and iron producer said in a joint press release. ...

Russia could reduce gold production 2 tonnes in 2006 (Part 3).

Feb 01, 2006 ... Russia could reduce gold production 2 tonnes in 2006 (Part 3) MOSCOW. Feb 1 (Interfax) - Russia could reduce gold production 2 tonnes to 166 tonnes in 2006, Valery Braiko, head of the Gold Producers' Union, said at a gold industry conference in Moscow. The Union ...

Severstal reduces metalware sales 1.2% in 2005.

Feb 01, 2006 ... Severstal reduces metalware sales 1.2% in 2005 MOSCOW. Feb 1 (Interfax) - Severstal-Metiz, reduced sales 1.2% to 825,410 tonnes in 2005, The Severstal (RTS: CHMF) Group's metalware division said in a press release. Exports were level with 2004 at 198,120 tonnes, the ...

RTS Index at 16.00 MSK.

Feb 01, 2006 ... RTS Index at 16.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.02.2006 16:03:43 1328.09 8401.132391 48895944.31 01.02.2006 16:03:22 1327.74 8398.918388 - 01.02.2006 16:02:32 1327.60 8398.032786 - 01.02.2006 16:02:07 1327.39 8396.704384 - 01.02.2006 16:01:48 1326.84 ...