Russia & CIS Business and Financial Newswire back issues from March 2006:
Sakhaneftegaz to elect new board.
Mar 01, 2006 ... Sakhaneftegaz to elect new board YAKUTSK. March 1 (Interfax) - Shareholders in Sakhaneftegaz (RTS: SANG), an oil and gas producer from Yakutia recently taken over by Alrosa (RTS: ALRS), Russia's locally based diamond monopoly, will elect a new board of ...
Ukraine revises GDP growth from 2.4% to 2.6%.
Mar 01, 2006 ... Ukraine revises GDP growth from 2.4% to 2.6% KYIV. Feb 28 (Interfax-Ukraine) - The Ukrainian State Statistics Committee has increased its indicator for real growth in GDP in 2005 from 2.4% to 2.6%. A source in the committee told Interfax that nominal GDP in 2005 ...
Hungarian, Russian firms ink nuclear plant modernization deal.
Mar 01, 2006 ... Hungarian, Russian firms ink nuclear plant modernization deal MOSCOW. March 1 (Interfax) - The Hungarian company MVM Rt and Russia's Atomstroyexport and Integrated Energy Systems Holding (IES) agreed to cooperate on reconstructing the Paks nuclear power plant in Hungary, the ...
Chevron expects not more than 25% in Shtokman (part 2).
Mar 01, 2006 ... Chevron expects not more than 25% in Shtokman (part 2) MOSCOW. March 1 (Interfax) - U.S. oil and gas company Chevron would like to receive as large a stake as possible in the Shtokman project, but it expects a stake of not more than 25%, Chevron Neftegaz President Trem Smith ...
Lukoil proposes to FFMS, LSE to simplify disclosure requirements.
Mar 01, 2006 ... Lukoil proposes to FFMS, LSE to simplify disclosure requirements MOSCOW. March 1 (Interfax) - Russian oil major Lukoil (RTS: LKOH) is constantly carrying out work with the Federal Financial Markets Service and the London Stock Exchange(LSE) to simplify information disclosure ...
SAP boosts revenue in CIS 32.5%.
Mar 01, 2006 ... SAP boosts revenue in CIS 32.5% MOSCOW. March 1 (Interfax) - SAP of Germany, one of the world's leading providers of business software solutions, increased revenue in the CIS 32.5% in 2005 to 126.5 million euros. Revenue from software sales totaled 63.3 million euros, ...
VTB could open branch or buy bank in Azerbaijan.
Mar 01, 2006 ... VTB could open branch or buy bank in Azerbaijan MOSCOW. Mar 1 (Interfax) - Vneshtorgbank (VTB) (RTS: VTBR) is planning to decide on a plan soon to open a branch or acquire a bank in Azerbaijan, Andrei Kostin, the bank's chairman, said at a press conference on Wednesday. ...
RTS Index at 14.00 MSK.
Mar 01, 2006 ... RTS Index at 14.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.03.2006 14:04:44 1464.51 9260.992166 37839089.13 01.03.2006 14:04:20 1464.51 9260.992166 - 01.03.2006 14:03:55 1464.54 9261.181874 - 01.03.2006 14:01:15 1464.54 9261.181874 - 01.03.2006 13:58:50 1464.54 ...
Petrocommerce to issue Eurobonds under $750-mln EMTN.
Mar 01, 2006 ... Petrocommerce to issue Eurobonds under $750-mln EMTN MOSCOW. March 1 (Interfax) - Bank Petrocommerce (RTS: PETR) is preparing to issue Eurobonds under a $750-million euro medium term notes (EMTN) program, the bank said in a memorandum for investors. Credit Suisse ...
VTB to submit IPO papers to govt in April (Part 2).
Mar 01, 2006 ... VTB to submit IPO papers to govt in April (Part 2) MOSCOW. March 1 (Interfax) - Vneshtorgbank (RTS: VTBR) plans to submit the documents needed for a planned IPO to the government in April, Andrei Kostin, the bank's chairman, told a press conference. "We are acting at ...
Results for trading of listed shares in RTS at 17.00 MSK Part 2.
Mar 01, 2006 ... Results for trading of listed shares in RTS at 17.00 MSK Part 2 01.03.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot 1.9 1.93 1.92 2 PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal 12.9 13.0 12.9622 5 ...
UMMC's Uralelektromed sustains copper cathode output in Jan.
Mar 01, 2006 ... UMMC's Uralelektromed sustains copper cathode output in Jan YEKATERINBURG. March 1 (Interfax) - Uralelektromed, the flagship enterprise of No. 2 Russian copper producer Urals Mining and Metallurgical Company (UMMC), produced 30,553 tonnes of copper cathodes in January, as much ...
Yuzhnaya Coal Co. might secure new property in Kuznetsk basin.
Mar 01, 2006 ... Yuzhnaya Coal Co. might secure new property in Kuznetsk basin KEMEROVO. March 1 (Interfax) - The February 28 tender for the rights to the Mrassky section of the Sibirginskoye and Tomskoye hard coal deposits in the Kemerovo region has been declared invalid as one of the two ...
S&P Raises Neftepolis rating to 'B'.
Mar 01, 2006 ... S&P Raises Neftepolis rating to 'B' LONDON. Mar 1 (Interfax) - Standard & Poor's Ratings Services raised its long-term counterparty credit and insurer financial strength ratings on Russia-based insurer Neftepolis Insurance Co. LLC to 'B' from 'B-', and its Russia national scale ...
Azovstal confirms compliance with EU standards.
Mar 01, 2006 ... Azovstal confirms compliance with EU standards KYIV. March 1 (Interfax) - Azovstal, one of Ukraine's top three steelmakers, has confirmed that the quality of its steel sheet complies with the European standards EN 10025-2, EN 10025-3 and EN 10025-4, and received a corresponding ...
Ford may increase capacity in Russia to 72,000 cars per year.
Mar 01, 2006 ... Ford may increase capacity in Russia to 72,000 cars per year MOSCOW. March 1 (Interfax) - Ford Motor Company has not ruled out the possibility that it may pass a decision before the end of 2006 on increasing production capacity at its Leningrad region plant to 72,000 cars per ...
TNK-BP to issue Eurobonds this year.
Mar 01, 2006 ... TNK-BP to issue Eurobonds this year MOSCOW. March 1 (Interfax) - Russian-British TNK(RTS: TNKO)-BP plans to issue Eurobonds this year, TNK-BP ...
CB to place additional OFZ on Mar 3.
Mar 01, 2006 ... CB to place additional OFZ on Mar 3 MOSCOW. Mar 1 (Interfax) - The Central Bank of Russia will hold an auction on March 3 to place 10-billion rubles at face value of an additional issue of federal loan bonds OFZ-AD ...
RTS Index at 17.00 MSK.
Mar 01, 2006 ... RTS Index at 17.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.03.2006 17:04:41 1440.89 9111.628464 78919567.09 01.03.2006 17:03:55 1441.16 9113.335839 - 01.03.2006 17:02:32 1441.27 9114.031436 - 01.03.2006 17:01:32 1441.54 9115.738811 - 01.03.2006 17:00:59 1441.82 ...
Official exchange rates for CIS and Baltic Nations as of March 1.
Mar 01, 2006 ... Official exchange rates for CIS and Baltic Nations as of March 1 Country Currency For $1 For 1 ruble For 1 euro Azerbaijan (manat) 0,9128 0,0326 1,0896 Armenia (dram) 450,60 16,02 535,09 Georgia* (lari) 1,8300 0,0651 2,1757 Belarus (bel.ruble) 2151,00 76,49 2552,38 Kazakhstan ...
OGC-2 shares will start trading on RTS, MICEX in July.
Mar 01, 2006 ... OGC-2 shares will start trading on RTS, MICEX in July MOSCOW. March 1 (Interfax) - Shares in the No. 2 Wholesale Generating Company (OGC-2) will start trading on the Russian Trading System (RTS) and the Moscow Interbank Currency Exchange (MICEX) in July 2006, the company's press ...
Hydrogenco agrees 3-bln loan deal with Morgan Stanley (Part 2).
Mar 01, 2006 ... Hydrogenco agrees 3-bln loan deal with Morgan Stanley (Part 2) MOSCOW. March 1 (Interfax) - OJSC GidroOGK - the hydro-generating company (hydrogenco) set up as the result of electricity reforms - has reached agreement with the Morgan Stanley investment bank on a 3-billion ruble, ...
Promuglesbyt co wins rights to Kolmogorovsky-Yuzhny coal block.
Mar 01, 2006 ... Promuglesbyt co wins rights to Kolmogorovsky-Yuzhny coal block KEMEROVO. March 1 (Interfax) - Kolmogorovskaya-2 Mine, a subsidiary of Moscow's Promuglesbyt, won the February 28 auction for the Kolmogorovsky-Yuzhny section of the Yegozovo-Krasnoyarskoye coal deposit in the ...
RTS Index at 15.00 MSK.
Mar 01, 2006 ... RTS Index at 15.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.03.2006 15:04:00 1448.34 9158.739369 50555567.13 01.03.2006 15:03:41 1448.07 9157.031994 - 01.03.2006 15:02:47 1448.07 9157.031994 - 01.03.2006 15:01:52 1448.40 9159.118786 - 01.03.2006 15:01:29 1448.49 ...
Banks have 309 bln rbs on CBR correspondent accounts on March 1.
Mar 01, 2006 ... Banks have 309 bln rbs on CBR correspondent accounts on March 1 MOSCOW. March 1 (Interfax) - Russian banks have 309 billion rubles on correspondent accounts in the Central Bank as of March 1, including 213.8 billion rubles for Moscow banks. The balance ...
Ukrgaz-Energo may receive license on March 9.
Mar 01, 2006 ... Ukrgaz-Energo may receive license on March 9 KYIV. March 1 (Interfax-Ukraine) - A license to supply natural gas to Ukrainian consumers may be granted to Ukrgaz-Energo on March 9. The company has submitted all the necessary documents, including a credit agreement with ...
Chrome producer Polema boosts output 79% in 2005.
Mar 01, 2006 ... Chrome producer Polema boosts output 79% in 2005 MOSCOW. March 1 (Interfax) - Polema, a division of the Industrial Metallurgical Holding that is Russia's biggest producer of refined chrome, increased production of chrome, Ni-Cr alloy, molybdenum and tungsten by 79% in 2005, the ...
Ukhta refinery to add second loading complex in Q3.
Mar 01, 2006 ... Ukhta refinery to add second loading complex in Q3 MOSCOW. March 1 (Interfax) - Lukoil-Ukhtaneftepererabotka, the Ukhta oil refinery, plans to launch the second phase of a railroad oil and petroleum product loading complex in Ukhta in the third quarter of this year, a company ...
Govt commission approves adjusted financial plan for 2006-2008 (Part 2).
Mar 01, 2006 ... Govt commission approves adjusted financial plan for 2006-2008 (Part 2) MOSCOW. March 1 (Interfax) - A government commission approved the adjusted financial plan for 2006-2008 at a meeting on Wednesday, the government said in a statement posted on its website. The ...
Results of forex trading on MICEX on 01.03.2006.
Mar 01, 2006 ... Results of forex trading on MICEX on 01.03.2006 Instrument Min. Max. Closing Average Volume, Quan- price price price price $ tity USDTOM_UTS 28 28.041 28.006 ...
Russia to increase national project spending by almost 40 bln rubles a year over 2 yrs.
Mar 01, 2006 ... Russia to increase national project spending by almost 40 bln rubles a year over 2 yrs MOSCOW. March 1 (Interfax) - Russia will increase spending on priority national projects by 36.6 billion rubles in 2007 and by 38.3 billion rubles in 2008. A government commission ...
Russian classical insurance growing faster than market.
Mar 01, 2006 ... Russian classical insurance growing faster than market MOSCOW. March 1 (Interfax) - The growth rate of Russian classical insurance is increasing faster than the entire market, which is seen by the fact that schemed-based insurance is gradually disappearing, Rosgosstrakh (RTS: ...
Sistema Mass Media buys UCN.
Mar 01, 2006 ... Sistema Mass Media buys UCN MOSCOW. March 1 (Interfax) - OAO Sistema Mass media (SMM) has bought Russian cable TV operator United Cable Network (UCN) from the U.S. company JIR Broadcast Inc., according to an SMM statement published on the London Stock Exchange. The ...
WBD invests over $6 mln in mineral water production in 2005.
Mar 01, 2006 ... WBD invests over $6 mln in mineral water production in 2005 MOSCOW. March 1 (Interfax) - Wimm-Bill-Dann Food Products (RTS: WBDF) increased investment in mineral water production in Russia to $6.1 million in 2005 from $1.6 million in 2004, the company said in its quarterly ...
Results for trading of listed shares in RTS at 13.00 MSK Part 2.
Mar 01, 2006 ... Results for trading of listed shares in RTS at 13.00 MSK Part 2 01.03.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot 1.9 1.93 1.92 2 PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal 12.9 13.0 12.9622 5 ...
Telecommunications Watchdog to issue long-distance licenses to MTS, Comstar, Svyaztransneft.
Mar 01, 2006 ... Telecommunications Watchdog to issue long-distance licenses to MTS, Comstar, Svyaztransneft MOSCOW. Mar 1 (Interfax) - The Russian Telecommunications Watchdog (Rossvyaznadzor) will issue licenses to provide long-distance and international communication services to Mobile ...
Russian communications minister signs number of documents on bilateral cooperation.
Mar 01, 2006 ... Russian communications minister signs number of documents on bilateral cooperation BUDAPEST. Mar 1 (Interfax) - Russia's Information Technologies & Communications Minister Leonid Reyman and Hungary's Economics & Transportation Minister Janos Koka signed a number of documents on ...
Results for trading of listed shares in RTS at 17.00 MSK Part 1.
Mar 01, 2006 ... Results for trading of listed shares in RTS at 17.00 MSK Part 1 01.03.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1100.0 1250.0 - - - Aeroflot 1.9 1.99 1.93 57600 30000 PAVA 0.78 0.92 - - - Pharmacy Chain ...
Govt commission approves adjusted financial plan for 2006-2008.
Mar 01, 2006 ... Govt commission approves adjusted financial plan for 2006-2008 MOSCOW. Mar 1 (Interfax) - A government commission approved the adjusted financial plan for 2006-2008 at a meeting on Wednesday, the government said in a statement posted ...
JV set up in Ukraine to sell Isuzu cars in CIS.
Mar 01, 2006 ... JV set up in Ukraine to sell Isuzu cars in CIS KYIV. March 1 (Interfax) - The Bogdan Corporation, part of the Ukrprominvest group of companies, and Japan's Isuzu Motors Ltd. and Sojitz Holdings Corp, signed a trilateral contract to set up the joint venture Isuzu Ukraine ...
OGC-1 plans to boost gross profit 5.3% in 2007-2008.
Mar 01, 2006 ... OGC-1 plans to boost gross profit 5.3% in 2007-2008 YEKATERINBURG. Mar 1 (Interfax) - The No. 1 Wholesale Generating Company (OGC-1) is planning to increase gross profit 5.3% from the plan for 2006 to 1.324 billion rubles in 2008, the company's press service told Interfax. ...
RTS Index at 12.00 MSK.
Mar 01, 2006 ... RTS Index at 12.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.03.2006 12:03:44 1455.79 9205.850274 22170983.9 01.03.2006 12:02:10 1455.78 9205.787038 - 01.03.2006 12:01:46 1455.64 9204.901732 - 01.03.2006 12:01:06 1455.50 9204.016427 - 01.03.2006 12:00:20 1455.23 ...
Minorities nominate just 6 candidates for UES board.
Mar 01, 2006 ... Minorities nominate just 6 candidates for UES board MOSCOW. March 1 (Interfax) - Minority shareholders have nominated just six candidates for election to the board of directors at Unified Energy System (UES) (RTS: EESR) at the ...
Ufaleinikel to boost nickel, cobalt output in 2006.
Mar 01, 2006 ... Ufaleinikel to boost nickel, cobalt output in 2006 CHELYABINSK. March 1 (Interfax) - The Ufaleinikel nickel smelter in the Chelyabinsk region plans to raise nickel output 18%-27% to 13,000- 14,000 tonnes and cobalt 21.7% to 2,800 tonnes in 2006, the company said in its ...
Neste Oil interested in Mazeikiu Nafta shares.
Mar 01, 2006 ... Neste Oil interested in Mazeikiu Nafta shares VILNIUS. March 1 (Interfax-BNS) - Finland's Neste Oil is interested in holding talks with the Lithuanian government and with Russian oil company Yukos (RTS: YUKO) regarding the sale of shares in Lithuanian oil concern Mazeikiu Nafta, ...
VTB's RAS assets grow to 635 bln rubles in 2005.
Mar 01, 2006 ... VTB's RAS assets grow to 635 bln rubles in 2005 MOSCOW. March 1 (Interfax) - Vneshtorgbank (VTB) (RTS: VTBR) boosted its assets audited to Russian Accounting Standards (RAS) to 635 billion rubles ...
Russian budget revenues to top target by 560Bln rubles in 2006 - forecast.
Mar 01, 2006 ... Russian budget revenues to top target by 560Bln rubles in 2006 - forecast MOSCOW. March 1 (Interfax) - Russian federal budget revenues are expected to reach 5.606 trillion rubles in 2006, which is 560.1 billion rubles more ...
Minorities nominate just 6 candidates for UES board (Part 2).
Mar 01, 2006 ... Minorities nominate just 6 candidates for UES board (Part 2) MOSCOW. March 1 (Interfax) - Minority shareholders have nominated just six candidates for election to the board of directors at Unified Energy System (UES) (RTS: EESR) at the electricity monopoly's AGM - compared with ...
RTS Index at 16.00 MSK.
Mar 01, 2006 ... RTS Index at 16.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.03.2006 16:03:55 1437.14 9087.914921 60043899.89 01.03.2006 16:03:43 1437.79 9092.025268 - 01.03.2006 16:02:53 1437.87 9092.531157 - 01.03.2006 16:02:45 1437.91 9092.784102 - 01.03.2006 16:02:43 1437.91 ...
Govt to discuss ways of investing Stabilization Fund at end of March.
Mar 01, 2006 ... Govt to discuss ways of investing Stabilization Fund at end of March MOSCOW. March 1 (Interfax) - A draft bill on investing money from the Stabilization Fund should be submitted to the Russian government once the Economic Development and Trade Ministry finishes work on it ...
Verysell planning to raise $20 mln loan.
Mar 01, 2006 ... Verysell planning to raise $20 mln loan MOSCOW. March 1 (Interfax) - Verysell, a Russian IT consulting and system integration company, is planning to raise a loan in 2006, Mikhail Krasnov, the company's president, said at a conference on Russia's economic and investment climate ...
Moscow press review for March 1, 2006 (Update).
Mar 01, 2006 ... Moscow press review for March 1, 2006 (Update) MOSCOW. March 1 (Interfax) - The following is a digest of Moscow newspapers published on March 1. Interfax does not accept liability for information in these stories. POLITICS & ECONOMICS Chechnya's ...
VTB to issue 3-year bonds in March (Part 2).
Mar 01, 2006 ... VTB to issue 3-year bonds in March (Part 2) MOSCOW. March 1 (Interfax) - Russia's Vneshtorgbank (RTS: VTBR) plans to issue up to 15 billion rubles in three-year bonds in ...
Oil export duty to be record $186.4 per tonne from April 1.
Mar 01, 2006 ... Oil export duty to be record $186.4 per tonne from April 1 MOSCOW. March 1 (Interfax) - The export duty on oil will be a record $186.4 per tonne from April 1, Alexander Sakovich, deputy director of the customs department at the Russian Finance Ministry, told Interfax. ...
Moscow interbank bid, offered & actual rate.
Mar 01, 2006 ... Moscow interbank bid, offered & actual rate 01.03.2006 Rate/term overnight 1 week 1 month 3 months 6 months 1 year MIBID 3.61 2.93 3.50 4.43 5.12 6.19 - (0.38) (-0.23) (-0.06) (-0.03) (-0.03) (0.00) MIBOR 5.21 4.60 5.04 6.48 7.42 8.31 ...
Govt may review foreign strategic access law March 9.
Mar 01, 2006 ... Govt may review foreign strategic access law March 9 MOSCOW. March 1 (Interfax) - The Russian government at a meeting on March 9 may consider a draft law on access by foreigners to strategic sectors of the Russian economy, Arkady Dvorkovich, head of the president's expert ...
RTS Index at 11.00 MSK.
Mar 01, 2006 ... RTS Index at 11.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.03.2006 11:04:46 1451.53 9178.911689 6758100 01.03.2006 11:04:44 1451.53 9178.911689 - 01.03.2006 11:04:42 1451.53 9178.911689 - 01.03.2006 11:04:20 1451.43 9178.279328 - 01.03.2006 11:04:06 1451.17 ...
Gazprom launches Zambrow station on Yamal-Europe pipe.
Mar 01, 2006 ... Gazprom launches Zambrow station on Yamal-Europe pipe MOSCOW. March 1 (Interfax) - Russian gas giant OAO Gazprom (RTS: GAZP) has launched the Zambrow compressor station on the Polish section of the Yamal-Europe gas pipeline. The Russian company said in a statement ...
Comstar-UTS joins major network operator register.
Mar 01, 2006 ... Comstar-UTS joins major network operator register MOSCOW. March 1 (Interfax) - Comstar-United TeleSystems (Comstar-UTS) has been included in a register of major telecom network operators, Rossvayznadzor, the telecoms watchdog, said in a press release. A ...
Problem of energy security affects everyone - Putin.
Mar 01, 2006 ... Problem of energy security affects everyone - Putin MOSCOW. March 1 (Interfax) - The problem of energy security does not only affect the most developed industrial countries, Russian President Vladimir Putin said. "When we talk about the problems of energy security, we ...
Neste Oil interested in Mazeikiu Nafta shares (part 2).
Mar 01, 2006 ... Neste Oil interested in Mazeikiu Nafta shares (part 2) VILNIUS. March 1 (Interfax-BNS) - Finland's Neste Oil is interested in holding talks with the Lithuanian government and with Russian oil company Yukos (RTS: YUKO) regarding the sale of shares in Lithuanian oil concern ...
Daily Headline News for March 1, 2006.
Mar 01, 2006 ... Daily Headline News for March 1, 2006 The following is a digest of headline news as of 5:30 p.m. on March 1, 2006: TRADE, ECONOMY, GAS PRIORITIES OF PUTIN'S CZECH TALKS - PRIKHODKO Russian-Czech ties in the economic and gas sectors are to be the priorities of Russian ...
Japan's Aioi insurance co. could open subsidiary in Russia.
Mar 01, 2006 ... Japan's Aioi insurance co. could open subsidiary in Russia MOSCOW. Mar 1 (Interfax) - Japan's Aioi Insurance Company is thinking about opening a subsidiary in Russia, Ilya Smirnov, deputy head of Aioi's Moscow representation, told Interfax. "The Japanese company ...
Oil export duty to be record $186.4 per tonne from April 1 (part 2).
Mar 01, 2006 ... Oil export duty to be record $186.4 per tonne from April 1 (part 2) MOSCOW. March 1 (Interfax) - The export duty on oil will be a record $186.4 per tonne from April 1, Alexander Sakovich, deputy director of the customs department at the Russian Finance Ministry, told Interfax. ...
VTB Group assets worth $35 bln at end 2005.
Mar 01, 2006 ... VTB Group assets worth $35 bln at end 2005 MOSCOW. March 1 (Interfax) - The Vneshtorgbank (VTB) (RTS: VTBR) Group had assets worth $35 billion audited to International Accounting Standards (IAS) at the end of 2005, the bank said in a press release. ...