Russia & CIS Business and Financial Newswire back issues from June 2006:
Amtel-Vredestein may waive dividends for 2005.
Jun 01, 2006 ... Amtel-Vredestein may waive dividends for 2005 MOSCOW. June 1 (Interfax) - The Amtel-Vredestein N.V. board has recommended shareholders vote to waive 2005 dividends due to losses, the company's annual audited report, which was published Thursday, says. Shareholders ...
Seimas approves Mazeikiu Nafta deal with Poland's PKN Orlen (Part 2).
Jun 01, 2006 ... Seimas approves Mazeikiu Nafta deal with Poland's PKN Orlen (Part 2) VILNIUS. June 1 (Interfax) - The Lithuanian Seimas approved on Thursday a set of agreements with Poland's PKN Orlen concerning the Mazeikiu Nafta Oil Holding. "Ninety-seven deputies supported the ...
Russian-U.S. JV to invest $90 mln in timber plant.
Jun 01, 2006 ... Russian-U.S. JV to invest $90 mln in timber plant IRKUTSK. June 1 (Interfax) - Russian-U.S. joint venture Midway United Limited plans to invest $90 million in the construction of a timber processing plant in Irkutsk, MS Management General Director Andrei Mirskiy said at a ...
CB to quote ruble at 27.0474 rubles/$1 and 34.5368 rubles/EUR1 on June 2.
Jun 01, 2006 ... CB to quote ruble at 27.0474 rubles/$1 and 34.5368 rubles/EUR1 on June 2 MOSCOW. June 1 (Interfax) - The Central Bank of Russia will quote the U.S. dollar 27.0474 rubles/$1 on June 2, 0.41% up from the previous exchange ...
Ukrtelecom Q1 net profit drops 82%.
Jun 01, 2006 ... Ukrtelecom Q1 net profit drops 82% KYIV. June 1 (Interfax) - Ukrainian cellular operator Ukrtelecom net profit dropped 82% year-on-year to 29 million hryvni in the first quarter of 2006, the company said in a press ...
CB revokes Petrovka Bank license.
Jun 01, 2006 ... CB revokes Petrovka Bank license MOSCOW. June 1 (Interfax) - The Central Bank of ...
Foreign bank branches contradict strategic interests of banking system - CB (Part 2).
Jun 01, 2006 ... Foreign bank branches contradict strategic interests of banking system - CB (Part 2) MOSCOW. June 1 (Interfax) - Allowing foreign banks to open branches in Russia contradicts the strategic interests of developing the Russian banking system, First Deputy Central Bank Chairman ...
Russia posts Q1 federal budget surplus of 575.9 bln rubles.
Jun 01, 2006 ... Russia posts Q1 federal budget surplus of 575.9 bln rubles MOSCOW. June 1 (Interfax) - Russia had a federal budget surplus of 575.9 billion rubles in the first quarter of 2006, the Federal State Statistics Service (Rosstat) said. The surplus was 525.3 billion rubles ...
Core sector grows 6.5% in April - Rosstat.
Jun 01, 2006 ... Core sector grows 6.5% in April - Rosstat MOSCOW. June 1 (Interfax) - Russia's core sector grew 5.2% year- on-year in the first four months of 2006, the Federal State Statistics Service (Rosstat) said on Thursday. Output in the five core sectors, which are industry, ...
RTS resumes trading in Rostelecom preferreds.
Jun 01, 2006 ... RTS resumes trading in Rostelecom preferreds MOSCOW. June 1 (Interfax) - The Russian Trading System (RTS) resumed trading in Rostelecom (RTS: RTKM) preferred ...
Results for trading of listed shares in RTS at 15.00 MSK Part 1.
Jun 01, 2006 ... Results for trading of listed shares in RTS at 15.00 MSK Part 1 01.06.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 950.0 1200.0 - - - Aeroflot 1.3 1.95 - - - AG Asset Management 83700.0 85700.0 - - - PAVA 0.5 ...
Sberbank's capitalization more than doubles in year (Part 4).
Jun 01, 2006 ... Sberbank's capitalization more than doubles in year (Part 4) NOVO-OGAREVO. June 1 (Interfax) - Sberbank's (RTS: SBER) capitalization has more than doubled in the past last year, Andrei Kuzmin, the bank's chairman, said at a meeting with Russian President Vladimir Putin. ...
OBR-2 auction not held.
Jun 01, 2006 ... OBR-2 auction not held MOSCOW. June 1 (Interfax) - An auction to place 10 billion rubles at face value of series 04002 Bank of Russia (OBR) Bonds with mandatory buyback on September 15, 2006 did not take place as planned on Thursday, the Central Bank told Interfax. ...
Siberian Energy may spend $20 mln on new assets.
Jun 01, 2006 ... Siberian Energy may spend $20 mln on new assets PARIS. June 1 (Interfax) - Siberian Energy Group, Inc., a New York based oil and gas exploration company with assets in West Siberia, could spend between $3 million and $20 million on new upstream assets in the region, Tim Peara, ...
Quotations for Russian Minfin bonds (at 17:30).
Jun 01, 2006 ... Quotations for Russian Minfin bonds (at 17:30) 01/06/2006 Bid and Ask Prices in % on Par Dealer 5 tranche 7 tranche 8 tranche Aton 94.5 86.75 97.31 94.75 87.38 97.63 Bank of Moscow 94.5 86.75 97.313 94.75 87 97.688 Vneshtorgbank 94.5 ...
Project International to build EUR 123 mln plant in Krasnodar territory.
Jun 01, 2006 ... Project International to build EUR 123 mln plant in Krasnodar territory KRASNODAR. June 1 (Interfax) - The administration of Abinsk district in Krasnodar territory and Italy's Project International signed an agreement last week to build a EUR 123 million woodworking plant. ...
Total planned investment in Russian industrial assembly projects around $1.8 bln.
Jun 01, 2006 ... Total planned investment in Russian industrial assembly projects around $1.8 bln MOSCOW. June 1 (Interfax) - Total planned investment in industrial assembly projects in Russia's auto industry should be approximately $1.8 billion, Industry and Energy Minister Victor Khristenko ...
EBRD investment in Ukraine could exceed EUR 550 mln in 2006.
Jun 01, 2006 ... EBRD investment in Ukraine could exceed EUR 550 mln in 2006 KYIV. June 1 (Interfax) - European Bank for Reconstruction and Development (EBRD) investment in the Ukrainian economy could exceed EUR 550 million in 2006, Kamen Zakhariev, EBRD director in Kyiv, told Interfax. ...
Russian economy will be knowledge-based in future - official.
Jun 01, 2006 ... Russian economy will be knowledge-based in future - official MOSCOW. June 1 (Interfax) - Russia's economy should be based on knowledge rather than raw materials in the future, presidential aide and G8 sherpa Igor Shuvalov said at a Moscow meeting of G8 education ministers on ...
Novolipetsk Steel expects consolidated revenue to grow 8%-9% in 2006 (Part 2).
Jun 01, 2006 ... Novolipetsk Steel expects consolidated revenue to grow 8%-9% in 2006 (Part 2) MOSCOW. June 1 (Interfax) - Novolipetsk Steel (NLMK) expects its consolidated revenue to grow 8%-9% in 2006, Vladimir Nastich, the steel company's general director, told reporters at a metallurgical ...
Quotations for Russian Eurobonds.
Jun 01, 2006 ... Quotations for Russian Eurobonds 01.06.06 Dealer 26.06.07 31.03.10 24.07.18 24.06.28 31.03.30 Alfa bank - 104.375 138.500 169.000 106.562 - 104.625 138.750 169.875 106.625 Aton 104.130 104.380 138.500 169.000 106.500 ...
Stock market consolidating around 1450.
Jun 01, 2006 ... Stock market consolidating around 1450 MOSCOW. June 1 (Interfax) - The Russian stock market is consolidating around 1,450 points on the benchmark RTS stock market index Thursday afternoon on a lack of ideas amid mixed foreign news. Gazprom (RTS: GAZP) is posting gains ...
Inprom to reinvest 2005 profit.
Jun 01, 2006 ... Inprom to reinvest 2005 profit ROSTOV. June 1 (Interfax) - Shareholders of AO Inprom, a Taganrog- based metals trader, voted at their annual general meeting on Wednesday to reinvest last year's net profit in the company's business and the formation of a reserve fund, a source at ...
TMK to up pipe production 3% in 2006.
Jun 01, 2006 ... TMK to up pipe production 3% in 2006 MOSCOW. June 1 (Interfax) - Pipe Metallurgical Company (TMK) plans to increase pipe production at its Russian enterprises 3% this year to 1.8 million tonnes, Sergei Bilan, the No. 1 Russian pipe producer's deputy general director, told ...
Results for trading of listed shares in RTS at 13.00 MSK Part 1.
Jun 01, 2006 ... Results for trading of listed shares in RTS at 13.00 MSK Part 1 01.06.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 950.0 1200.0 - - - Aeroflot 1.3 1.95 - - - AG Asset Management 83700.0 85700.0 - - - PAVA 0.5 ...
Ericsson to supply 3G mobile systems to Ukrtelecom.
Jun 01, 2006 ... Ericsson to supply 3G mobile systems to Ukrtelecom KYIV. June 1 (Interfax) - Ericsson will supply Ukrainian cellular operator Ukrtelecom with multi-functional 3G WCDMA standard mobile systems, Carl-Henric Svanberg, Ericsson president and chief manager, said at a press conference ...
RTS Index at 14.00 MSK.
Jun 01, 2006 ... RTS Index at 14.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.06.2006 13:44:46 1458.36 8833.293407 25490171.14 01.06.2006 13:40:38 1458.17 8832.142576 - 01.06.2006 13:35:31 1458.17 8832.142576 - 01.06.2006 13:35:16 1459.48 8840.077252 - 01.06.2006 13:32:42 1459.60 ...
Results for trading of listed shares in RTS at 13.00 MSK Part 2.
Jun 01, 2006 ... Results for trading of listed shares in RTS at 13.00 MSK Part 2 01.06.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - AG Asset Management - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal - ...
Sberbank's capitalization more than doubles in year.
Jun 01, 2006 ... Sberbank's capitalization more than doubles in year NOVO-OGAREVO. June 1 (Interfax) - Sberbank's (RTS: SBER) capitalization has more than doubled in the past last year, Andrei Kuzmin, ...
Banks have 452 bln rbs on CBR correspondent accounts on June 1.
Jun 01, 2006 ... Banks have 452 bln rbs on CBR correspondent accounts on June 1 MOSCOW. June 1 (Interfax) - Russian banks have 452 billion rubles on correspondent accounts in the Central Bank as of June 1, including 330.6 billion rubles for Moscow banks. The balance ...
New managing director named at Estar's Zlatoust steel plant.
Jun 01, 2006 ... New managing director named at Estar's Zlatoust steel plant CHELYABINSK. June 1 (Interfax) - The Zlatoust Metallurgical Plant's production director, Alexander Rybkin has been promoted to managing director effective June 1, the Estar Management Company, ...
MMK-Metiz appoints director.
Jun 01, 2006 ... MMK-Metiz appoints director CHELYABINSK. June 1 (Interfax) - The board of directors of MMK-Metiz Magnitogorsk Metalware-Calibrating Plant decided to create a chief executive body at the company and appoint Alexei Nosov to the position of director effective June 1, the company ...
Ukreximbank to raise $150 mln from World Bank for export credits.
Jun 01, 2006 ... Ukreximbank to raise $150 mln from World Bank for export credits KYIV. June 1 (Interfax) - The State Export and Import Bank of Ukraine (Ukreximbank) plans to sign an agreement with the World Bank in June to raise a $150 million loan, Viktor Kapustin, the bank's CEO, said at a ...
Sberbank's capitalization more than doubles in year (Part 2).
Jun 01, 2006 ... Sberbank's capitalization more than doubles in year (Part 2) NOVO-OGAREVO. June 1 (Interfax) - Sberbank's (RTS: SBER) capitalization has more than doubled in the past last year, Andrei Kuzmin, the bank's chairman, said at a meeting with Russian President Vladimir Putin. ...
RTS Index at 17.00 MSK.
Jun 01, 2006 ... RTS Index at 17.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.06.2006 17:03:31 1462.50 8858.369406 28847446.14 01.06.2006 16:52:38 1462.50 8858.369406 - 01.06.2006 16:49:19 1463.06 8861.761329 - 01.06.2006 16:48:42 1462.07 8855.764894 - 01.06.2006 16:42:36 1461.75 ...
Dollar soars above 27 rubles as euro plunges.
Jun 01, 2006 ... Dollar soars above 27 rubles as euro plunges MOSCOW. June 1 (Interfax) - The U.S. dollar soared above 27 rubles/ $1 in Moscow Interbank Currency Exchange (MICEX) trading Thursday as the euro plunged below $1.28 on the international Forex market on growing concern that the ...
VimpelCom boosts Q1 US GAAP earnings 37% (Part 2).
Jun 01, 2006 ... VimpelCom boosts Q1 US GAAP earnings 37% (Part 2) MOSCOW. June 1 (Interfax) - VimpelCom (RTS: VIMP) boosted net profit to US GAAP 37% year-on-year in the first quarter of 2006 to $150.223 million the Russian No. 2 cellular provider said in a press release. Net ...
Results for trading of listed shares in RTS at 11.00 MSK Part 1.
Jun 01, 2006 ... Results for trading of listed shares in RTS at 11.00 MSK Part 1 01.06.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 950.0 1200.0 - - - Aeroflot 1.3 1.95 - - - AG Asset Management 83200.0 85700.0 - - - PAVA 0.5 ...
Foreign capital not yet attempting to buy into Russian exchanges - expert.
Jun 01, 2006 ... Foreign capital not yet attempting to buy into Russian exchanges - expert MOSCOW. June 1 (Interfax) - Foreign capital is so far not trying to acquire the assets of Russian exchanges, Moscow Inter-Bank Currency Exchange (MICEX) President Alexander Potyomkin said in an interview ...
Official exchange rates for CIS and Baltic nations as of 01.06.2006.
Jun 01, 2006 ... Official exchange rates for CIS and Baltic nations as of 01.06.2006 Country Currency Date For $1 For 1 ruble For 1 EUR Azerbaijan manat 01.94 0.8992 0.0333 1.15 Armenia dram 11.93 427.12 15.86 549.62 Georgia lari 09.95 1.798 0.0668 2.3124 Belarus bel.ruble 07.93 2149 78.25 ...
Results for trading of listed shares in RTS at 16.00 MSK Part 1.
Jun 01, 2006 ... Results for trading of listed shares in RTS at 16.00 MSK Part 1 01.06.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 950.0 1200.0 - - - Aeroflot 1.3 1.95 - - - AG Asset Management 83700.0 85700.0 - - - PAVA 0.5 ...
Foreign bank branches contradict strategic interests of banking system - CB.
Jun 01, 2006 ... Foreign bank branches contradict strategic interests of banking system - CB MOSCOW. June 1 (Interfax) - Allowing foreign banks to open branches in Russia contradicts the strategic interests of developing the Russian banking system, First Deputy Central Bank Chairman Andrei ...
Sberbank's capitalization more than doubles in year (Part 3).
Jun 01, 2006 ... Sberbank's capitalization more than doubles in year (Part 3) NOVO-OGAREVO. June 1 (Interfax) - Sberbank's (RTS: SBER) capitalization has more than doubled in the past last year, Andrei Kuzmin, the bank's chairman, said at a meeting with Russian President Vladimir Putin. ...
Fradkov pleased with work of Energy Ministry.
Jun 01, 2006 ... Fradkov pleased with work of Energy Ministry MOSCOW. June 1 (Interfax) - Prime Minister Mikhail Fradkov has said he is pleased with the work of the Industry and Energy Ministry. Fradkov chaired a Cabinet meeting on Thursday which discussed the work of the Industry and ...
EBRD ups GDP forecast for Ukrainian to 2% in 2006.
Jun 01, 2006 ... EBRD ups GDP forecast for Ukrainian to 2% in 2006 KYIV. June 1 (Interfax) - The European Bank for Reconstruction and Development (EBRD) has increased its GDP forecast for Ukraine to 2% in 2006 from 1.2% considering the development of the economy in the first quarter, Kamen ...
Foreign investment in Armenian economy soars 57% in Q1.
Jun 01, 2006 ... Foreign investment in Armenian economy soars 57% in Q1 YEREVAN. June 1 (Interfax) - Foreign investment in the Armenian economy increased 56.7% to $94.3 million in the first quarter of 2006, a source in the Armenian National Statistics Committee told Interfax. Direct ...
RTS Index at 15.00 MSK.
Jun 01, 2006 ... RTS Index at 15.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.06.2006 15:03:59 1458.69 8835.292218 26493171.14 01.06.2006 14:52:20 1459.71 8841.470363 - 01.06.2006 14:32:52 1459.67 8841.228083 - 01.06.2006 14:30:48 1460.73 8847.648508 - 01.06.2006 14:27:34 1460.99 ...
Asaka Bank boost IAS net assets 8.3% in 2005.
Jun 01, 2006 ... Asaka Bank boost IAS net assets 8.3% in 2005 TASHKENT. June 1 (Interfax) - Uzbekistan's Asaka Bank increased net audited assets to International Accounting Standards (IAS) 8.3% to 599.188 billion som in 2005, Uzbekistan's No. 2 bank said in a financial report. ...
RTS Index at 16.00 MSK.
Jun 01, 2006 ... RTS Index at 16.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.06.2006 15:42:12 1458.47 8833.959677 27142246.14 01.06.2006 15:35:09 1457.28 8826.751842 - 01.06.2006 15:24:11 1457.81 8829.962054 - 01.06.2006 15:23:27 1458.92 8836.685329 - 01.06.2006 15:10:20 1459.05 ...
Quotations for Aries.
Jun 01, 2006 ... Quotations for Aries 01.06.06 Dealer 25.10.07 25.10.09 25.10.14 EUR EUR USD bid/offer, % Vneshtorgbank - - 122.500 - - 123.750 Vnesheconombank - - 122.500 - - 123.500 Bank Zenit - - 122.750 - - 123.250 ...
VimpelCom boosts Q1 US GAAP earnings 37%.
Jun 01, 2006 ... VimpelCom boosts Q1 US GAAP earnings 37% MOSCOW. June 1 (Interfax) - VimpelCom (RTS: VIMP) boosted net profit to US GAAP 37% ...
Kachkanarsky GOK not to pay 2005 dividends.
Jun 01, 2006 ... Kachkanarsky GOK not to pay 2005 dividends YEKATERINBURG. June 1 (Interfax) - Shareholders in No. 1 Russian steel producer Evraz Group's Kachkanarsky GOK (KGOK), a major ferrovanadic ore producer from the Sverdlovsk region, voted at the AGM to waive dividends for the full year ...
Custom agencies pay 1.07 trillion rubles to budget in Jan-May.
Jun 01, 2006 ... Custom agencies pay 1.07 trillion rubles to budget in Jan-May MOSCOW. June 1 (Interfax) - Russian customs agencies paid 1.07 trillion rubles to the federal budget in January-May, 20% ...
Novolipetsk Steel expects consolidated earnings to grow 8%-9% in 2006.
Jun 01, 2006 ... Novolipetsk Steel expects consolidated earnings to grow 8%-9% in 2006 MOSCOW. June 1 (Interfax) - Novolipetsk Steel (NLMK) expects its consolidated earning to grow 8%-9% in 2006, Vladimir Nastich, the steel company's general director, told reporters at a metallurgical summit on ...
Kudrin, Zhukov to look for financial balance.
Jun 01, 2006 ... Kudrin, Zhukov to look for financial balance MOSCOW. June 1 (Interfax) - Prime Minister Mikhail Fradkov has instructed Finance Minster Alexei Kudrin and Deputy Prime Minister Alexander Zhukov to find a balance in financial policy that would provide for an economic burst for ...
Sberbank should expand credit portfolio for individuals - Putin (Part 2).
Jun 01, 2006 ... Sberbank should expand credit portfolio for individuals - Putin (Part 2) NOVO-OGAREVO. June 1 (Interfax) - Russian President Vladimir Putin has said that Sberbank (RTS: SBER) of Russia should expand its credit portfolio for individuals. "I understand the interest of ...
Finance Ministry plans to place GSO by month-end.
Jun 01, 2006 ... Finance Ministry plans to place GSO by month-end MOSCOW. June 1 (Interfax) - The Finance Ministry plans to offer government savings bonds (GSO) through private subscription before the end of June, Alexander Scherbakov, the deputy director of the ministry's debt department, told ...
Duma to get bill lifting last capital restrictions soon - Kudrin.
Jun 01, 2006 ... Duma to get bill lifting last capital restrictions soon - Kudrin MOSCOW. June 1 (Interfax) - The government will submit a bill on lifting ...
U.S. agrees to talks with Iran in exchange for Russia, China agreement to sanctions.
Jun 01, 2006 ... U.S. agrees to talks with Iran in exchange for Russia, China agreement to sanctions WASHINGTON. June 1 (Interfax) - Russia and China are ready to review the imposition of sanctions against Iran, if Iran does not agree to stop uranium enrichment and resume talks about its nuclear ...
Govt debt in ruble paper up 1.5% in May.
Jun 01, 2006 ... Govt debt in ruble paper up 1.5% in May MOSCOW. June 1 (Interfax) - The Russian government's domestic debt in ruble-denominated securities grew 1.5%, or by 13.41 billion ...
Govt wants new estimate of MGTS shares before Svyazinvest stake is sold - sources.
Jun 01, 2006 ... Govt wants new estimate of MGTS shares before Svyazinvest stake is sold - sources MOSCOW. June 1 (Interfax) - The Russian government has instructed the Economic Development and Trade Ministry and the Information Technologies & Communications Ministry to estimate the market value ...
Russian Copper's KMEZ to reinvest 2005 profit.
Jun 01, 2006 ... Russian Copper's KMEZ to reinvest 2005 profit CHELYABINSK. June 1 (Interfax) - The board of directors of the Kyshtym Copper-Electrolyte Works (KMEZ), a division of the Russian Copper Co., recommended that shareholders at their June 30 AGM waive dividends for 2005 in light of the ...
Russian political and economic calendar: June 1.
Jun 01, 2006 ... Russian political and economic calendar: June 1 MOSCOW. June 1 (Interfax) - The political and economic calendar in Moscow, Russia and Newly Independent States for June 1 is as follows: Prime Minister Mikhail Fradkov chairs Cabinet meeting. Finance Minster Alexei ...
CTC media spends $18 mln on IPO procedures.
Jun 01, 2006 ... CTC media spends $18 mln on IPO procedures MOSCOW. June 1 (Interfax) - Russian media holding CTC Media Inc., which is placing $346 million in its shares on the Nasdaq, spent about $17.8 million on IPO procedures, the company said in official materials. It cost $0.72 ...
Results for trading of listed shares in RTS at 15.00 MSK Part 2.
Jun 01, 2006 ... Results for trading of listed shares in RTS at 15.00 MSK Part 2 01.06.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - AG Asset Management - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal - ...