Russia & CIS Business and Financial Newswire back issues from August 2006:
Kazakhstan plans to cut budget spending to 23.2% of GDP in 2009.
Aug 01, 2006 ... Kazakhstan plans to cut budget spending to 23.2% of GDP in 2009 ASTANA. Aug 1 (Interfax) - Kazakhstan is planning to lower federal budget spending to 23.2% of GDP in 2009, the government said in its mid- term fiscal policy for 2007-2009 published in the official media. ...
Russian electricity production up 4.5% in H1.
Aug 01, 2006 ... Russian electricity production up 4.5% in H1 MOSCOW. Aug 1 (Interfax) - Russian power plants increased electricity production 4.6% year-on-year in the first half of 2006 to 502.19 billion kWh, the Industry and Energy Ministry's press service said. Electricity ...
Moody's withdraws Yukos ratings.
Aug 01, 2006 ... Moody's withdraws Yukos ratings LONDON. Aug 1 (Interfax) - Moody's Investors Service has withdrawn the Ca issuer and corporate family ratings of Yukos Oil Company, the ratings agency said in a press release. The action follows a recent creditors meeting, which ...
Results for trading of listed shares in RTS at 16.00 MSK Part 1.
Aug 01, 2006 ... Results for trading of listed shares in RTS at 16.00 MSK Part 1 01.08.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 900.0 1150.0 - - - Aeroflot 1.81 1.95 - - - AG Asset Management * 89120.0 90250.0 - - - PAVA ...
Mazeikiu Nafta may lose Butinge terminal to repairs in September.
Aug 01, 2006 ... Mazeikiu Nafta may lose Butinge terminal to repairs in September VILNIUS. Aug 1 (Interfax-BNS) - Lithuanian oil concern Mazeikiu Nafta, which plans to receive four tankers of oil in August, will soon lose temporarily this alternative means of receiving oil. Lithuanian ...
Official exchange rates for CIS and Baltic nations as of 01.08.2006.
Aug 01, 2006 ... Official exchange rates for CIS and Baltic nations as of 01.08.2006 Country Currency Date For $1 For 1 ruble For 1 EUR Azerbaijan manat 01.94 0.8884 0.0331 1.13 Armenia dram 11.93 415.33 15.41 527.7 Georgia lari 09.95 1.765 0.0658 2.2502 Belarus bel.ruble 07.93 2149 78.25 ...
Yukos petitions to have bankruptcy hearing halted until appeal is heard in European court.
Aug 01, 2006 ... Yukos petitions to have bankruptcy hearing halted until appeal is heard in European court MOSCOW. Aug 1 (Interfax) - Yukos (RTS: YUKO) has petitioned the court to ...
YUKOS PETITIONS TO HAVE BANKRUPTCY HEARING HALTED UNTIL APPEAL IS HEARD IN EUROPEAN COURT.
Aug 01, 2006 ... YUKOS PETITIONS TO HAVE BANKRUPTCY HEARING HALTED ...
Southern Telecom H1 RAS net profit soars.
Aug 01, 2006 ... Southern Telecom H1 RAS net profit soars KRASNODAR. Aug 1 (Interfax) - Southern Telecom (RTS: KUBN) increased net profit to Russian Accounting Standards (RAS) 516% year- on-year to 657.2 million rubles in the first half of 2006, the company said in a press release. ...
Moscow court starts hearing suit to declare Yukos bankrupt.
Aug 01, 2006 ... Moscow court starts hearing suit to declare Yukos bankrupt MOSCOW. Aug 1 (Interfax) - The Moscow Court of Arbitration has begun hearing a suit to declare Russian oil company Yukos (RTS: YUKO) bankrupt, an Interfax correspondent reports. The suit was filed on March 9, ...
Watchdog sees no grounds for criminal case over pipeline accident.
Aug 01, 2006 ... Watchdog sees no grounds for criminal case over pipeline accident BRYANSK. Aug 1 (Interfax) - Russian environmental watchdog Rosprirodnadzor does not yet see any grounds for opening a criminal case over the accident on the Druzhba pipeline in Bryansk region on July 29, ...
Russian Standard to securitize credit card payments by year-end.
Aug 01, 2006 ... Russian Standard to securitize credit card payments by year-end MOSCOW. Aug 1 (Interfax) - Russian Standard Bank (RTS: RSBN) plans to place about $300 million - $400 million in Eurobonds by the end of the year, secured by payments on credit cards, a source close to the deal told ...
Russneft RAS revenue grows 160% in Q1.
Aug 01, 2006 ... Russneft RAS revenue grows 160% in Q1 MOSCOW. Aug 1 (Interfax) - Russneft increased its revenue to Russian Accounting Standards (RAS) 160% year-on-year to 26.072 billion rubles in the first quarter of 2006, the company said in a first quarter financial report. First ...
Avtovaz board approves general director's resignation - source (Part 2).
Aug 01, 2006 ... Avtovaz board approves general director's resignation - source (Part 2) MOSCOW. Aug 1 (Interfax) - The board of directors of Avtovaz (RTS: AVAZ) voted at a Tuesday meeting to approve the resignation of General Director Igor Yesipovsky, a source on the board told Interfax. ...
IFC withdraws from Russian Standard (Part 2).
Aug 01, 2006 ... IFC withdraws from Russian Standard (Part 2) MOSCOW. Aug 1 (Interfax) - The International Finance Corporation has sold its 6.42% stake in Russian Standard Bank (RTS: RSBN), the bank said in a statement. Russian Standard, the bank's main shareholder, bought the IFC ...
Yesterday in Brief for August 1, 2006.
Aug 01, 2006 ... Yesterday in Brief for August 1, 2006 The following is a digest of headline news from July 31 to 11:30 a.m. on August 1: YAKUTIA SEEKS RIGHT TO VETO MAJOR DECISIONS IN ALROSA The republic of Yakutia wants to secure the right to control Alrosa's decision-making on ...
Fitch upgrades Bank of Moscow to 'BBB' on City Of Moscow upgrade.
Aug 01, 2006 ... Fitch upgrades Bank of Moscow to 'BBB' on City Of Moscow upgrade MOSCOW. Aug 1 (Interfax) - Fitch Ratings has upgraded Bank of Moscow's ("BOM") Issuer Default rating ("IDR") to 'BBB' from 'BBB-' (BBB minus), the ratings agency said in a press release. The Outlook on ...
Results for trading of listed shares in RTS at 15.00 MSK Part 1.
Aug 01, 2006 ... Results for trading of listed shares in RTS at 15.00 MSK Part 1 01.08.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 900.0 1150.0 - - - Aeroflot 1.81 1.95 - - - AG Asset Management * 89120.0 90250.0 - - - PAVA ...
Ukraine's Bank Prestige will be renamed Erste Ukraine.
Aug 01, 2006 ... Ukraine's Bank Prestige will be renamed Erste Ukraine KYIV. Aug 1 (Interfax) - Kyiv-based Bank Prestige, in which Austria's Erste Bank is planning to acquire a controlling stake, plans to change its name to Erste Ukraine and open 150-200 branches by 2008, Oleksandr Derkach, a ...
Yukos petitions to have bankruptcy hearing halted until appeal is heard in European court (Part 4).
Aug 01, 2006 ... Yukos petitions to have bankruptcy hearing halted until appeal is heard in European court (Part 4) MOSCOW. Aug 1 (Interfax) - Yukos (RTS: YUKO) has petitioned the court to have its bankruptcy hearing halted until an appeal is heard in the European Court of Human Rights, a Yukos ...
Azerbaijani budget surplus totals 1.4% of GDP in H1.
Aug 01, 2006 ... Azerbaijani budget surplus totals 1.4% of GDP in H1 BAKU. Aug 1 (Interfax) - Azerbaijan had a budget surplus of 101 million manat in the first half of 2006, or 1.4% of GDP, a source in the Azerbaijani Finance Ministry told Interfax. Budget revenue increased 69.5% ...
Results of forex trading on MICEX on 01.08.2006.
Aug 01, 2006 ... Results of forex trading on MICEX on 01.08.2006 Instrument Min. Max. Closing Average "Volume", Quantity price price price price $ USDTOM_UTS 26.8025 26.85 26.8225 26.8265 786761000 515 USDTOD_UTS 26.825 ...
NLMK certified to ISO/TS 16949:2002.
Aug 01, 2006 ... NLMK certified to ISO/TS 16949:2002 MOSCOW. Aug 1 (Interfax) - Novolipetsk Metallurgical Combine (NLMK) has passed a second quality management system audit for roll production for the auto industry and been certified to ISO/TS 16949:2002 standard, NLMK said in a press release. ...
Daily Headline News for August 1, 2006.
Aug 01, 2006 ... Daily Headline News for August 1, 2006 The following is a digest of headline news as of 5:30 p.m. on August 1, 2006: MOSCOW COURT STARTS HEARING SUIT TO DECLARE YUKOS BANKRUPT The Moscow Arbitration Court has begun hearing a suit to declare Yukos bankrupt. ...
Kalina net profit down 12% in H1.
Aug 01, 2006 ... Kalina net profit down 12% in H1 YEKATERINBURG. Aug 1 (Interfax) - Net profit at Russian cosmetic producer Kalina (RTS: KLNA) (Yekaterinburg) to ...
Watchdog sees no grounds for criminal case over pipeline accident (part 2).
Aug 01, 2006 ... Watchdog sees no grounds for criminal case over pipeline accident (part 2) BRYANSK. Aug 1 (Interfax) - Russian environmental watchdog Rosprirodnadzor does not yet see any grounds for opening a criminal case over the accident on the Druzhba pipeline in Bryansk region on July 29, ...
Ukraine's Chumak buys back 15% of its shares from Orkla Foods (Part 2).
Aug 01, 2006 ... Ukraine's Chumak buys back 15% of its shares from Orkla Foods (Part 2) KYIV. Aug 1 (Interfax) - Chumak, one of the largest producers of ketchup, mayonnaise, sunflower oil and canned goods in Ukraine, has bought back 15% of its shares from Norway's Orkla Foods, Chumak president ...
CB to auction 10 bln rubles in OBR-3 on Aug 3.
Aug 01, 2006 ... CB to auction 10 bln rubles in OBR-3 on Aug 3 MOSCOW. Aug 1 (Interfax) - The Central Bank will hold an auction on August 3 to sell 10 billion rubles at face value of third-series Bank of Russia ...
Russian political and economic calendar: Aug 1.
Aug 01, 2006 ... Russian political and economic calendar: Aug 1 MOSCOW. Aug 1 (Interfax) - The political and economic calendar in Moscow, Russia and Newly Independent States for Aug 1 is as follows: In Moscow: The export duty on oil is to reach a record of $216.4 per tonne ....
Court to decide Yukos fate, bankruptcy unavoidable.
Aug 01, 2006 ... Court to decide Yukos fate, bankruptcy unavoidable MOSCOW. Aug 1 (Interfax) - If the history of Yukos oil company starts on April 15, 1993, the date the company was founded, then August 1, 2006 may be the start of the end for what was at one time one of the largest Russian ...
Environmental watchdog could file suit against Transneft over Druzhba pipeline accident - Mitvol (Part 2).
Aug 01, 2006 ... Environmental watchdog could file suit against Transneft over Druzhba pipeline accident - Mitvol (Part 2) BRYANSK. Aug 1 (Interfax) - Russian environmental watchdog Rosprirodnadzor could file a case against Transneft (RTS: TRNF) to recover damages as a result of an accident on ...
Russian section of power line to carry electricity to China completed.
Aug 01, 2006 ... Russian section of power line to carry electricity to China completed MOSCOW. 1 Aug (Interfax) - FSK, a 100% subsidiary of Russian national electricity company UES, has announced it has finished the construction of the Russian section of a 220 kilovolt transmission line that ...
Banks have 363.8 bln rbs on CBR correspondent accounts on August 1.
Aug 01, 2006 ... Banks have 363.8 bln rbs on CBR correspondent accounts on August 1 MOSCOW. August 1 (Interfax) - Russian banks have 363.8 billion rubles on correspondent accounts in the Central Bank as of August 1 including 225.6 billion rubles for Moscow banks. The ...
Oil production up 2.5% in H1.
Aug 01, 2006 ... Oil production up 2.5% in H1 MOSCOW. Aug 1 (Interfax) - Production of primary fuel and energy resources in Russia in January-June 2006, according to the latest figures from the Industry and Energy Ministry, amounted to 882.1 million tonnes of fuel equivalent, up 2.7% ...
Moscow interbank bid, offered & actual rate.
Aug 01, 2006 ... Moscow interbank bid, offered & actual rate 01.08.2006 Rate/term overnight 1 week 1 month 3 months 6 months 1 year MIBID 3.09 2.33 3.22 4.34 5.27 6.22 - (1.30) (0.34) (0.23) (0.16) (0.16) (0.06) MIBOR 4.45 3.83 4.66 6.21 7.47 8.39 - ...
RTS Index at 13.00 MSK.
Aug 01, 2006 ... RTS Index at 13.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.08.2006 12:58:07 1557.20 9391.418224 7201910 01.08.2006 12:39:39 1556.63 9387.980574 - 01.08.2006 12:39:00 1556.49 9387.136239 - 01.08.2006 12:38:48 1556.33 9386.171284 - 01.08.2006 12:33:58 1556.33 ...
Court postpones Telenor suit against VimpelCom until Sept 4 (Part 2).
Aug 01, 2006 ... Court postpones Telenor suit against VimpelCom until Sept 4 (Part 2) MOSCOW. Aug 1 (Interfax) - The Moscow Arbitration Court has postponed until September 4 preliminary hearings in suit filed by Norway's Telenor against No. 2 Russian cellular provider VimpelCom (RTS: VIMP) and ...
RTS Index at 12.00 MSK.
Aug 01, 2006 ... RTS Index at 12.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.08.2006 11:58:49 1556.51 9387.256858 6235810 01.08.2006 11:46:00 1556.54 9387.437787 - 01.08.2006 11:45:54 1556.46 9386.95531 - 01.08.2006 11:45:53 1556.46 9386.95531 - 01.08.2006 11:44:39 1556.02 ...
VimpelCom appoints vice president for operational activity.
Aug 01, 2006 ... VimpelCom appoints vice president for operational activity MOSCOW. Aug 1 (Interfax) - Russia' No. 2 cellular provider VimpelCom (RTS: VIMP) has appointed Peter Covell to the new post of vice president for operational activity, the company said in a press release. ...
Rostelecom leading stocks Tuesday afternoon.
Aug 01, 2006 ... Rostelecom leading stocks Tuesday afternoon MOSCOW. Aug 1 (Interfax) - Russian stocks jumped in the morning on a growth in oil prices, but had slowed by afternoon. Rostelecom (RTS: RTKM) has emerged the leader even after reporting a drop in net profit in the first half. ...
Comstar-UTS to hold EGM on Sept 15.
Aug 01, 2006 ... Comstar-UTS to hold EGM on Sept 15 MOSCOW. Aug 1 (Interfax) - The board of directors at Comstar-United Telesystems has decided to hold an extraordinary shareholders meeting in absentee on September 15, the company said in a release. Shareholders owning Comstar-UTS ...
GAZPROM UNCONSOLIDATED NET PROFIT TO RUSSIAN ACCOUNTING STANDARDS IN H1 - 177 BLN RUBLES - COMPANY.
Aug 01, 2006 ... GAZPROM UNCONSOLIDATED NET PROFIT TO RUSSIAN ACCOUNTING ...
Results for trading of listed shares in RTS at 13.00 MSK Part 2.
Aug 01, 2006 ... Results for trading of listed shares in RTS at 13.00 MSK Part 2 01.08.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - AG Asset Management * - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal ...
Oil duty reaches record high from Aug 1.
Aug 01, 2006 ... Oil duty reaches record high from Aug 1 MOSCOW. Aug 1 (Interfax) - The oil export duty in Russia from August 1 is at a new record high of $216.4 per tonne. Russian Prime Minister Mikhail Fradkov signed the corresponding resolution on July 18, 2006. From ...
FTS pays 1.554 trln rubles to budget in Jan-July.
Aug 01, 2006 ... FTS pays 1.554 trln rubles to budget in Jan-July MOSCOW. Aug 1 (Interfax) - The Federal Customs Service ...
Gazprom posts 177 Bln rubles in unconsolidated net profit in H1.
Aug 01, 2006 ... Gazprom posts 177 Bln rubles in unconsolidated net profit in H1 MOSCOW. Aug 1 (Interfax) - The Russian gas monopoly Gazprom (RTS: GAZP) posted 177.063 billion rubles in unconsolidated net profit to Russian ...
IFC withdraws from Russian Standard.
Aug 01, 2006 ... IFC withdraws from Russian Standard MOSCOW. Aug 1 (Interfax) - The International Finance ...
RTS H1 net profit falls 6.7% to 43.6 mln rubles.
Aug 01, 2006 ... RTS H1 net profit falls 6.7% to 43.6 mln rubles MOSCOW. Aug 1 (Interfax) - Russian Trading System (RTS) net profit fell 6.7% year-on-year to 43.596 million rubles in the first half of 2006, the exchange said in a financial report posted ...
Quotations for Russian Eurobonds.
Aug 01, 2006 ... Quotations for Russian Eurobonds 01.08.06 Dealer 26.06.07 31.03.10 24.07.18 24.06.28 31.03.30 Aljba Alliance 103.500 104.125 140.250 173.500 108.750 103.750 104.375 140.750 174.000 109.000 Aton 103.500 104.250 140.250 173.500 108.750 ...
Inflation at 0.2% in Kazakhstan in July, at 5.1% since January.
Aug 01, 2006 ... Inflation at 0.2% in Kazakhstan in July, at 5.1% since January ASTANA. Aug 1 (Interfax) - The consumer price index, used as an indicator of inflation, was 0.2% in Kazakhstan in July against 0.3% in June, the state statistics agency told Interfax on Tuesday. Prices for ...
Tatneft boosts H1 net profit 45% (Part 2).
Aug 01, 2006 ... Tatneft boosts H1 net profit 45% (Part 2) KAZAN. Aug 1 (Interfax) - Tatneft (RTS: TATN) net profit grew 45.2% year-on-year to 23.435 billion rubles in the first half of 2006, the company told Interfax. Revenue grew 16.1% to 95.085 billion rubles in ...
Irkutskenergo net profit down 33% in H1.
Aug 01, 2006 ... Irkutskenergo net profit down 33% in H1 MOSCOW. Aug 1 (Interfax) - Net profit at Irkutskenergo (RTS: IRGZ) fell 32.9% year-on-year from ...
ENVIRONMENTAL WATCHDOG ROSPRIRODNADZOR DOES NOT YET SEE GROUNDS FOR CRIMINAL CASE OVER DRUZHBA PIPELINE ACCIDENT - MITVOL.
Aug 01, 2006 ... ENVIRONMENTAL WATCHDOG ROSPRIRODNADZOR DOES NOT YET SEE GROUNDS FOR ...
Yukos petitions to have bankruptcy hearing halted until appeal is heard in European court (Part 2).
Aug 01, 2006 ... Yukos petitions to have bankruptcy hearing halted until appeal is heard in European court (Part 2) MOSCOW. Aug 1 (Interfax) - Yukos (RTS: YUKO) has petitioned the court to have its bankruptcy hearing halted until an appeal is heard in the European Court of Human Rights, a Yukos ...
Court postpones Telenor suit against VimpelCom until Sept 4.
Aug 01, 2006 ... Court postpones Telenor suit against VimpelCom until Sept 4 MOSCOW. Aug 1 (Interfax) - The Moscow Arbitration Court has postponed until September 4 preliminary hearings in suit filed by Norway's Telenor against No. 2 Russian cellular provider VimpelCom (RTS: VIMP) and the five ...
RTS Index at 11.00 MSK.
Aug 01, 2006 ... RTS Index at 11.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.08.2006 11:04:07 1554.88 9377.426385 4255900 01.08.2006 11:03:40 1555.31 9380.0197 - 01.08.2006 11:02:19 1555.30 9379.959391 - 01.08.2006 11:02:03 1555.34 9380.200629 - 01.08.2006 10:56:06 1555.87 ...
Results for trading of listed shares in RTS at 12.00 MSK Part 1.
Aug 01, 2006 ... Results for trading of listed shares in RTS at 12.00 MSK Part 1 01.08.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 900.0 1200.0 - - - Aeroflot 1.81 1.95 - - - AG Asset Management * 89120.0 90250.0 - - - PAVA ...
Gazprom posts 177 Bln rubles in unconsolidated net profit in H1 (part 2).
Aug 01, 2006 ... Gazprom posts 177 Bln rubles in unconsolidated net profit in H1 (part 2) MOSCOW. Aug 1 (Interfax) - The Russian gas monopoly Gazprom (RTS: GAZP) posted 177.063 billion rubles in unconsolidated net profit to Russian accounting standards in the first half of 2006, the company ...
RussNeft receives three-year Sberbank credit.
Aug 01, 2006 ... RussNeft receives three-year Sberbank credit MOSCOW. Aug 1 (Interfax) - Russian oil company RussNeft has attracted a three-year credit from Sberbank of Russia (RTS: SBER) ...
Yukos requests recess in bankruptcy hearing.
Aug 01, 2006 ... Yukos requests recess in bankruptcy hearing MOSCOW. Aug 1 (Interfax) - Russian oil company Yukos (RTS: YUKO) has petitioned the ...
Amsterdam court to hear case on sale of Yukos foreign assets on Aug 17.
Aug 01, 2006 ... Amsterdam court to hear case on sale of Yukos foreign assets on Aug 17 MOSCOW. Aug 1 (Interfax) - A Dutch court will hear a case on distributing resources from the sale of Yukos (RTS: YUKO) foreign assets on August 17, Yukos temporary manager Eduard Rebgun ...
Kazakh National Fund to amount to 17.5% of GDP by 2009.
Aug 01, 2006 ... Kazakh National Fund to amount to 17.5% of GDP by 2009 ASTANA. Aug 1 (Interfax-Kazakhstan) - The National Fund of Kazakhstan will amount to 17.5% of GDP by 2009, according to a government mid-term fiscal policy report for 2007-2009, published in the press. "The ...
Results for trading of listed shares in RTS at 17.00 MSK Part 1.
Aug 01, 2006 ... Results for trading of listed shares in RTS at 17.00 MSK Part 1 01.08.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 900.0 1150.0 - - - Aeroflot 1.81 1.95 - - - AG Asset Management * 89120.0 90250.0 - - - PAVA ...
Moscow Reinsurance Co. ratings unaffected by change in CEO.
Aug 01, 2006 ... Moscow Reinsurance Co. ratings unaffected by change in CEO LONDON. Aug 1 (Interfax) - Standard & Poor's Ratings Services said that its ratings and outlook on Russian reinsurer Moscow Reinsurance Co. (Moscow Re; B+/Stable/--, ruA+) are unaffected by the changes in ...
ENVIRONMENTAL WATCHDOG ROSPRIRODNADZOR MAY FILE SUIT AGAINST TRANSNEFT FOR DAMAGES AS A RESULT OF DRUZHBA PIPELINE ACCIDENT - MITVOL.
Aug 01, 2006 ... ENVIRONMENTAL WATCHDOG ROSPRIRODNADZOR MAY FILE SUIT AGAINST TRANSNEFT FOR ...