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Russia & CIS Business and Financial Newswire articles from September 2006

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<a href="http://www.highbeam.com/Russia+~A~+CIS+Business+and+Financial+Newswire/publications.aspx?date=200609" 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 September 2006:

Russian monetary base down by 7.5 bln rubles to 2685.9 bln rbs on August 28.

Sep 01, 2006 ... Russian monetary base down by 7.5 bln rubles to 2685.9 bln rbs on August 28 MOSCOW. September 1 (Interfax) - The narrow monetary base in Russia stood at 2685.9 billion rubles on August 28 down from 2693.4 billion rubles on August 21 the Central Bank reported on ...

Kazakhstan, S. Korea to implement joint oil, gas, uranium projects.

Sep 01, 2006 ... Kazakhstan, S. Korea to implement joint oil, gas, uranium projects ASTANA. Sept 1 (Interfax-Kazakhstan) - Kazakhstan and South Korea have agreed to implement a number of joint oil, gas and uranium projects. An Interfax-Kazakhstan correspondent reports following a ...

Affordable mortgage loans possible if inflation stands at 5% - Putin.

Sep 01, 2006 ... Affordable mortgage loans possible if inflation stands at 5% - Putin KHIMKI (Moscow region). Sept 1 (Interfax) - Russian President Vladimir Putin has admitted that mortgage loans will become affordable for the majority of the country's population only if inflation slows down to ...

Inflation in Kazakhstan 5.3% in Jan-Aug.

Sep 01, 2006 ... Inflation in Kazakhstan 5.3% in Jan-Aug ASTANA. Sept 1 (Interfax) - Inflation in Kazakhstan in January- August 2006 ran at 5.3%, a source in the State Statistics Agency told Interfax. In August, like in July, consumer prices in the republic increased 0.2%. ...

Expected yield of Uralvneshtorgbank CLN at 8.75%-9.25% - source.

Sep 01, 2006 ... Expected yield of Uralvneshtorgbank CLN at 8.75%-9.25% - source MOSCOW. Sept 1 (Interfax) - The expected yield of a one-year CLN issue totaling $70 million-$100 million by Uralvneshtorgbank is an annual 8.75%-9.25%, a source in banking circles told Interfax. A road ...

Commission awards license to Levikhinskaya copper deposits.

Sep 01, 2006 ... Commission awards license to Levikhinskaya copper deposits YEKATERINBURG. Sept 1 (Interfax) - A commission set up by Russian subsurface resources agency Rosnedra Thursday decided to award the rights to explore and mine copper-pyrite ore at the Levikhinskaya group of deposits in ...

Stocks dip on foreign sales.

Sep 01, 2006 ... Stocks dip on foreign sales MOSCOW. Sept 1 (Interfax) - The Russian stock market posted gains in early Friday trading as oil prices grew above $70 per barrel after Iran said it would not stop its nuclear program and on growing metal prices. However, the market began ...

Tender for shares in Yakutia coal producers may be called by Oct 15 - ministry.

Sep 01, 2006 ... Tender for shares in Yakutia coal producers may be called by Oct 15 - ministry MOSCOW. Sept 1 (Interfax) - A tender for the Republic of Yakutia's 75% minus one share in the Yakutugol coal producer and 39.4% of the Elgaugol coal producer could be announced by October 15, a ...

New custom rates enter into force in Georgia.

Sep 01, 2006 ... New custom rates enter into force in Georgia MOSCOW. Sept 1 (Interfax) - New custom rates entered into force in Georgia on September 1. In accordance with the Law on Custom Tariffs approved by the parliament in July, the total number of rates on imported goods to the ...

Belarussian govt debt grows 1.1% in 7 mths.

Sep 01, 2006 ... Belarussian govt debt grows 1.1% in 7 mths MINSK. Sept 1 (Interfax) - Belarussian government debt grew 1.1% during the first seven months of 2006 to 5.429 trillion Belarussian rubles, the Belarussian Finance Ministry told Interfax. The debt rose 2.8% in July after ...

RTS Index at 16.00 MSK.

Sep 01, 2006 ... RTS Index at 16.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.09.2006 16:04:45 1627.87 9784.607863 13217312.84 01.09.2006 16:01:38 1627.67 9783.405726 - 01.09.2006 16:01:35 1627.67 9783.405726 - 01.09.2006 16:01:21 1627.67 9783.405726 - 01.09.2006 16:01:07 1627.11 ...

RTS Index at 14.00 MSK.

Sep 01, 2006 ... RTS Index at 14.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.09.2006 13:55:26 1629.35 9793.503671 9204171.6 01.09.2006 13:36:33 1629.35 9793.503671 - 01.09.2006 13:30:20 1629.14 9792.241428 - 01.09.2006 13:27:33 1629.03 9791.580253 - 01.09.2006 13:27:12 1629.03 ...

Oil export duty to reach $237.6 per tonne from Oct 1 - Ministry (part 2).

Sep 01, 2006 ... Oil export duty to reach $237.6 per tonne from Oct 1 - Ministry (part 2) MOSCOW. Sept 1 (Interfax) - The export duty on oil will amount to $237.6 per tonne from October 1, Alexander Sakovich, deputy director of the customs department at the Russian Finance Ministry, told ...

Quotations for Russian Eurobonds.

Sep 01, 2006 ... Quotations for Russian Eurobonds 01.09.06 Dealer 26.06.07 31.03.10 24.07.18 24.06.28 31.03.30 Aton 103.440 104.560 143.250 178.750 111.250 103.500 104.630 143.870 179.250 111.440 Vneshtorgbank 103.430 104.562 143.250 178.750 111.312 ...

Sakhaneftegaz AGM put off indefinitely.

Sep 01, 2006 ... Sakhaneftegaz AGM put off indefinitely MOSCOW. Sept 1 (Interfax) - The annual general meeting of oil and gas company Sakhaneftegaz (RTS: SANG), scheduled for September 16, has been postponed indefinitely. The board of directors decided on August 22 to postpone the ...

VimpelCom to keep its capex forecast at $1.6 bln.

Sep 01, 2006 ... VimpelCom to keep its capex forecast at $1.6 bln MOSCOW. Sept 1 (Interfax) - Russia's No. 2 cellular provider VimpelCom (RTS: VIMP) is keeping its capital expenditure forecast at $1.6 billion for 2006, ...

Russians prefer cars costing $5,000-$10,000.

Sep 01, 2006 ... Russians prefer cars costing $5,000-$10,000 MOSCOW. Sept 1 (Interfax) - Russian consumers in 2005 gave preference to automobiles in the $5,000-$10,000 price range, which accounts for about 46% of new car sales, acting Industry and Energy Minister Andrei Reus said at a press ...

Ministry to consider revoking Yukos, Slavneft licenses.

Sep 01, 2006 ... Ministry to consider revoking Yukos, Slavneft licenses MOSCOW. Sept 1 (Interfax) - The Russian Natural Resource Ministry's commission for the early revocation of licenses is to meet in the near future to consider materials from a check into the ...

Results for trading of listed shares in RTS at 13.00 MSK Part 1.

Sep 01, 2006 ... Results for trading of listed shares in RTS at 13.00 MSK Part 1 01.09.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1000.0 1200.0 - - - Aeroflot 2.05 2.3 - - - AG Capital INTERRA MF 0.899 0.918 - - - PAVA 0.2 ...

IFC receives option on Alliance shares (part 2).

Sep 01, 2006 ... IFC receives option on Alliance shares (part 2) MOSCOW. Sept 1 (Interfax) - The International Finance Corporation, which provided Alliance Oil Company with a credit of up to $25 million in June this year, has received a five-year option to buy the company's shares. ...

Chelyabinsk Zinc Plant plans 6.4% share issue (Part 2).

Sep 01, 2006 ... Chelyabinsk Zinc Plant plans 6.4% share issue (Part 2) MOSCOW. Sept 1 (Interfax) - Chelyabinsk Zinc Plant, a member of the ChTPZ metals group, plans to place an additional share issue worth 6.4% of its charter capital. The plant said in a statement that its board of ...

TVEL ready to almost double nuclear fuel shipments by 2008.

Sep 01, 2006 ... TVEL ready to almost double nuclear fuel shipments by 2008 MOSCOW. Sept 1 (Interfax) - Russia's TVEL nuclear fuel corporation is prepared to almost double fuel supplies to nuclear power plants in Russia and abroad by 2008, Anton Badenkov, TVEL's acting president, said in an ...

VimpelCom to keep its capex forecast at $1.6 bln (Part 2).

Sep 01, 2006 ... VimpelCom to keep its capex forecast at $1.6 bln (Part 2) MOSCOW. Sept 1 (Interfax) - Russia's No. 2 cellular provider VimpelCom (RTS: VIMP) is keeping its capital expenditure forecast at $1.6 billion for 2006, Alexander Izosimov, the company's general director, said at a Friday ...

IFC receives option on Alliance shares.

Sep 01, 2006 ... IFC receives option on Alliance shares MOSCOW. Sept 1 (Interfax) - The International Finance Corporation, which provided Alliance Oil Company with a credit of up to $25 million in June this year, has received a five-year option to buy the company's shares. Alliance ...

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

Sep 01, 2006 ... Results for trading of listed shares in RTS at 15.00 MSK Part 1 01.09.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1000.0 1200.0 - - - Aeroflot 2.05 2.3 - - - AG Capital INTERRA MF 0.899 0.918 - - - PAVA 0.2 ...

RTS Index at 17.00 MSK.

Sep 01, 2006 ... RTS Index at 17.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.09.2006 17:01:00 1620.26 9738.866577 18363911.04 01.09.2006 16:59:26 1618.26 9726.845215 - 01.09.2006 16:58:31 1617.76 9723.839874 - 01.09.2006 16:58:29 1620.76 9741.871918 - 01.09.2006 16:58:27 1621.26 ...

Yesterday in Brief for September 1, 2006.

Sep 01, 2006 ... Yesterday in Brief for September 1, 2006 The following is a digest of headline news from August 31 to 11:30 a.m. on September 1: FOREIGN MINISTRY SAYS RUSSIA REGRETS IRAN'S DEFIANCE OF UN DEADLINE The Russian authorities have expressed regret over Iran's ...

Bashkortostan to auction six gold placers Oct 30.

Sep 01, 2006 ... Bashkortostan to auction six gold placers Oct 30 UFA. Sept 1 (Interfax) - The natural resources agency for Bashkortostan is holding auctions on October 30 for the exploration and mining rights to six placer gold properties, a source at the agency told Interfax. The ...

Russia should sell gas to Belarus at domestic prices - Lukashenko.

Sep 01, 2006 ... Russia should sell gas to Belarus at domestic prices - Lukashenko PINSK (Brest region). Sept 1 (Interfax) - The Russian authorities want Belarus to purchase Russian natural gas at a higher price than the price Germany has to pay, Belarussian President Alexander Lukashenko told ...

UES voucher investors receive 5160% revenue.

Sep 01, 2006 ... UES voucher investors receive 5160% revenue MOSCOW. Sept 1 (Interfax) - Revenue earned by investors that invested privatization vouchers in shares in Unified Energy System of Russia (RTS: EESR), since the start of privatization to the present day, amounts to 5160%, according to ...

Kyrgyzstan to hold new tender for uranium plant.

Sep 01, 2006 ... Kyrgyzstan to hold new tender for uranium plant BISHKEK. Sept 1 (Interfax) - Kyrgyzstan's government has decided to hold a new tender to sell 72.28% of the Kara Balta Mining Combine, a major Soviet-era uranium producer, according to an announcement published by the local press ...

VimpelCom H1 net profit grows 28.5%.

Sep 01, 2006 ... VimpelCom H1 net profit grows 28.5% MOSCOW. Sept 1 (Interfax) - Russia's No. 2 cellular provider VimpelCom (RTS: VIMP) net ...

Interfax complains to law enforcement about fake website.

Sep 01, 2006 ... Interfax complains to law enforcement about fake website MOSCOW. Sept 1 (Interfax) - Interfax news agency has complained to Russian law enforcement agencies about the appearance of a fake website at www.interfax-news.1gb.ru/news/moscow/31082006/36.html that, under the Interfax ...

Results for trading of listed shares in RTS at 13.00 MSK Part 2.

Sep 01, 2006 ... Results for trading of listed shares in RTS at 13.00 MSK Part 2 01.09.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - AG Capital INTERRA MF - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal ...

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

Sep 01, 2006 ... Results for trading of listed shares in RTS at 16.00 MSK Part 1 01.09.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1000.0 1200.0 - - - Aeroflot 2.05 2.3 - - - AG Capital INTERRA MF 0.899 0.918 - - - PAVA 0.2 ...

Armenian economy grows 11.6% in 7 mths.

Sep 01, 2006 ... Armenian economy grows 11.6% in 7 mths YEREVAN. Sept 1 (Interfax) - Armenia's GDP grew 11.6% year-on-year in January-July 2006 to 1.095 trillion dram ($2.765 billion), the National Statistical Service told Interfax. Industrial output (not including ...

MegaFon aims for 20% of Moscow cellular market by year's end.

Sep 01, 2006 ... MegaFon aims for 20% of Moscow cellular market by year's end MOSCOW. Sept 1 (Interfax) - Sonic Duo, the operator of MegaFon's cellular network in Moscow, aims to increase its share of the market to 20% by the end of 2006 from the current 17.7%, general director Igor Parfyonov ...

Gazprom's weight in MSCI Emerging Markets grows to 5%.

Sep 01, 2006 ... Gazprom's weight in MSCI Emerging Markets grows to 5% MOSCOW. Sept 1 (Interfax) - The weight of Gazprom (RTS: GAZP) shares in the Morgan Stanley Capital International (MSCI) Emerging Markets Index increased to 5% from September 1. Following a quarterly review of the ...

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

Sep 01, 2006 ... Results for trading of listed shares in RTS at 17.00 MSK Part 2 01.09.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - AG Capital INTERRA MF - - - - PAVA - - - - Pharmacy Chain 36.6 40.05 40.05 40.05 ...

UES selects Squire, Sanders & Dempsey as legal consultant.

Sep 01, 2006 ... UES selects Squire, Sanders & Dempsey as legal consultant MOSCOW. Sept 1 (Interfax) - Unified Energy System (UES) (RTS: EESR) has selected Squire, Sanders & Dempsey to be its legal consultant during the company's reorganization, the power holding said on its website. ...

Results for trading of listed shares in RTS at 14.00 MSK Part 1.

Sep 01, 2006 ... Results for trading of listed shares in RTS at 14.00 MSK Part 1 01.09.2006 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1000.0 1200.0 - - - Aeroflot 2.05 2.3 - - - AG Capital INTERRA MF 0.899 0.918 - - - PAVA 0.2 ...

Ban on mobile phone use will remain in effect on Russian airlines.

Sep 01, 2006 ... Ban on mobile phone use will remain in effect on Russian airlines MOSCOW. Sept 1 (Interfax) - Passengers on Russian airlines will not be able to use mobile phones during flights for the foreseeable future. Almost all world air companies ban the use of electronic ...

Iranian nuclear problem must be resolved on NPT basis - Lavrov.

Sep 01, 2006 ... Iranian nuclear problem must be resolved on NPT basis - Lavrov MOSCOW. Sept 1 (Interfax) - The sextet of the five permanent members of the UN Security Council and Germany will decide on the Iranian nuclear problem proceeding from the need to observe the Nuclear Nonproliferation ...

Belarus budget surplus 1.45% of GDP in 7 mths.

Sep 01, 2006 ... Belarus budget surplus 1.45% of GDP in 7 mths MINSK. Sept 1 (Interfax) - Belarus had a budget surplus of 597 billion Belarussian rubles or 1.45% of GDP in the first seven months of 2006, a Finance Ministry source told Interfax. Revenue totaled 15.227 trillion rubles ...

Tender for Yakutia coal shares may be called by Oct 15 - ministry (Part 2).

Sep 01, 2006 ... Tender for Yakutia coal shares may be called by Oct 15 - ministry (Part 2) MOSCOW. Sept 1 (Interfax) - A tender for the Republic of Yakutia's 75% minus one share in the Yakutugol coal producer and 39.4% of the Elgaugol coal company could be announced by October 15, a ...

EBRD increases credit line for Bank of Baku.

Sep 01, 2006 ... EBRD increases credit line for Bank of Baku BAKU. Sept 1 (Interfax) - The European Bank for Reconstruction and Development has doubled the size of a credit line for the Bank of Baku to finance foreign trade operations to $4 million, the EBRD said in an official statement. ...

Zenit plans to offer up to $250 mln in Eurobonds by end 2006.

Sep 01, 2006 ... Zenit plans to offer up to $250 mln in Eurobonds by end 2006 MOSCOW. Sept 1 (Interfax) - The Zenit (RTS: ZENT) plans by the end of this year to offer up to $250 million in Eurobonds, a source in banking circles told Interfax. Citigroup will organize the placement, the ...

Results of forex trading on MICEX on 01.09.2006.

Sep 01, 2006 ... Results of forex trading on MICEX on 01.09.2006 Instrument Min. Max. Closing Average "Volume", Quantity price price price price $ USDTOM_UTS 26.7305 26.79 26.785 26.7584 1093669000 538 USDTOD_UTS 26.735 26.769 ...

RTS Index at 12.00 MSK.

Sep 01, 2006 ... RTS Index at 12.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.09.2006 11:49:36 1631.81 9808.289947 1659070 01.09.2006 11:44:44 1631.73 9807.809093 - 01.09.2006 11:44:30 1631.75 9807.929306 - 01.09.2006 11:43:33 1632.25 9810.934647 - 01.09.2006 11:40:37 1633.32 ...

Official exchange rates for CIS and Baltic nations as of 01.09.2006.

Sep 01, 2006 ... Official exchange rates for CIS and Baltic nations as of 01.09.2006 Country Currency Date For $1 For 1 ruble For 1 EUR Azerbaijan manat 01.94 0.8813 0.0329 1.13 Armenia dram 11.93 395.89 14.81 508.76 Georgia lari 09.95 1.744 0.0652 2.2414 Belarus bel.ruble 07.93 2141 80.10 ...

Oil export duty to reach $237.6 per tonne from Oct 1 - Ministry.

Sep 01, 2006 ... Oil export duty to reach $237.6 per tonne from Oct 1 - Ministry MOSCOW. Sept 1 (Interfax) - The export duty on oil will amount to $237.6 ...

Sanctions against Iran possible only after six-nation meeting - Ivanov.

Sep 01, 2006 ... Sanctions against Iran possible only after six-nation meeting - Ivanov MOSCOW. Sept 1 (Interfax-AVN) - The imposition of sanctions against Iran can be considered only after a September 6 meeting of the foreign ministers of the UN Security Council's five permanent member states ...

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

Sep 01, 2006 ... Results for trading of listed shares in RTS at 12.00 MSK Part 2 01.09.2006 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - AG Capital INTERRA MF - - - - PAVA - - - - Pharmacy Chain 36.6 - - - - Severstal ...

Chubais forecasts energy shortage this winter.

Sep 01, 2006 ... Chubais forecasts energy shortage this winter MOSCOW. Sept 1 (Interfax) - CEO of Unified Energy System (UES) (RTS: EESR) Anatoly Chubais is predicting that a number of Russian regions will experience a shortage of electricity this winter. "We will have a very serious ...

Belarussian GDP expected to grow 9.2% in 2006.

Sep 01, 2006 ... Belarussian GDP expected to grow 9.2% in 2006 MOSCOW. Sept 1 (Interfax) - Belarussian GDP could grow 9.2% in 2006, the Economics Ministry said citing a macroeconomic ...

Rosneft still confident Yukos able to clear debt.

Sep 01, 2006 ... Rosneft still confident Yukos able to clear debt MOSCOW. Sept 1 (Interfax) - Rosneft (RTS: ROSN) is still confident that Yukos (RTS: YUKO) has enough funds and assets to settle its debts to creditors, of which Rosneft is one of the biggest, Sergei Bogdanchikov, Rosneft's ...

FTS pays 1.807 trln rubles to budget in 8 mths.

Sep 01, 2006 ... FTS pays 1.807 trln rubles to budget in 8 mths MOSCOW. Sept 1 (Interfax) - The Federal Customs Service (FTS) paid 1.807 trillion rubles to the federal budget in January-August 2006, the FTS said in a ...

Evraz's NKMK decommissioning old Siemens heating furnaces.

Sep 01, 2006 ... Evraz's NKMK decommissioning old Siemens heating furnaces KEMEROVO. Sept 1 (Interfax) - Novokuznetsk Iron & Steel Plant (NKMK), a major manufacturer of rail products that is part of the Evraz Group, has begun decommissioning three old Siemens heating furnaces, the plant said. ...

Russian political and economic calendar, Sept 1.

Sep 01, 2006 ... Russian political and economic calendar, Sept 1 MOSCOW. Sept 1 (Interfax) - The following are the announcements for Russian and the Newly Independent States for Sept 1. In Moscow: An interdepartmental meeting is to be held in the Economic Development and ...

Zenit to attract $75-mln syndicated credit.

Sep 01, 2006 ... Zenit to attract $75-mln syndicated credit MOSCOW. Sept 1 (Interfax) - Russia's Zenit bank plans to receive a syndicated credit of $75 million at the end of September, Roman Pivkov, head of the bank's investment department, said. Commerzbank, ING, RZB and SMBC are the ...

Daily Headline News for September 1, 2006.

Sep 01, 2006 ... Daily Headline News for September 1, 2006 The following is a digest of headline news as of 5:30 p.m. on September 1, 2006: RUSSIA'S 'DACHA AMNESTY' LAW IN EFFECT The law simplifying the procedure for registration of country property came into effect in Russia on ...

RTS Index at 15.00 MSK.

Sep 01, 2006 ... RTS Index at 15.00 MSK Time RTS Index, RTS Index, Rub Trade volume, $ 01.09.2006 15:03:43 1628.61 9789.055767 11860971.6 01.09.2006 14:46:42 1628.70 9789.596728 - 01.09.2006 14:27:42 1628.94 9791.039292 - 01.09.2006 14:22:06 1628.94 9791.039292 - 01.09.2006 14:20:38 1628.96 ...

Liberalization of energy market won't affect public over next 2-3 yrs - Chubais.

Sep 01, 2006 ... Liberalization of energy market won't affect public over next 2-3 yrs - Chubais MOSCOW. Sept 1 (Interfax) - The liberalization of the Russian energy market will not affect the public for the next two to three years at least, Anatoly Chubais, CEO of Unified Energy System (UES) ...

Two cos bid for Kemerovo coking coal property.

Sep 01, 2006 ... Two cos bid for Kemerovo coking coal property KEMEROVO. Sept 1 (Interfax) - Two companies have submitted bids in the September 14 tender for the rights to the Serafimovsky block of the Ushakovskoye coal deposit in the Kemerovo region's Promyshlennovsky district. ...

Moscow phone co to introduce 3 rate plans, including per-minute.

Sep 01, 2006 ... Moscow phone co to introduce 3 rate plans, including per-minute MOSCOW. Sept 1 (Interfax) - The Moscow City Telephone Network (RTS: MGTS) plans to introduce three rate plans in the fourth quarter: a per- minute plan, a fixed subscription fee, and a plan that combines the two ...