Russia & CIS Business and Financial Newswire back issues from February 2007:
Shymkent oil refinery increases oil processing 2.5% in 2006.
Feb 01, 2007 ... Shymkent oil refinery increases oil processing 2.5% in 2006 ALMATY. Feb 1 (Interfax) - The Shymkent oil refinery, a branch of the oil producing company PetroKazakhstan, increased oil refining by 2.5% in 2006 compared to 2005, PetroKazakhstan said in a press release. ...
Citibank Ukraine boosts assets 69%.
Feb 01, 2007 ... Citibank Ukraine boosts assets 69% KYIV. Feb 1 (Interfax-Ukraine) - Citibank Ukraine (Kyiv) saw assets grow 69% in 2006 to 2.66 billion hryvnia, the bank said in a press release. Loans increased 92% to 1.69 billion hryvnia. Bank liabilities went up 75% to 2.4 billion ...
Russia should reduce inflation to 4%-5% in coming years - Putin.
Feb 01, 2007 ... Russia should reduce inflation to 4%-5% in coming years - Putin MOSCOW. Feb 1 (Interfax) - Russia should reduce inflation to 4%-5% in the coming years, Russian President Vladimir Putin said at a ...
Putin invites potential partners to Russo-Kazakh atomic energy project.
Feb 01, 2007 ... Putin invites potential partners to Russo-Kazakh atomic energy project MOSCOW. Feb 1 (Interfax) - President Vladimir Putin has invited all interested potential partners to join the Russo-Kazakh atomic energy project. "We have reached an agreement with Kazakhstan in ...
Putin expects fierce, dignified rivalry between pro-presidential parties.
Feb 01, 2007 ... Putin expects fierce, dignified rivalry between pro-presidential parties MOSCOW. Feb 1 (Interfax) - Political rivalry between the pro- presidential parties of United Russia and Fair Russia in the upcoming parliamentary elections will be fundamental, but it should not include ...
Russia will not abandon plans for Union State - Putin (Part 3).
Feb 01, 2007 ... Russia will not abandon plans for Union State - Putin (Part 3) MOSCOW. Feb 1 (Interfax) - Russia will not abandon its plans to establish the Russia-Belarus Union State, President Vladimir Putin told a Thursday press conference in the Kremlin. "Belarus and Russia will ...
If Soviet soldiers' remains are removed from Tallinn, they should be buried in Russia - Putin.
Feb 01, 2007 ... If Soviet soldiers' remains are removed from Tallinn, they should be buried in Russia - Putin MOSCOW. Feb 1 (Interfax) - Should the Soviet Soldier Liberator monument in Tallinn, Estonia, be demounted and the remains of the soldiers buried there be exhumed for reburial, then ...
UMMC produces record 354,258 tonnes of cathode copper in 2006.
Feb 01, 2007 ... UMMC produces record 354,258 tonnes of cathode copper in 2006 YEKATERINBURG. Feb 1 (Interfax) - Uralelektromed, the flagship enterprise of Urals Mining and Metallurgical Company (UMMC), produced a record 354,258 tonnes of cathode copper in 2006 - 0.4% more than in 2005, UMMC's ...
Stocks climb to 1870 mark on RTS index on oil cos (Part 2).
Feb 01, 2007 ... Stocks climb to 1870 mark on RTS index on oil cos (Part 2) MOSCOW. Feb 1 (Interfax) -Russian stocks climbed to the 1870 mark on the benchmark RTS stock market index Thursday afternoon as most blue chips are posting gains on the back of growing oil prices. Stocks are ...
Russian uranium producer Priargun boosts revenue 18% in 2006.
Feb 01, 2007 ... Russian uranium producer Priargun boosts revenue 18% in 2006 MOSCOW. Feb 1 (Interfax) - Priargun Mining Chemicals Association, Russia's biggest uranium producer, boosted sales revenue 18% in 2006 to 5.677 billion rubles, the state-owned TVEL nuclear fuel ...
No conspiracy against Russia evident in recent high-profile crimes - Putin.
Feb 01, 2007 ... No conspiracy against Russia evident in recent high-profile crimes - Putin MOSCOW. Feb 1 (Interfax) - There is no evidence of any conspiracy against Russia in a series of recent high-profile murders, including the murder of reporter Anna Politkovskaya and former Federal Security ...
New charges to be brought against Khodorkovsky on Feb 5 - lawyer (Part 2).
Feb 01, 2007 ... New charges to be brought against Khodorkovsky on Feb 5 - lawyer (Part 2) MOSCOW. Feb 1 (Interfax) - The Russian Prosecutor General's Office plans to bring new charges against former Yukos head Mikhail Khodorkovsky on February 5, a lawyer has said. "Charges will be ...
Putin considers gas OPEC an interesting idea.
Feb 01, 2007 ... Putin considers gas OPEC an interesting idea MOSCOW. Feb 1 (Interfax) - Russian President Vladimir Putin considers the setting up of a gas OPEC to be an ...
RUSSIAN CENTRAL BANK'S CURRENCY MARKET LIBERALIZATION POLICY HAS JUSTIFIED ITSELF - PUTIN.
Feb 01, 2007 ... RUSSIAN CENTRAL BANK'S CURRENCY MARKET ...
Gas prices in Russia will always be 30%-45% cheaper than abroad - Putin.
Feb 01, 2007 ... Gas prices in Russia will always be 30%-45% cheaper than abroad - Putin MOSCOW. Feb 1 (Interfax) - Gas prices in Russia will gradually increase, but in any case they will be lower than abroad by 30%-45%, Russian President Vladimir Putin said at a Thursday press conference. ...
MMK acquires 51% of Chelyabinsk iron ore producer.
Feb 01, 2007 ... MMK acquires 51% of Chelyabinsk iron ore producer MOSCOW. Feb 1 (Interfax) - Magnitogorsk Iron & Steel Works (MMK) (RTS: MAGN) has acquired a 51% interest in the limited liability company Bakalskoye Mining, an iron ore producer from the Chelyabinsk region, MMK said in a ...
PetroKazakhstan increases oil production by 24% in 2006.
Feb 01, 2007 ... PetroKazakhstan increases oil production by 24% in 2006 ALMATY. Feb 1 (Interfax-Kazakhstan) - The PetroKazakhstan oil company increased oil extraction by 24% in 2006. "Overall extraction, including the company's 50% share in KazGerMunai and Turgai Petroleum amounted ...
KazMunaiGaz to receive loan to buy 50% of CITIC Canada Petroleum.
Feb 01, 2007 ... KazMunaiGaz to receive loan to buy 50% of CITIC Canada Petroleum ASTANA. Feb 1 (Interfax-Kazakhstan) - Kazakh national oil and gas company Kyrgyzneftegaz plans to attract a loan under guarantees from CITIC Group to acquire 50% of CITIC Canada Petroleum Limited (formerly Nations ...
Results for trading of listed shares in RTS at 17.00 MSK Part 2.
Feb 01, 2007 ... Results for trading of listed shares in RTS at 17.00 MSK Part 2 01.02.2007 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - AG Capital INTERRA MF - - - - PAVA - - - - Pharmacy Chain 36.6 59.5 60.0 59.5714 ...
Official exchange rates for CIS and Baltic nations as of 01.02.2007.
Feb 01, 2007 ... Official exchange rates for CIS and Baltic nations as of 01.02.2007 Country Currency Date For $1 For 1 ruble For 1 EUR Azerbaijan manat 01.94 0.8705 0.0329 1.13 Armenia dram * 11.93 359.35 13.54 466.15 Georgia lari 09.95 1.7199 0.0648 2.225 Belarus bel.ruble 07.93 2140 80.61 ...
Putin expects larger Russian demand for coal.
Feb 01, 2007 ... Putin expects larger Russian demand for coal MOSCOW. Feb 1 (Interfax) - The share of coal in Russia's fuel balance will grow as fuel charges level, President Vladimir Putin told a Thursday press conference at the Kremlin. "If we act carefully, protect the interests of ...
AVERAGE WEIGHTED YIELD OF OBR-3 AT AUCTION - 5.02%.
Feb 01, 2007 ... AVERAGE WEIGHTED YIELD OF OBR-3 AT AUCTION - ...
Polymetal IPO order book fully subscribed - source.
Feb 01, 2007 ... Polymetal IPO order book fully subscribed - source MOSCOW. Feb 1 (Interfax) - No. 1 Russian silver producer Polymetal's IPO order book was fully subscribed on Wednesday, a source in banking circles told Interfax. The road show is currently in North America. It began ...
Bill on foreign investors' access to strategic companies sets clear rules - deputy.
Feb 01, 2007 ... Bill on foreign investors' access to strategic companies sets clear rules - deputy MOSCOW. Feb 1 (Interfax) - The Russian government's decision to approve a bill on foreign investors' share in strategic companies' capital sets clear rules regulating relations with foreign ...
Illiquid securities should not be traded anonymously - regulator.
Feb 01, 2007 ... Illiquid securities should not be traded anonymously - regulator MOSCOW. Feb 1 (Interfax) - Illiquid securities should not traded anonymously, Vladislav Streltsov, deputy head of the Federal Financial Markets Service (FFMS), told reporters. "Illiquid paper should not ...
RUSAL could start building Novosibirsk can factory in spring.
Feb 01, 2007 ... RUSAL could start building Novosibirsk can factory in spring NOVOSIBIRSK. Feb 1 (Interfax) - Russian aluminum giant RUSAL could start to build an aluminum can factory in Koltsovo near Novosibirsk in the spring, the head of Koltsovo's administration, told Interfax. ...
S&P raises Sistema, subsidiaries' outlook to positive, affirms ratings.
Feb 01, 2007 ... S&P raises Sistema, subsidiaries' outlook to positive, affirms ratings MOSCOW. Feb 1 (Interfax) - Standard & Poor's Ratings Services has revised its outlook on Russia's leading industrial and consumer services conglomerate, Sistema (RTS: AFKS) and on Sistema subsidiaries Mobile ...
PUTIN PLANS TO ANNOUNCE HIS PREFERENCES REGARDING PRESIDENTIAL CANDIDATES ONLY DURING ELECTION CAMPAIGN.
Feb 01, 2007 ... PUTIN PLANS TO ANNOUNCE HIS PREFERENCES REGARDING ...
Russia chose not to raise gas prices for Belarus in 2005-6 to avoid problems at elections - Putin.
Feb 01, 2007 ... Russia chose not to raise gas prices for Belarus in 2005-6 to avoid problems at elections - Putin MOSCOW. Feb 1 (Interfax) - Russia chose not to raise gas prices for Belarus before the beginning of 2006 because it did not want to create political problems in the country ahead of ...
Russia exported 197.5 bcm of gas in 2006 - customs.
Feb 01, 2007 ... Russia exported 197.5 bcm of gas in 2006 - customs MOSCOW. Feb 1 (Interfax) - Russia exported 197.5 billion cubic meters of gas in 2006, including 151 bcm ...
New charges to be brought against Khodorkovsky on Feb 5 - lawyer.
Feb 01, 2007 ... New charges to be brought against Khodorkovsky on Feb 5 - lawyer MOSCOW. Feb 1 (Interfax) - The Russian Prosecutor General's Office plans to bring new charges against former Yukos head Mikhail Khodorkovsky on ...
Russian political and economic calendar: Feb 1.
Feb 01, 2007 ... Russian political and economic calendar: Feb 1 MOSCOW. Feb 1 (Interfax) - The political and economic calendar for Feb 1 is as follows: In Moscow: Russian President Vladimir Putin is to meet with Russian and foreign journalists in the Kremlin. (12:00) ...
ISS partners to spend about $100Bln by 2015.
Feb 01, 2007 ... ISS partners to spend about $100Bln by 2015 MOSCOW. Feb 1 (Interfax-AVN) - The International Space Station (ISS) is the largest multinational cooperation in history, Energia Deputy President Alexander Derechin said in Moscow on Thursday. "The investment of the 20 ...
Baku, Yerevan need to work to find solution to Karabakh problem - Putin.
Feb 01, 2007 ... Baku, Yerevan need to work to find solution to Karabakh problem - Putin MOSCOW. Feb 1 (Interfax) - Armenia and Azerbaijan should find a solution to the Nagorno-Karabakh problem themselves without shifting responsibility to Russia, Russian President Vladimir Putin said. ...
Putin says economic growth still rapid, targets 4%-5% inflation.
Feb 01, 2007 ... Putin says economic growth still rapid, targets 4%-5% inflation MOSCOW. Feb 1 (Interfax) - Russia sustained rapid economic growth last year, President Vladimir Putin told a press conference at the Kremlin. Putin said capital inflow last year met the country's best ...
BURGAS-ALEXANDROUPOLIS OIL PIPELINE PROJECT IMPORTANT FOR CONSUMERS OF RUSSIAN OIL IN EUROPE - PUTIN.
Feb 01, 2007 ... BURGAS-ALEXANDROUPOLIS OIL PIPELINE PROJECT ...
Russia to enlarge capacity of direct energy deliveries - Putin.
Feb 01, 2007 ... Russia to enlarge capacity of direct energy deliveries - Putin MOSCOW. Feb 1 (Interfax) - Russia will enlarge its capacity for direct energy deliveries to consumers, President Vladimir Putin told a press conference in the Kremlin on ...
Russia combating corruption resolutely - Putin.
Feb 01, 2007 ... Russia combating corruption resolutely - Putin MOSCOW.. Feb 1 (Interfax) - Russia is resolutely combating corruption, and this fight will continue, Russian President Vladimir Putin said. "A lot of corruption-related cases have been investigated of late. I ...
Russia knew about U.S. missile defense plans in advance - Putin.
Feb 01, 2007 ... Russia knew about U.S. missile defense plans in advance - Putin MOSCOW. Feb 1 (Interfax-AVN) - The Russian authorities knew about Washington's plans to deploy elements of its missile defense system in Europe beforehand, Russian President Vladimir Putin told a press conference in ...
U.S. SANCATIONS AGAINST RUSSIAN MILITARY-INDUSTRIAL COS IS A PROBLEM OF UNFAIR COMPETITION - PUTIN.
Feb 01, 2007 ... U.S. SANCATIONS AGAINST RUSSIAN ...
Post-election authorities must be united, efficient - Putin (Part 2).
Feb 01, 2007 ... Post-election authorities must be united, efficient - Putin (Part 2) MOSCOW. Feb 1 (Interfax) - All power branches must act in unison after the presidential elections, President Vladimir Putin told a press conference in the Kremlin on Thursday. "The authorities must ...
EBRD to buy 10% of Garadag-Cement from Holcim.
Feb 01, 2007 ... EBRD to buy 10% of Garadag-Cement from Holcim BAKU. Feb 1 (Interfax) - The European Bank for Reconstruction and Development is to acquire 10% of Garadag-Cement in Azerbaijan from Switzerland's Holcim for $10 million, EBRD Director for the Caucasus, Moldova and Belarus Michael ...
Absolut Bank raises $5 mln loan from EBRD.
Feb 01, 2007 ... Absolut Bank raises $5 mln loan from EBRD MOSCOW. Feb 1 (Interfax) - Absolut Bank has received the first tranche of a loan from the European Bank for Reconstruction and Development (EBRD) for $5 million, the Russian bank said in a press release. The loan was provided ...
Sakhalin-2 reserves still on Shell balance sheet.
Feb 01, 2007 ... Sakhalin-2 reserves still on Shell balance sheet LONDON. Feb 1 (Interfax) - Royal Dutch Shell has not yet removed Sakhalin-2 reserves from its balance sheet corresponding to the share in the project sold to Russia's Gazprom (RTS: GAZP), as the deal has not yet been finalized, ...
Russian base in Armenia not a threat to region, Baku - Putin.
Feb 01, 2007 ... Russian base in Armenia not a threat to region, Baku - Putin MOSCOW. Feb 1 (Interfax) - Russia's military base in Armenia is not directed against any state, including Azerbaijan, Russian President Vladimir Putin said at a press conference in the Kremlin on Thursday. ...
NLMK's Prokopyevskugol could be sold - Kemerovo governor.
Feb 01, 2007 ... NLMK's Prokopyevskugol could be sold - Kemerovo governor KEMEROVO. Feb 1 (Interfax) - Prokopyevskugol Coal Company, which is currently owned by Novolipetsk Steel (NLMK), could be sold, Aman Tuleyev, governor of the Kemerovo region, told reporters. "We agreed with ...
Nuclear energy crucial to the development of Siberia, Far East - Putin.
Feb 01, 2007 ... Nuclear energy crucial to the development of Siberia, Far East - Putin MOSCOW. Feb 1 (Interfax) - The development of Siberia and the Far East is impossible without nuclear energy, Russian President Vladimir Putin told a press conference on Thursday. "Considering our ...
RUSSIA'S STABILIZATION FUND GREW $10.6 BLN IN JANUARY TO NEARLY $100 BLN - MINFIN.
Feb 01, 2007 ... RUSSIA'S STABILIZATION FUND GREW $10.6 BLN IN ...
Kamaz plans to treble component exports in 2007.
Feb 01, 2007 ... Kamaz plans to treble component exports in 2007 KAZAN. Feb 1 (Interfax) - Kamaz (RTS: KMAZ) is planning to almost treble exports of kit components to more than 5,000 units in 2007, the truck maker said in a press release. Assembly production is being developed now ...
Gas exchange trading to take place monthly, and every 10 days.
Feb 01, 2007 ... Gas exchange trading to take place monthly, and every 10 days MOSCOW. Feb 1 (Interfax) - Gas trading on the Mezhregiongaz electronic trading floor as part of the 5+5 gas trading experiment by Gazprom and independent producers, will be held both monthly and every ten days, a ...
BSGV plans to open branch in Saratov.
Feb 01, 2007 ... BSGV plans to open branch in Saratov SARATOV. Feb 1 (Interfax) - Bank Societe Generale Vostok (BSGV), a 100% subsidiary of the Societe Generale banking group, is planning to open a branch in Saratov, the regional Investment Policy Ministry said in a press release. ...
Russia does not use economic levers to attain foreign political ends - Putin (Part 2).
Feb 01, 2007 ... Russia does not use economic levers to attain foreign political ends - Putin (Part 2) MOSCOW. Feb 1 (Interfax) - Russian President Vladimir Putin has rejected accusations that Russia uses its economic advantages to attain foreign political ends. "We have heard the ...
Gulf visit will promote Middle East settlement - Putin.
Feb 01, 2007 ... Gulf visit will promote Middle East settlement - Putin MOSCOW. Feb 1 (Interfax) - President Vladimir Putin has said his upcoming visit to the Gulf will be timely and will make a positive contribution to the Middle East settlement process. "I do not doubt that this ...
Putin to support presidential candidate only after start of campaign.
Feb 01, 2007 ... Putin to support presidential candidate only after start of campaign MOSCOW. Feb 1 (Interfax) - President Vladimir Putin said he will not waive his civil right to support a presidential candidate, but will do so only once the election ...
Kazakhstan's ATF Bank hires Citigroup, ING to organize Eurobond issue.
Feb 01, 2007 ... Kazakhstan's ATF Bank hires Citigroup, ING to organize Eurobond issue MOSCOW. Feb 1 (Interfax) - Kazakhstan's ATF Bank has hired Citigroup and ING to organize a Eurobond issue denominated in U.S. dollars, a source in banking circles told Interfax. The ...
Fradkov approves plan to implement mid-term development strategy.
Feb 01, 2007 ... Fradkov approves plan to implement mid-term development strategy MOSCOW. Feb 1 (Interfax) - Russian Prime Minister Mikhail Fradkov has confirmed an action plan the government will have to put into practice to reach the main social and economic development targets in the ...
Almaty Financial Center negotiates with RTS.
Feb 01, 2007 ... Almaty Financial Center negotiates with RTS ALMATY. Feb 1 (Interfax-Kazakhstan) - The Kazakh government agency that regulates the Regional Financial Center of Almaty (RFCA) is holding cooperation talks with the RTS. "We are currently negotiating with the RTS. The ...
Iran should lay suspicions about nuclear program to rest - Putin (Part 2).
Feb 01, 2007 ... Iran should lay suspicions about nuclear program to rest - Putin (Part 2) MOSCOW. Feb 1 (Interfax) - President Vladimir Putin has said that he expects Iran to restore its relations with the International Atomic Energy Agency (IAEA) and to relieve any suspicions about its nuclear ...
Putin highlights main achievements of his presidency.
Feb 01, 2007 ... Putin highlights main achievements of his presidency MOSCOW. Feb 1 (Interfax) - President Vladimir Putin has described restored territorial integrity, a stronger political system and economic growth as the main achievements of his ...
Russian GDP grew between 6.7% and 6.9% in 2006 - Putin (Part 2).
Feb 01, 2007 ... Russian GDP grew between 6.7% and 6.9% in 2006 - Putin (Part 2) MOSCOW. Feb 1 (Interfax) - Russian GDP grew, by various estimates, between 6.7% and 6.9% in 2006, Russian President Vladimir Putin said at a press conference on Thursday. "We'll know the final result in ...
Moody's assigns B1 rating to Bank Soyuz's notes.
Feb 01, 2007 ... Moody's assigns B1 rating to Bank Soyuz's notes MOSCOW. Feb 1 (Interfax) - Moody's Investors Service has assigned a rating of B1 to the Loan Participation Notes to be issued on a limited recourse basis by SB Funding Limited for the sole purpose of funding a loan to Bank Soyuz ...
Capitalization of Russian stock market increases 1.8% on Wednesday.
Feb 01, 2007 ... Capitalization of Russian stock market increases 1.8% on Wednesday MOSCOW. February 1 (Interfax) - The capitalization of the Russian stock market, based on Russian Trading System trading, increases 1.8%, or by $17.072 billion from the previous session, to $953.255 billion ...
Regulated energy tariffs for public to remain in place at least to 2015 - Putin.
Feb 01, 2007 ... Regulated energy tariffs for public to remain in place at least to 2015 - Putin MOSCOW. Feb 1 (Interfax) - Regulated energy tariffs for the public in Russia are to remain in place at least until 2015, Russian President Vladimir Putin said at a Thursday press conference. ...
Russia's gold, forex reserves up to $303.8 bln on January 26.
Feb 01, 2007 ... Russia's gold, forex reserves up to $303.8 bln on January 26 MOSCOW. February 1 (Interfax) - Russia's gold and foreign currency reserves were at $303.8 ...
Renault decides to double Avtoframos capacity.
Feb 01, 2007 ... Renault decides to double Avtoframos capacity MOSCOW. Feb 1 (Interfax) - French carmaker Renault and the Moscow government are to sign ...