Russia & CIS Business and Financial Newswire back issues from March 2009:
Medvedev hopes G20 will take effective steps to form new global financial system.
Mar 01, 2009 ... Medvedev hopes G20 will take effective steps to form new global financial system MOSCOW. March 1 (Interfax) - A G20 summit in London on April 2 could produce specific decisions on how a new global financial system could be formed, President Dmitry Medvedev said. "At ...
Lukoil's plans to buy into Repsol "interesting" - Medvedev.
Mar 01, 2009 ... Lukoil's plans to buy into Repsol "interesting" - Medvedev MOSCOW. March 1 (Interfax) - Russia and Spain must have their specific contours of energy cooperation, in which the Russian oil company Lukoil's (RTS: LKOH) bid to buy a stake in Repsol seems interesting, President ...
Russian political and economic calendar: March 2.(Calendar)
Mar 02, 2009 ... Russian political and economic calendar: March 2 MOSCOW. March 2 (Interfax) - The political and economic calendar in Moscow, Russia and Newly Independent States for March 2 is as follows: -2nd Global Investment and Finance Forum (Moscow, tel: +7 (495) 258-40- 11, +44(0)20 7183 ...
Moscow City Court upholds Chichvarkin's arrest in absentia (Part 2).
Mar 02, 2009 ... Moscow City Court upholds Chichvarkin's arrest in absentia (Part 2) MOSCOW. March 2 (Interfax) - The Moscow City Court has pronounced legal the 'in absentia' warrant for the arrest of former Evroset chief Yevgeny Chichvarkin on abduction charges. Thus, the warrant ...
Russian stocks open lower on Mon; MICEX index down 2.5%.
Mar 02, 2009 ... Russian stocks open lower on Mon; MICEX index down 2.5% MOSCOW. Mar 2 (Interfax) - The Russian blue chips fell at the open on Monday on declining indexes abroad and cheaper oil. The MICEX index fell below 650 points in the first minute of trading, down 2.54% to 649.13 ...
Results for trading of listed shares in RTS (classic) at 15:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (classic) at 15:00 MSK 02.03.2009 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - Belon - - - - Severstal - - - - ...
OGK-2 expects loss in 2008 at 920 mln-950 mln rubles.
Mar 02, 2009 ... OGK-2 expects loss in 2008 at 920 mln-950 mln rubles MOSCOW. March 2 (Interfax) - OGK-2 (RTS: OGKB) expects a net loss of 920 million-950 million rubles in 2008, General Director Stanislav Neveinitsyn told Interfax. The business plan targets a net profit of 500 ...
Russia boosts metals output in mid-Feb - source.
Mar 02, 2009 ... Russia boosts metals output in mid-Feb - source MOSCOW. March 2 (Interfax) - Russia boosted ferrous metals output 12.6% in the second ten days of February compared with the first ten days of last month to 1.3 million tonnes, an industry source told Interfax. ...
Putin urges change to Budget Code to fund budget deficit from Reserve Fund.
Mar 02, 2009 ... Putin urges change to Budget Code to fund budget deficit from Reserve Fund MOSCOW. March 2 (Interfax) - Russian Prime Minister Vladimir Putin has urged introducing amendments to the Budget Code to fund the 2009 budget deficit from the ...
Ukrainian employers delaying workers' salaries threatened with re- privatization.
Mar 02, 2009 ... Ukrainian employers delaying workers' salaries threatened with re- privatization KYIV. March 2 (Interfax) - Companies which are not paying salaries to their staff could be nationalized, Ukrainian Prime Minister Yulia Tymoshenko said. "If the so-called fictitious ...
Russian stock market slows descent owing to decent U.S. stats.
Mar 02, 2009 ... Russian stock market slows descent owing to decent U.S. stats MOSCOW. Mar 2 (Interfax) - The Russian stock market was able to slow its descent on Monday, held up by decent U.S. household expense stats. Benchmark stocks on the RTS Index and the MICEX Stock Exchange ...
Russia's Severstal to release IFRS results for 2008 on March 11.
Mar 02, 2009 ... Russia's Severstal to release IFRS results for 2008 on March 11 MOSCOW. March 2 (Interfax) - Russian steelmaker Severstal (RTS: CHMF) will publish its financial results for 2008 under International Financial Reporting Standards (IFRS) on March 11, the company said in a ...
Financial situation of many defense enterprises concerns govt - deputy PM (Part 2).
Mar 02, 2009 ... Financial situation of many defense enterprises concerns govt - deputy PM (Part 2) MOSCOW. March 2 (Interfax-AVN) - A number of Russian defense enterprises, especially those producing civil goods, have found themselves in a complicated financial situation, Deputy Russian Prime ...
Results for trading of listed shares in RTS (prefunded) at 13:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (prefunded) at 13:00 MSK 02.03.2009 Company Best Best Last, Cur.vol., Cur.vol., bid,rub ask,rub rub rub shares Sistema Joint Stock 5 5.4 5.5 43995 7999 Aeroflot - - - - - Akron - - - - - Pharmacy Chain 36.6 - - - ...
Naftogaz Ukrainy forecasts 2009 revenue at 92.5 bln hryvni.
Mar 02, 2009 ... Naftogaz Ukrainy forecasts 2009 revenue at 92.5 bln hryvni KYIV. March 2 (Interfax) - Naftogaz Ukrainy expects revenue from all sources to total almost 92.5 billion hryvni in 2009, the national oil and gas company said in its draft financial plan submitted to the Cabinet, the ...
Reserve Fund at 4.9 trillion rubles, Welfare Fund - 3 trillion on March 1 - ministry (Part 2).
Mar 02, 2009 ... Reserve Fund at 4.9 trillion rubles, Welfare Fund - 3 trillion on March 1 - ministry (Part 2) MOSCOW. March 2 (Interfax) - Russia's Reserve Fund totaled 4.87 trillion rubles ($136.33 billion) and the Welfare Fund stood at 2.996 trillion rubles ($83.86 billion) as of March 1, the ...
Russia plans to cut budget deficit to 3% of GDP in 2011 - Kudrin.
Mar 02, 2009 ... Russia plans to cut budget deficit to 3% of GDP in 2011 - Kudrin MOSCOW. Mar 2 (Interfax) - The Russia plans to cut the federal budget deficit to 3% of GDP in 2011, Deputy Prime Minister and Finance Minister ...
Russian customs revenue down 41.5% in Feb.
Mar 02, 2009 ... Russian customs revenue down 41.5% in Feb MOSCOW. March 2 (Interfax) - The Russian Federal Customs Service (FCS) collected 219.76 billion rubles in customs revenue in February, or 41.5% less than in ...
Ukraine had budget deficit of 1.3% of GDP in 2008.
Mar 02, 2009 ... Ukraine had budget deficit of 1.3% of GDP in 2008 KYIV. March 2 (Interfax) - Ukraine has a budget deficit of UAH 12.501 billion or 1.3% of GDP in 2008 - less than the targeted UAH 25.02 billion or 2.6%, the Ukrainian Finance Ministry said on its website. Budget ...
Mechel boosts RAS earnings 44% to 48 bln rubles in 2008.
Mar 02, 2009 ... Mechel boosts RAS earnings 44% to 48 bln rubles in 2008 MOSCOW. March 2 (Interfax) - OJSC Mechel (RTS: MTLR) boosted net profit to Russian Accounting Standards (RAS) 44% in 2008 to 48.085 billion rubles, the company said. The company had net losses of 13.176 ...
Results for trading of listed shares in RTS (classic) at 13:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (classic) at 13:00 MSK 02.03.2009 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 0.131 0.17 - - - Aeroflot 0.65 0.79 - - - Akron 13 15 - - - Pharmacy Chain 36.6 1.2 2.2 - - ...
PUTIN SAYS BUDGET CODE SHOULD BE ADJUSTED IN ORDER TO CHANGE PROCEDURE OF FINANCING BUDGET DEFICIT FROM RESERVE FUND.
Mar 02, 2009 ... PUTIN SAYS BUDGET CODE SHOULD BE ADJUSTED IN ORDER TO CHANGE ...
Aggregated results for trading of shares in RTS.
Mar 02, 2009 ... Aggregated results for trading of shares in RTS 02.03.2009 Company Average Market Market Volume, Volume, price,rub price1,rubprice2,rub ths.rub shares Sistema Joint Stock 5.45 - - 87.2 16000 ANK Bashneft 191.028 189.229 183.733 322.65 1689 Corp.Service ...
TGK-1 revises 2009 profit forecast upward.
Mar 02, 2009 ... TGK-1 revises 2009 profit forecast upward ST. PETERSBURG. March 2 (Interfax) - The board of directors of TGK-1 (RTS: TGKA) has approved the 2009 business plan that revises the profit forecast upward to 367 million rubles, the genco said in a statement. The ...
Banks get 14.3 bln rubles at 3-mth unsecured loans auction, cut-off 16.17% (Part 2).
Mar 02, 2009 ... Banks get 14.3 bln rubles at 3-mth unsecured loans auction, cut-off 16.17% (Part 2) MOSCOW. March 2 (Interfax) - The cut-off rate at Monday's auction among banks for three-month unsecured loans was 16.17%, the Central Bank of Russia said. The CB placed 14.30 billion ...
Armenian copper concentrate production plummets 45% in Jan.
Mar 02, 2009 ... Armenian copper concentrate production plummets 45% in Jan YEREVAN. March 2 (Interfax) - Armenia reduced copper concentrate production 45.2% year-on-year in January to 6,250 tonnes, the National Statistics Service said. Converter copper production ...
RUSSIA PLANS TO ALLOCATE ABOUT 8 BLN RUBLES TO PREVENT BANKRUPTCIES AT STRATEGIC ENTERPRISES - SERGEI IVANOV.
Mar 02, 2009 ... RUSSIA PLANS TO ALLOCATE ABOUT 8 BLN RUBLES TO PREVENT ...
RussNeft to boost oil production in Tomsk region by 19% in 2009.
Mar 02, 2009 ... RussNeft to boost oil production in Tomsk region by 19% in 2009 TOMSK. March 2 (Interfax) - Tomsk Neft, a subsidiary of RussNeft (RTS: RUSN), is planning to increase oil production 18.6% to 268,689 tonnes in 2009, the Tomsk regional administration's department for subsurface ...
Results for trading of listed shares in RTS (classic) at 16:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (classic) at 16:00 MSK 02.03.2009 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - Belon - - - - Severstal - - - - ...
Gazprom Neft to open office in Serbia.
Mar 02, 2009 ... Gazprom Neft to open office in Serbia MOSCOW. March 2 (Interfax) - The board of directors at Russian oil producer Gazprom Neft (RTS: SIBN) decided at a meeting on February 24 to open a representative office in Belgrade, Serbia, the company said in a statement. ...
Dollar and euro post strong gains in MICEX trading.
Mar 02, 2009 ... Dollar and euro post strong gains in MICEX trading MOSCOW. Mar 2 (Interfax) - The U.S. dollar and the euro both posted steady gains in MICEX trading on Monday. The ruble weakened vis-a-vis the bicurrency basket owing to the end of the tax period. The dollar gained 14.5 kopecks ...
Telekom Austria chief to replace Izosimov as VimpelCom CEO (Part 2).
Mar 02, 2009 ... Telekom Austria chief to replace Izosimov as VimpelCom CEO (Part 2) MOSCOW. March 2 (Interfax) - VimpelCom (RTS: VIMP) will appoint Telekom Austria chief Boris Nemsic as chief executive instead of Alexander Izosimov, who plans to step down as CEO and general director on April 2, ...
Rosneft, BP let license to Sakhalin-4 section expire.
Mar 02, 2009 ... Rosneft, BP let license to Sakhalin-4 section expire MOSCOW. March 2 (Interfax) - Rosneft (RTS: ROSN) and BP have decided against extending the license to the West Shmidt section, part of the Sakhalin-4 project territory, a source familiar with the project told Interfax. ...
Russian nuclear power plants reduce output 6.3% in Jan-Feb.
Mar 02, 2009 ... Russian nuclear power plants reduce output 6.3% in Jan-Feb MOSCOW. March 2 (Interfax) - Russian nuclear power plants reduced electricity production 6.3% to 26.8 billion kilowatt hours in January- February 2009 compared to the same period of 2008 due to low demand, the Energoatom ...
Results for trading of listed shares in RTS (prefunded) at 12:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (prefunded) at 12:00 MSK 02.03.2009 Company Best Best Last, Cur.vol., Cur.vol., bid,rub ask,rub rub rub shares Sistema Joint Stock 5 5.5 5.5 16500 3000 Aeroflot - - - - - Akron - - - - - Pharmacy Chain 36.6 - - - ...
Perm's Mineral Fertilizers boost net profit 34% in 2008.(Financial report)
Mar 02, 2009 ... Perm's Mineral Fertilizers boost net profit 34% in 2008 PERM. Mar 2 (Interfax) - Perm-based OJSC Mineral Fertilizers (RTS: MINU) posted 137.228 million rubles in net profit according to Russian accounting standards (RAS) in the fourth quarter of 2008, down from 576.697 million ...
Russian Eurobonds continue to decline, spread widens.
Mar 02, 2009 ... Russian Eurobonds continue to decline, spread widens MOSCOW. Mar 2 (Interfax) - Quotations on Russian Eurobonds continued to slide on Monday leading to a widening of spread with US Treasuries. By 6:00 pm Moscow time, Russia-30 dropped by 101 basis points to 87.43% ...
Official exchange rates for CIS and Baltic nations as of 02.03.2009.
Mar 02, 2009 ... Official exchange rates for CIS and Baltic nations as of 02.03.2009 Coutry Currency For $1 For 1 For 1 ruble EUR Azerbaijan manat 0.8054 0.0224 1.0123 Armenia dram 305.75 8.46 385.71 Georgia lari 1.684 0.047144 2.1308 Belarus bel.ruble 2858 80.01 3613.08 Kazakhstan ...
Severstal could invest $10 mln in Liberian iron ore exploration in 3 yrs - reports.
Mar 02, 2009 ... Severstal could invest $10 mln in Liberian iron ore exploration in 3 yrs - reports MOSCOW. March 2 (Interfax) - Severstal (RTS: CHMF) could invest between $7 million and $10 million in iron ore exploration in Liberia by 2011-2012, African media reports said. The ...
Khodorkovsky sees signs of institutional changes in crisis-stricken Russia.
Mar 02, 2009 ... Khodorkovsky sees signs of institutional changes in crisis-stricken Russia MOSCOW. March 2 (Interfax) - The financial and economic crisis is a good time for institutional changes, former Yukos CEO Mikhail Khodorkovsky said in reply to questions to his defense's press center. ...
Results for trading of listed shares in RTS (classic) at 18:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (classic) at 18:00 MSK 02.03.2009 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - Belon - - - - Severstal - - - - ...
Reserve Fund at 4.9 trillion rubles, Welfare Fund - 3 trillion on March 1 - MinFin.
Mar 02, 2009 ... Reserve Fund at 4.9 trillion rubles, Welfare Fund - 3 trillion on March 1 - MinFin MOSCOW. March 2 (Interfax) - Russia's Reserve Fund totaled 4.87 trillion ...
Kazakhstan had 0.8% inflation in Feb.
Mar 02, 2009 ... Kazakhstan had 0.8% inflation in Feb ALMATY. March 2 (Interfax) - Kazakhstan had 0.8% inflation in February, the State Statistics Agency said. Consumer prices rose 1.1% in the first two months of the year. Food prices ...
Gazprom to return three geological exploration licenses to Uzbekistan.
Mar 02, 2009 ... Gazprom to return three geological exploration licenses to Uzbekistan TASHKENT. March 2 (Interfax) - The Uzbek government has commenced procedures for Gazprom's (RTS: GAZP) return of exploration licenses for three blocks in the republic, the management of Uzbekneftegaz Ltd ...
Dollar, euro gain against ruble on Monday morning.
Mar 02, 2009 ... Dollar, euro gain against ruble on Monday morning MOSCOW. Mar 2 (Interfax) - The ruble posted a moderate decline against the Central Bank's basket of currencies in trading on the MICEX exchange Monday morning, with the basket rising above 40.3 rubles. The dollar ...
Russia plans to cut budget deficit to 3% of GDP in 2011 - Kudrin (Part 2).
Mar 02, 2009 ... Russia plans to cut budget deficit to 3% of GDP in 2011 - Kudrin (Part 2) MOSCOW. March 2 (Interfax) - Russia plans to cut the federal budget deficit to 3% of GDP in 2011, Deputy Prime Minister and Finance Minister Alexei Kudrin told journalists on Monday. The ...
Moscow interbank bid, offered & actual rate.
Mar 02, 2009 ... Moscow interbank bid, offered & actual rate 02.03.2009 Rate/term overnight 1 week 1 month 3 months 6 months 1 year MIBID 8,19 9,62 12,51 13,83 14,91 16,10 - (0.45) (0.15) (-0.26) (-0.37) (-0.17) (-0.15) MIBOR 11,39 13,36 18,01 20,10 21,55 ...
Russian oil exports to non-CIS up 4.4% in Jan-Feb.
Mar 02, 2009 ... Russian oil exports to non-CIS up 4.4% in Jan-Feb MOSCOW. March 2 (Interfax) - Russian oil exports to non-CIS countries grew 4.4% to 34.25 million tonnes (4.255 million barrels a day) in January-February 2009 compared to the same period of 2008, the Fuel and Energy Central ...
GAZ to end production of GAZ Siber in 2010.
Mar 02, 2009 ... GAZ to end production of GAZ Siber in 2010 MOSCOW. March 2 (Interfax) - The GAZ Group plans to end production of the Siber from 2010, the company said in materials prepared for holders of 5 billion rubles in bonds which passed into technical default in February. The ...
Results for trading of listed shares in RTS (classic) at 17:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (classic) at 17:00 MSK 02.03.2009 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 0.131 0.17 - - - Aeroflot 0.65 0.79 - - - Akron 12.75 14.75 - - - Pharmacy Chain 36.6 1.2 ...
Results for trading of listed shares in RTS (classic) at 17:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (classic) at 17:00 MSK 02.03.2009 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - Belon - - - - Severstal - - - - ...
Results for trading of listed shares in RTS (classic) at 12:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (classic) at 12:00 MSK 02.03.2009 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 0.131 0.17 - - - Aeroflot 0.65 0.79 - - - Akron 13 15 - - - Pharmacy Chain 36.6 1.2 2.2 - - ...
Russia reduces oil production 2.1% in Jan-Feb; gas down 13% (Part 2).
Mar 02, 2009 ... Russia reduces oil production 2.1% in Jan-Feb; gas down 13% (Part 2) MOSCOW. Mar 2 (Interfax) - Russia produced 78.459 million tonnes of oil and gas condensate in January-February 2009 (9.748 million barrels per day), 2.1% less than in the same period last year, the Fuel and ...
Belarus failed to receive $500 million from Russia in February.
Mar 02, 2009 ... Belarus failed to receive $500 million from Russia in February MINSK. March 2 (Interfax) - Belarus did not receive the $500 million tranche of a Russian loan in February, Belarusian National Bank press secretary Anatoly Drozdov told Interfax on Monday. "We did not ...
Results for trading of listed shares in RTS (prefunded) at 13:00 MSK.
Mar 02, 2009 ... Results for trading of listed shares in RTS (prefunded) at 13:00 MSK 02.03.2009 Company Min Max Average Account price,rub price,rub price,rub Sistema Joint Stock 5.5 5.5 5.5 3 Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - Belon - - - - ...
BAT Russia boosts cigarette production 0.5% in 2008.
Mar 02, 2009 ... BAT Russia boosts cigarette production 0.5% in 2008 MOSCOW. March 2 (Interfax) - British American Tobacco Russia boosted cigarette production 0.5% to 85.7 billion cigarettes in 2008, BAT Russia corporate relations director Alexander Lyuty said at a press conference in Moscow on ...
Vnukovo structures consolidate 75% in Sky Express.
Mar 02, 2009 ... Vnukovo structures consolidate 75% in Sky Express MOSCOW. March 2 (Interfax) - Structures close to Moscow airport operator Vnukovo have consolidated 75% minus one share in Sky Express airline, a source close to Sky Express told Interfax. The remaining 25% of shares ...
RTS Index at 14:00 MSK.
Mar 02, 2009 ... RTS Index at 14:00 MSK 02.03.2009 RTS RTS V classic, V T+0, V aggr, Time Index,$ Index,rub mln $ mln rub mln rub 14:05:00 539.41 4332.81 0.922 1.993 34.93 14:00:00 539.41 4332.81 - - - 13:30:00 539.72 4335.30 - - - 13:00:00 539.87 4336.50 - - - 12:30:00 ...
Daily Headline News for March 2, 2009.
Mar 02, 2009 ... Daily Headline News for March 2, 2009 Digest of headline news as of 7:00 p.m. Moscow time on March 2: BUSINESS & FINANCE *** RUSSIA COULD EMERGE FROM RECESSION AT SIMILAR PACE TO U.S., EUROPE - KUDRIN The pace at which Russia emerges from recession could be similar to ...
Rosneft proved SEC reserves decline 0.6% in 2008 (Part 2).
Mar 02, 2009 ... Rosneft proved SEC reserves decline 0.6% in 2008 (Part 2) MOSCOW. Mar 2 (Interfax) - Russian oil major Rosneft (RTS: ROSN) saw proved reserves calculated under SEC (U.S. Security and Exchange Commission) standards decline 0.6% to 13.275 billion barrels in 2008 from 13.36 billion ...
Quotations for Russian Minfin bonds.
Mar 02, 2009 ... Quotations for Russian Minfin bonds 02.03.2009 Dealer 7 tranche ING Bank ...
S&P downgrades Ukraine's Nadra Bank to 'SD' on missed payments, low liquidity.
Mar 02, 2009 ... S&P downgrades Ukraine's Nadra Bank to 'SD' on missed payments, low liquidity FRANKFURT. March 2 (Interfax) - Standard & Poor's Ratings Services has lowered its long-term issuer credit rating on Ukraine-based Nadra Bank (Nadra) to 'SD' from 'CC', indicating a selective default, ...
Ukrainian steel production plummets 34%-38% in Jan-Feb.
Mar 02, 2009 ... Ukrainian steel production plummets 34%-38% in Jan-Feb KYIV. March 2 (Interfax) - Ukraine's steel industry reduced finished roll output 34% year-on-year in January-February to 4.016 million tonnes, the Industrial Policy Ministry told Interfax. Crude steel production ...
GM launches production at new St. Petersburg plant, closes two temporary facilities.
Mar 02, 2009 ... GM launches production at new St. Petersburg plant, closes two temporary facilities ST. PETERSBURG. March 2 (Interfax) - General Motors has launched assembly production at its plant in St. Petersburg and closed two temporary production facilities in the region, the company said ...
Ukraine's Party of Regions refuses to sign letter to IMF.
Mar 02, 2009 ... Ukraine's Party of Regions refuses to sign letter to IMF KYIV. March 2 (Interfax) - The Party of Regions, Ukraine's largest opposition party, will not sign a letter to the International Monetary Fund (IMF) because it will never agree to a drastic fall in the welfare of ...