Active energy resources export policy of Russia gives a serious boost for development of transport infrastructure. Over half of country’s extracted oil is exported abroad and to CIS. The primary share of oil transportation is held by Transneft, whilst export of oil products is made through ports mostly. Share of Krasondar Krai’s ports in export [...]

Active energy resources export policy of Russia gives a serious boost for development of transport infrastructure. Over half of country’s extracted oil is exported abroad and to CIS. The primary share of oil transportation is held by Transneft, whilst export of oil products is made through ports mostly. Share of Krasondar Krai’s ports in export [...]

Wednesday’s stock market of Russia is starting to rejuvenate, after a week-long fall. RTS is supported by positively expanded foreign indices. Mechel stocks restore themselves second day in a row, compensating almost a half of its 44% fall, following the critics of premier-minister. Metallurgy and banking sector seemed well too. Banks could have also been [...]

Yesterday, CTC Media has published its 2Q and 1H 2008 US GAAP report. Among new features of the financial report was the consolidation of purchased assets such as DTV channel, Costafilm and Soho Media, the companies producing TV content.
CTC Media’s quarter revenue increased by +26.3%, due to [...]

Russian stock market followed world’s grounds, opening at a significant fall, and losing over -1% in the morning. For the first tie since late January index hit below 1900 points, landing at 1880 points after a free-fall. Afterwards, however, market stabilized itself. At the second half however, Russian market received support by statement of Igor [...]

The beginning of new week has been rather controversial for Russia’s stock market. Last Friday RTS dropped significantly, backed by criticism of Vladimir Putin towards Mechel, as well as negative reports of Sberbank, triggering correction since the morning. Investors were more reasonable towards the situation and started purchasing the cheapened stock. Some positive movement has [...]

We have corrected TGC-1’s model, in accordance to company’s 2007 IAS report.
The established report is the first one, which shows the results of TGC-1’s reorganization in full volume. It reflects the merger of TGC-1 and Murmansk HPP and the results of additional emission placements, in order to attract investments.
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On Friday, the stock market has faced difficulties, which it never seen before. However, this situation was started on Thursday’s evening, when Vladimir Putin, the Prime Minister has criticized “Mechel” and Igor Zyuzin, its major shareholder. Mechel’s quotes at NYSE decreased by 30%. The same situation was at the Russian stock market and the fall [...]

On Thursday Russian stock market has broken through all supported levels. The trades were started in negative zone, due to a fall of oil prices and then RTS rapidly broke through the level of 2100 points. After it became clear that it can not hold its position at that level, RTS fell down. A negative [...]

Wednesday’s stock market has been moving at a negative vector. The breaching of two important technical levels was the primary reason to drop for quotes of most of liquid shares. Aside from this, during the day at the back of reinforcing USD rate, oil prices have achieved their 6 weeks lowest prices, which slapped quotes [...]

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