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06.05.2009, 05:57

Steelmakers see global expansion in new light

Russian steel companies were on a major overseas shopping spree in recent years. But the downturn means most of those companies are scaling back their foreign operations.

06.05.2009, 00:52 2 comments

Airline magnate offers to sell Blue Wings stake to Aeroflot for 1 euro

Aleksander Lebedev, is offering his majority stake in Germany’s Blue Wings airline to Aeroflot for just 1 euro, saying it would help the Russian carrier, in which he has a 30% stake, gain a European foothold.

05.05.2009, 05:28

Less red tape for small business

Theres a May Day present for smaller business in Russia with new legislation signed into being by President Medvedev limiting official inspections.

13.05.2009, 20:28 1 comment

VTB shares yo-yo as bank mulls buyback at listing price

VTB shares have fluctuated wildly on mixed reports of a share buy back for those who participated in its IPO, two years ago. Promoted as the ‘peoples IPO,’ VTB shares are now worth about 1/3rd the listing price.

Photo from site www.rosneft.ru 28.05.2009, 16:15

Rosneft posts 1Q 2009 Net Income of $2.06 Billion

Russian oil producer, Rosneft, has posted a 1Q 2009 Net Income of $2.06 billion under U.S. GAAP.

23.06.2009, 15:35

Eurochem posts 1Q 2009 Net Loss of 1.734 billion Roubles

Russian fertilizer producer, Eurochem, has posted a 1Q 2009 Net Loss of 1.734 billion Roubles under IFRS.

02.11.2009, 13:58

Uralsib posts 1H 2009 Net Loss of 904 million Roubles

Russian bank, Uralsib, has posted a 1H 2009 Net Loss of 904 million Roubles under IFRS.

09.12.2009, 17:35

Sistema posts 3Q 2009 Net Income of $1.684 billion

Diversified Russian industrial conglomerate, Sistema, has posted a 3Q 2009 Net Income of $1.684 billion under U.S. GAAP.

31.03.2010, 14:21

Vozrozhdenie Bank reports FY 2009 net profit of 1.217 billion roubles

Vozrozhdenie Bank has reported a FY 2009 net profit of 1.217 billion roubles under IFRS.

Photo from lukoil.com 08.12.2009, 12:26

Lukoil posts 3Q 2009 Net Income of $2.058 billion

Russian oil producer, Lukoil, has posted a 3Q 2009 Net Income of $2.058 billion under U.S. GAAP.

Polymetal posts FY 2008 Net Loss of $15.7 million

Published: 06 May, 2009, 12:24


Major Russian gold and silver producer, Polymetal, has posted a FY 2008 Net Loss of $15.7 million under U.S. GAAP.

 
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