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Go to main page   Business   News   Severstal posts 1Q 2009 Net Loss of $643.9 million   Comments  
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14.05.2009, 17:27

South Stream agreement on the menu as Italian leadership comes to Sochi

Italian Prime Minister Silvio Berlusconi and ENI's CEO will meet Russian officials in Sochi on Friday over the South Stream pipeline project. An agreement is expected but several issues remain unresolved.

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.

13.05.2009, 16:09

VimpelCom posts FY 2008 Net Income of $524 million after 4Q $816 million hit

Russian mobile operator, VimpelCom, has posted a FY 2008 Net Income of $524 million under U.S. GAAP.

01.10.2009, 16:25

Unimilk posts 1H 2009 Net Profit of 19 million Roubles

Leading russian dairy producer, Unimilk, has posted a 1H 2009 Net Profit of 19 million Roubles under IFRS.

23.11.2009, 14:21

Kalina posts 9M 2009 Net Income of $13 million

Russia’s largest cosmetics and perfumery producer, Kalina, has posted a 9M 2009 Net Income of $13 million under IFRS.

02.07.2009, 12:49

Avtovaz posts FY 2008 Net Loss of 24.7 billion Roubles

Russian automobile maker, Avtovaz, has posted a FY 2008 Net Loss of 24.7 billion Roubles under IFRS.

07.09.2009, 16:27

Megafon posts 1H 2009 Net profit of 20.1 billion Roubles

Russian cellular provider, Megafon, has posted a 1H 2009 Net Profit of 20.1 billion Roubles under U. S. GAAP.

image from www.sibirtelecom.ru 30.08.2010, 15:13

Sibirtelecom posts 1H 2010 Net Profit of 2.4 billion roubles

Sibirtelecom, the fixed line provider in Russia’s Siberia, has posted a 1H 2010 Net Profit of 2.4 billion roubles under IFRS.

Detroit 18.06.2010, 09:51 2 comments

Hope of recovery for former US auto powerhouse?

Detroit used to be one of America's premier auto manufacturers, but with the demise of its carmakers, Detroit’s residents are facing rising unemployment and crime in a city which has become a shell of its former self.

RIA Novosti / Ruslan krivobok, STF 16.04.2010, 14:59

Mosenergo posts FY 2009 net profit of 1.66 billion roubles

Moscow region power generator, Mosenergo, has posted a FY 2009 net profit 1.66 billion roubles under IFRS.

Severstal posts 1Q 2009 Net Loss of $643.9 million

Published: 15 May, 2009, 13:06


Russian steelmaker, Severstal, has posted a 1Q 2009 Net Loss attributable to shareholders of $643.9 million under IFRS.

 
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