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28.07.2009, 11:09

New bankruptcy laws to focus on balance

Many Russian companies are facing financial difficulties, and are looking to restructure debts. Proposed changes to the country's bankruptcy law could mean further support for struggling businesses.

27.07.2009, 21:51

Budget deficit throws cloud over government outlays

This week will see the Russian government finalising the budget for the year ahead, with another budget deficit in store, as plans for longer term budgeting are put on hold.

27.07.2009, 11:05

Russia heads for energy efficiency

Russia is launching a programme to halve the country’s energy consumption over the next decade, as European shops face a 2014 deadline for selling only the most energy efficient appliances.

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.

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.

image from www.lukoil.ru 28.08.2009, 13:50

Lukoil posts 1H 2009 Net Income of $3.229 billion

Russian oil producer, Lukoil, has posted a 1H 2009 Net Income of $3.229 billion under U.S. GAAP.

27.10.2010, 21:55 1 comment

Foreign companies eager to grab a bite of Russia’s privatization cake

A number of foreign companies might obtain significant shares in Russia's upcoming privatization of its most profitable companies.

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.

13.09.2010, 16:24 1 comment

Bashneft posts 1H 2010 net profit of $671 million

Russian oil refiner and energy producer, Bashneft, has posted a 1H 2010 net profit of $671 million under IFRS.

15.10.2010, 15:53

Tatneft posts 1H 2010 Net Profit of 15.9 billion Roubles

Russian oil producer, Tatneft, has posted a 1H 2010 Net Profit of 15.9 billion Roubles under U.S. GAAP.

TNK-BP posts 1H 2009 Net Income of $2 billion

Published: 28 July, 2009, 13:18


Russian oil producer TNK-BP has posted a 1H 2009 net income of $2 billion under U.S. GAAP.

 
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