Finance

TMK sells its assets in USA

Pipe metallurgical company (TMK) of Dmitry Pumpyansky has sold its American division IPSCO to manufacturer of seamless and welded pipes Tenaris for $1.209 billion.

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ArcelorMittal Krivoy Rog’s net profit exceeded 9.5 bln hryvnias

In 2018, ArcelorMittal Krivoy Rog, the largest mining and metallurgical enterprise in the Ukraine, made the net profit in the amount of $350 million (9.51 billion hryvnias).

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Gazprom may switch to rubles and yuans in settlements with China

Deputy chairman of the Gazprom’s Board Andrei Kruglov said on Friday that the holding company was studying issue of transition to national currency in settlements with China.

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Wintershall calls possible amount of Nord Stream-2 financing in 2019

The German oil and gas company Wintershall can allocate €330-335 million to finance theconstruction of the Nord Stream-2 gas pipeline in 2019, Wintershall’s head Mario Meren told re

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Mechel’s annual profit grows by 9%

Last year, the Mechel’s profit attributable to shareholders under IAS amounted to 12.63 billion rubles, increased in annual terms by 9%, the company reports.

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Norilsk Nickel’s investments in development

Norilsk Nickel is one of the largest players in its sector, accounting for about 14% of global ickel production, over 2% of copper, 45% of palladium and about 15% of platinum.

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Serious passions flare up around the head of Naftogaz of Ukraine.

So, in an interview with RBC-Ukraine, Kobolev stated that at the beginning of next year the Ukrainian gas holding would transf

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Gazpromneft is holding a tender for the repair of pipelines at the sites.

Gazpromneft is holding a tender for the repair of technological equipment and pipelines at productio

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Great Britain’s court protects Gazprom from Naftogaz

The High Court of England and Wales has suspended a case on Naftogaz’s claim on the forced recovery of $2.6 billion from Gazprom, the Russian company reports.

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In 2018, Fosagro’s net profit fell by 13%

In 2018, the net profit of Fosagro under IFRS decreased by 13% to 22.135 billion rubles, the company reported. The revenues amounted to 233.43 billion (+29%).

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