Finance

Norilsk Nickel earns on market situation

Norilsk Nickel has published good financial results for the first six months of the year, showing almost double growth in the net profit, 77% increase in the EBITDA and a marked decrease in the rat

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Sibur plans to pay dividends for H1

Sibur has planned to pay dividends for the first six months of 2018, the company reports. The Sibur’s Board of Directors will consider the relevant issue during the meeting on August 13.

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Since the beginning of 2018 Ukrnafta paid UAH 0.8 billion of overdue tax debt

From January to July 2018 Ukrnafta paid to the state budget 784.9 million UAH of overdue tax debt. This was reported by the press service of the company.

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UBS expects Rosneft's dividends for 2018 at 34 rubles per share

Analysts of the Swiss UBS expect that by the results of 2018, Rosneft's dividends will amount to 34 rubles per share, which implies a dividend yield of 8% compared with the average 6% of compet

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Alfa-Bank provides 4 billion rubles to world's largest supplier of pig iron

Alfa-Bank has provided 4 billion rubles to the Industrial and Metallurgical Holding, which is one of the world's largest pig iron exporters and the leading provider of commodity coke in the CIS

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In H1, Eurochem increased fertilizers sale by 2% to 7 mln tons

Eurochem increased sales by 2% in the first six months of 2018. The EBITDA grew by 15% compared to the same period last year, it follows from the financial statements of the company.

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Gazpromneft to invest 106 bln rubles in development of OMSK refinery

Gazpromneft will invest 106 billion rubles in development of the Omsk refinery between 2018 and 2020. This was reported by general director of the plant Oleg Belyavsky.

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Over the year, Primorskugol increased net profit 5 times

In the previous year, Primorskugol (included in Suek) made the net profit in the amount of 871 million rubles. This is five times more than a year earlier.

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Belarus doesn’t like tax maneuver of Russia, to demand for compensation

Belarus wants to receive compensation from Russia for the shortfall in revenues of the Belarusian budget due to the introduction of the Russian tax maneuver in the oil sector.

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In H1, Evraz’s profit under IAS grew 13 times

In the first six months of 2018, the net profit of Evrax under IAS amounted to $1.145 billion (in the first half of 2017, the net profit was $86 million). This was reported by the company.

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