Finance

Ministry of Finance: "Tax maneuver will not raise prices"

For this purpose, special measures will be taken.

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Metalloinvest signs new credit agreement

Metalloinvest has announced signing of a long-term loan agreement with CREDIT AGRICOLE CIB under the guarantee of the export credit agency Euler Hermes Aktiengesellschaft (Germany).

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Fitch confirms the forecast of world GDP growth in 2018.

The international rating agency Fitch confirmed an estimate of the world GDP growth in 2018 at the level of 3.3%, in 2019 - 3.2%, despite the deterioration of forecasts for half of 20 countries con

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In 2018, SOCAR to receive over 663 mln manats for drilling at several fields

In 2018, SOCAR will receive 963.2 million manats from the state budget to carry out drilling works at a number of fields and to cover losses in connection with gas imports.

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Gazprom Neft's AGM: record dividends, readiness to rapidly increase production and new projects

Gazprom Neft shareholders approved the payment of dividends for 2017 in the amount of 71.12 billion rubles (28.1% of consolidated net profit under IFRS for 2017).

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Russian President: Lukoil invests $7 bln in projects in Uzbekistan

Lukoil has invested $7 billion in projects in Uzbekistan, including in construction of Kandym gas processing plant.

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In Q1, Tatneft’s net profit grew by 18% to 42 bln rubles

In the first quarter of 2018, the net profit of Tatneft under IAS increased by 18% year-on-year and made up from 42.01 billion.

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In Q1, RusHydro’s net profit grew by 22%

In the first quarter of 2018, the EBITDA of the RusHydro Group under IAS increased by 5.9% and amounted to 32.02 billion rubles.

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In 2018 RusHydro's investment program to reach 123.7 billion rubles

According to the materials of the company, the volume of RusHydro's investment program for 2018 will be 123.7 billion rubles.

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The "Power of Siberia" pipeline is 85% ready.

Gazprom reports that at the moment 84.4% (more than 1,820 km) of the Power of Siberia pipeline have been built; the second tunnel of the underwater crossing of the cross-border section for the &quo

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