Finance

RusHydro approves updated long-term development program for 2018-2020

The RusHydro’s Board of Directors has approved an updated long-term development program of the company for 2018-2022, RusHydro informs.

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Akron shareholders approve dividends of 185 rubles per share

Akron shareholders decided to pay an annual dividend of 185 rubles per share. Previously, the corresponding recommendations were issued by the Board of Directors of PJSC Akron.

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Gazpromneft extends contract with Russian Agricultural Bank on credit line for 36 bln rubles

Gazpromneft has extended term of an agreement with Russian Agricultural Bank on attracting a revolving credit line for 36 billion rubles until March 31, 2023 inclusive, the company reports.

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Mubadala invests almost $2 bln in Russian assets

Over the past five years, the Sovereign Fund of the United Arab Emirates Mubadala, together with the Russian Direct Investment Fund has invested about $ 2 billion in Russian projects, concluded mor

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Final dividends of Transneft for 2017 may be 7578.27 rubles on all types of shares

The Transneft’s Board of Directors has recommended to pay the final dividends for 2017 on ordinary and preferred shares in the amount of 7.57827 thousand rubles on the paper to the total amou

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The price of polypropylene in Russia to grow by 0.5-3 thousand rubles per ton in June

The price of Russian-made polypropylene will continue to rise in June. Domestic enterprises are ready to raise prices by 0.5-3 thousand rubles per ton.

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In Q1, Transneft’s net profit under IAS fell by 408% to 47 bln rubles

In January-March 2018, the net profit of Transneft under IAS decreased by 40.8% compared to the same period last year to 47.029 billion rubles, as it follows from the company's report.

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In Q1, Arktikgaz’s net profit grew 1.5 times to 13.9 bln rubles

In January-March 2018, Arktikgaz, a joint venture of Gazpromneft and Novatek, made the net profit in the amount of 13.937 billion rubles, which is 1.5 times more than the net profit in the same per

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Donald Trump states he is not afraid of a trade war with the Allies because of duties on metal.

The President of the United States Donald Trump stated that he was not afraid of the prospect of a trade war with his allies, in particular with the European Union, Canada and Mexico, because of im

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Since July 1, 2018 the cost of household electricity in Bulgaria to increase by 1.89%. The cost of heat too. All this - without taking into account the increase in gas prices.

Bulgaria has a gas market, the Cabinet of Ministers informs. The prices for electricity and heating are expected to rise on July 1, 2018.

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