Finance

MMK is demanded to make additional payment for coal

The minority shareholders of Belon have declared in court that MMK of Victor Rashnikov, which owns over 95% of Belon, was to buy coal assets from the company rather than to conduct reorganization,

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Meeting of Lukoil’s shareholders approves payment of interim dividends

On December 5, 2018, results of the extraordinary general meeting of Lukoil’s shareholders, held in the form of absentee voting on December 3, 2018, were summed up.

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Russian Government Commission on Foreign Investments not to consider sale of EDC

The Russian Government Commission on Foreign Investment hasn’t even considered acquisition of the largest Russian drilling company Eurasia Drilling Company (EDC) by international company Schl

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Uralkali is ready to exceptions in Asia

Despite a recent announcement of a lower price level of $300 per ton of potassium, Uralkali will still sell to China a "several times smaller" volume at the price of $290.

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VEB.RF may finance 8 projects of shipbuilding complex in Primorye

During his working trip to Primorye, the chairman of the state-owned development corporation of VEB.RF Igor Shuvalov visited the Zvezda shipyard in Bolshoy Kamen, where mass production of Aframax t

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Sberbank tries to increase efficiency of New Stream

After the appointment of new heads of fixed assets of the New Stream Group - Antipinsky oil and Afipsky oil refineries, Sberbank has taken an active part in loading of these plants.

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LUKOIL's Vice-President Gennady Fedotov buys company's shares for 18.7 million rubles

Member of the Board, Vice President for Economics and Planning of LUKOIL Gennady Fedotov bought ordinary shares of the company for 18.705 million rubles.

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RusHydro wants to attract 20 billion rubles for its needs

RusHydro has announced an open tender for the right to conclude an agreement on rendering services for raising borrowed funds for the company's needs, it follows from the procurement materials.

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Fitch confirms rating of ChTPZ at the level of BB-

The Chelyabinsk pipe rolling plant (ChTPZ), a leading Russian manufacturer of pipe products, a supplier of integrated solutions for fuel and energy companies, has announced a change by internationa

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In 2018, Lukoil to reduce capital expenditures by 5-10% compared to planned level

In 2019, Lukoil may increase capital expenditures due to growth of cash flow. This was stated in the framework of the conference call by vice-president of the company Alexander Matytsin.

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