Severstal announced its financial results in the first quarter of the year on Monday, showing growth over the previous quarter. During the first quarter, the company’s overall revenue reached $3.32 billion, a 6.6 percent increase over $3.12 billion in the … Read More »
Novatek announced on Monday that 370,780 ordinary shares, including those in a form of Global Depositary Receipts, were purchased last week on the open market, pursuant to the company’s buyback program announced last year. The company is the largest independent … Read More »
Gazprom has changed the schedule of the press conference set to be held close to the company’s annual shareholders meeting. The press conference, which is about mineral and raw material base development, gas production and gas transmission system development, will … Read More »
Gazprom Chairman Alexey Miller met with Ukraine’s Vice Prime Minister Yury Boiko last week to discuss issues of bilateral cooperation. The content of the meeting centered largely on the supply of Russian gas to Ukraine. Specifically, the two parties sought … Read More »
Severstal’s board of directors has recommended a dividend payment of approximately $0.01 per ordinary share for profits generated for the first quarter. Shareholders will be asked to approve the board’s recommendation at Severstal’s Annual General Meeting in Moscow on June … Read More »
Russian oil and gas pipe producer TMK will convene its Annual General Meeting of Shareholders on June 25 in Moscow. The agenda for the AGM, as approved by the board of directors, includes approval of the company’s annual report and … Read More »
Severstal’s first quarter results revealed the company still remains among the top Russian steelmakers in terms of sales of high value-added products. The company’s share of HVA products in its sales portfolio totaled 43 percent, an increase of 3.5 percent … Read More »
KRU has provided funding for the purchase of two ambulances to be donated to the State Research Center of Miners’ Health in the Kuzbass region in honor of the clinic’s 20th anniversary. The State Research Center of Miners’ Health is … Read More »