Finance

Evraz not to increase its share in Raspadskaya

Evraz will not increase its stake in Raspadskaya for a while.

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In the first 9 months, Severstal’s net profit under IAS decreased by 5.4%

In the first 9 months of 2019, the Severstal's net profit under IAS decreased by 5.4% compared to the same period of the previous year and amounted to $1.393 billion, the company reported.

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Crimea to zero oil MET

The measure is designed to increase the profitability of production.

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Severstal’s Board of Directors recommends paying dividends

Severstal's Board of Directors has recommended paying dividends for the year ended on September 30, 2019 in the amount of 27.47 rubles per share.

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The maximum decrease in petrol in 4 years in Russia: Mass Media.

According to the results of January-September 2019, the fall in demand for petrol in Russia amounted to 1%, which is a record high for four years, the Izvestia newspaper reports with reference to a

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Hort-V to invest 4.8 billion roubles into Ukoninskoye Zoloto.

LLC Hort-V intends to invest nearly 4.8 billion roubles into the development of the Ukokninskoye field in Transbaikalia, JSC Far East Development Corporation reports.

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In Q3, Alrosa decreased revenue from sale of diamonds by 37%

In the third quarter 2019, Alrosa increased diamond production by 24% quarter-on-quarter to 12.1 million carats, the 15% growth year-on-year was caused by launch of new and production growth at exi

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Bill to support extraction of raw materials in the Arctic submitted to Russian Government

The discussion of tax benefits for a joint project of Rosneft and Eduard Khudainatov’s Neftegazholding has come to the finish line.

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Sibur has no plans to enter IPO for a while

Sibur holding’s shareholders don’t plan to launch an IPO, a member of the Board - managing director of Sibur Pavel Lyakhovich said during the Perm engineering and industrial forum.

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AGMK to increase copper production 2.4 times to 250 thousand tons

In 2023, Almalyk mining and metallurgical combine intends to increase production of copper cathode 2.4 times compared to 2018 to 250 thousand tons, ceputy chairman of the enterprise’s Board A

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