Finance

Mikhelson: “Dividends to be at the maximum”

At the end of the second quarter of this year, Novatek may revise its dividend policy and increase the minimum rate of payments from net profit in accordance with international financial reporting

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NLMK group attracts debt linked to sustainable development indicators

NLMK group has announced a change in terms of the current revolving credit line in the amount of 250 million euro.

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Konstantin Zhevago's Ferrexpo plc has paid interim dividends to shareholders for 2019

On January 17, 2020, British Ferrexpo plc, which owns mining and processing assets in the Ukraine, paid special interim dividends to shareholders for the 2019 financial year.

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Accounts and property of Ukrainian underground gas storage operator arrested

Ukrtransgaz has reported arrest of its accounts in the case of recovery by private entities of 2.3 billion hryvnias (almost $95 million).

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In 2020, forecast for investment in Southern Gas Corridor project to be $181 million

In 2020, the forecast for investment in the Southern Gas Corridor projects by Azerbaijan's Southern Gas Corridor CJSC will be approximately $181 million, deputy head of SOCAR’s department

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Fitch confirms ratings of Alrosa and Evraz, but deteriorates rating of UC Rusal

Fitch has confirmed Alrosa’s long-term issuer default rating at the level of BBB -. This was reported by the agency. The outlook for the rating is "stable".

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Rosatom to allocate 54 billion rubles for construction of two icebreakers of 22220 project. This is slightly more than half of the total amount

Rosatom will finance half of the construction of the 4th and 5th universal nuclear icebreakers of the 22220 project with a capacity of 60 MW each.

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Gazprom has released all of its assets in Europe from arrest

Gazprom has released all its assets in Europe from arrests imposed at the request of Naftogaz Ukrainy.

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Rosneft increases its stake in Bayernoil refinery

Rosneft Deutschland GmbH, a subsidiary of Rosneft in Germany, has completed a deal to acquire a 3.57% stake in Bayernoil Raffineriegesellschaft mbH refinery from BP.

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Seligdar's shareholder increases its stake in the company to 15%

Ladya-Finance, a shareholder of the gold mining company Seligdar, has purchased 3.76% of the gold miner's shares, increasing its share in the authorized capital to 15.19%.

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