Finance

RusHydro to change method of calculating dividends

The Board of Directors of RusHydro approved the new edition of the dividend policy, supporting the management's proposals on changing the dividend calculation methodology.

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In Q1, Severstal’s net profit reduced by 7.2%

In the first quarter of 2019, the net profit of Severstal under IAS decreased by 7.2% compared to the same period last year and amounted to $428 million, as it follows from the company's statem

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MMK invests more than 58 billion rubles in ecology over 18 years

The expenses of the Magnitogorsk Metallurgical Plant (MMK) on environmental activities in 2000–2018 exceeded 58 billion rubles including 9 billion rubles last year alone, the company’s

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NLMK may pay dividends for Q1 at the rate of 7.34 rubles per share

NLMK’s Board of Directors has recommended to shareholders of the company to approve at the extraordinary general meeting payment of dividends for ordinary shares on results of the first quart

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In Q1 2019, Russneft’s net profit under RAS grew 1.5 times

In the first quarter of 2019, the net profit of Russneft under RAS increased 1.5 times to 4.41 billion rubles, as it follows from the company's reports.

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Polyus increases gold production by 19%.

The company brought Natalka to the design level, which affected the increase in all production indicators.
The gold mining company PJSC Polyus reported on work in Q1 2019.

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Last year, Bashkir Soda Company increased its profit and revenue under IAS by almost 19%

In 2018, the Bashkir Soda Company increased its net profit calculated according to IAS by almost 19%. The company's revenue grew by 18.5%, as it follows from the financial statements.

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Innovative development of Kondaneft may save 77 million rubles

Specialists of Kondaneft, a subsidiary of Rosneft, conducted successful pilot tests of anti-turbulent additives (ATA). Innovative material will increase the capacity of oil pipelines by 24%.

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The DETRA company becomes part of the OGK Group.

Thanks to the new company in the group, the OGK Group expects to gain more than 6 billion roubles in 2019.

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RusHydro starts placement for 14 bln rubles

RusHydro begins placement of 14 013 888 828 additional shares of 1 ruble each, approved by its Board of Directors in June 2018, it follows from the company's message.

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