Financial results

Alrosa sells large diamonds for $10.5 mln in Dubai

The diamond mining company Alrosa sold diamonds of special sizes (weighing more than 10.8 carats) at an auction in Dubai from May 27 to June 14, the company reported.

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In 2017, Polymetal reduced budget payments by 14.3%

Polymetal Int (combines assets of Polymetal) together with its subsidiaries paid in total $193.6 million for 2017 to the budgets of Russia, Kazakhstan and Armenia, which is by 14.3% less than in 20

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SOCAR’s income from activity in foreign projects grows

In 2017, revenues of the Azerbaijani state-owned oil company SOCAR from activities in Switzerland amounted to 78.63 billion manats against 40.44 billion manats in 2016.

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In Q1, 2018, Metalloinvest increased its net profit

In the first quarter, the net profit of Metalloinvest amounted to $416 million (+6.4% compared to the first quarter of 2017), as it follows from the company's report on financial results under

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Fitch confirms the forecast of world GDP growth in 2018.

The international rating agency Fitch confirmed an estimate of the world GDP growth in 2018 at the level of 3.3%, in 2019 - 3.2%, despite the deterioration of forecasts for half of 20 countries con

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Gazprom Neft's AGM: record dividends, readiness to rapidly increase production and new projects

Gazprom Neft shareholders approved the payment of dividends for 2017 in the amount of 71.12 billion rubles (28.1% of consolidated net profit under IFRS for 2017).

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In Q1, Tatneft’s net profit grew by 18% to 42 bln rubles

In the first quarter of 2018, the net profit of Tatneft under IAS increased by 18% year-on-year and made up from 42.01 billion.

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In Q1, RusHydro’s net profit grew by 22%

In the first quarter of 2018, the EBITDA of the RusHydro Group under IAS increased by 5.9% and amounted to 32.02 billion rubles.

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In January-April, price of Gazprom’s export gas grew by 20.4%, and income from export – by 32.2% to $16.4 bln

In January-April 2018, average cost of Gazprom's export gas amounted to $206.1 per thousand cubic meters, increased by 20.4% compared to the same period of the previous year, the Federal Custom

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Annual GDP growth in Russia to be 1.5-2% from 2019 to 2021 - the Central Bank.

The Central Bank predicts an annual growth rate of Russian GDP at the level of 1.5-2% within next three years, as follows from the draft "The main directions of development of the Russian fina

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