Financial results

Since the beginning of 2019, Naftogaz Ukraine transferred $1.4 bln of taxes to budget

Naftogaz Ukrainy Group has paid 37.2 billion hryvnias (more than $1.4 billion) of taxes or about 16.5% of the total budget revenues to the state budget for the first four months of 2019.

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Rosneft rejects VNKhK because of its unprofitability

After 10 years, Rosneft has officially announced abandonment of the VNLhL project in Primorye, declaring it unprofitable.

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Surgutneftegaz increases its net profit 4 times

Oil and gas company Surgutneftegaz has reported on its results in 2018.

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In 2018, Ukrtransnafta reduced its profit by 31%

In 2018, Ukrtransnafta, which is an operator of oil transportation system, reduced its net profit by 31.6% (by 676.454 million hryvnias) compared to 2017 1 463.239 million hryvnias, as it follows f

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Susumanzoloto reduces profit under IFRS by 30%

By the end of 2018, the largest gold mining company in the Magadan region, OJSC Susanzoloto, reduced profit by 30.1%, to 1,261 billion rubles.

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Mangazeya increases gold production to 27.7 thousand ounces

In 2018, Mangazeya Mining Ltd, which develops gold deposits in the Trans-Baikal region, increased gold production by 13.9% to 27.7 thousand ounces of gold.

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Rosatom plans to double revenue on foreign markets to $15 bln in the next 5 years

The State-owned corporation Rosatom plans to double amount of its revenue on foreign markets to $15 billion in the next five years, head of the company Alexei Likhachev said at the meeting with Pri

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In Q1, net loss of state-owned company Ukrtransgaz was 3 885 mln hryvnias

In January-March 2019, Ukrtransgaz reduced the net loss by 7.5% (by 314.517 million hryvnias) compared to the same period of 2018 to 3 885.759 million hryvnias.

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In Q1, Akron increased its net profit under RAS 10 times to 7 bln rubles

Akron (Veliky Novgorod) increased its net profit under RAS 10 times in the first quarter of 2019. The company's revenue grew by 34%, according to the financial statements.

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