OREANDA-NEWS. November 19, 2008. The National Depository Center (NDC), Russia's only settlement depository servicing the full range of Russian securities, has taken the third prize in the “Best information Disclosure for Clients” category of RTS Stock Exchange’s Annual Reports Award. NDC’s annual report was one of 27 from Russia financial, trade and construction organizations reviewed in the competition.

Evaluation in the category covered provision of general information about the company (company history, stages of development, general information about company operations), about its operating results for the reporting year (basic events, financial results, achievements), provision of information about the company’s management, its range of services (description of the services and tariffs), competitive analysis, client base, partners, development strategy and risk management.

In all, annual reports from 128 companies were submitted for this year’s competition. This is 14 more than in 2007, and 99 more than ten years ago when the first competition took place. The nominated companies represented a wide range of Russian industries including oil and gas, energy, metallurgy, banking, real estate, telecommunications, investment, mining and the automotive sector.

The awards ceremony was held in Moscow on 14 November.