Veles Capital Released Daily Review
OREANDA-NEWS. On 30 July 2009 Veles Capital released daily review:
In 1H 2009 Polyus reduced gold output by 14%. Reduction of the production by Polyus is explained by decrease of average grade of metal in the processed sulphide from Olimpiadinskiy OMPE. The company preserves the annual plan on metal output for
GAZ negotiated with Alfa-Bank. Oleg Deripaski’s GAZ group negotiated debts restructuring with Alfa-Bank – the only creditor that was voting against up until now. The agreement on restructuring might be signed within the coming days.
Rosneft showed profit for 1H 2009 by RAS. RAS net profit of Rosneft reduced by more than twice in 1H 2009 versus the similar period of 2008 to 81.325 bn RUR.
Results of
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