OREANDA-NEWS. September 11, 2009. Veles Capital released daily market review:

AvtoVAZ is “cutting” its stuff. Monday AvtoVAZ will announce firing 5 thousand employees, the future of another 31 thousand employees will be defined till the end of the year.

Oil export duties will change insignificantly from October 1. Export duty for oil from Russia from October 1 might change insignificantly versus the level of September duty and total 239-242 USD per ton, which follows from the calculations, based on oil price monitoring from August 15 to September 9, provided by the ministry of finance of RF to Interfax. Note, from August 1 the duty forms 238.6 USD per ton.