OREANDA-NEWS. October 29, 2009. Veles Capital released daily market review:

Preferred shares of IRC might be converted into the common shares of Rostelecom. The preferred shares of Svyazinvest, JSC subsidiaries will be converted into the common shares of the joint Rostelecom in course of consolidation based on Rostelecom, JSC, announced director general of Svyazinvest Evgeniy Yurchenko to the journalists.

Net profit of Aeroflot group of companies by IAS formed 14.1 mn USD within 6 months of 2009. Consolidated income of Aeroflot within 6 months of 2009 by IAS formed 1,456 mn USD, which is lower than in the similar period of 2008 by 32%. Operating expenses formed 1,352 mn USD, which is lower than the last year level by 32%. Profit from the principal activity of Aeroflot within 6 months of 2009 formed 104 mn USD, which is 20.6% lower than the similar estimate of the previous year.

LUKOIL: oil came to the Odessa refinery.

RusHydro wrote off 4.3 bn RUR to the construction of water outlet at Sayano-Shushinskaya HEPS.

CCZ within 6 months gained 136 mn RUR of IAS net loss.

Net loss of KAMAZ by IAS in 1H 2009 formed 1.84 bn RUR versus profit a year earlier.