OREANDA-NEWS. November 23, 2009. Veles Capital released daily market review:

The state plans giving money to AvtoVAZ once again. The future of AvtoVAZ should be decided this week – in course of the visit of Vladimir Putin to Paris. Renault might gain control over the enterprise with time, but for now the state is deciding whether to give Rostechnologies another 50 bn RUR or not.

Oneksim and Nafta Moskva decided not to sell the shares of Polyus Gold due to insufficient demand. Oneksim Group of Mihail Prohorov and Nafta Moskva of Suleyman Kerimov decided not to sell their shares of Polyus Gold at the market due to insufficient demand on behalf of the investors. The holders do not wish to sell less than the announced 5%, but 5% precisely have no buyers within the announced price range of 28-29 USD per depositary note.

The company Evraz Group refused from the dividends for a long time. According to the data of Vedomosti, the banks-creditors of Evraz Group agreed on changing the conditions of company’s creditors by 3.64 bn USD. One of the agreement’s terms is the refusal of Evraz Group from paying dividends up until its net debt / EBITDA ratio gets lower than three.