OREANDA-NEWS. May 20, 2010. Veles Capital released daily market review:

Rostelecom is getting ready to buy Svyazinvest. Rostelecom directed to FAS the request to buy 25%+1 share of Svyazinvest's stock, said the representative of the authority Sergey Noskovich and confirmed the manager of Rostelecom. Besides, the operator addressed banks with an offer to provide 26 bn RUR.

AvtoVAZ refused from paying off dividends and bonuces for 2009. According to the message of Commersant AvtoVAZ refused from paying dividends, premiums and bonuses for 2009, due to the company gained loss at the level of 38.5 bn RUR.