OREANDA-NEWS. May 26, 2010. Veles Capital released daily market review:

Financial results of Gazprom Neft for 1Q 2010. Net profit of Gazprom Neft for 1Q 2010 grew by 2.2 versus 1Q of the previous year and totaled 727 mn USD, as follows from the report of the company by US GAAP. Sales of the company upped within a year by 72% to 7.3 bn USD, EBITDA grew by 46.1% to 1.38 bn USD. Financial results turned out to be at the levels the market expected.

Inter RAO UES announced major development plans. Inter RAO UES announced the list of assets, which will be included to the payment of the additional emission of the company’s shares. Also Inter RAO UES conducted a meeting with analysts and journalists yesterday, where some of its plans have been disclosed.