OREANDA-NEWS. June 11, 2010. Veles Capital released daily market review:

Good report of TGC-1 by IAS for 2009. Sales of TGC-1 by the results of 2009 grew versus the similar period of 2008 by 23% to 41.3 bn RUR. Growth was related to growth of regulated and free prices of power energy and capacity and increase of market’s liberalization, along with the increase of average tariffs for thermal energy and heat output growth.

Moderately weak financial results of Dorogobuzh by IAS for 2009. Dorogobuzh reported for 2009 by IAS. As follows from the report of the company, within the reported period the enterprise gained net profit in the amount of 50 mn USD, meaning reduction of given estimate versus previous year formed 57.6%. The result on the net profit turned out to be lower than our expectations that were based on the value of the net profit of 61 mn USD.