Russian construction co Krost borrows $21 mln from Sberbank

Russia's Krasnodar Reg govt to present 9 bln rbl beet project

Finnish court rejects environmentalist suits vs Nord Stream

Russia's Bashneft oil output up 16.4% on year in January-August

Russian steel exports to EU at over 1.6 mln tonnes in Jan-Aug

Russia's IDGC Holding plans 23 bln rbl upgrade at Lenenergo

CEO says Russia's Vorkutaugol to double investment in 2011

Russian govt OKs allocating 1 bln rbl to repair wildfire damage

Russia's Power Machines produces 2 turbines for floating plant

RF Government is to allocate additional $33m in 2010-2011 on development of Petropavlovsk-Kamchatsky, Kamchatka region.

RF Government to give $29m financial aid to Volgograd region to eliminate natural fires consequences.

RF Government to give $3.3m financial aid to Saratov region to eliminate natural fires consequences.

Electropribor and German-Japanese firm ADZ-Nagano are to set up a $50m JV to produce pressure control devices and sensors.

Authorities in the Republic of Udmurtia are to allocate $33m to agricultural firms that have suffered from drought.

Perm region-based diamonds manufacturer Uralalmaz intends to invest $78m in its technological re-equipment.

Authorities in Krasnodar region have allocated $53.6m on repairs and construction of schools in Sochi.

Republic of Komi coal company Vorkutaugol is to invest a total of $58.7m in its development in 2010, up 12.5% on 2009.

Protec, managing Rigla pharmacies, has purchased Panatseya pharmacy chain, working in St. Petersburg and Leningrad region.

Russia's Irkutsk Oil Company seeks to get emission quotas 2010

Russia's Quadra electric power output up 1% on year in Jan-Jul

PRESS: Russia may add Canadian dollar to FX reserves soon - Ulyukayev

Russia's Pharmstandard buys 100% shares of Vindexpharm

High-speed rail service to link Yekaterinburg, Nizhny Tagil 2013

PRESS: Comstar in talks to buy Lipetsk Region operator - sources

System Operator: Russia's power output up 5.1% on yr in Jan-Aug

PRESS: Baring Vostok may buy 10% in ER-Telecom for over $80 mln

PRESS: VimpelCom Ltd halts investments in Vietnamese JV - CEO

Court stops minor holder's info disclosure suit vs Inter RAO UES

Russia plans to build new generation nuclear icebreaker in 2016

Gazprombank places additional $500 mln Eurobond to yield 6.25%

Russia's Omsk Reg asks for extra 147 mln rbl for housing projects

Regulator allows WGC-1 to offer 19 bln extra shares abroad

Russian agency cancels auction for oil field in Nenets district

Wildfires break out in Russia's Volgograd, Saratov regions

Russia's VEB places 10 bln rbl of pension savings in deposits

Russia's narrow monetary base down 0.83% in week to Monday

FFMS registers Mostotrest stock split report. The FFMS has registered a report on the split of Mostotrest common stock. Mostotrest is one of Russia's largest transport infrastructure builders. Following the stock divide in a 1:200 proportion, Mostotrest placed 248 240 000 new securities...

RTS set to become leading trading flow in CIS and Central and Eastern Europe in next 2 years. The RTS stock exchange is set to become the leading trading floor in the CIS and Central and Eastern Europe in the coming two years, the stock exchange board chairman, Roman Garyunov said...

AvtoVAZ to hold additional issue at RUB 40.24 per share. On September 9, AvtoVAZ shareholders are to convene for an AGM, where they should touch upon upsizing the company's share capital though a closed subscription additional issue in favor of Renault, Russian Technologies and Troika...

Western banks to lend USD 250 mn to Transcreditbank and USD 750 mn to Gazprombank. Transcreditbank and Gazprombank are to take loans at Western Banks. In particular, Gazprombank is to raise a 3-year USD 750 mn loan. The deal coordinator is SMBC, bookrunners are WestLB AG, Bank of...

Crude-oil futures ended higher Thursday on Hurricane Earl while a fire at a GoM oil platform turned a mild rebound into a rally. Light, sweet crude for October delivery advanced USD 1.11 and closed at USD 75.02/bbl. London Brent crude settled up 58 cents at USD 76.93, with its premium to...

Prime Minister Vladimir Putin abruptly extended the grain export ban by at least several months from the end of this year because farmers and wholesalers sent grain prices up by holding the latest harvest.

Gazprom tripled first-quarter profit to a record after cold weather boosted demand at home and in Europe, and the ruble appreciated against the dollar, the world's biggest natural gas producer said Thursday.

VTB Group, the country's second-biggest bank by assets, said Thursday that it was on target to meet 2010 profit forecasts, underpinning government hopes to sell a 10 percent stake to a strategic investor by year-end.

Russian oil output fell in August for the first time since January but is set to pick up again this month now that maintenance is complete on a Pacific-coast field, Energy Ministry data showed Thursday.

China and Russia have agreed to expand nuclear power cooperation in a number of areas, including floating power plants, uranium mines, and markets abroad, the China Atomic Energy Authority said.

Russians' sense of material well-being is even higher than before the global economic crisis struck two years ago, poll results released Thursday said, as the country returns to growth.

Germany's Volkswagen and GAZ Group, Oleg Deripaska's carmaker, plan to reach an agreement this month on contract assembly of VW models at GAZ plants, Yelena Matveyeva, GAZ's deputy CEO, told Interfax.

AvtoVAZ is planning to issue new shares to Renault and other shareholders at 58 percent above market levels as part of its restructuring plan, according to documents seen by Reuters.

Analysts at the Justice Ministry have reviewed official statistics and concluded that there has been no improvement in the battle against corruption. The actual number of corrupt officials exposed and punished has not increased over the last three years, though the topic is much more frequently in the news.

Evraz Group expects that core profit will have slipped in the third quarter, despite improving Russian demand, because of volatile prices and concerns about a sustainable economic recovery, the company said Thursday.

Russia announced a 12-month extension of its grain export ban, raising fears about a return to the food shortages and riots of 2007-08 which spread through developing countries dependent on imports

Russia's TGC-2 starts book building for 5 billion ruble bond

Source: Govt OKs fewer foreign bonds, more domestic ones in 2010

Russian stocks rise on positive US home sale, unemployment data

Krasnodar region-based grain trader Krasnodarzernoproduct-Expo intends to open a $13m line of credit with Sberbank.

MRSK South terminates powers of 6 board members and elects 1 new. The BoD of MRSK South has decided to terminate powers of 6 members of the company's managerial board. Specifically, the following board members have been dismissed: CEO of Kubanenergo, Dmitry Pestov, director of the...

VTB submits USD 1.7 bn claim against company it runs on par with VEB. VTB has laid a RUB 1.67 bn action to the Moscow Arbitration Court against Interbank Trade House, the court reported. VTB has confirmed the information, has not explained the reasons behind the move. Interbank Trade House...

LUKOIL waits for recovery of past costs incurred at Trebs and Titov fields. LUKOIL expects to recover costs for past damages incurred during the exploration of the Trebs and the Titov greenfields in Yamal-Nenets Autonomous District. The greenfields have been put at auction. "We are already...

Crude futures close higher on China data and rallying stocks, brushing off bearish inventory data Light, sweet crude oil futures for October gained USD 1.99, or about 2.8%, to settle at USD 73.91/bbl. London Brent crude jumped USD 1.77 to end at USD 76.35. Oil moved higher on Wednesday,...

Kremlin gives public blessing to planned merger between Uralkali and Silvinit as first stage in creating a national fertiliser champion

Amid surge in demand for nuclear energy Russia's state-owned atomic power group outlines plans to become a leading international player

UIC against sale of its ship-building assets to USC. United Industrial Corporation (UIC) counteracts the sale of its ship-building assets to United Shipbuilding Corporation (USC), Russian vice PM and USC board chairman, Igor Sechin told journalists August 31 while in Norilsk. He added that...

Purchase price for raw milk should not exceed RUB 15 per kilo. The purchase price for raw milk must not exceed RUB 15 per kilo. A relevant provision has been added to the price agreement between milk producers and processors, signed March 3, the Agriculture Ministry press service reported....

Sistema Hals reports US GAAP financials for 1H2010: net income doubles, revenue drops 62%. Sistema Hals closed 1H2010 with a USD 243.6 mn net loss, down more than 100% from USD -110.8 mn y-o-y. Revenue shrank by 62% to USD 14.3 mn. Opex spiked 2.4x to USD 152.9 mn. OIBDA was negative and...

First coupon on TGK-6 RUB 5 bn debut bond issue set at 8.3%. TGK-6, part of IES Holding, has defined the first coupon rate on its series 1 RUV 6 bn bond issue at 8.3% per year. Rates on coupons 2-6 have been set at an identical level. The coupon size is RUB 41.30 per each bond of a RUB 1000...

A month of demonstrations across Russia culminated in a melee between pro-democracy demonstrators and police in central Moscow on Tuesday, with dozens of protesters arrested and several injured

Russian prime minister steps into dispute between Norilsk Nickel's main shareholders, but fails to put an end to the fight between Oleg Deripaska and Vladimir Potanin

FFMS authorizes resumption of Kolenergosbyt additional issue. The FFMS has decided to resume the additional issue of Kolenergosbyt registered undocumented common shares and register the issue results. In accordance with the preliminary report on the issue results, Kolenergosbyt managed to...

First coupon rate on Rosselkhozbank series 01 and 05 bonds defined at 7.2% pa. Rosselkhozbank has defined the first coupon rate on the series 01 and 05 commercial bonds at 7.2% per year. Together, the two issues total RUB 15 bn. The coupon size is RUB 35.9 per each bond with a par value of...

Vladimir Putin plans to raise car tariffs to encourage foreign carmakers to invest in Russian production, but the move deals a blow to the country's WTO membership bid

The pipeline, running 67km from Skovorodino in east Siberia to China's north-eastern frontier, is an offshoot of a new oil export route Russia is building to the Pacific Ocean

Surprise proposal comes five months after a deal was struck that gave Ukraine a 30 per cent discount in return for an extended Russian lease for the Black Sea fleet in Sevastopol

Rosatom chief executive says it plans to use its proposed majority stake in Canada's Uranium One as the starting point for global diversification

Emomali Rahmon, the president of Tajikistan, has launched a manhunt for more than a dozen armed fugitives who escaped from a detention centre after a shoot-out.

A Thai court has recommended that Viktor Bout, the high-profile alleged Russian weapons dealer, be extradited to the US to face charges of offering to supply missiles to Colombian guerillas

A deal, to be signed this week, will bolster Moscow's influence in the South Caucasus, a corridor for strategic pipelines carrying Caspian oil and gas to the west

Dmitry Medvedev, Russia's president, hosted a rare summit with the leaders of Afghanistan, Pakistan and Tajikistan on Wednesday, signalling the Kremlin's desire to strengthen ties in the volatile region before Nato forces withdraw from Afghanistan

The request from Bucharest comes in response to the detention of one of its own diplomats in Moscow on espionage charges

As US farmers reap the benefits from failing crops around the world, the traders that handle the country's grain exports will cash in too