Nov 13. Rosneft is well-positioned to acquire Lukoil

Finamrus com 13.11.2007 14:36
http://www.finamrus.com/newtopics/news03C87/default.asp

Rosneft is well-positioned to acquire Lukoil, vice president and director of Lukoil's chief directorate for strategic development and investment analysis Leonid Fedun said in an interview with a Russian magazine. "It's quite simple to do this. During a year about 60% of Lukoil shares turn around on an exchange, i.e. Lukoil could be picked up within a year, if one is willing to. You should clearly understand that since its inception the company has developed as a market-oriented concern. You can't just come up to a shareholder and take a big stake from him, since the shareholder simply does not have it" – Fedun said in his statement.

Nov 12. Gazprom, whose export strategy involves participation in energy generation activities on key sales markets, confirmed plans

Finamrus com 12.11.2007 14:26
http://www.finamrus.com/newtopics/news03C74/default.asp

Gazprom, whose export strategy involves participation in energy generation activities on key sales markets, confirmed plans to construct a large TPP in the German town of Lubmin near Greifswald, the final point of the Russian-German gas pipeline Nord Stream. As German newspaper Frankfurter Allgemeine Zeitung (FAZ) wrote quoting Gazprom's deputy board chairman Alexander Medvedev, the gas concern is going to build this thermal power plant with production capacity of over 1,000 MW in partnership with E.ON.

Nov 9. Finam raises Severstal's target price.

Finamrus com 09.11.2007 16:10
http://www.finamrus.com/newtopics/news03C6C/default.asp

Finam Investment Company has revised its target price for Severstal's shares from $14.30 to $23.33, cutting the stock recommendation from Buy to Hold. Finam analysts think that the factors producing a positive impact on the metal major's securities are the favorable conditions on the rolled products market and also the company's aggressive expansion into the precious metals sector.

Nov 7. Mechel Group has launched syndication of a $2 bn loan

Finamrus com 07.11.2007 13:02
http://www.finamrus.com/newtopics/news03C47/default.asp

Mechel Group has launched syndication of a $2 bn loan to refinance the acquisition of Yakutia-based coal assets, the metal group said in a statement. The credit facility will be arranged by seven banks: ABN Amro, BNP Paribas, Calyon, Natixis, Societe Generale, SМВС and Commerzbank. Mechel is to raise a $1.7 bln 5-year pre-export loan (secured by future payments for the group's exports) and a $300 mln 3-year unsecured credit.

Nov 2. Akron could pay out Rub 25 as 9M07 per-share dividends.

Finamrus com 02.11.2007 13:12
http://www.finamrus.com/newtopics/news03C29/default.asp

Akron could pay out Rub 25 as 9M07 per-share dividends. The Board of Directors at Akron recommended at Wednesday's meeting that a December 20 EGM approve 9M07 dividend payouts of Rub 25.00 per common share with Rub 5.00 par value each, the company said in a statement. As the press release pointed out, this figure takes into account Rub 13.00 per-share dividends paid for H107.