Mobile TeleSystems Announces Financial Results for the Third Quarter Ended September 30, 2009MOSCOW, November 13 - Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), today announces Financial Results for the Third Quarter & Nine Months Ended September 30, 2009MOSCOW, Russia - CTC Media, Inc. (”CTC Media” or the “Company”) (NASDAQ: CTCM), Russia’s leading independent media company, today announced its unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. Platts to Launch Russian Pricing Reference for New Asia-Bound Oil Starting Mid-DecemberMOSCOW - Platts, the energy information division of The McGraw-Hill Companies, plans to launch a price assessment for the new Russian crude oil which is slated to start flowing to Asian markets on December 16. The new crude stream, East Siberian Pipeline Oil (ESPO), will be exported from the port of Kuzmino near Vladivostok in Russia’s Far East at an initial rate of 300,000 barrels per day. Frost & Sullivan: Urgent Need for Foreign Investors in Russia to Fix Investment Climate and to Better Weather Economic StormsMOSCOW - The investment climate in Russia is the primary concern for foreign investors. When compared to other emerging economies, Russia does not perform well in transparency rankings or in terms of ease of doing business. In its “Doing Business in 2010″ report, the World Bank places Russia in 120th place out of 183 countries. However, the global recession and plummeting oil prices have made the government realise that supporting and protecting foreign investment are vital to long term economy growth. NDC Board of Directors Approves Formation of Two Committees and Schedules Extraordinary General Meeting of ShareholdersMOSCOW - The National Depository Center (Closed Joint Stock Company) (NDC), Russia’s only settlement depository servicing the full range of debt and equity securities of Russian issuers, today released results of the Board of Directors meeting, held 20 October, which approved the formation of a Committee on Human Resources Issues and Remuneration and of a Budget Committee. The Board also approved Regulations on the committees’ activities. Predecessor committees of the Not-for-Profit Partnership “The National Depository Center” postponed their functioning because of reorganization into the joint stock company. NDC Reports Record RUB5 Trillion Value of Securities on DepositMOSCOW - The National Depository Center (Closed Joint Stock Company) (NDC), Russia’s only settlement depository servicing the full range of debt and equity securities of Russian issuers, today issued its operating results for January-September 2009. ISDEF’2009 Conference Draws to a Close in MoscowMOSCOW - - The ISDEF’2009 (www.isdef.org/en/conference/isdef2009/) Conference Took Place on October 1-4, 2009, at Izmaylovo Alpha (www.alfa-hotel.ru/) Hotel. The Issues of Doing Business and Developing Amid the Crisis Dominated This Year’s Conference. Video: Guy Laliberte’s First Poetic Social Mission In SpaceMOSCOW - - “Moving Stars and Earth for Water” - International artists for a global event Is Russia Ready for Long-Term Investments?MOSCOW - Russia is not quite ready yet for inward investments. This was a general opinion of experts at the meeting organized by Finance & Investment Markets Players Club (KIFIR) and the Institute of Contemporary Development (INSOR), which took place in Moscow on 13 October. Many experts agreed that the main reasons that slow down investments in to the country’s economy are the artificial obstacles, including a complicated tax system, border customs, bureaucracy, as well as luck of transparency and ineffective communications etc. OPK Biotech Develops Research and Production in RussiaMOSCOW - At the close of the 20th century, the lack of donor blood and the safety of blood medication became one of the most critical problems in the area of health protection on a global scale. The WHO (World Health Organization) started the Global Database on Blood Safety, GDBS. Experts also determined the main problems in the area of blood transfusion: the necessity of donor blood and other blood products, the limited access to materials used in hemotransfusion and blood safety. Nowadays the situation has improved, but mainly in western developed countries, which can hardly be said about other developing countries. Movavi Introduces First Version of Video Converter for the MacMOSCOW - Movavi, a leading developer of multimedia processing software, today debuted Movavi Video Converter for Mac OS. Going forward, the company has committed to supporting Mac users for this popular and versatile application that is already in use by more than three million customers around the world. ISDEF’2009 - Software Developers to Gather in Moscow this FallMOSCOW - The Independent Software Developers Forum (ISDEF) is Organizing and Hosting ISDEF’2009, Their 8th Fall Conference. The Event Will Take Place on October 1-4, 2009 in Moscow, Russia. OPK Shipyards Launch a Platform Supply VesselMOSCOW - On September 8, 2009, Severnaya Verf shipyard, a part of United Industrial Corporation (OPK), launched a vessel for oil-rig platform provision, also known as the project VS 485 PSV. Recession Could be Ending, but Crisis Will ContinueMOSCOW - “Recession could be ending, but crisis will continue - Russian experts say. This was the result conclusion of the meeting held on Thursday by the experts from the Institute of Contemporary Studies (INSOR) and the Finance & Investment Markets Players Club (KIFIR). INSOR and KIFIR were the initiators of this meeting. NDC’s Total Equity Up 13.8% to RUB1.947 Billion for 1H 2009 Based on IFRSMOSCOW - “The National Depository Center” (Closed Joint Stock Company), Russia’s only settlement depository servicing the full range of debt and equity securities of Russian issuers, announced today its financial results for 1H 2009 according to IFRS. For the first six months of 2009 NDC’s operating revenue increased 11% against the same period of 2008 and amounted to RUB748.36 million (RUB674.39 million for 1H 2008). The company’s net profit for 1H 2009 dropped 11% (from RUB266.47 million for 1H 2008 to RUB236.18 million for 1H 2009). NDC’s total equity according to IFRS rose 13.8% to RUB1.947 billion (against RUB1.711 billion as of 31 December, 2008). Moscow is Getting Ready for Autumn Period in CrisisMOSCOW - On Thursday 27 August experts of Finance & Investment Markets Players Club (KIFIR - www.kifir.info) will be joined by the experts from Russia’s Institute of Contemporary Development (INSOR - www.riocenter.ru/en) to discuss the following: CTC Media: Financial Results for the Second Quarter, Ended June 30, 2009MOSCOW - CTC Media, Inc. (”CTC Media” or “the Company”) (NASDAQ: CTCM), Russia’s leading independent media company, today announced its unaudited consolidated financial results for the second quarter and six months ended June 30, 2009. Cellestis Appoints BioChemMack as New Commercial Partner in RussiaMOSCOW - Cellestis is pleased to introduce BioChemMack (Moscow, Russia) as its newly appointed commercial partner for distribution of the tuberculosis blood test, QuantiFERON(R)-TB Gold In-Tube (QFT(TM)), in Russia. Bavaria City Racing: a Love Affair With the KremlinMOSCOW - For the second year running, Formula One Racing around the Kremlin proved a great success. The historical center of political power in Russia was encircled by the immense horsepower of the racing machines of the three top teams in today’s Formula One Racing, Red Bull, Vodafone McLaren Mercedes and AT&T Williams. OPK Shipyards Deliver the New Icebreaker “St. Petersburg”MOSCOW - United Industrial Corporation (OPK) shipyards have delivered a diesel electric line icebreaker “St. Petersburg” to Rosmorport (Russian Maritime Port). A solemn ceremony of the signing of the takeover certificate and making the colors of the Russian Federation on the icebreaker was held at the Baltiysky Zavod plant, a part of OPK. United Industrial Corporation (OPK) and Hyundai Heavy Industries Sign a Cooperation Agreement for ShipbuildingMOSCOW - On July 14, 2009, Yan Yanovsky, Managing Director and Member of the Boards of Directors of United Industrial Corporation (OPK) and B.T. Ahn, Executive vice-president of Hyundai Heavy Industries (HHI) signed a cooperation agreement in the field of shipbuilding. The Moscow Business Community Looks at Crisis in ArtsMOSCOW - Outside its borders, Russia was always famous for its creative achievements in arts and sciences. Plays of Russian writers still fill up theatres around the world. Novels by Tolstoy and Dostoyevsky continue to affect minds in many languages. Tchaikovsky and Rakhmaninov are known and played in all countries. Mendeleyev and Tsiolkovsky are quoted in all leading universities. The Soviet 20th century gave the world Gagarin, Sakharov, Shostakovich, Nabokov, Pasternak, Tarkovsky and many others. The new, barely understood, 21st century is unsure as it struggles through economic crisis, a crisis of minds and generations - generations of the past, present and future. During the few years since the collapse of the USSR the world saw the new Russia as a land of suddenly appearing billionaires, aggressively claiming their world recognition, and a land of vast territories with an abundance in natural resources and a rapidly shrinking population. United Industrial Corporation (OPK) and Samsung Heavy Industries Have Signed a Memorandum for the Development of Shipbuilding EquipmentMOSCOW - On June 19, 2009 United Industrial Corporation (OPK) and Samsung Heavy Industries Co., Ltd. (SHI, Korea) signed a memorandum for mutual business cooperation, during SHI representatives’ visit to St. Petersburg Baltiysky Zavod and Severnaya Verf. Gazprom Will Order Gas-Locomotives for Shtockmann Gas-Field From United Industrial Corporation (OPK) ShipyardsMOSCOW - Alexander Ananenkov, vice-president of Gazprom PLC, announced that the company is considering the possibility to place an order for the construction of two tankers (to transport liquefied natural gas from Shtockmann gas-field) at Severnaya Verf plant, a part of United Industrial Corporation (OPK). According to Mr. Ananenkov, Severnaya Verf plant is the only enterprise in Russia, with the ability to build such particular vessels. How Does the Moscow Business Community Cope With Crisis?MOSCOW - - Club KIFIR Meeting - Thursday 9 July 2009 Celebrity guests: Actors of theatre and film Gosha Kutsenko (www.kutsenko.ru) and Misha Gorevoy (www.gorevoy.ru). United Industrial Corporation (OPK) and Mitsui & Co., Ltd. Cooperate in Coking Coal Mining in TyvaMOSCOW - United Industrial Corporation (OPK) and Mitsui & Co., Ltd. signed and agreement on collaborative development of the Elegest coal-field in Tyva, one of the richest coalmines in the world, with a total reserve of approximately 900 million tons. Modern Commercial Navy and United Industrial Corporation (OPK) Sign a Cooperation AgreementMOSCOW - Modern Commercial Navy (MCN) PLC and United Industrial Corporation JSC have signed a cooperation agreement, anticipating the developmental work of technical and commercial operation factors of the construction of multifunctional supply icebreaker and also tankers for transportation of liquefied natural gas. The tankers’ capacity total 75 000 mcubed. PepsiCo and Pepsi Bottling Group to Invest US$1 Billion In Russia 50 Years After Russians Had Their First Taste of Pepsi-ColaMOSCOW - - Investments support new beverage, juice and snack infrastructure, including Domodedovo plant being inaugurated this week OPK: The First Floating Nuclear Power Plant ConstructionMOSCOW - On May 18, 2009 the first floating nuclear power plant was set up in St. Petersburg (Russia). The contract, signed by OPK and “Concern Energoatom” PLC on February 27, 2009, anticipated the construction, launching, rebuilding and testing of the power plant. The exploitation of the head floating power-generating unit, with KLT-40C type reactor, is the final step of this project. According to the contract, the construction of the floating power-generating unit started on February 27th, 2009. By the II quarter of 2012 it is due to be completed. In the fourth quarter of 2012, after testing, it will be operating. TTK’s New Development Strategy Yields Strong Initial ResultsMOSCOW - Company TTK today announced the preliminary results of its new development strategy for 2008-2015, showing significant growth in new market segments within this new framework. The strategy will see TTK develop retail and broadband Internet access, local and long distance call telephony, as well as other retail telecommunication services across Russian regions and aims to increase TTK’s regional fixed communications market share to 17 percent, or more than 2 million households, by 2015. NDC Net Profit for 2008 Based on IFRS Rises 2.23%MOSCOW - The National Depository Center (NDC), Russia’s only settlement depository servicing the full range of Russian debt and equity securities, announced today that its net profit for 2008 based on International Financial Reporting Standards (IFRS) increased 2.23% in comparison with 2007, reaching RUR401.9 million (RUR393.1 million for 2007). Demanding Consumers Push Logistics Improvements in Tough Russian Car MarketMOSCOW - - www.automotivelogisticsrussia.com The market may be reeling from its first major decline in vehicle sales for nine years, made worse by government taxes and anti-corruption measures, but logistics executives are still looking to improve their service to consumers, the Automotive Logistics Russia conference in Moscow heard last week. Rosneft Reaches US $15 Billion Loan Agreement With ChinaMOSCOW - - Baker Botts Lawyers Counsel Russian Oil, Gas Company in Complex Oil Supply Transaction NDC and MICEX Settlement House Begin Providing New Settlement ServiceMOSCOW - The National Depository Center (NDC), Russia’s only settlement depository servicing the full range of debt and equity securities of Russian issuers, announced today that starting 15 June 2009 NDC and MICEX Settlement House (MICEX SH) began offering a new service to settle transactions on a Delivery Versus Payment (DVP) basis using NDC and MICEX SH accounts with Euroclear Bank, the international central securities depository. As part of the new settlement arrangement, NDC is responsible for the securities record and MICEX SH controls the flow of funds. At this stage, settlements are conducted in a range of foreign currencies involving transactions with Russian Federation Eurobonds, ADRs and GDRs. US$200m Into New WiMAX Operator in RussiaMOSCOW - Icon Private Equity, One of the Largest Private Equity Funds in Russia and CIS, Will Invest US$200 Million to Establish a National WiMAX Operator |
