OREANDA-NEWS. On April 07, 2008 largest domestic independent oil and natural gas company ITERA increased RAS net profit by 23,7% y/y to RUB 2,9bn (USD 122,8mn) in 2007.

Company’s revenues went up by 23,7% y/y to RUB 29,7bn last year.

Itera has an authorized capital of RUB 60mn and is 99,99%-owned by Cyprus based Itera Holding Limited.