OREANDA-NEWS. On 10 August 2009 Veles Capital released daily review - August 7, 2009:

Gazprom and Rosneft came to Turkey to stay. Turkish Aksa Energy establishes new joint enterprises with Russian Gazprom export and Rosneft, announced the representative of Aksa, imparts Interfax.

CTC Media: seasonal growth. Sales of CTC Media in 2Q 2009 totaled 113.9 mn USD, which is 34% lower than the similar estimate of the previous year. The net profit reduced by 38% to the level of 30 mn USD.

Transneft will issue 100 bn RUR worth of bonds this fall. Transneft plans to place its second transfer of bonds for 100 bn RUR till September-October, announced the president of the company Nikolay Tokarev to the journalists, imparted Interfax. According to him, currently the technical preparations are taking place for the given issue, all activities are planned to be completed till October.

TMK will direct 401 mn USD to buyback of LPN on behalf of 450 mn USD credit from VTB. The shareholders of Pipe metallurgy company (TMK) approved attraction of the credit from VTB for 450 mn USD for 1 year with the possibility of prolonging till 2014. The assets in the amount of 401 mn USD will be directed to the buyback of a share of LPN. The buyback will be conducted within the frames of a partial refinancing of the Eurobonds.

Volgatelecom announced its half year results by RAS. Sales of Volgatelecom, JSC by RAS in 1H 2009 totaled 13.4 bn USD, which is 3.3% higher than the similar estimate of the previous year. The net profit upped by 26% to the level of 2.2 bn RUR.