OREANDA-NEWS. On 02 September 2009 Veles Capital released daily market review:

The expected report by Rosneft by US GAAP for 1H and 2Q 2009. In 2Q 2009 Rosneft gained 1.6 bn USD of the net profit. That is 2.7 times lower than the similar estimate of the previous year and by 21.7% lower than the estimate of 1Q 2009.

Evraz completed 1H 2009 with net loss by IAS amounting almost 1 bn USD. Evraz Group completed 1H 2009 with net loss by IAS in the amount of 999 mn USD versus the net profit of 2 bn USD for the similar period of the previous year. EBITDA formed 468 mn USD (8 times drop), sales – 4.639 bn USD (drop by 2.3 times).

LUKOIL closed the deal on purchasing the refinery in Netherlands.

Bashneft intends to up the extraction in 2010 by 8% to the level of 2009.

Minenergo and FST are discussing the revision of tariffs for the power energy.

NWT is upping the investment program.

Wholesales supplies of AvtoVAZ within August reduced by 33% to 58 thousand vehicles.