OREANDA-NEWS. November 25, 2009. Veles Capital released daily market review:

Vimpelcom summed up the results of 3Q 2009. Sales of Vimpelcom in 3Q 2009 by US GAAP formed 71.3 bn RUR versus 68.9 bn RUR within the similar period a year earlier. OIBDA grew from 33.6 bn RUR to 36 bn RUR. The net profit totaled 13.5 bn RUR versus 6.5 bn RUR a year earlier.

The board of directors of Gazprom approved the budget for the next year. As expected, on Tuesday the board of Gazprom’s directors approved the budget and the investment program for 2010 and decided to submit them to approval by the government of RF.

Growth of average retail tariff for power energy in 2010 will form 3.6%. Growth of average retail tariff for power energy in 2010 will form 3.6%, announced the chairman of the Federal Service of tariffs (FST).

In 2010 GAZ intends to output 65-70 thousand vehicles. In 2010 it is planned to output two types of GAZel vehicles: a cheaper model, which already is output by the plant, and the new GAZel is to be output from February.

Uralkaliy delays the time constraints of expansion of production for a year. Due to the slow rates of demand recovery at the global potassium market Uralkaliy made a decision to introduce changes to the investment program execution schedule and introduction of the new capacities on potassium chloride output.