Veles Capital Released Daily Russian Market Review
OREANDA-NEWS. November 30, 2009. Veles Capital released daily market review:
Principal postulates of bailout to AvtoVAZ have been defined. On Friday the management of AvtoVAZ and its largest shareholders – Renault, State Corporation Russian Technologies and Troika Dialog signed MoU. The State provides 50 bn RUR to AvtoVAZ, Renault invests 240 mn Euro to the capital of AvtoVAZ, not in cash, but as technologies, equipment and know-how.
Export duty for oil from
Gazprom: French were attracted to South flow.
Management of Polyus considers the possibility of reverse takeover of KazakhGold.
Lenenergo reported by IAS for 6 months of 2009.
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