OREANDA-NEWS. February 05, 2010. Veles Capital released daily market review:

FNC reported by IAS for 6 months of 2009. Sales of FNC by IAS within 6 months upped by 26% versus the similar period of 2008 and formed 42.2 bn RUR, which occurred on behalf of power transportation tariff increase. Expenses of the current activity of FNC grew by 16% and formed 35.5 bn RUR.

Loss of AvtoVAZ in 2009grew significantly, having exceeded the 9 months 2009 level. In 2009 the net loss of AvtoVAZ has upped significantly versus 2008, having exceeded the level of 9 months of 2009. By the end of 2010 the company accounts on making “zero” operating profit and EBITDA to reach the level of 4.5 bn RUR.

RusHydro plans to correct the agreement with RusAl on BEMO.

United Rostelecom will be listed abroad…and might up the debt by 26 bn RUR.

Alfa-Bank is once again throwing sand in the wheels of GAZ.