OREANDA-NEWS. November 2, 2010. Veles Capital released daily market review:

Raspadskaya was condemned in violation of industrial safety requirements. Operation of “MUK-96” mine, which occupies 40% of output by “Raspadskaya coal company”, was totally suspended by the decision of court for 20 days due to violation of industrial safety requirements.

Volgatelecom and Sibirtelecom summed up 9 months results. RAS net profit of Volgatelecom for 9 months of 2010 formed 4.4. bn RUR, which is 39% higher than the similar estimate of the previous year. Sales grew by 6% to 21.3 bn RUR; OIBDA reached the level of 9.3 bn RUR, which exceeds the estimate of the previous year by 8%. Sales of Sibirtelecom by RAS upped by 4% within 9 months of 2010 and formed 21.6 bn RUR, OIBDA formed 8.6 bn RUR (+20%), net profit upped by 83% to 3.2 bn RUR.