For the Record

Feb. 21, 2011

KRASNOYARSK ?€” An exchange to trade diamonds might be created in St. Petersburg, Finance Minister Alexei Kudrin said Saturday at the Krasnoyarsk economic forum in Siberia, without elaborating.
(Bloomberg)

Gazprom has limited natural gas use by industrial consumers in Russia since Tuesday because of cold weather and has asked industrial consumers in 42 regions to partially switch to other kinds of fuel to help satisfy increasing gas demand from households, company spokesman Igor Volobuyev said Friday.
(Bloomberg)

Deutsche Bank sold its 9 percent stake in the RTS stock exchange, Marietta Nikolayeva, a spokeswoman for the German lender in Moscow, said Friday, without identifying the buyer or the price it got for the stake in RTS, which is in the process of merging with bigger competitor MICEX.
(Bloomberg)

Novolipetsk Steel plans to invest 39 billion rubles ($1.3 billion) in its iron-ore division over the next four years, including constructing a pellet facility with German-Finnish venture Siemens VAI/Outotec, Novolipetsk said in a statement Friday.
(Bloomberg)

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