Gazprombank
Finance
Web-site: www.gazprombank.ru/eng/
"Gazprombank invests and lends to companies in major sectors of the economy — oil and petrochemical industry, metallurgy, machine building, nuclear industry, electric power industry, real estate construction, transport, telecommunications and trade. Gazprombank delivers a wide range of banking and investment services to over 45,000 corporate and about 3 million private clients." (Source: Gazprombank)
Major shareholders: Non-state pension fund GAZFUND (50% +1 share), Gazprom (41.73%), Novye Finansovye Tehnologi (6.98%)
Financial results (IFRS 2010)
Total assets: 1.95 trillion rubles
Total equity: 221.9 billion rubles
Profit: 66.3 billion rubles
Headquarters: Moscow, Russian Federation
Following the president's order to cut the number of officials entitled to use flashing lights to skirt through traffic, several incidents of alleged abuse involving high-profile figures have come to light.
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President Vladimir Putin's regime is clearly going through hard times. Russia hasn't seen anything close to the massive anti-Putin rallies of the past six months since he came to power in 2000. Nor has it seen round-the-clock opposition camps that, like the monster in "Terminator 2," have the frightening ability to reassemble themselves no matter how many pieces they are broken into.
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MegaFon has borrowed $4.5 billion to help finance a buyout of Mikhail Fridman 's 25.1 percent stake, bringing Russia 's No.2 mobile-phone operator closer to a possible $4 billion London initial public offering later this year.
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A regional court Thursday left its injunction blocking Magnitogorsk Iron & Steel’s acquisition of an Australian iron-ore miner unchanged, according to a statement by the Russian steelmaker.
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Investor sentiment toward local electricity stocks is almost as bad as in October 2008 when the generic Unified Energy System share price (the weighted average of its 23 spin-offs) was $0.20. At the end of 2011, the value stood at $0.60. UES itself had ceased to exist on June 30, 2008, at a share price of $1.10. In other words, UES investors would have lost roughly half of their initial investment.
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Rosneft, Russia's biggest oil producer, agreed to borrow $1 billion from Gazprombank to fund operations.
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