MOSCOW, Jul 1 (PRIME)
Credit Bank of Moscow raises 13.175 bln rbl in IPOMOSCOW, Jul 1 (PRIME) -- Credit Bank of Moscow raised 13.175 billion rubles in an initial public offering (IPO) on Wednesday where it floated 3,639 common shares at 3.62 rubles per share, according to data of the Moscow Exchange.
Russia’s B&N Bank shareholders buy 58% in MDM Bank
MOSCOW, Jun 30 (PRIME)Mikail Shishkhanov and Mikhail Gutseriyev, shareholders of Russia’s B&N Bank, have signed an agreement to acquire a 58.33% stake in MDM Bank from Sergei Popov, the banks said in a joint press release Tuesday.
Ukraine stops purchases of Russian gas from Wednesday
MOSCOW/VIENNA/KIEV/SIMFEROPOL/BRUSSELS, Jul 1 (PRIME)Ukrainian energy holding Naftogaz Ukrainy stops purchasing gas from Russian gas giant Gazprom from Wednesday and imports gas only from Slovakia, a spokesman for pipeline operator Ukrtransgaz Maxim Belyavsky told PRIME on Wednesday.
Russia’s Sberbank to initiate bankruptcy of 3 Mechel units
MOSCOW, Jul 1 (PRIME)Russia’s biggest lender Sberbank plans to initiate bankruptcy of three subsidiaries of debt-ridden metals and mining group Mechel, the Chelyabinsk Metallurgical Plant, Yakutugol, and Bratsk Ferroalloy Plant, the bank said Wednesday.
Russian entity allocates radio frequencies bands for joint use
MOSCOW, Jul 1 (PRIME)Russia’s State Radio Frequency Commission has allocated bands of radio frequencies for a joint use by radio-electronic equipment of mobile telephone connection, the Communications and Mass Media Ministry said in a statement Wednesday.
Results of the St. Petersburg International Economic Forum 2015 ‘Time to Act: Shared Paths to Stability and Growth’
ST. PETERSBURG, Jun 23 (PRIME) -- Italian banking group Intesa Sanpaolo is discussing deals worth several billion euros with Russian state-owned oil major Rosneft, Antonio Fallico, chairman of the group’s Russian unit Banca Intesa’s board of directors, said in an interview to PRIME published Tuesday.