Newsroom (Russia & CIS)

19.07.2006 Court rejects YUKOS request to stop Rosneft IPO A British court has rejected a request by embattled Russian oil group YUKOS to halt the London flotation of state-owned rival Rosneft. The UK High Court on Tuesday rejected YUKOS’s application for a judicial review of the Financial Services Authority's decision to admit Rosneft shares for trading on the London Stock Exchange on Wednesday.
19.07.2006 Natural resources law to follow law on strategic industries The new version of the law on subsurface resources will be passed after that on access of foreign investors to strategic industries becomes effective, Yury Trutnev, Russia's Natural Resources Minister, told journalists today.
05.07.2006 Stabilization Fund tops $77bn The Stabilization Fund of the Russian Federation was RUR 2.066796 trillion (about $77 billion) on July 1, 2006, RBC was told at the Finance Ministry’s press service. On June 1, the Fund stood at 1.9289 trillion, an increase of RUR 469.9 billion since January 1, 2006
30.06.2006 Internet conference with Putin (Russia) Russian President Vladimir Putin will hold an Internet conference on July 6, 2006 to answer the questions of Russian and foreign Internet users
30.06.2006 Russia and Paris club sign debt settlement agreement (Russia) Russia and the Paris Club of creditor nations have signed a multi-party agreement allowing Russia to pay its remaining debt of about $22 billion to the club
30.06.2006 Gazprom buys Itera (Russia) Gazprombank, the banking arm of Russia’s gas monopoly Gazprom, has purchased a 51 percent stake in the gas company Itera’s subsidiary Sibneftegaz, which holds the license for the Beregovoye gas condensate field in Western Siberia
18.04.2006 The Law of Ukraine “On Holding Companies” has been adopted (Ukraine) The Law lays out general provisions on the establishment and activity of  Holding companies in Ukraine
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