| December 2009 |
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The Finance Ministry of Belarus submitted on Monday a draft budget for 2010, with revenues expected to reach about $20 billion and a budget deficit of about 1.5% of GDP.
Novolipetsk Steel (NLMK), one of Russia's largest metallurgy companies, posted a US GAAP consolidated net loss of $79 million in the first nine months of 2009, the company said.
The Hong Kong Stock Exchange has delayed considering an application from Russia's aluminum giant RusAl for a $2.5 billion initial public offering (IPO) on the bourse, two sources close to banking quarters said on Monday.
Russia's future natural gas exports to China will be equivalent to around one third of its Europe-bound gas supplies, Gazprom spokesman Sergei Kupriyanov said on Monday.
Russia and India have reached an agreement to complete a refit of the Admiral Gorshkov aircraft carrier, a Kremlin source said on Monday.
Ukraine's reduced demand for gas will cost Gazprom $1.3 billion in 2009, the Russian energy giant said on Monday.
The official dollar rate set by the Russian Central Bank for December 8 is 29,5221 rubles, up 32.42 kopeks, the Central Bank said on Monday.
Russia's state-controlled retail savings bank Sberbank said on Monday its net profit under International Financial Reporting Standards in January-September fell 88%, year-on-year, to 10.3 billion rubles ($349 million).