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In its May 11 first-quarter earnings report, OAO said that pricing pressure in the IBM Systems Management business will continue to squeeze margins and will sink second-quarter profits as well.
Effective 1 April 2015 to 31 December 2015, Russian Railways OAO will offer Mechel Group's railway operator its services on cargo train traffic on approved schedules.
According to Reuters, Russian steel giant Severstal OAO (MCX:CHMF) had previously indicated interest in purchasing some of Mechel's assets if they were put on the market, but the company declined to comment on the matter today.
OAO Mechel (NYSE; MTL), a Russia-based coal and steel company, is interested in acquiring a share in OAO Raspadskaya (RASP.RS), a Russia-based coking coal producing company, Dow Jones has reported, citing unnamed sources familiar with the matter.
Norwegian telecomms group Telenor ASA said on Monday (1 December) that it had finalised the sale of OAO Comincom and its wholly-owned subsidiary OAO Combellga.
Under the agreement, Mechel OAO's subsidiary Yakutugol Holding Company OAO has signed the revised agreement with Eurasian Development Bank.
Hals-Development is 51.24% owned by Russian lender Bank VTB OAO (MCX:VTBR) and is the first local property group to list on the London Stock Exchange.
Total SA (EURONEXT: RNO), a France-based energy company, is paying USD4bn for a minority share in OAO Novatek's - Russia's largest independent natural-gas producer - Arctic gas project.
Mining company Mechel OAO (NYSE:MTL) revealed on Wednesday the extension of the maturity of its loan agreements with Uralsib Bank to 2016.
Buyer: Yandex NV, Mobile TeleSystems OJSC (MTS), Rostelecom OAO , VimpelCom Ltd, Megafon OAO
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