Russia's state-owned Rosneft has signed two loan agreements with a group of international banks for a total of $16.8 billion to finance acquisition of BP's 50% stake in Anglo-Russian TNK-BP, the company said Monday. "Pursuant to these ...
Reuters reported that Russian precious metals miner Polymetal would decide next year whether to double production capacity at its Albazino gold project in Russia's far east after doubling its estimate of mineral resources there. Mr Vitaly ...
Paris based insurer Societe Generale has named Jean-Luc Parer as the head of its international retail banking division, which also makes him the member of the executive committee of the group. Jean-Luc Parer succeeds Jean-Louis ...
Tags: Societe Generale, Jean-Luc Parer, SocGen, special advisor
RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
Mitsubishi and PSA Peugeot Citroen are planning to borrow EUR320m to triple the production capacity of their Russian Joint Venture (JV). In June 2012, both the companies will extract seven-year loans valuing EUR170m from the European Bank ...
Tags: Mitsubishi, PSA Peugeot Citroen, streamline operations
French cement maker Lafarge SA (LG. FR) is planning to sell a seven-year, euro-denominated bond, one of the banks running the sale said Monday. Initial price guidance has been set in the area of 6.25%. BNP Paribas, Credit Agricole, HSBC, ...
Tags: market view, cement