By IFRS (International Financing Reporting Standards) Fesco transport group net income in 2007 totaled $103 million, and that is by 58% more as compared to the analogical index last year. Consolidated proceeds grew by 51% to $872 million, EBITDA - by 138%, to $267 million.

Gazprom continues to cut its presence in affiliated structures. Gas monopolist intends to cut its representatives number in Gazprombank directors’ board, and that enables it to exclude the bank from the consolidated reporting. In experts’ opinion, Gazprom does so to improve its financial indices and to prepare Gazprombank to IPO.

Russian Internet holding Mail.ru prepares to hold IPO, as it was announced that the parent company JSC Mail.ru holds talks with Citibank, Goldman Sachs and Credit Suisse about stocks offering on the London Stock Echange (LSE) this summer. Sources aware of the talks assert Mail.ru expects the $2 billion capitalization although half year ago the holding has cost almost twice cheaper

European Bank for Reconstruction and Development (EBRD) became the largest buyer of Globaltrans stocks within the recent IPO of the company in London - the bank purchased 2,5-3% company stocks. Globaltrans is the second Russian railway asset, after TransContainer, where EBRD invests in. Experts consider the bank interest helped the company to offer rather successfully at the crisis market.

As it became known, the chemical holding Acron intends to hold IPO at the London Stock Exchange (LSE) in July. According to the results of 20% stocks’ offering it is expected to attract around $900 million. It corresponds the current company capitalization at the Russian trading floors. Experts are sure that despite the nontraditional for the offering at a stock exchange time of the year, Acron stocks will be of high priority among the investors as the holding capitalization has upped more than twice within the last half-year

Grain-processing holding Pava prepares the secondary public offering (SPO) and plans to hold it at the London Stock Exchange. The French bank BNP Paribas was chosen as an underwriter. The agro-holding with the annual turnover more than $100 million can attract around $33 million within SPO. Pava becomes the third Russian agro-holding after Razgulay Group and Arkada Group of Companies planning the offering in the heat of the world liquidity crisis: the investors pay great interest to this sector companies over the high prices for crops

The first IPO can take place in the Russian railway industry. Globaltrans, where N-Trans Group has selected the part of its business, has declared about the intention to place the stocks in London. It is planned to receive around $500 million for 30% stocks. This figure equals the company debt. IPO will be held on the background of the continuing crisis at the financial markets. And although Globaltrans is estimated at almost half-price than JSC TransContainer, which recent private offering of stocks has been successful, the investors can still insist on a discount.

The Russian internet corporation “Yandex” is going to conduct IPO on the American stock exchange NASDAQ in autumn, 2008. About this reported the newspaper “Kommersant” with reference to the undisclosed source. According to the information of the edition, Morgan Stanley, Deutsche Bank and Renaissance Capital will prepare the offering. Analysts suppose that stocks’ offering of “Yandex” will become one of the largest Russian IPO of informative and communication sector companies.

Relations of Russia and the Great Britain are spoilt: the latter plans to toughen the rules of stock exchange listing whereas United Company Rusal, one of the world’s largest producers of aluminum, thinks of its IPO replacing for the sum $9 bln from London stock exchange (LSE) to Hong Kong.

Savings Bank (Sberbank) intends to postpone the program of global depositary receipts (GDR) issue on the London stock exchange (LSE) for the second half of 2008. Reason of postponement became the unfavorable environment on western markets: in Sberbank fear the sharp fluctuations of stocks’ quotations. However, analysts consider, that terms postponement of entrance to the foreign trading floors can become a negative signal to the investors.