10:48NefAZ forges ties with Daimler AG
Cooperation with the German Daimler AG company in the production of small- and medium-sized buses should enable the Neftekamsk automotive plant (NefAZ) to expand its model range, enter the fastest growing bus segment and raise product quality to European standards. As a result, the plant would be able to attract new clients and scale up its bus sales.
10:44Mechel releases preliminary financials for 1Q 2008: successful consolidation of coal assets
For 1Q 2008, Mechel's mining division reported record financial and production results. The division attributed its strong performance to the consolidation of new assets. The company's steel division reported lower-than-expected financial results, especially as compared with those of the mining division.
10:04Far Eastern Energy Company unveils plans
Far Eastern Energy Company management has clarified a number of issues relating to the company's development and prospects, which could fuel potential investor interest in the company's shares.
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