ANK Bashneft' OAO (BANE_p.MM)
|Market Cap (Mil.):||руб277,421.31|
|Shares Outstanding (Mil.):||217.36|
MOSCOW - Russian conglomerate Sistema is reviewing its costs, portfolio of investments and future plans, it said on Thursday, after a drop in profits and a "challenging" year that saw the state seize its majority interest in oil firm Bashneft.
* CEO says reporting period "most challenging" (Recasts, adds detail, CEO quotes)
Nov 12 - Aktsionernaya Finansovaya Korporatsiya Sistema OAO
* October's 10.6 mln bpd near post-Soviet record 10.63 mln
* Kremlin has been gathering oil assets after privatisation
MOSCOW, Oct 30 - Russian oil-to-telecoms group Sistema, controlled by billionaire Vladimir Yevtushenkov, said on Thursday it disagreed with a court decision to seize its shares in oil company Bashneft and was considering an appeal.
MOSCOW, Oct 30 - The Moscow Arbitration court ruled on Thursday that shares in Bashneft owned by Russian conglomerate Sistema should be returned to the state after an "improper privatisation".
* Sistema lost 72 percent of its capitalisation since July (Adds detail)
MOSCOW, Oct 23 - A Russian court decided on Thursday to postpone hearings on the sale of shares in oil producer Bashneft to Russian conglomerate Sistema to Oct. 30.
MOSCOW - Russian President Vladimir Putin said on Thursday he would not intervene in a legal investigation into the privatization of an oil company in which oligarch Vladimir Yevtushenkov has been placed under house arrest.