Saratov. Net profit of OAO “Saratovneftegas” (a subsidiary of “RussNeft”, numbered among top ten major Russian oil companies) in the first quarter increased 10.3 times, amounting to 829.208 million rubles in RAS, according to materials of the company.
The company recorded a first quarter net profit in 2010 of 80.198 million rubles, the fourth quarter profit – 623.3 million rubles.
Ulyanovsk. OAO “Ulyanovskneft”, a production subsidiary enterprise of OAO NK “RussNeft”, summed up the results of implementation of environmental activities in the first quarter of 2011.
Orsk. OAO “Orsknefteorgsintez”, a subsidiary enterprise of NK “RussNeft”, in 2011 plans to allocate about 56 million rubles to implementation of environmental program. It includes the realization of annual plan of clean-up activities to protect air, water basins and soil in oil refinery affected area.
Izhevsk. OAO “Belkamneft”, a subsidiary of OAO NK “RussNeft”, rendered charitable help to four pre-school institutions of Izhevsk in amount of 140 thousand rubles. Allocated funds will be directed to the repair and strengthening of material and technical base of organizations. Management of kindergartens expressed thanks to OAO “Belkamneft” for their assistance.
Moscow. Just in one year the Chairperson of “RussNeft” Mikhail Gutseriev managed not only to achieve dramatic improvements in virtually all key financial and production indicators of the holding, but also generate an effective strategy for growth and development of the company.