OREANDA-NEWS. On June 21, 2007 the Federal Antimonopoly Service yielded its consent to "Lider" CJSC - a company managing assets of the "Gazfond" National Pension Fund - for purchasing 100% voting shares of "Salavatnefteorgsintez" OJSC, reported the press-centre of  FAS Russia.

The objective of the transaction is to allocate pension reserves of the "Gazfond" National Pension Fund according to the existing legislation of the Russian Federation.

Following market analysis, FAS Russia requested "Lider" to prevent any actions that may lead to competition restriction on the markets of oil refining, and selling oil products, petrochemicals, chemical products and mineral fertilizers.

"Lider" sent its petition to the antimonopoly authority on 20th March 2007/ The company offers services on trust management of assets and investment funds, mutual and pension reserves of non-state pension funds, as well as services on managing securities and securities investment tools.