OREANDA-NEWS. May 27, 2010. Veles Capital released daily market review:

Majority holder of Raspadskaya is refusing from paying dividends for 2009. The management of Raspadskaya and Evraz Group, which on parity basis own Corber Enterprises Limited company, which holds 79.99% of Raspadskaya, made a decision to vote against paying dividends by the results of 2009 at the annual meeting of shareholders on June 2, announced the coal company.

Lenenergo reported weak by IAS for 2009. Sales of Lenenergo by the results of 2009 by IAS formed 22.8 bn RUR, having added 27% versus the previous year, which was related mainly to the raise of tariffs for the output of power energy and joining networks. Cost of equity grew by 27% and formed 18.5 bn RUR.