Thursday, August 14, 2014

Sanctions act: Rosneft apparently sought government assistance – handelszeitung.ch

Sanctions act: Rosneft apparently sought government assistance – handelszeitung.ch

Under the pressure of Western sanctions has applied according to media reports government help Russia’s biggest oil company Rosneft. The company had requested inter alia to support the eradication of the equivalent of 37 billion francs debt, reported the newspaper “Vedomosti”.

Deputy Prime Minister Arkady Dvorkovich confirmed the request indirectly. “The ministries will decide in the next two weeks, otherwise – no comment.” He said on Thursday

Head of Government sees Rosneft Help skeptical

«Vedomosti» According sees Prime Minister Dmitri Medvedev Help a skeptical. Rosneft gets because of international sanctions against Ukraine-Russia currently no money in the capital market. Whether Rosneft actually does not have cash, is questionable: In the last quarter of the state-owned enterprises earned the equivalent of 4.43 bilion francs. Excluding the impact of exchange rates, the increase was 88 percent, as the company announced recently.

(sda / moh)

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