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N e w s
FEBRUARY 20
ALROSA Increased Share in Moscow Bank for Reconstruction and Development up to 26.6%
ALROSA Company increased its share in the authorized capital of Moscow Bank for Reconstruction and Development from 18.8% to 26.6%. According to Irina Skulyova, Head of Department of Consolidated Accounting of MBRR the deal was coordinated by the management of the bank, AK&M reports. According to her the strategy of the bank will not change because of the new big share holder.
The resource in the company said that having purchased the block share holding ALROSA obtained a permit of Ministry of Antimonopolist Policy of the Russian Federation.
Balance currency of MBRD on December 1, 2000 - 1275 mln rubles, equity - 70.35 mln, balance profit - 25.5 mln rubles, net profit - 16.4 mln. Authorized capital of MBRR is 45.7 mln rubles.
ALROSA produces 98% of Russian diamonds. Balance profit of the company in 2000 - 16 bn rubles.
Source: AK&M
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