Russia: throughput of Neva-Metal flat in Q1 2017

In January-March Neva-Metal CJSC (stevedoring company of Severstal) handled about 800,000 tons of cargo, which is close to the result of January-March 2016, the company reported. Container handling totaled about 23,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized and…

Russia: TogliattiAzot 2016 RAS net profit down

The net profit of Russian chemicals company TogliattiAzot dropped by about 94%, to 1.283 billion rubles in 2016, as calculated under Russian Accounting Standards (RAS), the company said in a statement. Revenue declined by 30%, to 44.35 billion rubles. Sales profit went down by 73%, to 7.34 billion rubles and pretax profit fell by about…