Russian-American Business magazine - http://russianamericanbusiness.org/web_CURRENT
“GAZPOM” to strengthen stock market positions
http://russianamericanbusiness.org/web_CURRENT/articles/364/1/%93GAZPOM%94-to-strengthen-stock-market-positions
News Service
 
By News Service
Published on 01/21/2009
 

Next year Russia’s “GAZPOM” concern will strengthen its positions on the world stock markets, and its shares will rise in price. This forecast was made by Europe’s largest bank UBS. This year “GAZPROM” bonds, as well as the bonds of the other big companies, have suffered as a result of the global financial crisis.


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Next year Russia’s “GAZPOM” concern will strengthen its positions on the world stock markets, and its shares will rise in price. This forecast was made by Europe’s largest bank UBS. This year “GAZPROM” bonds, as well as the bonds of the other big companies, have suffered as a result of the global financial crisis. Next year, the world economy’s demand for raw materials, including natural gas will grow.

The governments of major countries are taking measures to give a boost to their economies, analysts say. The UBS bank gives recommendations to investors to buy “GAZPROM” shares, as well as the shares of the Novolipetsk Metallurgical Works.