Research Notes

22.07.10	Kuzbass Fuel Company: ambitious steam coal producer	Metals , Coal , OJSC "Kuzbasskaya Toplivnaya Company"
02.07.10	Strategy for 3Q2010: Correction adds appeal to Russian equities	Economics & Strategies
24.06.10	Mosenergo: on way to cost-effectiveness enhancement	Power Utilities , Heat Generation , Mosenergo
15.06.10	Buy-back by Acron: risks and opportunities	Chemicals & Petrochemicals , Mineral Fertilizers , Acron
15.06.10	Gas distribution: slight move to the right direction	Gas Distribution , Other , Bryanskoblgaz , Nizhegorodoblgaz , Voronezhoblgaz
10.06.10	TNK-BP Holding: development in full swing	O&G , OJSC TNK-BP Holding
09.06.10	NCSP: investment program adds to fundamental value	Transportation , Novorossiysk Commercial Sea Port
09.06.10	Kuzbassrazrezugol: Where is the value created, and who are the beneficiaries?	Metals , Coal , Kuzbassrazrezugol Coal Company
08.06.10	Cherkizovo Group: Russia’s meat leader	Consumer , Food , Cherkizovo Group
08.06.10	Silvinit: output matters, not price	Chemicals & Petrochemicals , Mineral Fertilizers , Silvinit
07.06.10	OGK: robust results and optimistic forecasts	Power Utilities , Heat Generation , OJSK Enel OGK-5 , Wholesale Generation Company 1 of the Electricity Market , Wholesale Generation Company 2 of the Electricity Market , Wholesale Generation Company 3 of the Electricity Market , Wholesale Generation Company 6 of the Electricity Market
04.06.10	Tactics – June 2010: prices look attractive, but global risks keep market on edge
01.06.10	Construction industry barometer: still under post-crisis pressure	Construction , Bamtonnelstroy , OJSC Mostotrest
18.05.10	RusHydro: new management- new prospects	Heat Generation , Power Utilities , OJSC RusHydro
13.05.10	Raspadskaya: market overestimates accident damage	Metals , Coal , Raspadskaya

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