Gazprom Profits Freeze up

30.11.2014

GAZPROM – According to Russian accounting standards, the clean profit of Russian gasworks giant Gazprom has dropped by almost 92.3 percent to 35.8 billion roubles (574 million EUR) during the last three quarters. The company has stated that the drop is caused by creating reserves for dead assets, especially due to the Ukrainian debt and the drop of the rouble.

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