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Russian billionaire Oleg Deripaska may list "several" businesses this year after the initial public offering last month of aluminum producer United Co. Rusal Ltd., the deputy chief executive officer of his investment company said.

The last year has been a fateful one for many Russian companies - some of which have been on the brink of bankruptcy. The year was certainly anything but simple for the 'Basic Element' group of companies, whose debt totals approximately $20 billion. However, in December it was reported that all the group's companies had succeeded in coming to agreement with their creditors on debt restructuring.

Vremya Novostei

The Gelendzhik airport in the Krasnodar territory will open for passenger flights by May 15, airport director Irina Lyashova said.

ITAR-TASS

On March 1, 2010 GAZ Group completed restructuring of its RUR 39.3 billion bank debt. The Company entered into 5-year loan agreements with 22 Russian and foreign banks, providing for a two-year grace period for repaying the principal and 6 months grace for interest payments. Sberbank of Russia acted as organizer of the syndicate of GAZ Group's creditor banks, while Raiffeisenbank became documentation agent.

Strikeforce Mining and Resources Ltd (SMR), a member of Oleg Deripaska's Basic Element holding and Russia's largest ferromolybdenum producer, has signed a deal with lenders to refinance $122 million of debt.
Interfax

SMR, or Soyuzmetallresurs, which is controlled by Russian holding Basic Element, or BasEl, has signed a U.S. $122 million loan agreement to fully refinance its debt, the company said Monday.

PRIME-TASS News Agency

Zhirikensky Mining and Processing Plant, which is run by Strikeforce Mining and Resources Ltd (SMR), a member of Oleg Deripaska's Basic Element holding and Russia's largest ferromolybdenum producer, exceeded design capacity for 2.375 tonnes of ferromolybdenum last year by 5% to produce 2,500 tonnes, the plant's director told Interfax.

Interfax

En+ has become the first privately owned company in Russia to be granted a permit to mine uranium.

Vedomosti