Tuesday 3 December 2013

How to increase awareness of Russian markets | Russia Beyond The Headlines

How to increase awareness of Russian markets | Russia Beyond The Headlines:

"Russia Beyond the Headlines: What key sectors are you, as the head of international listings at NYSE Euronext, looking at outside of oil and gas? What kind of Russian companies do you hope will list in the future?
Albert Ganyushin: Beyond oil and gas, we are looking at companies in technology, Internet, media, telecoms, retail, financial institutions and transport. Companies from these high growth sectors are likely to be coming to list and IPO on the NYSE in the near future.
Another category of companies that we expect to welcome in the future are larger, established Russian companies that are looking to improve their access to US-based investors and drive valuation and liquidity of their stock.
RBTH: What type of Russian companies are listed now?
A.G.: The NYSE has two companies listed from Russia - Mobile TeleSystems OJSC (NYSE: MBT) and Mechel OAO (NYSE: MTL). A third company, Luxoft has a significant footprint in Russia and is headquartered in Switzerland. We are delighted that since its IPO in June this year, Luxoft's share price nearly doubled making it one of the best performing companies this year."

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