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. Last Updated: 07/27/2016

For the Record

Continental Invest, controlled by businessman Nikolai Makarov, bought from Continental Management, a unit of Basic Element, a 25.07 percent stake in the Baikalsk Paper and Pulp Mills, Basic Element said Wednesday. (MT)

KamAZ increased truck output 19 percent in the first quarter from a year earlier to 6,155 vehicles, with full year sales expected at 28,200 trucks, it said Wednesday. (Bloomberg)

Nord Stream said Wednesday that it would mark the start of the gas pipeline’s construction with a ceremony April 9.(Bloomberg)

Gazprom-controlled OGK-2 signed a 17.8 billion ruble supplement agreement to have Group E4 build capacity at its Serov power plant, the generator said Wednesday. (Bloomberg)

Russian oil refining runs rose by 1.8 percent on a daily basis in February from January and by 2.9 percent versus February last year, marking the second straight monthly rise, Energy Ministry data showed Wednesday. (Reuters)

TNK-BP said Wednesday that it would triple investments in exploration this year to $400 million. (Bloomberg)

VEB had a profit of 31 billion rubles ($1.1 billion) last year, Prime Minister Vladimir Putin said Wednesday. (Bloomberg)

LUKoil plans to spend $480 million developing its gas projects in Uzbekistan this year, the press service for its overseas arm said Wednesday. (Bloomberg)