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. Last Updated: 07/27/2016

For the Record

Power-generating company Quadra, formerly known as TGK-4, said Thursday that its 2011 net income declined 64 percent to 900 million rubles ($28.38 million), while revenues rose 13 percent to 40.2 billion rubles, and EBITDA increased 13 percent to 4.4 billion rubles.

An offer by fertilizer maker Acron to buy up to 66 percent in Polish chemicals company Azoty Tarnow at 36 zlotys ($10) per share is too low, Poland's Treasury Minister Mikolaj Budzanowski told TVN CNBC broadcaster.