In order to highlight the value of the non-Gazprom related holdings, offer more direct and transparent exposure to Old Vostok Nafta’s portfolio of assets, and meet different investors’ risk preferences, the shareholders in Old Vostok Nafta approved the board of directors’ proposal for a restructuring of the Company at an Extraordinary General Meeting on May 24, 2007. The Restructuring entails spinning off the non-Gazprom related part of Old Vostok Nafta’s portfolio into a new company, New Vostok Nafta. As a result of this Restructuring, Old Vostok Nafta changed name on May 24, 2007 to Vostok Gas.
New Vostok Nafta’s business concept is to use experience, expertise and existing network to identify and invest in assets with considerable value growth potential, with the focus on Russia and the other CIS states. Russia has undergone extensive structural changes in the last few decades. Since 1998, when the economic recovery began after the sharp devaluation of the rouble, great progress has been made in restructuring the Russian economy. The Russian economy has grown strongly in the last seven years, with an average annual rate of growth in real GDP terms of 6.7 per cent.
New Vostok Nafta will continue to invest in accordance with previous strategies. The formation of New Vostok Nafta and the capital being injected into the Company in connection with the restructuring will also provide a better basis for exploiting the investment opportunities to be found in Russia and the other CIS states.
A round lot of shares in Vostok Nafta Investment Ltd, whose short name is VNIL SDB, amounts to 200. Vostok Nafta is a Mid Cap company in the Financials sector . You can find more about Vostok Nafta here.
Per Brilioth, MD of Vostok Nafta, is welcomed to OMX Nordic Exchange, by Jenny Rosberg, OMX.
Per Brilioth wait for the first closed deal in Vostok Nafta's share.
Tolls the bell to make the first closed deal in the Vostok Nafta's share. The first trade was executed at SEK 76,75.
The Guestbook is being signed.
Per Brilioth receives the first closed deal eternalised, from Johan Allstrin, OMX.
. You can find more about Vostok Nafta 
