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NPO Saturn-released issue suspended.

Nov. 28 the Bank of Russia suspended an additional stock issue released by NPO Saturn in the volume of 7bn rub., as it was informed.

7bn stocks of 1 rub. par are placed through the close offering.

Saturn NPO (TIN 7610052644) was formed on the basis of Rybinskie Motors and A.Lyulka-Saturn in July 2001. It is a leading engine production company providing development, servicing and production of gas turbine engines for different sectors of economy.

The share capital is equal to 3.984bn rub. split in 3983657690 common stocks of 1 rub. par. The Company is included into Joint Engine Corp. (ODK) as Oboronprom sub set up to provide management over the engine building assets.

The 9-month 2013 net losses (RAS) rallied down 44.84% to 923.875mln rub. from 1.675mln rub. prior year; revenues being doubled to 11.962bn rub. from 5.32bn rub.; profit from sales - coming to 1.472bn rub. vs. 1.255bn rub.; pretax losses declined 7.61 fold to 314.919mln rub. from 2.396bn rub.

"AK&M", 12:48, 04.12.2013 1251 AKM,COR


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