Friday, January 21, 2022

Putin has made Gazprom director Alexei Miller a Hero of Russian Labor

 


 Russian President Vladimir Putin has awarded Gazprom chief Alexei Miller the title of Hero of Labor, Izvestia reported, citing a decree issued on January 20.

As FOCUS News Agency reported earlier, the net profit of the Russian state concern Gazprom for 2021 will be a record, exceeding 2 trillion rubles (over 23 billion euros). The company will also reach record revenues exceeding the figure of 8.2 trillion rubles (about 92 billion euros), said Gazprom Deputy Chairman of the Board Famil Sadigov.

 "Net profit will reach the maximum value for the entire existence of the company, exceeding 2 trillion rubles. At the same time, the net profit for the first nine months of 2021 already amounts to 1550 billion rubles, which exceeds the results of each previous calendar year, "he said.

According to him, Gazprom's revenues in 2021 will exceed the record figure of 2018 - 8.2 trillion rubles. EBITDA will also reach a record record of 3.5 trillion rubles. The volume of capital investments in the Gazprom Group will amount to 1.9 trillion rubles, and free cash flow will exceed 1 trillion rubles, which is more than the amount of dividends paid in 2021.

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