Forex trading store

March 25 (Reuters) – Russian companies are planning dozens

of initial and secondary share offerings in 2010 as the global

economy recovers and investors seek risk again.

UC RUSAL, the world’s biggest aluminium producer,

in January raised $2.2 billion via an initial public offering

(IPO) in Hong Kong, although it is yet to be followed by a

second IPO.

Following are IPOs in the pipeline for companies in Russia

and former Soviet republics:

ISSUER PROCEEDS TIMING

==================================================

Russkoye Morye $200 mln March-April

Russian seafood producer Russkoye Morye has confirmed plans

to raise $200 million in an IPO in Russia and to start the share

placement in late March.

Rusagro $300 mln May

Major Russian agricultural group Rusagro plans to raise up

to $300 million by listing shares in Moscow in May.

Protek $200-300 mln May

Russian drugs distributor Protek is planning to place shares

in May, according to sources, while Russian business daily

Vedomosti said it wanted to raise $200-300 million from 10-15

percent of its stock.

Freight One TBC Q4

Russian Railways, the state-owned operator of Russia’s vast

rail system, is seeking to offload assets to raise cash and

could float a significant stake in $5 billion-valued freight

operator Freight One from September.

TransContainer TBC end of 2010

Russian Railways plans to sell 35 percent minus one share in

its cargo unit TransContainer. The IPO may take place at the end

of this year or early next year; a listing in Hong Kong is an

option.

Kamchatka Gold TBC Q4

Russian tycoon Viktor Vekselberg, a key RUSAL shareholder,

is targeting Hong Kong for an IPO of his Kamchatka Gold miner as

the project is dependent on Chinese demand.

EN+ Power up to $1 bln Summer

Debt-laden Russian tycoon Oleg Deripaska is planning to list

power firm En+ Power, which operates 14 power stations with

total capacity of 19,500 megawatts, in Hong Kong.

Uralchem up to $600 mln March-April

Russian fertiliser producer Uralchem is seeking an urgent

share placement to help pay down a mammoth debt-pile. The

company plans to raise $400-600 million via the sale of 20 to 30

percent of its shares.

SUEK up to $1.5 bln Q2

SUEK, a leading coal producer, plans to list its shares in

London later this year, possibly in the second quarter. The

group would raise about $1 billion via a 10 percent flotation.

Kuzbass Fuel Company $300 mln Q1

Kuzbass, Russia’s seventh largest steam coal

miner, could raise about $300 million via an additional share

sale in the first quarter.

Metalloinvest up to $2 bln TBC

The Russian iron and steel firm half-owned by Alisher

Usmanov could raise $1-$2 billion and may take a decision on the

IPO at the end of the first quarter.

Polymetal $300 mln TBC

The Russian precious metals miner plans to raise

some $300 million via a placing of up to 10 percent of its

shares.

LSR up to $600 mln TBC

The real estate company could carry out a

secondary placement this year in Moscow and London. The company

may raise $300-$600 million.

Victoria TBC TBC

The medium-sized Russian grocery chain is considering an

initial public offering and has hired Goldman Sachs and

Renaissance Capital as advisors.

(Compiled by John Bowker; Editing by Sharon Lindores)

Keywords: RUSSIA=IPOS/

(john.bowker@reuters.com; +7 495 775 1242; Reuters Messaging: john.bowker.reuters.com@reuters.net)

COPYRIGHT

Copyright Thomson Reuters 2010. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.