Revenue increased 22% to 319.5 billion rubles ($13 billion) in 2007 against 2006. Revenue in the first quarter of 2008 dropped 5% year-on-year to 66.6 billion rubles ($2.8 billion).
The Interros holding owned by Vladimir Potanin, a Norilsk Nickel co-owner, closed on Thursday a deal to buy a 50% stake in KM Invest, owned by Potanin's former business partner Mikhail Prokhorov. After the consolidation of a 100% in KM Invest, the holding will control around 30% of Norilsk Nickel and a similar stake in Polyus Gold, Russia's largest gold producer.
The size of the deal has not been disclosed.
Norilsk Nickel accounts for over 20% of global nickel output, more than 10% of cobalt production and 3% of copper.
The company's share on the Russian nickel market stands at around 96%. It accounts for 55% of domestic nickel production and produces 95% of Russia's cobalt.
