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Yandex expects consolidated revenues to grow 16-19% in 2017

Company’s consolidated revenues rose 27% to $1.3 bln in 2016

MOSCOW, February 16. /TASS/. Yandex expects consolidated revenues will surge 16-19% year-on-year as of 2017 year-end, the Russian Internet company said on Thursday.

Company’s consolidated revenues rose 27% in 2016 to 75.9 bln rubles ($1.3 bln).

Adjusted net profit of Yandex under US GAAP reporting statements surged 16% on an annualized basis to 14.1 bln rubles ($246 mln).

Consolidated revenues rose 27% in 2016 to 75.9 bln rubles ($1.3 bln) as of the year-end. Adjusted EBITDA grew by 25% to 26.1 bln rubles ($455.1 mln) in 2016.

Eastern Economic Forum

Development of Sino-Russian cooperation to be main topic of AmurExpo forum

AmurExpo is the off-site venue of the Eastern Economic Forum

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Russian missile cruiser Varyag enters Mediterranean Sea

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Scholz says era of fossil fuel will be over soon

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Pobeda bloc expects global community to respond to struggle against opposition in Moldova

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Ukraine says Western systems ineffective against Russia's electronic warfare

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Confiscation of Russian assets by the US to affect Europe more — expert

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Russia recovers black boxes from crashed Tu-22M3 bomber

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Press review: Dissecting US aid package to Ukraine and sands of global economy shifting

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Throughput capacity of Baikal-Amur Mainline surging threefold in twelve years

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Ukraine lost best fighters near Artyomovsk, retired general says

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Russia firmly ready for peace solution in Ukraine — Kremlin spokesman

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Ukrainian army strikes own surrendering soldiers — POW

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Ukrainian forces refuse to obey Commander-in-Chief Syrsky — CIA ex-analyst

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Involvement of NATO states prolongs Ukrainian conflict — Russian ambassador to Germany

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Russia’s top brass reports destroying US-made Hawk air defense system in Ukraine operation

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Baku cannot turn blind eye to France, India, Greece arming Armenia — President Aliyev

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Army officer some media point to as Nord Stream blasts coordinator goes missing in Ukraine

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Kremlin vows legal action against US bill on seizing Russian assets

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US 'not forgetting' to help itself with aid to Ukraine — Kremlin

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Top Hungarian diplomat warns US-NATO-EU competition in Ukraine could spark WWIII

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Top Russian security official praises Republika Srpska’s principled position on Ukraine

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Rosatom denies reports about flooding of uranium deposit wells in Kurgan region

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Russian peacekeepers heading for temporary deployment centers in Armenia

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Revival Party leader released after being questioned by Moldovan special services

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Moldova’s top prosecutor suspects treason behind creation of Pobeda bloc

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Russia has significant amount of West’s funds in case of confiscation of its assets

Russia views the West’s encroachment on its assets as "a blatant and shameless theft for the purpose of lining its pockets," Maria Zakharova noted

Russian troops destroy four boats with Ukrainian assault force on Dnieper River

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Russian deputy defense minister detained on suspicion of bribe-taking

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Assad says sure Russia will win conflict in Ukraine, re-unite brotherly peoples

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Russia ready to offer access to Asian markets to partners in BAM upgrade — Putin

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Lenin Museum in Finland's Tampere to shut down in November

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Republika Srpska president praises Moscow-Banja Luka relations, favors strengthening them

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Nicaragua, Russia sign declaration to counter illegal sanctions — vice president

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Russia to incorporate US nuke scenario in Poland in its military planning — diplomat

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Russian troops liberate Novomikhailovka community in DPR — top brass

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Russian troops level off frontline near Kremennaya in LPR for further advance

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Russia invites all countries to develop North - South transport corridor — Putin

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Ukrainian troops fleeing Ocheretino in small groups, says DPR

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Switzerland unblocks Russia-related assets worth 290 mln Swiss francs

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Chinese diplomat cautions US against 'demonizing' China-Russia relationship

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Putin informed about detention of Deputy Defense Minister Ivanov

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Liberation of Novomikhailovka brings closer encirclement of Ugledar, says DPR official

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Almaz-Antey adapts air defense launchers for various missiles

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Over 280 recovered from mass grave at hospital in Khan Yunis — TV

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Beijing condemns US hypocrisy around Ukraine conflict

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New anti-Russian sanctions to include ban on LNG supplies — Swedish Foreign Minister

Tobias Billstrom deemed adopting the 14th sanctions package "one of the most important things"

Value of frozen Russian assets in Switzerland drops to $6.36 bln over the year

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Current Russian turn eastward possible owing to Baikal-Amur railway — Putin

BAM personifies giant labor and courage of two million very young people from across the entire Soviet Union, the Russian leader said