The winners of the National competition “Stock Market Elite 2005” were announced on 25 May 2006 during the official ceremony. It was already the 6th ceremony, during which NAUFOR (The National Association of Stock Market Participants), the competition promoter, awarded honorary prizes to the companies who had implemented the most interesting projects and showed outstanding professional performance at the stock market.

This year the National jury selected winners in 20 nominations.

This year among the participants of the Awards Ceremony were Oleg Vyugin, the head of the Federal Financial Markets Service, and Sergey Vasiliev, the Chairman of NAUFOR Board, the Chair of the Financial Markets and Currency Committee of the Federation Council of the RF.

JSC “North-West Telecom” has been awarded the title of the winner in the “Best Issuer” nomination. It is noteworthy, that this nomination included 7 companies: along with OJSC NWT other winners were the largest Russian issuers such as JSC “Lukoil”, JSC “Gazprom” and RAO UES. The prestigious title of the winner has been confirmed by the recognition of the professional community.

Other winners of the “Stock Market Elite 2005” competition also included partners of the JSC “North-West Telecom”: CitFinance Investment Bank, the lead manager of the third debenture issues of the JSC “North-West Telecom” was awarded competition prize in “Bond Market Company” nomination, Energocapital Investment group, who acts as a market maker for JSC “NWT” was named in the “Equity Market Company” nomination.

Vladimir Akulich, the CEO of the JSC North-West Telecom, said: “The “Stock Market Elite 2005” award is a recognition of success of JSC North West Telecom  at the stock market. This high appraisal should become a benchmark for our future work with investment community”.

The National Competition “Stock Market Elite” is organized by the NAUFOR since 2000 in order to develop the Russian security market, to attract public attention to Russian Stock Market and to encourage the stock market participants to further improve their professional performance.