Sber became the owner of 41.9% of Element Group, having bought 37.6% of shares from AFK Sistema and 4.3% from minority shareholders. Deal amounted to ₽27 billion. In the future, BEAC will send a mandatory offer to purchase shares from other shareholders. Price will be determined based on legal requirements and will amount to at least ₽0.1372 per share. Roste...

Rostec has no plans to sell its stake in Element Group of Companies, the state corporation's press service said. Rostec owns 41.6% of Element Group of Companies. Earlier, Kommersant's sources reported that AFK Sistema sold its stake in the electronics manufacturer to Sberbank for ₽25 billion. A TASS source close to Element said that the deal is a matter of t...

Sale of AFK Sistema's stake in Element Group to Sbu was closed before the New Year with reservations that must be eliminated by the end of January, Kommersant found out. AFK's share is estimated at 24 billion rubles, and the entire Element Group is estimated at more than 50 billion rubles. Upon completion of the transaction, the production assets of Element...

Element Group plans to establish a foundation center for silicon photonics by the end of 2027, which will develop and produce a set of basic elements of photonic integrated circuits. By 2030, the company plans to provide the photonics market with at least 17 types of optoelectronics and integrated photonics products. Investments in the project will amount to...