Moscow Exchange expects about ten initial public offerings in 2023, said Natalia Loginova, director of the department for work with the issuers of the stock exchange. These will mostly be mid-capitalization companies: the volume of offerings will average up to ₽10 billion. Among the companies that are considering going public this year are companies from the IT sector, fintech and retail, which need capital for rapid growth. But there is also demand from companies in the traditional economy.