Stock market news

NOVATEK

Several vessels in the shadow LNG fleet are out on the road after being idle for the past two months. In the Western Arctic near Murmansk, the newly built gas carrier Mulan called at Saam FSU over the weekend, likely to reload the LNG it had previously offloaded in late September. In the Far East, the gas carrier Pioneer left Nakhodka Bay on December 20 head...

PIK-specialized developer

PIK structure won the auction for the sale of the former hostel of the Moskvoretsky brewery. Lot includes a non-residential building with an area of almost 3.3 thousand square meters and 0.1 hectare of land. PIK will get the asset, which was put up with an initial price of ₽176.1 million, for ₽180.1 million.

SFI

SFI has fully repaid the remaining ₽9.7 billion of debt under the loan agreement, thus reducing its current loan obligations to zero. Reducing the debt load to zero in an expensive money environment is a great advantage for SFI in terms of accuracy in forecasting the holding company's total expenses and the ability to keep them at a fairly low level, said Ol...

Softline

Softline has unveiled its outlook for 2025. Company expects turnover to increase to at least ₽150 bln. Gross profit to ₽43-50 bln, adjusted EBITDA to ₽8.5-10 bln. Ratio of adjusted net debt to adjusted EBITDA of the Group at the end of 2025 is expected to be no more than 2.

Abrau-Durso

Shareholders of Abrau-Durso decided to increase its authorized capital by placing 11.5 million additional shares by private subscription in favor of Aktiv Capital LLC. Price of the shares placement will be determined later.

Artgen

Betuvax, part of the Artgen Biotech group, has raised about ₽100 million in venture capital investment in a private placement. Funds will be used to conduct preclinical and clinical studies of the drug against cat allergy, as well as to develop vaccines against human papillomavirus and rotavirus.

EN+ Group

Board of Directors of En+ Group extended the authority of CEO Vladimir Kolmogorov until December 31, 2025. He took over as CEO in May 2024, replacing Mikhail Khardikov, whose three-year contract was terminated five months after signing.

Mobile TeleSystems

MTS expects revenue growth of 14% in 2025 and OIBDA growth of about 6%, said Alexey Katunin, Vice President for Finance. In 2024, as the company forecasts, its revenues will grow by 15% and exceed ₽700 billion, and by 2027 MTS expects to reach ₽1 trillion in revenue.

MOEX Group (Moscow Exchange)

Supervisory Board of MosBirch has decided to extend the authority of Viktor Zhidkov as chairman of the board until March 31, 2027. He was temporarily appointed to this position at the end of September, when Yury Denisov, who had been the head of the exchange since May 2019, left. Prior to that, Viktor Zhidkov headed the National Settlement Depository.

Tatneft

Extraordinary meeting of shareholders of Tatneft failed due to lack of quorum. At this meeting, the shareholders were to decide on the payment of dividends in the amount of ₽17.39 per ordinary and preferred share. Reconvened meeting will be held on December 26.