Stock market news

Severstal

Severstal for 6 months of 2024 produced 5.22 million tons of steel, which is 8% less than in the same period last year. Pig iron production decreased by 15% to 4.77 mln tons amid repairs at BF-5. Sales of steel products fell 6% to 5.177 million tons. Share of high value-added products increased by 7 p.p. to 53%.

Rusagro

Rusagro's revenue for 6 months of 2024 amounted to ₽142.72 billion, up 30% from ₽109.58 billion a year earlier. Sales of industrial products from the oil and fats segment rose 81% to 1.03 million tons. Pork sales and production fell 17% and 13% to 121,000 tons and 153,000 tons, respectively, due to lower birth rates following the ASF outbreak in 2023. Sugar...

MOEX Group (Moscow Exchange)

SR Space, a private space company, has launched its first Pre-IPO using the infrastructure of Moscow Exchange. Company plans to raise about ₽1.5 billion on a cash-in basis. Applications will be accepted until August 8. Only qualified investors can participate in the placement.

Pre-IPO

SR Space, a private space company, has launched its first Pre-IPO using the infrastructure of Moscow Exchange. Company plans to raise about ₽1.5 billion on a cash-in basis. Applications will be accepted until August 8. Only qualified investors can participate in the placement.

Rosseti Lenenergo

Lenenergo has signed a contract with Nartis Plant LLC for the supply of charging stations for electric vehicles from 2024 to 2026. Amount of the deal is ₽164.5 million. Company also placed two more similar tenders on the public procurement portal with a total value of ₽20.2 million. Terms of reference specify both slow charging stations with a capacity of 55...

Rostelecom

Operator Rostelecom bought out the remaining 49.99% of BFT-Holding, a developer of information systems in the field of digital transformation of public administration. Company will be retained as a business unit and will continue to work in the State Digital Services and Services cluster of Rostelecom Group.

RosDorBank

Rosdorbank placed 2.42 million shares of the additional issue at the lower end of the price range of ₽165 per share. About 50% of the shares were purchased by existing shareholders under the pre-emptive right. For them, the price per share amounted to ₽160. Among the objectives of the offering: increasing free-float, financing road factoring, and scaling up...

Cherkizovo Group

Cherkizovo's RAS net profit for 6 months of 2024 amounted to ₽6.66 billion, down 6.1% from ₽7.09 billion in the previous year. Revenue increased by 7.3% to ₽10.87 billion against ₽10.13 billion a year earlier.

MMC Norilsk Nickel

MMC Norilsk Nickel is negotiating with several Chinese battery manufacturers to build a plant in China, sources told Reuters. At the plant it is planned to jointly produce nickel sulfate, used in batteries for electric cars, from Russian nickel matte, one of the agency's interlocutors said. Company is ready to supply the plant in China with 50 thousand tons...

X5 Group

X5 Retail Group has launched the delivery of private parcels to individuals and individual entrepreneurs via Pyaterochka and Perekrestok stores. You can send and receive a parcel at any of 20.7 thousand 5Post outlets in almost 4 thousand settlements in 63 regions of Russia. New service is mainly designed for those who sell goods on various online marketplace...