Stock market news

Nebius Group

Yandex.Business has begun operating in Kazakhstan. Service helps entrepreneurs to promote their brand, automatically place advertisements on various sites and offer their services in Search and Yandex.Maps.

Sberbank

Sberbank's RAS net profit for 9 months of 2023 amounted to ₽1.129 trillion. Net interest income increased by 38.1% to ₽1.675 trillion. Fee and commission income grew by 18.9% to ₽515.2 billion.

PIK-specialized developer

Centrotrust does not intend to interfere in the development strategy of developer PIK, said the CEO of the new shareholder Kirill Kubushka. Earlier it became known that the largest shareholder of PIK Sergey Gordeev ceased to own a controlling stake in the company - his share decreased from 52.49 to 32.49%, and 20% of the developer passed to a combined ZPIF I...

Fix Price Group

Board of directors of Fix Price proposed to redomicile the company from Cyprus on the territory of International financial center Astana in Kazakhstan. Shareholders meeting will discuss this issue on November 9.

Phosagro

Two companies registered in the Kaliningrad SAR, which together own 43.6% of PhosAgro, have filed lawsuits against Euroclear for ₽3.4 billion. Claims have been filed with the Arbitration Court of the Kaliningrad Region. Details of the lawsuits have not been disclosed yet. PhosAgro did not comment on them.

VEON

Veon has completed the sale of Vimpelcom to Russian management. Deal does not provide for buy-back arrangements and means a complete withdrawal from the Russian market, Veon said.

Credit Bank of Moscow

MKB intends to focus on developing its corporate business and earn ₽100 billion in net profit by 2029, according to the bank's updated 2029 development strategy. MKB is betting on creating a global infrastructure for international settlements of exporters and importers and wants to become the bank of first choice for corporate clients' foreign trade activiti...

Far-Eastern Shipping Company

Fesco transported more than 66 thousand TEUs in the first 9 months of 2023 within the Far East coastal services, which is 4% more compared to the same period last year. Largest increase in volume was attributed to transportation to Sakhalin by FESCO Korsakov Direct Line, where the figure increased by 19% to 26 thousand TEU.

Positive Technologies Group

Positive Technologies has introduced a new product for endpoint cyber threat detection and response - MaxPatrol EDR. With static and behavioral analysis, PT Expert Security Center expert rules and flexible configuration of detection and response rules, the system identifies complex and targeted attacks in dynamics. In addition, MaxPatrol EDR allows you to st...

Acron

Acron Group is implementing a project to expand and modernize its calcium nitrate production in Veliky Novgorod. Project involves increasing the capacity of the existing unit to 135,000 tonnes per year and building a second unit with a capacity of 135,000 tonnes per year. As a result, calcium nitrate production capacity will increase 2.5 times by 2025. Inves...