Stock market news

Sberbank

Ministry of Finance has budgeted ₽375 billion in dividends from Sberbank in 2024. Taking into account the size of the state stake, the government can receive such payments with total dividends of ₽750 billion, or about ₽33 per share. In 2022, the bank paid ₽565 billion in dividends, or ₽25 per common and preferred share.

Rosneft Oil Company

Rosneft started development of the Preobrazhensky horizon at the Verkhnechonskoye oil and gas condensate field in the Irkutsk Region. Drilling and reconstruction of more than 200 wells increased production potential by 4 mln tons of oil. Preobrazhensky horizon is located at a depth of 1,600 meters. Initial recoverable oil reserves are more than 28 million to...

Tesla

Sales of Tesla electric cars in Q3 2023 amounted to 435.06 thousand units, up 26.5% from 343.83 thousand a year earlier. Sales of Model S/X decreased by 14.4% to 15.985 thousand, Model 3/Y increased by 28.9% to 419.07 thousand. In the third quarter, the company produced 430.49 thousand electric vehicles, up 17.6% from 365.92 thousand a year earlier.

Alrosa

Shareholders of Alrosa approved dividends for 6 months 2023 in the amount of ₽3.77 per ordinary share. The last day of purchase of securities to receive dividends is October 17, 2023. Dividend yield may amount to 5.03%.

NOVATEK

Shareholders of NOVATEK approved dividends for 6 months 2023 in the amount of ₽34.5 per ordinary share. The last day of purchase of securities to receive dividends is October 9, 2023. Dividend yield may amount to 2.06%.

MMC Norilsk Nickel

MMC Nornickel started ore extraction in the Glubokaya mine of the Skalisty mine at a depth of 1,943 meters. According to the company, this is a record depth for the Eurasian mining industry. On its balance sheet, the mine has about 280 million tons of ore of various types. By 2030, the company plans to increase production of rich ore at the mine by 45% - fro...

United Wagon Company RPC

Board of Directors of UWC appointed Sergey Limarenko as CEO of the company. He has been working in UWC since 2021 as Deputy CEO for Finance and is also a member of the Management Board. Main tasks of the new CEO will be further development of the production direction and joint preparation of the sale of the company with Trust.

Samolet Group of Companies

Developer Samolet plans to build a residential complex in Yekaterinburg with an area of more than 31 thousand square meters. Complex will consist of three buildings of variable storeys of 13-33 floors with a total of 739 apartments. Start of construction is scheduled for the fall of 2024. Whole project will be realized in four years.

Ozon Holdings

Ozon in cooperation with VK has developed its own operating system for Hartens smart TVs. Voice assistant Marusya, RuStore app store and other VK services, as well as VK's own application for Smart TV, will be built into the Ozon TV shell for new TVs produced under the company's own macretplace brand. It is planned to produce more than 25 thousand devices ba...

Crystal

Kaluga-based Kristall distillery is set to launch an IPO on Moscow Exchange in the 4th quarter of this year. Company expects to raise ₽1-1.5 billion to implement its growth strategy and replace Western liqueur producers that have left Russia. Distillery produced 1.35 million decaliters of liquor products in 2022. Kristall's revenue in the first half of 2023...