Stock market news

Sberbank

Sberbank's RAS net profit for 8 months of 2023 amounted to ₽999.1 billion. Net interest income increased by 40.1% to ₽1.468 trillion. Commission income increased by 19.9% to ₽449.9 billion.

MD Medical Group Investments

MD Medical's IFRS net profit for 6 months of 2023 amounted to ₽3.368 billion, up 3 times from ₽1.106 billion in the previous year. Revenue increased 5.7% to ₽12.853 billion vs. ₽12.159 billion a year earlier.

Rusagro

Rusagro intends to expand the Digital Farmer project and announced a search for financial organizations for a partnership project in the field of financing agricultural producers. More than 3,000 agricultural producers are in need of borrowed funds for business development and working capital replenishment, the company notes. Digital Farmer service was laun...

Alrosa

Alrosa mined the largest gem-quality diamond in the last 10 years at the Mayat diamond mine in the Anabar district of Yakutia. Weight of the diamond is 390.7 carats. Diamond found is a light crystal of non-standard shape, bordered by a yellow-brown halo - a unique combination of mass, shape and color to date. Previously, the largest gem-quality diamond weigh...

AbbVie

The AbbVie Board of Directors announced a quarterly dividend of $1.48 per share. The last day to buy securities to receive the dividend is October 11, 2023. The annual dividend yield may reach 5.04%.

Sollers

Sollers launches at the former Mazda-Sollers site in Vladivostok the production of ST6 pickup trucks - it is a licensed copy of the Chinese frame pickup JAC T6. Vehicle is equipped with all-wheel drive transmission with manual gearbox. Company plans to produce two versions of the pickup: with a two-liter diesel and gasoline engine.

PIK-specialized developer

PIK will build a 340,000 square meter industrial park on 83 hectares of land near Kuvekino village acquired in August 2021. Construction will begin in the fourth quarter of 2023, and completion of the first stage of the project is scheduled for the fourth quarter of 2024. In addition, the developer plans to implement projects to build industrial parks in all...

KAMAZ

Kamaz Autoconcern will start test operation of a hydrogen bus in Naberezhnye Chelny, the location of a hydrogen refueling station in the city has been approved. Next station is planned in Kazan. To date, there are no hydrogen refueling stations in Russia, except for a pilot one in Chernogolovka, Moscow Region. In addition, in 2024, Kamaz plans to introduce a...

Ozon Holdings

Ozon launched a warehouse complex in Khabarovsk, which became the largest in the region and the first in the federal district. In the 47,000 square meter Class A logistics complex, in addition to the main warehousing area, there is an office block and a fire hazardous goods storage area. Launching a full-field center in Khabarovsk will allow to reduce the ti...

Rostelecom

Government directive on Rostelecom's dividends for 2022 should be received by the company soon, it is under approval by the Cabinet of Ministers, a source close to the company's Board of Directors told reporters. In August, it was reported that the Ministry of Finance supported the payment of dividends by Rostelecom for 2022 in the amount comparable to the v...