Stock market news

Sollers

Sollers has launched a diesel engine production plant in the Alabuga Special Economic Zone in Tatarstan. Factory will produce two-liter engines with 130 hp and 2.7-liter engines with 150 hp. Maximum capacity of the plant is 50,000 engines per year. Total investment in the project amounted to ₽2.2 billion, including ₽1.7 billion in borrowings from the Industr...

Solidcore Resources

Polymetal increased its stake in the Baksy project in Kazakhstan from 7.5% to 75%. Remaining 25% is owned by the state-owned company Kazgeologiya JSC. Now the company continues active geological exploration of the site and is preparing to conduct a JORC compliant mineral resource estimate. Decision on the start of production is planned to be made in 2024. Ac...

Acron

Acron has shipped more than 50,000 tonnes of high-quality calcium nitrate since the launch of its innovative production facility in August 2022. Deliveries are made to customers in Russia, Latin America, including Brazil and Mexico, as well as Africa, India and Southeast Asia. Projected production capacity is 100,000 tons per year. Volume of investments amou...

Polyus

Board of Directors of Polyus has approved a share buyback program worth ₽579.4 billion. Company is ready to acquire 29.99% of the share capital at ₽14200 per share. Under the terms of the buyback, owners of Polyus shares as of the end of the day on July 7, 2023 can participate in the buyback. Repurchase will be carried out by the subsidiary JSC Polyus Krasno...

Sollers

Sollers Group intends to invest at least ₽3 billion in the development of a multi-brand industrial center for the production of frame cars at the site of the Ulyanovsk Automobile Plant. In the industrial center it is planned to create a full-cycle production of the Sollers Argo light commercial vehicle, as well as new models of commercial vehicles under the...

Lenta

Lenta chain opened a family restaurant in a hypermarket in St. Petersburg. Concept of the institution includes an open kitchen, self-service, serving dishes in porcelain dishes and daily updating of the menu, which includes more than 500 items. Thanks to the opening of the family restaurant, the company plans to increase traffic in the store and increase loy...

Mobile TeleSystems

MTS conducted alpha tests of a new voice assistant and showed top managers a prototype that successfully turned on a lamp, a robot vacuum cleaner and performed other commands. It will take the company a significant amount of time to make a quality product, an MTS representative noted, confirming the closure of a previous voice assistant project called Marvin...

Etalon Group

Bank of Russia decided to register the prospectus of global depositary receipts certifying the rights in respect of ordinary shares of Etalon and to admit the company's ordinary shares to public circulation in Russia by means of admission of receipts. Thus, the company's receipts will continue to be traded on the Moscow Exchange after the end of the de-listi...

MOEX Group (Moscow Exchange)

Moscow Exchange plans to obtain the status of an exchange operator and start working with DFA by the end of the year. For this purpose, NSD must obtain the status of the operator of the information system in which the DFA is issued, and the exchange itself - the status of the operator of the exchange of digital assets. Besides, before the end of the year the...

Sollers

Sollers Group plans to launch its Far Eastern auto plant - Automobile Industrial Technologies LLC - in Vladivostok starting July 17. Renamed plant of the former joint venture of Sollers and Japanese Mazda will resume operations with the production of pilot batches of a new line of pickup trucks, which will be sold on the Russian market under the Sollers bran...