Stock market news

X5 Group

Retail chain Pyaterochka by the end of 2023 will increase by 1.8-2 thousand new stores in Russia, said general director of the chain Vladislav Kurbatov. In 2024 the company intends to keep the pace of network expansion at the same level. Every day in Russia opens 5-6 new stores of chain.

X5 Group

Pyatyorochka retail chain opened its 20 000th store. New facility with 300 sq. m. area opened in the South-West of St. Petersburg - Kirovsky district. At present there are 528 stores in the city and 394 shops in the Leningrad region. By the end of this year about 60 more Pyatyorochka stores will open in Leningrad region and St. Petersburg.

RUSAL

Rusal's investment program in 2023-2025 will amount to $1.6-2 billion, said Chairman of the company's Board of Directors Bernard Sonneveld. About $0.5-0.6 billion of them will be invested in the Leningrad Alumina Refinery project. In 2023, the investment program is expected to be at the level of previous years, and in 2024-2025 the company expects to increas...

VTB Bank

VTB exited the grain business by selling its stake in Demetra Holding in the amount of about 45%. Holding unites assets in the field of export logistics and trading. It includes Russia's largest grain terminals. Company owns Novorossiysk Grain Terminal, a 35.36% stake in NKHP, as well as a grain terminal complex Taman. "The price is objective and the margin...

Svetofor Group

Shareholders of Svetofor Group approved dividends for 2022 in the amount of ₽0.4707 per ordinary share. The last day of purchase of securities to receive dividends is July 7, 2023. Dividend yield may amount to 1.51%.

LUKOIL

Lukoil and EuroChem will invest ₽200 billion each in the implementation of projects in Stavropol region, said the governor of the region Vladimir Vladimirov during a meeting with President Vladimir Putin. Oil company Lukoil is planning to create a plant in Budennovsk for the production of urea and complex fertilizers with a capacity of 1.5 million tons, Euro...

Novorossiysk Commercial Sea Port

Shareholders of Novorossiysk Commercial Sea Port approved dividends for 2022 in the amount of ₽0.798 per ordinary share. The last day of purchase of securities to receive dividends is July 10, 2023. Dividend yield may amount to 8.44%.

Territorial Generating Company № 2

General Prosecutor's Office filed in Leninskiy Court of Yaroslavl a lawsuit demanding that the shares of TGC-2 be returned to the state. Defendants are Leonid Lebedev, a senator from Chuvashia, who was the majority shareholder in TGC-2, and a number of companies, including Raltaka Enterprises Ltd, Litim Trading Limited and OOO Kores Invest. In total, they ow...

MMC Norilsk Nickel

MMC Norilsk Nickel sold its distribution company Norilsk Nickel USA in North and South America to American TMP Holdings. American market is one of the traditional markets for Norilsk Nickel's products, along with the European market. In 2022, the Americas accounted for 15% of the company's sales in 2022 and the share rose to 17% in the first quarter of this...

SmartTechGroup (CarMoney)

CarMoney has sold under DPO 305 million shares worth ₽978 million, of which ₽834 million has already flowed into the company's capital. Rest of money will also be put into equity after finalization of all brokerage, transaction and other costs. Proceeds will be used to implement the growth strategy and maintain the necessary equity to scale the company's bus...