Stock market news

Phosagro

PhosAgro plans to decide on a licensor for its ammonia and urea complex by the end of this year and make a final investment decision on the project in the first half of next year. Company continues to study proposals from possible licensors from Asia, but PhosAgro has never worked with licensors from these regions and is not familiar with their specifics, wh...

Sovcomflot

Shareholders of Sovcomflot approved dividends for 2022 in the amount of ₽4.29 per ordinary share. The last day of purchase of securities to receive dividends is July 3, 2023. Dividend yield may amount to 4.82%.

Sollers

Sollers Group proposes that Russian automobile concerns create an investment consortium to jointly develop the production of components that are not available in the country. AvtoVAZ supports the initiative and confirms that the manufacturers themselves simply do not have the funds to localize technologies on such a large scale. Companies have a serious cred...

Alrosa

Alrosa may pay dividends for the first half of 2023 if the diamond market remains stable. This approach was agreed upon by the company's major shareholders - the Russian government and Yakutia, said head of Yakutia Aysen Nikolayev on the sidelines of SPIEF-2023. "We agreed with the government of the country: if we do not see deterioration of the economic sit...

Whoosh

Whoosh has launched a project to localize production of parts for electric scooters. At the moment 30% to 90% of the fleet, depending on components, in all regions of Russia are operated with new parts. Next season we are planning to renew the fleet up to 100% with parts whose production is localized in Russia. Local production along with other optimization...

Tatneft

Tatneft's annual shareholders' meeting did not take place due to the lack of a quorum. One of the issues on the agenda was the announcement of dividends for 2022 in the amount of ₽27,71 per share. Date of the repeated meeting of Tatneft's shareholders will be determined tomorrow.

MOEX Group (Moscow Exchange)

Moscow Exchange has become a partner of the Zorko investment platform, created at the initiative and with the participation of Rusnano New Investment Cycle Funds 2.0. Platform provides investors with access to shares of fast-growing and technological companies at the Pre-IPO stage and may become an effective mechanism for companies to transition to initial p...

VK

VK plans to enter the audiobook market and take a 5-10% share by 2024, sources told Vedomosti. Company is already in talks with publishers and will add audiobooks to the VK Music music service in the coming months. Amount of commission of the site in negotiations with publishers has not yet been discussed. On average, the commission of digital book services...

VK

Social network VKontakte will launch its own NFT-marketplace by the end of this year. Any user of the platform will be able to create, register, put up and sell their own collection of digital assets. It will be possible to buy tokens on both the primary and secondary market. In addition, sellers will be able to promote collections with the help of VKontakte...

Segezha Group

Segezha Group is negotiating the creation of packaging production and a logistics hub in Egypt to supply all types of its products to the Egyptian and other foreign markets, said the company's Vice President Nikolay Ivanov. Egypt's market is big enough and it is possible to cover the whole north of Africa, he noted. Egypt accounted for 3% of Segezha's total...