Stock market news

X5 Group

X5 Group closed its last Karusel hypermarket, 19 years after the chain was founded. X5 Group's team made the decision to close the hypermarket format two years ago based on changes in consumer behavior and global retail experience. Over time, consumers began to prefer the assortment, prices and convenience of convenience stores, discounters and online channe...

Tatneft

Board of Directors of Turkish Dogan Holding approved the sale of 50% of fuel company Aytemiz Akaryakit to Tatneft. Amount of the deal will be $160 million. Aytemiz Akaryakit has fuel storage facilities and 10 bases, as well as storage and refueling terminals with capacity of 250,000 cubic meters in various regions of Turkey. Currently, the Aytemiz brand serv...

LUKOIL

Bulgaria's Competition Protection Commission has fined Lukoil's structures operating in the country more than €87 million for abusing its dominant market position. In particular, the companies refused to provide other suppliers with access to their warehouses and oil product pipelines. In February Lukoil Bulgaria had already been fined €34mn for abusing its...

Samolet Group of Companies

Developer Samolet received a construction permit for the first project in the Far East - Sabaneyevka 125. Completion of the first stage is planned for the first half of 2025. First stage will consist of three 25-storey buildings. They will have 800 apartments with the total area of 33 thous. sq. m. There will be commercial premises on the first floor. A tier...

Mobile TeleSystems

MTS bought from parent JSFC Sistema advertising platform Segmento to strengthen its own advertising contour and strengthen its position on the AdTech market. Terms of the deal were not disclosed.

Ozon Holdings

Online retailer Ozon is closing down the project of private ads service for the sale of goods from hand, which has been tested since 2022 in three regions of the country. During its operation, the service was used by up to 60% of the audience in these regions, and users placed ads for the sale of 145,000 items. By stopping the service, the company explained...

FedEx

FedEx's Board of Directors announced a quarterly dividend of $1.26 per share. The last day to buy securities to receive the dividend is June 8, 2023. The annual dividend yield may reach 2.82%.

Svetofor Group

Net income of online driving school Svetofor according to RAS for 2022 was ₽25.64 million, an increase of 20 times compared to ₽1.25 million in the previous year. Revenues fell 34.3% to ₽310.69 million versus ₽472.54 million a year earlier.

Far-Eastern Shipping Company

Fesco Transportation Group opened a subsidiary company, Fesco Beltrans, in Belarus. Company focus will be aimed at operating current and developing new FESCO rail and intermodal services between the Republic of Belarus and Southeast Asian countries, Turkey, Kazakhstan and Uzbekistan. At the end of 2022 the volume of Fesco shipments to the Republic of Belarus...

Rushydro

FAS of Russia is developing a plan to separate RusHydro into generation and networks as part of the transition of the Far East to the price zone of the energy market, said Deputy Head of FAS Vitaly Korolev. "Factors in the development of competition will of course also be the separation of competition by type of activity in the respective territories. Obviou...