Stock market news

Globaltrans Investment

Globaltrans shareholders' meeting was recognized as invalid due to lack of quorum. Depository bank failed to take the necessary actions to collect the votes of the receipt holders and also failed to ensure the participation of its representative in the meeting. A repeat shareholders' meeting to approve the offer to Russian holders of securities at ₽520 per r...

Novolipetsk Iron and Steel Works

NLMK Group's steel production in 6 months of 2024 amounted to 7.4 million tons, down 15% year-on-year. Sales of steel products decreased by 11% to 8.0 million tons amid the sale of long products assets.

Rusagro

Rusagro Group has increased its stake in Agro-Belogorie Group from 22.5% to 47.5%, according to the data of the Unified State Register of Legal Entities. At the same time, Vladimir Zotov's share decreased from 72.5% to 47.5%. Rusagro declined to comment, noting only that this is a process within the framework of legal proceedings due to the decision of Agro-...

IVA Technologies

IVA Technologies and RT-Invest Transportation Systems LLC, a developer of intelligent transportation systems of federal coverage, signed a cooperation agreement. Parties plan to jointly develop and implement state-of-the-art solutions in the field of digital transformation of transportation and logistics in Russia.

Far-Eastern Shipping Company

Fesco organized a comprehensive logistics service Fesco Fashion to deliver clothing, footwear and textile products from China, Turkey, Bangladesh and Southeast Asia to Russia for fashion companies. Clients of the service can choose the most convenient transportation route: through the ports of Vladivostok, St. Petersburg, Novorossiysk or through land border...

Magnitogorsk Iron and Steel Works

Shareholders of Magnitogorsk Iron and Steel Works approved dividends for 6 months 2024 in the amount of ₽2.494 per ordinary share. The last day of purchase of securities to receive dividends is October 16, 2024. Dividend yield may amount to 5.52%.

SPB Exchange

Trading volume on SPB Exchange, including repo transactions, for 6 months of 2024 amounted to ₽0.101 trillion, down 34 times from ₽3.43 trillion a year earlier. Average monthly number of active customer accounts decreased 4.5 times to 45.8 thousand. At the same time, the number of clients with open positions in securities increased by 5% to 2.2 million, comp...

KAMAZ

Kamaz sales for 6 months of 2024 amounted to 18,460 units, down 20% year-on-year. Sales of trucks decreased by 21.5% to 17,445 units. Bus sales fell 2.3%, to 677 units, while electric bus sales increased 3.8 times, to 338 units. At the same time, the market of large class buses in the first half of the year grew by 28% and amounted to 3,893 units. Kamaz's sh...

Rushydro

RusHydro is raising a syndicated loan of up to ₽79 billion for the expansion of Partizanskaya TPP. Company will repay the loan on a quarterly basis over 12 years. Partizanskaya GRES expansion project includes the construction of two power units with a total capacity of 280 MW. Their commissioning is scheduled for 2026. At present, Partizanskaya GRES has an e...

LUKOIL

Lukoil's liquid hydrocarbon production for 6 months of 2024 amounted to 1.728 mln boe/d, down 1% year-on-year. Gas production decreased by 0.6% to 17.4 bcm. Volume of oil refining at its own refineries fell by 15.4% to 26.4 million tons against 31.2 million tons a year earlier.