Stock market news

RUSAL

Rusal intends to spend ₽7 billion to launch an aluminum disc and wide profile manufacturing facility within the Krasnoyarsk Technology Valley. Timing of its commissioning depends on the availability of equipment, which under current conditions is only available from friendly countries, in particular China and Turkey. There are no such production facilities i...

GAZ

GAZ Group plans to produce from 250 to 300 new electric buses, said Nikolai Odintsov, vice president for corporate sales development. "We will reach 10 percent of the total output of buses for public transport as early as this year. We plan to make 250-300 cars", - Odintsov said. Company started serial production of electric-powered vehicles in 2018. Then th...

Altria Group

The Altria Group Board of Directors announced a quarterly dividend of $0.94 per share. The last day to buy securities to receive the dividend is March 22, 2023. The annual dividend yield may reach 8.13%.

Nebius Group

IT company Yandex introduced a more secure version of the browser for business at a cost of ₽1500 per year. Corporate version has enhanced protection against trackers, and browser usage statistics are not sent outside the company. In addition, a centralized deployment to thousands of Windows, macOS or Linux computers at once is available. And the browser can...

Rushydro

RusHydro increased the number of fast charging stations for electric cars by 2.5 times last year, from 55 to 141 points. By 2035, the company plans to increase their number to 1,500, said Dmitry Belyaev, General Director of RusHydro's EZS JSC. He also noted that the business of electric filling stations is already at the level of operational break-even, and...

Sberbank

Sberbank launched acquiring for stores in Crimea and Sevastopol, where a limited number of banks still operate. In addition, it began lending to legal entities on the peninsula. Bank entered Crimea in January of this year, having started servicing individuals.

Mobile TeleSystems

MTS is gradually shutting down its 3G mobile networks as subscribers abandon outdated phones without 4G support. Freed up frequencies in the 2100 MHz band the operator is transferring them for use in the 4G standard. Currently 4G 2100 MHz network has been deployed in 33 regions of Russia. As a result, the speed of mobile Internet increased by 30%, and the ca...

Sistema

Market conditions do not yet allow Binnopharm Group to hold an IPO, but the company does not abandon these plans, said Felix Evtushenkov, who owns 15.2% of the corporation. No predictions are made as to when it will be possible, he said. Earlier Rustem Muratov, General Director of Binnopharm Group, also said that the company was studying the possibility of a...

LUKOIL

Lukoil's oil company has transshipped oil under a board-to-board scheme in Russian territorial waters near Kaliningrad, sources told Reuters and showed data from Eikon's vessel-tracking system. The shipment of 100,000 tons of Urals oil was loaded onto the Andaman Skies tanker chartered by Lukoil trader Litasco in Primorsk in the Baltic Sea, then transferred...

Rushydro

RusHydro plans to start relocating its head office from Moscow to the Krasnoyarsk region next year. Necessity of relocation is caused by equal remoteness of the new office from the company's production facilities, cost reduction, including by selling real estate in Moscow and Moscow region, as well as contribution to social and economic development of Krasno...