Stock market news

MMC Norilsk Nickel

Kolskaya MMC will commission a new cobalt production facility this year to replace the one that was damaged by a fire in 2022. New facility is planned to produce 3 thousand tons of cobalt per year. Before the fire, the cobalt production capacity was 2.5 thousand tons. After the fire, Nornickel started extraction of cobalt from concentrate, which allowed to p...

MOEX Group (Moscow Exchange)

Moscow Exchange and RBC are planning to launch Russia's first family of wine indices. Indices will reflect the state of the domestic white, red and sparkling wine market and will be calculated on the basis of retail prices and sales volumes of these drinks in the Perekriostok retail chain. Each index is named according to the category of beverage: RBCRED - R...

Softline

Softline has announced plans to develop the industrial software direction. This direction will unite products and solutions of Softline Group for industry in terms of product expertise, corporate management, centralized sales and overall development strategy. Direction will include the following companies: OMZ-IT and VISITECH. In addition, Softline is consid...

Artgen

Nextgen has started preclinical studies of the efficacy of a gene therapy drug for the treatment of androgenic alopecia. It is the expansion of indications for the use of the world's first genotherapeutic drug Neovasculgen with the mechanism of action therapeutic angiogenesis (therapeutic vascular growth).

Rocket and Space Corporation Energia

RSC Energia Board of Directors set the price of additional shares placement and made a decision to start securities placement. Company is placing 3,622,146 shares by private subscription in favor of Roscosmos and Rosimushchestvo. Price is set at ₽8580.7 per share.

Raspadskaya

Raspadskaya's IFRS loss for 2024 amounted to $133 million against a profit of $440 million in the previous year. Revenue declined by 22.7% to $1.7 billion against $2.2 billion a year earlier.

Promomed

Promomed Group expects demand for its overweight and obesity drug to grow tenfold this year. The company introduced Velgia in early October 2024, and by the end of the year sales had already reached ₽1 billion.

Samolet Group of Companies

Samolet Group launches a ready-made rental business based on a pool of apartments in built residential complexes, which is designed for investors wishing to earn money by renting out apartments. Potential investors can take advantage of a full range of rental management services - purchase a ready-made apartment with renovation and a valid lease agreement or...

Territorial Generating Company № 14

TGC-14's RAS net profit for 2024 amounted to ₽1.56 billion, up 2% from ₽1.53 billion in the previous year. Revenue rose 13.7% to ₽19.1 billion against ₽16.8 billion a year earlier.

Mechel

Mechel's IFRS loss for 2024 amounted to ₽36.3 billion against a profit of ₽24.3 billion in the previous year. Revenue fell 4.5% to ₽387.5 billion against ₽405.9 billion a year earlier.