Stock market news

Yandex

Yandex.Drive carsharing service will start operating in Saratov in December. In September, Yandex.Drive started operating in Yekaterinburg. Service also works in Moscow, St. Petersburg, Sochi and Kazan. Drivers have access to more than 18,000 cars.

Yandex

IT company Yandex and automaker Shakman plan to launch unmanned trucks on the M-11 and M-12 highways in 2025. Unmanned trucks of the fourth level of autonomy will be designed for transportation of dry cargo. At the end of 2025, it is planned to start operating refrigerated trucks.

Polyus

After the launch of production at Sukhoi Log, Chertov Koryt and Chulbatkan, Polyus will double its gold output to 6 million ounces per year by 2030. As a result, the company will take the second place in the world in terms of gold production. At present, Polyus is in fourth place.

VTB Bank

VTB has bought out Russian Post's 50% stake in Pochta Bank for ₽36 billion, Digital Development Minister Maksut Shadaev told a meeting of the Federation Council's economic policy committee. VTB plans to merge with Pochta Bank in 2026.

Ozon Holdings

Ozon plans to launch a bonded warehouse in the Moscow region within a year, where foreign goods can be stored and taxes can be paid only on those that have been sold. Investments in the project will amount to ₽6-8 billion over two years. Operational capacity of the warehouse is expected to be reached in late 2026 to 2027.

Polyus

Polyus plans to launch the first line of the gold extraction plant at the Sukhoi Log deposit in 2028 and the second line in 2029. Capacity of the plant will be 34 million tons of ore, producing 2.3-2.8 million ounces of gold per year, which will make it the most powerful plant in Russia. Recovery rate is planned at 91% above the group average of 83% in 2023....

INGRAD

Sminex Group is negotiating the sale of part of the projects of Ingrad, which it bought out in October this year, sources told Vedomosti. Mainly the sites for the construction of residential complexes of comfort class are offered for sale. According to the interlocutors of the edition, about eight sites for 2.7 million square meters may be sold. Experts coul...

Cherkizovo Group

Cherkizovo Group has acquired a poultry farming complex in the Tyumen Region from Ruscom Group. Deal will increase annual chicken production by 60,000 tons of live weight. During the approval of the deal, FAS ordered the company to put on the stock exchange at least 10% of the total volume of its products sold on the domestic market within four years. Those...

Renaissance Insurance

Shareholders of Renaissance Insurance approved dividends for 9 months 2024 in the amount of ₽3.6 per ordinary share. The last day of purchase of securities to receive dividends is December 19, 2024. Dividend yield may amount to 3.71%.

Sberbank

Sberbank's RAS net profit for 11 months of 2024 amounted to ₽1.45 trillion, up 4.9% year-on-year. Net interest income increased by 12.7% to ₽2.38 trillion. Commission income increased by 6.1% to ₽0.674 trillion.