Stock market news

Mobile TeleSystems

MTS launches MTS Exolve, a cloud platform that will enable businesses to create their own applications for communicating with customers. Solution provides seamless integration into existing IT systems and efficient management of omni-channel communications. Launch of MTS Exolve will take place this month, and its commercial launch is scheduled for the 2nd qu...

General Motors

The General Motors Board of Directors announced a quarterly dividend of $0.09 per share. The last day to buy securities to receive the dividend is March 1, 2023. The annual dividend yield may reach 0.71%.

Rushydro

Electricity generation by RusHydro Group, including Boguchanskaya HPP, amounted to 135.7 billion kWh in 2022, a 5.6% decrease compared to the same period last year. Heat output in the FEFD was 29.3 mln Gcal, down 2.7% year-on-year. Total productive supply by energy sales companies was 46.6 billion kWh, which is comparable to the previous year.

VTB Bank

Extraordinary General Meeting of VTB shareholders approved an increase in the authorized capital of the bank by ₽302bn through the placement of 30 trillion additional ordinary shares by private subscription. VTB expects to place an additional issue to the Federal Property Management Agency and the Ministry of Finance with payment by shares of the Crimean ban...

Lenta

Retailer Lenta plans to make the Lenta online delivery service available 24 hours a day for the entire chain of stores by the end of 2023. So far, round-the-clock orders are available from 40 hyper- and supermarkets in 11 cities. Company is also continuing the process of merging Lenta Online and Utkonos operating models and plans to expand its online offerin...

Rusagro

Rusagro's revenues for 2022 were ₽258.58 billion, up 6% from ₽243.11 billion a year earlier. Sugar production decreased 3% to 700,000 tons. Production of pork in live weight increased by 9% to 336 thousand tons. Production of crude oil decreased by 4% to 640 thousand tons. Sales of sugar increased by 11% to 850 thousand tons, pork products - by 13% to 281 th...

Polyus

Project to increase the capacity of the Verninskaya gold processing plant received a positive conclusion of the Glavgosexpertiza of Russia. It is planned to erect an annex to the ore preparation and enrichment department No. 2 at the enterprise to provide for processing of an additional volume of ore in the volume of 0.55 million tons per year. Thus, the cap...

Rostelecom

Operator Rostelecom and VTB Infrastructure Holding created a joint venture, Infra-Telecom, which will implement digital infrastructure development projects in the regions. To finance the projects the company will use the mechanisms of public-private partnership. Total volume of projects on creation of video surveillance complexes, intellectual transport syst...

Sistema

AFK Sistema has created Guru Electronics, which will specialize in the wholesale purchase of electronics, in particular smartphones, tablets, audio speakers and so on, and small household appliances. In turn, the company will sell these products to retail chains and stores. Sistema sees great prospects in this direction, noted official representative of the...

Lenta

Lenta's retail revenue for 2022 was ₽530.2 billion, up 11.4% from ₽475.79 billion a year earlier. Online revenue grew 2.1 times to ₽40.4 billion. LFL - sales were up 2.3%, traffic was down 2.6%, and the average check was up 5%. Total number of stores reached 820, up 8.3% year over year.