Stock market news

Rostelecom

The Ministry of Finance signed a contract with Rostelecom for the provision of services for computing resources of the state unified cloud platform "Gosoblaco" to host and ensure the functioning of information systems and information resources of state bodies. The ₽7.7 billion contract is valid until the end of 2024. Company has already been providing capaci...

MMC Norilsk Nickel

Production of nickel by Norilsk Nickel for 9 months of 2022 increased by 23% to 159.24 thousand tonnes. Copper production was up 10% to 317.15 thousand tonnes. Production of palladium grew by 11% to 2,128 thousand ounces. Platinum production was 491 thousand ounces, up 6%.

Magnitogorsk Iron and Steel Works

MMK engaged China's Sinosteel Equipment & Engineering as the general contractor for the project of modernization of coke-chemical production. Project includes the creation of coke battery №12 complex with a capacity of 2.5 million tons of dry coke, construction of a new biochemical unit and reconstruction of the chemical products recovery and processing shop...

Solidcore Resources

Polymetal produced the first ton of metal in gold-silver cementate at the Kutyn deposit in the Tuguro-Chumikansky district of Khabarovsk Krai. This result was achieved a month after the launch of the plant at the company's youngest deposit. Polymetal plans to develop the deposit until 2028. In total, the company expects to extract about 575,000 ounces of gol...

X5 Group

X5 Group is in talks with Tsentr-Service to build a 45,000 square meter warehouse complex in the Nizhny Novgorod Region, which the retailer will lease. A representative of Centroservice confirmed that the company plans to construct two facilities for the retailer in Vostochny Logistics Terminal logopark in the Nizhny Novgorod Region; they are to be put into...

NRG Energy

The NRG Energy Board of Directors announced a quarterly dividend of $0.35 per share. The last day to buy securities to receive the dividend is October 28, 2022. The annual dividend yield may reach 3.52%.

Detsky Mir

Detsky Mir customers have the opportunity to receive their orders in 2,500 post offices and more than 15,000 Russian Post offices located in more than 1,000 locations in Russia: even in small villages, settlements and hamlets. You can choose a convenient place to pick up your order when making a purchase on the online platform or using the Detsky Mir and Zoo...

MMC Norilsk Nickel

Rusal filed a lawsuit against Vladimir Potanin and his company Whiteleave Holdings in the High Court of London. Rusal's claims stem from Potanin's failure to perform his duties as managing partner in MMC Norilsk Nickel. Under his management, Nornickel lost a number of business assets that played a key role in the group's operations. This resulted in substant...

Lenta

Lenta's IFRS net income for 9 months of 2022 was ₽3.903 billion, down 56.4% from ₽8.943 billion in the previous year. Revenue increased 15.7% to ₽389.24 billion compared to ₽336.33 billion a year earlier.

Mosenergo

Mosenergo's power plants for 9 months of 2022 increased electricity generation by 0.2% to 44.18 billion kWh. Heat output decreased by 5.5% to 55.08 mln Gcal.