Stock market news

Raspadskaya

Raspadskaya's RAS net income for nine months of 2022 was ₽28.24 billion, down 34.3% from ₽43.013 billion in the previous year. Revenue increased 2.7 times to ₽23.343 billion versus ₽8.509 billion a year earlier.

SPB Exchange

SPB Exchange October 12 will start trading another 42 shares listed on the Hong Kong Stock Exchange. Among them are securities of Baidu, Lenovo Group, Hong Kong Exchanges and Clearing Limited, NetEase, Semiconductor Manufacturing International Corporation, Bilibili, Geely Automobile Holdings, Li Auto, NIO, XPeng and AIA Group. As a result, the total number o...

Lenzoloto

Lenzoloto's net profit under RAS for nine months of 2022 was ₽587.98 million, compared to a loss of ₽54.779 million in the previous year. Revenue rose 13.3% to ₽128,000 vs. ₽113,000 a year earlier.

Far-Eastern Shipping Company

Fesco opened a subsidiary Fesco Turan in Tashkent. Company will provide a full range of logistics services to customers in Uzbekistan, as well as in Tajikistan, Turkmenistan and Kyrgyzstan. During 9 months of 2022 Fesco has already transported to Uzbekistan almost 8.5 thousand TEUs, while in 2021 the total transportations amounted to 9 thousand TEUs.

Rosneft Oil Company

Russian President Vladimir Putin transferred the management of Sakhalin-1 to Rosneft and ordered that the operator of the project be re-registered under Russian jurisdiction, similar to Sakhalin-2. Previously Sakhalin-1 was managed by ExxonMobil, which owns 30%. There are other foreign shareholders in the project. Japan's Sodeco owns 30% of Sakhalin-1 and In...

Rostelecom

Operator Rostelecom bought Sberbank's stake in a joint venture to develop the Unified Biometric System - Center of Identification Technologies LLC, which was established in April 2021. Earlier status of operator of GIS Unified Biometric System received Center of Biometric Technologies JSC, in which Rostelecom owns 49% and the state owns a share of 26%. Diffe...

VK

After February 24, Alibaba, followed by other shareholders, including VK, refused to continue funding Aliexpress Russia, which did not have time to build the infrastructure necessary to compete with Wildberries and Ozon. As a result, the company was forced to close its local marketplace, halt promotion, cut more than 50% of employees and abandon ambitious pl...

Noventiq

Softline will transfer the Russian business to Igor Borovikov, the group's founder, by the end of November in exchange for part of his stake in the company. As compensation, all GDR holders will receive approximately 0.6 bonus securities for each GDR they own. However, due to sanctions, the bonus securities of GDR owners in Russian depositories will be froze...

Sberbank

Service SberMarket launched delivery from the online hypermarket Vprok, which is part of X5 Group. At the start of cooperation the service will be available to residents of Moscow, and later delivery will be launched in St. Petersburg. The choice of goods of interest from 60,000 positions online hypermarket and make an order for delivery at a convenient time...

OR Group

Promsvyazbank intends to apply to court to declare insolvent (bankrupt) OR Group PJSC and the operating company OR LLC, which also acted as issuer of group's bonds, according to materials on Fedresource. Also Promsvyazbank intends to apply to court to declare bankruptcy of MKK Arithmetika and other companies of group.