Stock market news

Far-Eastern Shipping Company

Fesco is not planning to pay dividends for 2022. "All net profit is used for development," said chairman of transport company's board of directors Andrey Severilov when asked about possibility to pay dividends according to results of current year.

Alrosa

Estimated cost of construction of a new underground mine at Mir diamond deposit in Yakutia will be about ₽120 billion in today's prices, told RBC SEO of Alrosa Sergey Ivanov on sidelines of Eastern Economic Forum. "This is a very capital-intensive construction: the investment horizon is more than ten years, only 5-7 years will have to build the shafts," note...

VK

VK requested a subsidy of ₽3 billion from Ministry of Digital Affairs to develop a video game engine. Earlier, Rostec State Corporation had come up with a similar initiative, but Ministry of Digital proposed that it request a grant for project from the Russian Information Technology Development Fund. Rostec believes that VK would be a good partner. They beli...

VTB Bank

VTB has started testing purchases of digital financial assets for digital rubles to be issued on Bank of Russia platform. Launch of exchange of non-cash rubles into digital rubles for subsequent purchase of CFA the bank plans to start as early as next year. It will be possible to open a wallet on the Bank of Russia's digital ruble platform and exchange conve...

United Aircraft Corporation

UAC and Aeroflot have signed an agreement of intent for purchase of 339 Russian-made aircraft in 2023-2030, with first firm contracts planned to be signed as early as this year. Agreement provides for delivery of 210 MS-21, 89 Superjet-New and 40 Tu-214 aircraft to Aeroflot on a lease basis. First two Superjets-New are to be delivered in 2023, followed by fi...

Sollers

Sollers Auto in 2022 will start production of two new models of light commercial vehicles under Sollers brand at plant in Tatarstan. Speech is about cabover and semi-cabover vehicles with GVW from 2.5 to 4.5 tons. Project will allow to employ all current personnel of Sollers Ford plant in Alabuga, which has suspended its activity in Russia.

VK

Started portal dzen.ru, this address is now home to blogging platform Yandex.Zen and service Yandex.Novosti, which VK will receive in exchange for food delivery service Delivery Club. Dzen.ru is now available in beta and retains familiar user interface. It presents content from the authors of Zen, search bar of Yandex, news and weather. VK will present final...

MD Medical Group Investments

GC Mother and Child will not be able to start construction of Lapino-3 oncotherapy center in Odintsovo near Moscow this year, said Andrey Khopersky, first deputy general director of the network. Contractors are not willing to sign long-term agreements for construction of large objects due to unstable situation with suppliers and prices, and the company is no...

SPB Exchange

SPB Exchange intends to expand for Russian investors a choice of securities from friendly countries, including actively increasing lists of securities from Hong Kong and mainland China. Trading floor also said it is working to reduce infrastructure risks and is in constant contact with the Bank of Russia. Earlier, regulator said that access of unqualified in...

Verizon Communications

Verizon Communications Board of Directors announced a quarterly dividend of $0.6525 per share. last day to buy securities to receive the dividend is October 5, 2022. Annual dividend yield may reach 5.23%.