Stock market news

X5 Group

At beginning of spring X5 Group put development program on pause due to uncertainty in market. Now, after normalizing the pace of store openings, company plans to add 1,800 new outlets in 2022, which is within the original forecast. Company also expects EBITDA margin in 2022 at previously announced level of 7%. X5 Group has fully adapted to current market co...

Rushydro

RusHydro commissioned automated hybrid power complexes with a total capacity of 7.2 MW in four settlements in the remote Moma district of Yakutia. The power complexes consist of diesel and solar power plants, energy storage systems and automated control systems. Facilities were built under energy service agreement mechanism, which implies a return on investm...

X5 Group

X5 Group has signed a cooperation agreement with the Far East and Arctic Development Corporation to launch the company's operations in the Far East. Parties agreed to combine their efforts to develop food market and define a list of measures necessary for X5 Group to enter region, including need for infrastructure. Investments in creation of distribution cen...

EN+ Group

En+ Group is working on a project to build a large wind farm near Blagoveshensk in partnership with Chinese investors, Mikhail Khardikov, head of the company's energy business, said. Wind farm will be focused on electricity exports.

Sollers

Car manufacturer Sollers Avto launches a new own localized brand Sollers, announced the General Director of the company Nikolay Sobolev. Until recently the only own brand in Sollers Avto portfolio was UAZ. Now company plans to use and promote Sollers brand in the majority of new projects. Soon first such projects will be announced.

MOEX Group (Moscow Exchange)

In August accounts on Moscow Exchange were opened by 421 thousand people, which is 30% less than a year earlier and 9% more than in July. Total number of private investors exceeded 21.2 mln. Number of investors making transactions on stock market in August reached a level of previous year and amounted to 2.1 mln, which is 10.5% more as compared with 1.9 mln....

CVS Health

CVS Health has entered into a definitive agreement to buy Signify Health for $8 billion. Company provides IT solutions for home health services used by about 10,000 clinicians. Closing of deal is scheduled for first half of 2023.

Gazprom Neft

Government granted Gazprom Neft a right to use Ust-Yenisei subsoil area of federal significance in Kara Sea without holding an auction. Resources of the block are 64 million tons of oil and 146 billion cubic meters of gas. Company will carry out prospecting and evaluation of hydrocarbon deposits and if it succeeds in confirming field's reserves, Gazprom Neft...

Rostelecom

Rostelecom's corporate venture fund sold to IT-equipment manufacturer Yadro 30.03% of Radix, which specializes in developing software for data storage systems. Remaining almost 69.97% remain with CEO of Radix Andrey Fedorov. Rostelecom decided that this company would develop more efficiently and faster outside of an operator. Investment was successful - fund...

MOEX Group (Moscow Exchange)

Moscow Exchange suspended trading for two hours due to absence of some client codes in the current configuration of the trading and clearing system of the foreign exchange market. Error was limiting ability to conduct operations by clients of certain trading participants, updating data in operational mode could take considerable time, so exchange decided to...