Stock market news

Alrosa

Alrosa will decide by the end of the year on construction of a new underground mine Mir-Gluboky at diamond deposit with same name. Pre-project work and the financial and economic feasibility study for construction of new mine showed that project is profitable under current conditions. In addition, Minister of Finance of the Russian Federation and head of com...

VTB Bank

VTB is working on launching a BNPL service, and next year it will be ready to offer it to clients. With its help it will be possible to pay for online purchases in equal installments over a short period of time. For users BNPL-service greatly simplifies process of buying at the expense of credit funds, and the bank will attract new customers. Tinkoff Bank la...

Segezha Group

Segezha Group is studying possibility of placing paper packaging production facilities in Vietnam, said Segezha's Vice President for State Programs, Sustainable Development and Forest Policy Nikolay Ivanov. It is planned to supply products to markets of ASEAN countries, taking into account restrictions on plastic packaging adopted there. Investments in proje...

Polyus

The Board of Directors of Polyus recommended not to pay dividends for 2021. Prior to that, Polyus had been regularly paying final dividends since 2016.

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....